Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just keeping a close eye on this trying to jump onboard at the right time, lots of potential here, Main Market must be close now surely?
Soon ;)
Is there any further intel on when the move to the main market will take place?
It sure is going to be fun, not long now guys ;)
Amazing. This looks like a monster deposit indeed! So under the radar this company.
I am sure these results today will ensure a smooth and successful move to the main LSE list.
Can't wait for more news. Cant believe there hasn't been a single share trade today, on news this good? Bonkers.
I have 10% of my portfolio in this one. Its going to be a mega win over the coming few years. Strong Buy. Check out the RNS on Aquis anyone who hasn't read it.
Looks like this is a monster #REE deposit in the making!
https://twitter.com/AltonaRareEarth/status/1534418717408473091?s=20&t=Xzx9AtPurQVaHddRphGfOQ
A bit of exposure here on the home page at 16:12!
I think it has all the ingredients to really fly.
I am also in Rainbow Rare Earths market cap £76 million, and Mkango market cap £40 million.
Yes they are both so much more advanced than Altona, but the potential here to grow from a market cap of only £3.6 million is very clear to me.
The move to LSE main list will be truly transformative as buying on Aquis is expensive, with limited trading access, and a pain. But i am very happy with my holding and have bought 3 times in the past 6 months.
Surely this one has to be a winner, right?
I expect it to move comfortably to a market cap of £10 million in the coming months even without any more substantial news.
Indeed. I think a lot of people will be shocked at the excellent grades and tiny market cap when this finally hits the limelight. SP could explode.
Indeed. I think a lot of people will be shocked at the excellent grades and tiny market cap when this finally hits the limelight. SP could explode.
I got out last year here when things looked like being around April 2022 before the whole thing gets cooking, now looking to get back in as the next few months here look very exciting.
SP looks like it is starting to head north. Not surprising given those stellar rare earth drilling results. Chance to get in ahead of lift-off on LSE listing later this month. Can't wait. SP should multibag from these ridiculous levels. Market cap still only £3.7M.
I must admit that I do not know what grades are good and bad when searching for REE materials. So I'm glad for any info posted here once results are announced. I'm in here as saw an opportunity to get in low...... only a small amount, but better than nothing!
Roll on LSE listing.
Funny seeing COBR posters getting excited at 680 ppm (0.068%). ANR just reported 40,910 ppm (4.1%) from new drilling and a previous result of 74,000 ppm (7.4%). Just look at how these grade compare with the rest of the sector. Monte Muambe is brilliant and ANR is insanely cheap.
https://i.ibb.co/KGSmRYh/TREO-Grades-by-Deposit.jpg
Funny seeing COBR posters getting excited at 680 ppm (0.068%). ANR just reported 40,910 ppm (4.1%) from new drilling and a previous result of 74,000 ppm (7.4%). Just look at how these grade compare with the rest of the sector. Monte Muambe is brilliant and ANR is insanely cheap.
https://i.ibb.co/KGSmRYh/TREO-Grades-by-Deposit.jpg
Excellent results and Christian explains further here
https://youtu.be/u-kkLnEDM4k
Excellent results. Monte Muambe is shaping up very nicely indeed, yet ANR remains at a ridiculously low market cap. This should be several fold higher already, but sadly any price discovery has been killed by the Aquis listing. Most people are not aware of the exchange, many can't access it through their broker and those that can will be put off by the complete lack of volume.
Christian, the current SP is more a reflection of Aquis than ANR and you should take that into account when negotiating the IPO price. Ignore the false price signal and city spivs looking for a cheap entry and stand by the quality of your asset in which you are the largest shareholder. When the LSE listing comes, this will reach a much bigger audience with unfettered access to the stock and the volume will pick up very nicely to support a much more appropriate valuation. All the best.
Thanks for posting.
Moving to main list later this month and today releasing these brilliant drilling results! Its a buy!
ALTONA RARE EARTHS PLC
(“Altona” or “the Company”)
MONTE MUAMBE – PHASE 1 ASSAY RESULTS
SIGNIFICANT NdPr POTENTIAL
Altona (AQSE: ANR.PL), a mining exploration company focused on the evaluation, acquisition and development of Rare Earth Elements (“REE”) mining projects in Africa, is pleased to report the final Phase 1 assay results from Monte Muambe, its Light REE project in Mozambique.
