Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Agree Dunder, although not sure if they have had much opportunity to be entrepreneurial yet. Maybe if there is a partnering after farmout we might see some in the make-up of the deal. They've been pretty decisive around cutting costs and giving the company the best chance of 'lasting it out'. Shame these guys weren't here much sooner when there was money in the bank and sentiment was good.
I also note there was a million share dump as folks been buying suggest stakeholder selling or one of these traders closing out, take your pick, I expect this to hit the floor if the RNS is same old, same old rubbish but want to be proved wrong of course, enough said for today as 80 orders to get out by 4pm, enjoy the weather folks ;o) storm brewing !!!
Matherdj I agree totally with Crusty. I am concerned we are running on fines butcam happy with mgt team in place who whilst probably not entrepreneurial are a safe, most aporopriate pair of hands since company started imho. All imho and dyor folks.
Enjoy. A lovely little place.
well there you go the cyber police won't let me tell you, lol. so you will have to guess where i'm going and what i'm picking : )
off down to ****wood harbour low tide, to see if we can pick some ****les, yummy fresh ****les, nothing like you buy in those little jars.
Dunder, there is only really 1 poster doing that and I think most would agree he is a fool.
What are you thoughts on the situation with AEX? I know you said you wrote these off a long time ago.
Why on Earth do people accuse Crusty of so many things when they havent a clue or an ounce of evidence?!
Ffs this really is mental central!!
He truly wastes his time and experience here and people should heed his words rather than mock or be rude.
All imho and best of luck all.
"Sorry BG was that a question?"
well, if thinking an extension could indicate progress or there's still hope of completion, is as you say thinking with ross tinted glasses, then what would you think, if there's (no further long-stop extension) ?
Then we will need to raise cash. And I suggest it will be "expensive".
I would be surprised if they did that btw but hey, I wouldn't rule out any possibility in Tanzania. Nor, in that event would I rule out APT buying AEX - if only because it would prevent a third party from doing so. If as you suggest AEX needs a "merger", what would stop that merger becoming a de facto "take-over" - by which I mean a merger on inequitable terms? Unlikely perhaps with ARA still owning 30% but who knows - a moot point.
what to think, if they decide to push the long-stop out for 6 months, like last year ?
Sorry BG was that a question? If so you will have to expand on it, sorry....
"Lol, there you go again FJ. Wishful thinking yet again...."
well Crusty, what would you think if they don't get it
"Extension RNS tomorrow?"
yes well maybe, whatever, but no need to panic yet
"The Company is exercising very tight control over costs and expects the interim period costs payable to the Company in six equal monthly instalments, starting on completion of the Farm-Out (or by way of the Further Additional Advance, if any), will fund the Company until around May 2021."
Lol, there you go again FJ. Wishful thinking yet again....
totally surprised really but with the extension may have some green shoots of tangible progress !!!
Shows +8% here for me, MM's sitting heavy on 0.7 though.
up on HL as well.
Close of business today would be my guess.
8.15am 2m traded and up 8% on advfn but not here
Extension RNS tomorrow?