Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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But once money comes to amc bank then its safe.
Next month is nail biting times, alot will happen geopolitically..
Was it not within 3 months once the money has been received.
We haven't even had the all clear from the Russian authorities yet
Still in my channel and looks like a chance to add or re-enter for those that sold 1.4 - 1.6
Clock is ticking, over halfway through the 3 month completion period which ends - 4th Nov (mind you when has RY ever met a deadline!)
https://invst.ly/z0jn3
Still less risky than THG I'd say though haha
Putin about to take land so october will be difficult, nato will react by more sanctions.
This is a chess game, putin will likely switch of the taps.
What will become of amur? Will it get passed? 5m for KM and 30m for what amc spent, its probably way more they spent.
Anyone any clue when this will or won't be passed by the Russian authorities??
There was 50m volume on 13 sept, what happened on that day.
Since that day its been falling..
Nonsense.
TDT
The resource was expanded various times over the years which would have mitigated the lower nickel price, the problem was there was no clear strategy, as i said of the intent was just to sell it for not very much without developing it they could have done so.
Nickle above 11
stock lme lowest for 5 years still dropping
sad sad sad
Oh, you mean back in May 2015 when nickel was about $13,500/tonne and falling? At that point or anywhere after! And tell me, how do you see that happening with the price of nickel for most of the period since May 2015 being in the toilet?
rhmcinty, natural though it is to whinge when something doesn't play out they way you want the least you could try and do is make your whinge credible.
TDT
Any time after the licence was awarded...
They shouldve moved the mine to Florida :-)
".....they could have done that years ago in a better environment...."
Really! And when would have been?
TDT
Because they make risk free profit from AMC via directors renumeration
Not sure it was an excellent job; they haven't had a clear strategy; if it was just to sell it as a licence with mining plans and data they could have done that years ago in a better environment
sorry message should read:
RY in his most recent interview (earlier this week) mentioned the dividend payment of 1.8p whilst the SP was being held at, and still is at 1.3p - Message to Robin, if he believes, this deal will go through, why hasn't he, or any other board member invested anymore?
RY in his most recent interview (earlier this week) mentioned the dividend payment of 1.8p whilst the SP was being head at, at still is at 1.3p - Message to Robin, if he believes, this deal will go through, why hasn't he, or any other board member invested anymore?
@share.. could be mate, RY as done an excellent job in difficult circumstances in Russia but every country throughout the world will have challenges but should be a walk in the park compared to Russia. Lets see what they come up with.. J
Roger65= i echo your thoughts and will be doing the same!
Could be…. But not with my money it isn’t. As soon as this gets anywhere near 2p I’m gone and will not be waving RY a find farewell. The man is a charlatan and has been a disaster for Amc. He was even happy to give it away in such a deal that would have given share holders nothing - Andy he said it was the best deal on offer. A few weeks later he came back with a better offer. Still pretty rubbish but certainly an improvement on the first deal, which would most likely have only seen himself and other Directors see any benefit at all. The man is not to be trusted.
Wonder if this is where AMC is going next….
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chile-at-risk-of-missing-lithium-boom-amid-political-policy-instability-70712711
Thank you for answers.
nibble = nimble haha
At the time of writing, I was nibbling on a chocolate bar!!
Hello Henners007
Not sure if I totally agree with "Mr Market is saying to us quite clearly the payment WILL NOT ....", if this was the case I would expect the share price to be lower..., maybe??
As an investor, can I consider myself as the market?? admittedly I do only own 0.0000000000000001% of AMC!!! my personal outlook on this is and may explain why the share price is where it is ...
1- The continuation of the war adds uncertainty; there is still a chance that the deal will not be approved even though RY is confident that it will. I haven't heard of a similar deal in Russia not being approved !!
2- Timescales mentioned, as TDT has highlighted this, that we could be looking at Jan 2023 for div payment, in the meantime, savvy investors may see better investments that will payout sooner. I am certainly not one of them, just not nibble enough, therefore adding small amounts in AMC, and bringing my average down is more appealing. In addition, the timescale proposed still gives enough time for Putin to change the rules !! ( I think there is a common theme !!)
3- Trust in the BOD, to be able to bring the bacon home......
Early mentioned that the share price may drift lower without news, I would add, I think it will start to raise again closer we get to 1st Nov in anticipation of news, MM will play their games if you believe in those things, (caveat being Putin and the West don't do anything silly!!)