Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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GB33
He has made a good impression and I doubt he’d have faced criticism if he hadn’t forfeited salary for shares. Let’s see what happens
Let's hope Paul McKay is true to his word, otherwise they really are giving us the bird.
For me it's an opportunity for Paul McKay to step up. He's been at the last couple of investor events and makes a good impression, now he has to deliver to his word.
Or maybe we'll find out that he got the CFO job because he worked for Frontier Mining in the Noughties (presumably for Brian Savage) and is simply a safe pair of hands.
We'll soon know.
"Agreed Sansavatar that the resource update was absolutely stated for this year at the investors event."
And if you're a betting man, given past history, you would bet against this information being published this year, hell, it's only 12 months overdue.
We were promised the PFS for Sept 2017, that turned up 18 months later.
As for people being " apoplectic with rage" there are a few that won't be, their rage is directed at other posters for having the temerity to post their cynical views of management, as is their right on this free public forum.
... and the price of nickel has stared behaving itself.
hope to end the year north of 6.5 / lb
Hi MD, keep on posting and watching I believe we should have movement in the share price one way or another by the end of FEB.. there is something happening in the background, 10 % company sold for a bargain price. Previous investor exists. Board take positions. Results due, NDA in place (still never heard anything about the MOU with Korean company ) our next investor / loan will I believe be announced in FEB. work must be going on behind the scenes if successfull share price enhancing if not then dont want to think about it !! Keep watching and posting , I'm glass half full and have been here a long time
I bet RY wishes he had more like you Turnstone.The reason he needs a lengthy lead time is his and the boards inept attempts to commercialise the company.Now the market is just waiting to see if the arrival TB will bring some life to this bereft of ideas bunch.
Merry Christmas to all Long suffering LTH’s .To many peoples joy I doubt I will post again
MD
Hi etank I understand what you mean, but if I take away my emotional side and put me in his shoes i do understand the choices Robin has. I dont like that we are in this position but unfortunately we are. If Robin accelerates all activities and deliveries all the the information and DFS in record time i believe we will have a serious problem. No actions to undertake and no interest spells serious problems. Delaying and stalling yes stalling the dfs and giving us time for the demand to build up e.g 2 years is where I think he is going. It does pain me to say another 2 years but I have had 10 years so far. Without a bidding war / interest we are dead in the water at least by setting a long time line he can if the opportunity arises shorten the time line.
Hi Turnstone,
Sorrry to say.........
"damage any credibility".................regretably none left in my view ....
etank
Hi GB33, correct but I assume he would make them public as it would be strange to say we have the results but we are not telling you !! that would definitely damage any credibility
Agreed Sansavatar that the resource update was absolutely stated for this year at the investors event.
Hi Turnstone - In the Proactive interview of 8th November RY says they expect the met results from Gipronickel to be with AMC late this year. He does not say when they will be made public.
I personally have no doubt, based on what he said recently, that he meant late in the last Q4 of the calendar year, not fiscal year.
If the expected news is delayed until close to the end of the fiscal year, that means another six months wait for the MET and updated resource figures.
I doubt any of the shareholders would be happy with that. In fact they would be apoplectic with rage if that were the case and they would rightly wonder whose interests the company would be serving to the exclusion of the private investors.
Just nine trading days, including today before the new year.
As they say in Tswana, it's 'ketla ragoga se bona' time. Get yer fingers out!
HI madmat, unfortuantely I dont know the answer to that !! No surprise but only Robin knows. I do however believe it will be at the end of december, based on the funding freeze until Feb 2020 and also the convention for quarter 4 is end of december, fingers crossed it will be share enhancing news ??
last quarter of the fiscal year or the calendar year... ?
Hi GB33,
The last interview Robin did state that it would be at the very end of the last quarter or should I say he say late last quarter. There will be no Santa rally based on the results, I was hoping for an RNS on the funding of the road though today before the AGM the only reason i say this is the funding availability for the infrastructure (road it take it to mean) has been approved according to the information provided by QQR , It may be wishful thinking but I was hoping we would get confirmation that the refurbishment part of the road (approx 50% in length not monetary value) could progress swiftly. Not sure what value the AGM is going to bring to those who attend
I'm a little disappointed, but not surprised, that the resource estimate update has still not been given. There's 10 more trading days this year for it to be published.
Could we actually really see updates from the 2018 drilling season not reach us coherently until 2020? That would be next level incompetence!
Up to you Paul, you were 4 foot away from me when you said this would be so. I'm hoping you're a cut above the rest.