Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
BEM related or exchange wide? Not been that much volume for BEM really over there.
Trading halted in Sweden...
Looks that way FF23. Perhaps we can get some funds from Vardar somehow prior to then to push us that bit further. Not holding my breath in that though. The next update must be Vardar now?
Ed had two choices - immediate fire sale or take a little time to put lipstick and a bow on the pig before taking it to market. The lipstick has been applied, next comes the bow; that will likely be a favourable court ruling. I’m fussing Ed’s time has been spent assessing the likelihood of a win in court, making the “the ore’s great, we’re going to mine it” plan look feasible and opening discussions with potential buyers from a less weak position. He’ll be hoping not to have to raise more funds by having a deal tied up before mid 2024.
Aye, it does produce hope. The PFS is now initiated and ultimately we are still aiming for 2026 so it hasn't changed the timeline. The communication has been poor. The SP needs to be alot higher quite soon really with the timeline and expense associated with it or we need a partner onboard, which is most likely imo/or sold.
Pocko, up 11% because hope is the last thing to die.
The cash burn continues with an SP further wrecked by Röstin and his clumsily worded RNS back in May.
Who pays?
Swedish shareholders have reacted positively but how is it all going to be paid for? I doubt if the consultants will just take shares.
Up 11% in Sweden... Why would anyone pile in now, given the timelines. Defies logic, but there you go. Anything that gets this moving is welcome.
So.... We are carrying on with Kurt budges plan but 6 months later.. lol couldn't make it up.
Absolutely the court ruling...
And given that the environmental work has continued, it begs the question why Röstin decided to further destro the SP by implying a complete stop to works?
And as for the broker rating? That's been in place on Yahoo finance amongst other places for several years... 17.99p.
And then we had Rasmus on LinkedIn yesterday, declaring that he doesn't believe that the Finnish government is taking the battery supply chain seriously.
Nothing has changed.
Yes. Just hope the court ruling gives a rise to reduce the dilution from the next fundraise
We would have run out of money before anything happens with these timescales..
But at least its news......................:-)
Have to agree. I think the next significnt news will be the court ruling
Struggling to see anything new and of substance, apart from confirmation that the timelines have been pushed back. Regurgitation...
So that hardly suggests we’ll continue to fall off a cliff with the sp and disappear into the abyss.
Hoping not anyway. Trusting those words from BEM do mean something, as in something brewing that will benefit existing shareholders.
Here it is, from the BEM LinkedIn page, posted six days ago. I’ve just copied the text:
#BEM believes #Kallak is in the right place at the right time: its high-quality #ironore production potential in proximity to #fossilfree steel manufacturing could provide the most #sustainable #mining operation while transforming the economic future of Jokkmokk
#renewables
We know that BEM has recently posted on social media (yuck) re Kallak being in the right place at the right time. Suzy also referred to it. The sp, with limited RNS news however, says otherwise, so we must trust that something is afoot.
Yes. It’ll feel like a low sp at the time though, so you may change your mind. 😂
If it goes to half that I would be over the moon
I see. Lol.
Keep well eric
Eric/ I no jimb2 from another share l was just taking the mick
Hi Maddog. I’ve seen a forecast rating similar to that 18p for the next 12 months. Think it was 17.99p. I’ll try and find it.
Found it:
https://markets.ft.com/data/equities/tearsheet/forecasts?s=BEM:LSE