Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Nike point excellently made.
I know it won't resonate with many but I would be delighted for everyone on here if my accountants nose (which I am ridiculed or dis beleived by some on here) is proved completely wrong and RRR SP flys on suburb news.
Yes however Robins someone lent us at least 600k.
We had not a lot in the bank at 31st Dec 23 and managed to.limp through to the share raise at 0.51p in mid April 24. No incomes sources. Who paid the bills in Quarter 1 ?
So that could be Lenigas ?
Debt now over £4m and whoever lent the Q1 money has not secured it on any RRR assets. No charge for RRR or any subsidiaries lodged at CH.
On the face of it excellent news but that story may have longer to run :)
All IMO and DYOR.
Copl was geologically interesting from what I was aware even if the management may have got into a tricky situation. It is the job of the administrators to see what can be rescued of value, though I don't know how optimistic a good outcome of that is.
Dickens was the son of a debtor, if memory serves me correct he always had a worry about money. His experience of childhood poverty informed his empathetic writing about those struggling for money. Obviously he became a wealthy or well renumerated but the ambitious speaking / performing tour of America as a mature man hastened his decline in health and probably hastened his mortality. The great and the good make mistakes just like the rest of us and I'm not even saying the reading tour of America was a mistake but just that he pushed it, drained his energy too much. Point being: all of us make errors of judgement sometimes.
Anyway, I think the convict from Great Expectations, who went to Australia - did well!
Banburyboy I know rich people do not give their money away but I thought that maybe Lenigas might have lent us the money to avoid the last placing. Seems no one believes in our potential.
A signal Robins ?
Don't get where the next hyperbole comes from
- 200 tonnes and Lithium was just hyperbole. Nothing to see there.
- FASO is clearly slowing and pushed too hard
- DRC just seems stuck.
- Australia stuck until POW deal moves forward.
They desperately need credible news to let the placing guys escape ( not least for them to participate in the next one)
Wheres the news coming from ?
You might be right Kenya ?
Like me Robins you have been here five years plus and I'm just not seeing anything to take RRR out of this downward spiral.
Even Lundy seems subdued.
I would hate to be out for a single minute, been so close an all'' I don't know about anyone else posting on here as I don't talk to trolls, or those hanging around for an RNS to sell off... but the people on here that is familiar with the case will understand and you can count those on 1 hand...
But maidit it was a minus one?
Closing on a 1 trade with what is written above is got to be the best look I have seen all year..
GL
Speak soon
He posts on COPL.
That share is suspended amongst some seriously suspect company actions. Everyone is hoping mad. Action groups being set up. Investors lost their life savings but one poster Maidit308 offers a view he is hopeful they will get their money back !!
At best he's Wilkins McCawber [ for those who know the Broadstairs king Dickens] the eternal optimist or he's many shillings short of a full pound.
With Maidit as RRR
cheerleader What can possibly go wrong.
I know he's harmless [unlike Helpful ] but as a people watcher it's fascinating.
For long term posters H50 can be found on ORR moaning about conspiracies and shorters.
Strange how individuals fit a mould !
The French have just been expelled from FASO this week final diplomats gone. No British presence ( use embassy in Accra) plus foreign office don't travel advice. 100 Wagner troops in place 200 more to come.
Heatwave in Sahal and 40% of territory under Jihadest control.
The risks are huge and staying safe as Maidit suggests may be very difficult.
Whatever spin Lundy puts on it this is not an easy place to do business and a distinct possibility timescales will drift into 2025.
This company needs one of those cash defining events - DRC / 200 tonnes ( my favourite) / asset sale / elephant / board forgo salary urgently.
Sentiment is so bad and the record so poor I'm not even convinced the next pump cycle to get placing shares away will attract the herd. RRR and its track record are too well known.
IMO only and DYOR.
GOLD seems to be recovering fast from it's 2 days losses and could break out again this evening '' see what happens..
good sentiment in the sector around the support level of $2300 an ounce can only help little RED'S cause...
Take your pick which one will land first'' but another 1 for the believers just now'' give me confidence that we will soon find out which one...
GL, AB AND TEAM OUT THERE IN THE FIELDS GOLD WASHING, KEEP SAFE...
