Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Tintin did post a link a while back but it was incomplete, https://www.riksdagen.se/.../tillstandsprocesser_H810159
Would be good if you can find something rune1 and translate, cheers.
Thanks Suzy, it's a shame there are no English subtitles, guess we will just have to wait for an RNS...
Do you have a link to rewatch it?
Lbjj. Depends on your starting point. 27% from recent 6p is well above the offer price.
Just finished watching it. Mr Baylan made a statement first, followed by questions from Eric Palmquist and Lars Hjalmered. I listened intently and picked up a few words, you'll know which ones....mine, permit, consequences, Kallak, Laver, economy, pandemic. Hopefully, we'll learn more in due course.
27% dilution takes SP below 3 for 8 offer price. Thanks for nothing KB. Merry Christmas.
I think you should try to pop it out of your mind and replace the thought with carrot and coriander, potato and leek or something else non-fishy, non-meaty but very soupy.
Just can't get the smell of herring broth, or at least how I imagine it, out of my head.
Prof, the debilitating condition suffered by Subtle would surely be an unfair advantage in his particular race with you. Think turbo sharts.
He's disqualified before he begins. Lol.
We need to get him off the herring broth and on to the methadone. Give him a chance to cleanse.
SJ, I wasn't sure if Buster was referring to you or I, but it doesn't matter, he is obviously just being naughty and trying to cause trouble with ridiculous accusations. I mean, look at how long we've been waiting for a concession decision. How can we say to anyone "Hey, the wait is just normal, in fact it is awesome that there is no specified amount of time to wait, it's thrilling that way, pile in while you still have a pulse! No need to do any research whatsoever!"
Howl.
Actually, I wouldn't recommend this to anyone, it's utter crapola. Don't even lift the barge pole to try and touch it with.
Now I guess I'm a deramper.
Such balance. Lol.
Alas Eric, I’m afraid Subtle won’t be racing anywhere. The copious amounts of herring broth has taken its toll upon his body and poor Subtle suffers terrible bouts of flatulence thus rendering himself incapacitated on an hourly basis
Cheers Eric, good to see you still about and a few others. I am lazy in the present share game. Just watching and waiting until our shackles are off then we can ramp the hell out of this share and bring the big boys out que Johnfitz, delt, profit, subtle, ed44 et al
LOL
I didn't say 50 p reward. I said in certain market conditions, ore prices, sentiment, Kosovo discovery etc. Im basically saying why not given all our cards come in.
It's possible but not the most likely scenario in the short term. It could also go to 10p or 20p or a pound or 1p or 2p and we find nothing and don't get the concession. LOL ramper haha.
Yes, next year has to turn up something good for us, especially to justify this massive fundraise, which is an ambitious step away from the norm. We must trust that Kallak will have an outcome and a find at Kosovo would support Kurt's apparent excitement over the project. I would have rather us pushed more on the Finland project, because we own that 100%, and I have real difficulty in working out just what measure Kurt is using to value each percentage we add to our part ownership of Vardar. It seems a bit random, which I don't like, but I don't like it because I lack that understanding about it. Hopefully he is working to a strict valuation formula and not handing out our money hand over fist for whatever percentage the Vardar lot are willing to give up. Dunno. It is a concern I have, that's all, an because the company isn't listed on a market.
You mention a commod super cycle, that would be brilliant, but perhaps not as fab as a commode super cycle. I'd pay good money to see Profitseeker and Subtle racing each other on one of those. One special bike each obviously, not both on the same one. Lol.
I salute your optimism SJ. As for the 1p, I reckon you and I alone can stop that from happening, by holding firm and rubbing our special calming stones.
Good to hear from you again anyway, you've been totally lazy. Lol.
You are Ramping again ? If ever the concession is awarded then ramp ! Lots of people should not read 50 p reward as they could be mislead into thinking your right and it could end up with nought . You Alma moaner , braggy no brains are always ramping have you been drinking again ? Has suzy been to saucy and getting you bit to hot under the collar . L.O.L.
