Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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At last..onwards and upwards!
I just got to work and read that, great news folks! Great start to the week!
Those are some serious targets they've got. Been a long wait but finally I have shares in an operating lithium mine and Cadence aren't going to make a bean which is the icing on the cake!
Quite a subdued response this morning to THE big news. I would have thought there would be more posts than 6 at 7.20 am maybe we are all too fatigued with the prolonged wait. Anyway onwards and upwards two more milestones to pass before this really is big. Completion of funding and then Zinnwald whatever we are doing with that. VAST & PREM both ready to blow too.
Let’s see 50p here today and I’ll be satisfied as a starting point. Mrs T-J will give me some peace now at last.
Ganfeng has recently announced its intention to proactively advance the development of Bacanora's Sonora lithium clay project during the second half of 2019. This is in addition to work being undertaken by Ganfeng in China, Australia and Argentina as part of a series of planned manufacturing capacity expansions to capitalise on the growing demand for lithium and solidify its leading position in the lithium products industry. In China, work continues to increase the capacity of Ganfeng's battery-grade lithium carbonate production line in Ningdu County, Jiangxi Province which has reached its 17,500 tonnes per annum designed capacity and achieved its 2019 production targets. In addition, Ganfeng intends to build a battery grade lithium hydroxide production line with a 50,000 tonnes per annum capacity at Basic Lithium Plant in Xinyu with commissioning targeted in 2020. These initiatives will support Ganfeng's target of 200,000 tonnes per annum lithium carbonate equivalent production capacity by 2025, although final capacity expansion will be based on changes in, and assessment of, future market demand for lithium products.
Now lets see the fireworks today :)
Well, at last we have it. Thankfully, no last minute banana skins which are always possible when doing business with China. Secker needs to raise his game now and either prove that he has the correct qualities of a CEO with a great asset, a powerful strategic investor, fully aligned with deep pockets and connections. We need to avoid the tail wagging the dog here especially with Zinnwald negotiations to ensure we get biggest bang for our buck. Let’s see what the market thinks of this today.
Good news. The RNS kinda hints at reasons for the delay. Anyway sorted now so onwards and upwards
GLA
So that's what we've been waiting for then. Hoorah!