ATB
Ah Dick, the man who lost serious money on RGM (at least a couple of hundred quid) and that makes him an expert on RRR, in which he has never been a shareholder. How sad and cynical do you need to be to waste your time time for years trying to run down a company in which you have never been a shareholder and never will be?
Never met, spoken or communicated with Maid directly but apart from that Dick you are bang on the money as always: just as you were with RGM.
xx Dick.
Is stop losses, and why some people lose money and moan, and some people make money and don't get attach emotionally'' here is an old link from the great man ZAK'' that everyone trading / gambling on the stock Market should listen to.. and learn
https://www.youtube.com/watch?v=kY9n8EQqs7w
DYOR
"Seriously is this poster real."
No. Hapless has got his arm stuffed up maidit308's jacksy and it working him like a glove puppet.
TDT
And I would be interested to know what real progress AB has made following his Kenya visits. Anything really that leads to money in the bank.
Maid it needs professional help.
He proposes share buy backs instead of consolidation.
He misses the fundamental point since 2008 RRR has had 180 share issues and returned nothing by way of a share buy back or dividend or capital appreciation to shareholders.
Seriously is this poster real.
And reason could be corporate insiders, executives and officers are buying more shares in their own firms than they are selling.
“The combination of buybacks and a lack of new issuances has meant that the net supply of public equity is shrinking at its fastest pace in history.”
Over the past 12 months, the universe of European public equities, including UK stocks, already shrank by €170 billion, which is equivalent to 1.5% of the STOXX 600’s total market capitalisation.
story I have just read in the news today''
SHARE BUY BACK IS THE NEW WAY FORWARD FOR MOST CO ATM TO STOP FUTURE MANUIPLATION''
thought i would shear that with AB'' as he does read these boards... that because consolidation does not work as we have tried it before'' perhaps this is the new way'' and perhaps should be looked at when revenue start coming in
Regards
Yes Helpful.
Juno has been on the stocksc15 years plus.
Any RRR royalties will be outside of posters lifetime.
Near term interests are more critical to current posters.
- 200 tonnes. Does it exist or has that been stolen like the mine in DRC ?
- DRC arbitration communication dead as a dodo recently. Any progress ?
- Faso you said production last week or this and $230k per month cash flow. That covers admin but a start. Whatscthe latest timeline ? June August ?
These are all here and now issues. Any update ?
Https://www.junominerals.com.au/cproot/1183/3/20240422-Juno-Minerals-Quarterly-Activities-Report---Q3-FY2024---Combined.pdf
"This completes the logistics supply chain requirements to facilitate the development of the Mount Mason Project and now identified minor works at the Esperance Port to facilitate shed space with access to be designed and quoted. Juno is actively participating in working with the SPA on addressing these requirements."
"The Mount Ida Magnetite Project (the Mount Ida Project) is a large and significant project that presents a great opportunity to become a long-life magnetite mine. Juno is running a process to attract a substantial partner to earn-in at the project level, with the capacity to complete the Feasibility Study and develop the project."
DYOR
He is on here each day to pump the share so he can sell his cheap placing shares Obviously doesn't want to buy any today as just 3 trades l😉
Hey, Dick tell us the story again, how an astute, intelligent and insightful person like you lost so much money on RGM.....
“So the mystery is, how is he doing well in Red Rock when the Red Rock share price has plummeted….”
I don’t think it’s a mystery Zumore. The man’s a pathological liar. If things were as sweet for him as he constantly claims he wouldn’t be on this BB day in and day out. He’s full of more zhit than a septic tank.
TDT
Doggie, most of the trolls were either never shareholders or were from years ago and long before I invested in RRR.
As I keep stating, the SP is where it is because RRR's best assets were stolen from it. If that asset had not been stolen or if it had been sold to Glencore legitimately or RRR was allowed to get on with procuring the JORC then the history would been different.
When the time comes to take this forward in a tortious interference case, the loss to shareholders will be addressed and not just the loss in value of the asset.
Again, as I have stated, I got involved to fund DRC. That was a superb call except for the assets being stolen. Copper currently $9,741.
Woof.
AimDogs, Helpful - one accidental recommendation on this post, think the screen moved - apologies.