Good points Eric. It's been a painfully agonising wait. The good thing with the shares is we still only have a small quantity on AIM and the Swedes have loads now compared to what they did. It's still a very tight market. I get what your saying though, it would mean a much higher valuation of our company because of the shares in issue.
I'm ruling nothing out though, when folk get greedy the markets act irrational. I feel 2021 is the year things have to work for us really on all fronts.
I personally like what Kurt has done with diversifying with the graphite in Finland which looks really positive especially the way the world is going, and with Vardar anything can happen there. If drilling next year hits unbelievable intercepts, widths and grades then this could go ballistic on that alone especially with current copper/gold prices however if it turns to be a duster then the market won't do anything as we are still just pricing in kallak. I get the money drains but we just need that one stroke of luck and we could be away again.
And if we got a commod super cycle then hold on tight as 50p easy lol
I'm not rose tinted though, I know it's all ifs and buts. That above is what I'm optimistic for which is why were invested. Equally the other 50% we all know this could fail and we be at 1p next year. Ho hum
I really like what you say SJ, but there will soon be five times more shares in issue than in the good old days of a decade ago. I know we have developed Kallak further since then, to a recognised mineable resource of top quality, but the other two projects, particularly Kosovo, are currently draining our funds at a more rapid rate than with a single project. We are dealing with a less straightforward situation than when we only had the Swedish project(s). Plus, we are about five years away from bringing Kal into production, and that's once we've received the concession award and then the environmental permit.
I feel the only way we may achieve 50p again is if we are bought out while the ore price is high and because our grades command a premium on top of that. When we come to the time to mine, we just can't say what the ore price will be. Sentiment of the shareholder base and the potential shareholder does play a huge part in the buoyancy or otherwise of an investment, yes, so I guess if we do have momentum in sp because of good or bad news then nothing can be ruled out, either up or down. We have definitely endured an overly long, excruciating orphan period in this mining cycle, at the hands of the Swedish Government, but Kurt has yet to do enough to ensure that we still aren't at their mercy.
As I mentioned, I really like what you say, and it reminds me of how things should have gone for us, yet here we are.
I'm damned if I'm giving up on it all though, just like your good self. On a positive note, we now have the KU finding that the Government has not had any administrative process in place for moving along our case for three years or more, so we surely have that information in our favour should we have to sue the Government for dereliction of duty and obviously the resultant damage inflicted from such ineptitude on our Company's welfare.
In my opinion only.
Onwards!
Is this Deltanomics?
Anyone remember the RMG conceptual study back in 2011.
Kallak revenues over 15 year mine life at extraction 10mt a year high end $8 billion at $131 a tonne and low end $6 billion at $91 a tonne.
Operating costs-total operating costs $3 billion and capital costs $0.8 billion.
Estimated operating costs p/t $47.
Massive figures. That doesn't account for our 71% super grade concentrate either. That alone if we get back on track.with concession and project development makes the company worth so much more.
Doesn't include the revenue we will generate from graphite or hype on any discovery at Vardar.
I know this is from the other day but in the right market and with sentiment strongly in our favour, i.e concession, ore prices, Kosovo discovery etc I can see us hitting 50p + again. No problem. Again it's in the perfect storm where we are bullish and this could rise for 12 months or more (not in a straight line of course). You only have to look at SOLG, GGP, BMN and there MCAP. we also have a world class resource and slot going for us. We just need that sentiment change and at the minute (for the past 7 years) the concession will always hold us from going on any meaningful rally until/if it's granted.
https://www.mining.com/iron-ore-price-goes-parabolic-after-cyclone-warning/
65% fines trading at over $170 a tonne! Give us that concession so sentiment takes a sharp turn.
Some poor soul got fleeced at 3.8p for selling 100k shares. Don't recall seeing the advertised sp being less than 4p today.
Painful.
Maybe Sooz. You put the bet on and I'll watch to see how you get on.
:-)
Eric...I wouldn't mind betting it's Swedish stainless steel in all those needles.
We are making our planet cleaner and greener, or trying, so maybe the life expectancy will drop off again. Lol.