SUMMARY
Phase 1 assay results show significant REE levels across multiple target areas
NdPr levels identified in significant levels
Individual intercepts with up to 7.24% TREO and up to 1.21% NdPrOx;
Out of the 6 targets drilled, 4 have significant REE mineralisation and warrant follow-up, 2 being new discoveries
NdPr are the key metals used in the manufacture of permanent magnets for the drivetrains for Electric Vehicles and Wind Turbines
Monte Muambe is a 4km diameter circular carbonatite intrusion located in Tete Province, Northwest Mozambique, held under Prospecting Licence 7573L. The Company commenced an initial drilling programme in October 2021, focusing on six target areas, drilling a total meterage of 590m Diamond Drilling (DD - 5 holes) and 2,541m Reverse Circulation (RC - 38 holes). The Company had 705 Diamond Drilling (”DD”) samples and 974 Reverse Circulation (“RC”) samples (including QAQC samples) assayed by Intertek in South Africa and Australia.
Significant Phase 1 intercepts are summarised below:
Hole ID From Length TREO% NdPrOx%
MM001 0 120.60 1.920 0.248
Including 17.54 12.15 2.759 0.317
Including 36.71 11.99 2.562 0.317
Including 61.71 27.53 2.731 0.318
Including 98.09 11.88 2.060 0.290
MM039 29.78 52.16 2.109 0.344
Including 36.43 2.11 3.586 0.668
Including 48.38 7.28 2.387 0.408
Including 70.85 10.04 4.044 0.594
MM039 96.5 2.54 1.937 0.274
MM040 38.92 1.52 3.237 0.753
MM040 57.4 26.3 2.409 0.378
Including 61.54 2.3 2.792 0.463
Including 64.17 2.88 3.869 0.545
Including 67.75 1.47 3.142 0.519
Including 72.69 1.53 4.091 0.535
MM040 89.88 0.72 3.843 0.639
MM040 106.75 15.25 3.245 0.441
Table 1 – Significant Intercepts – RC holes
Hole ID From Length TREO% NdPrOx%
MM002 51 12 0.954 0.134
MM003 19 12 1.993 0.300
MM005 27 30 1.444 0.352
MM006 24 15 1.261 0.331
MM021 28 68 1.646 0.251
MM036 3 18 1.205 0.263
MM037 61 9 1.714 0.418
MM042 0 16 1.507 0.369
MM042 37 15 3.306 0.462
MM043 0 32 1.895 0.323
Including 14 15 2.578 0.414
MM044 0 9 2.469 0.340
MM047 28 30 1.665 0.281
Table 2 – Significant Intercepts – DD holes
Note:
TREO% = sum of all rare earth oxide assay results including Yttrium
NdPrOx% = sum of Pr6O11 and Nd2O3 assay results
For more information, the JORC Table 1 report can be downloaded / viewed on the following link: https://wp-altona-2021.s3.eu-west-2.amazonaws.com/media/2022/05/JORC-Table-1-Altona-Rare-Earths-Monte-Muambe-Phase-1.pdf
Had never heard of the Aquis Exchange till I came across this stock, but it's easy enough to buy for anyone wondering. Huge potential upside here as they plan to skip AIM and move straight to main market - and part of their mining rights are subject to this happening, so I think the team will be focusing on getting that done asap. They've mentioned that they were aiming for April/May, so hopefully we get some news on that soon.
Easy buy and hold for a year, with money you're prepared to lose, sp unlikely to be anywhere near here in 12months.
https://twitter.com/AltonaRareEarth/status/1504417449575428096?s=20&t=Di0wpuLJAUYKEd5A7Ni9GA
Decent interview
Yes these results are fantastic and supplement the existing drilling results from Globe maybe 10 years ago
Sorry ... from 22cm depth. LOL
Cracking intercepts. Nanoscopic market cap. Amazing value.
The delay for listing was due to updating the prospectus with the Chambe venture. So hopefully, they can just revert back to the original prospectus now?