Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Hi SR. I wonder whether you have had a chance to look at the Annual Report for y/e 31/12/21.
I couldn’t help noticing that Mike Houston received fees of £79,167 v ££59,500 in the previous year and David Facey received £81,000 v £59,000. One might ask why considering the state of the company and its precarious financial situation. Nice work if you can get it.
The RNS promised the financial statements this week. Let's see if they deliver tomorrow which will be a day late as no extension appears to have been applied for. Hopefully some good news about to land. :(
SR
It's on the cards. A certain party has them by the balls.
There was an update on the 17th. Improved production but not enough to materially affect June’s tender. So 6 months poor production.
So 2nd quarter figures aren’t going to be too great (abysmal). So the required raise will be substantial. The Two hats (see twitter - 10/5 sunny photo session) will let us know at the appropriate time.
Spot on. I refer you back to my post of June 1st.
Final results for 2021 should be out tomorrow. Be very careful. There could be a suspension as well. I am convinced there is a plan to take this private on the cheap and I fear it is about to happen.
Absolutely right SR.
Do you think that there is any chance that they could find a few big stones that could transform things despite their useless money burning management.
To be in a position to be mining high quality diamonds at a time of rising prices, but still managing to raise money at such ridiculous discounts, then managing to burn through it so quickly is pathetic
Nearly a month since bad news and not a word on financing. Working capital could be in a dire position and after DDDD's collapse I am wondering if it's lights out here or a very heavily discounted placement. Management have a lot to answer for.
Must be raining in South Africa for sure.
Only way is down