Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I have three theories, neither of which might be right:
1. If you're a chartist, we've reached the fourth inverted quadrangle formation pattern which means an imminent rise to 3.4p followed by a drop to 0.2p as long as the forthcoming bank holiday is a blue moon or....
2. If you're watching Blackrock after 2-3 years of 'we'll have our finance deal next week' you actually believe them this time as $113m odd subject to term sheets is quite a big number or....
3. 0.6p or whatever we dropped to $5m mcap is too low for the asset and cost of development for Armadale for Mahenge.
Of course it could be none of the above and just bored PIs buying/selling/speculating but ever was it thus.....
Something brewing ?
Posco's $40m stake is likely to be equity:
https://www.mining-technology.com/news/black-offtake-posco-tanzanian/
And Posco have already taken equity
For Black rock mining, does this mean that they have financed their model 1 totally by debt and not though any placing?
Outdated numbers JSD
Still sub 5M mcap here and next door have like 200m funding some value here for sure, let’s get talking to posco
Another $40 Million from a Tanzanian Bank:
https://hotcopper.com.au/threads/ann-approval-for-us-40m-in-new-debt-facilities-from-crdb-bank.7906200/
Great news for the region, and to be completely honest? It's pretty damn smart of Armadale to allow someone else to front run and pay the $50 Million in infrastructure costs.
Let's see what this week brings!
But Blackrock are progressing their project whereas ACP are not. Something has to change here.
Tanz gov are notoriously slow. ACP clearly underestimated the speed of progress.
Until the Tanz government pull their finger out we can't progress. Regarding the 16% stake.
Comparison -
Blackrock IRR is 36 percent
Blackrock TGC (total graphite content) 7.8 percent
Module 1 Capex $225 million
- - - -
Armadale Capital IRR 91 percent
Armadale Capital TGC (total graphite
content) 9.8 percent
Capex $40 million
Acp is tremendous value, a no brainer.
It’s most welcome Ceri, MB must be most pleased with his work to achieve that size rise.
The shares rose about 20% yesterday. Does nothing please you, Amtech. It is quite a big rise !
Dan, they spent nearly £600k for that profit
I’ll lift my mood when MB starts earning his money.
Amtech i think you need to sell up. There seems to be nothing to lift your mood, & all you see are downsides. I believe you ought to get out at the earliest opportunity.
Whatever dilution we have, it's going to be less the $33 million cost of Power Lines, right Amtech?
I'm talking about Capex Dilution here. Raising even $50 million debt is exponentially easier than raising $100 million in debt.
BKT have the higher costs, so they have the much higher dilutions.
As for working capital dilution, we do have listed investments as TraderDan01 has mentioned.
I know you don't like a little bit of good news AmTech, but it's here, it's positive, and now let's see how ACP starts to develop.
Loss? The holdings increased by £456,000 during that period, and seeing how the indices have only gone u since, one could presume that the holdings have continued to do well.
What sort of dilution are you expecting Amtech?
Wont even touch the sides even if they sold it at a loss
Did they not report £1.6million in listed investments in their half year report?
So are you saying ACP won’t have monster dilution Dee? Come on that’s a daft statement they have nothing in the coffers and what there is MB has his hands on it. Smaller Capex does not equate to smaller dilution, it’s relatively. Wait until ACP get round to updating the DFS for the 4th time Capex will have doubled.
This is a clear and final indication of that Grpahite has big potential in this region and we will have a great vlue!
Thanks
Armadale up 30 percent.