Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Unfortunately whilst some will do very well out of this decision there will as Tony pointed out be many who dive in without really understanding what they are getting into until the next drop hits them!
Thank you dun for your reply which I am in agreement with in most respects , although the chancellor's obsession or fixation on overgrowing GDP demonstrates that his policies and indeed his party are out of touch with reality that of how the world has changed and the hardships so many people are having to endure!
You may find his interesting https://www.theguardian.com/news/2019/jun/17/is-time-to-end-our-fixation-with-gdp-and-growth
Perhaps you would care to expand on your initial reply as it raises some pertinent points on the issue of short selling?.
he is a and the way the world has changed
What's missing from this is that FTSE 100 companies, bought back £57 billion plus of shares in 2023.
The Chancellor wants growth in the Economy, which comes from investment. If that £57 billion had been ploughed back into investment, instead of buying shares (which increases eps, as well as share prices which supports short sellers), then the Chancellor would get his wish.
S&P futures bust through the 4,800! Of course as I said earlier, all depends on CPI later today
Major stock market indexes in Europe traded higher in the premarket on Thursday. Investors are waiting for new information on monetary policy, which will be published in the new economic bulletin of the European Central Bank (ECB) in the coming hours.
The DAX increased by 0.47% at 8:00 am CET. At the same time, the CAC 40 rose 0.39%. The Euro Stoxx 50 increased by 0.76%. The FTSE 100 grew by 0.33%.
The euro grew 0.17% against the dollar at 7:58 am CET to sell for $1.09843. The British pound rose 0.27% against the greenback at the same time, to sell for $1.27688.
Baha Breaking News (BBN) / DD
US CPI will have a big impact if a big move away from consensus either way- we all know which way is positive here
My cryptos are going great guns Tony :-)
Quite likely, let's hope so!
After all Sun Tzu, the brilliant Chinese military strategist and Al Pacino of “The Godfather” give the same wise business advice: Keep your friends close and your enemies closer. In other words, follow not only what your business partners are doing, but what your competitors are involved in as well.
The most common scorecard that most businesses use is financially beating their competition. However, sometimes working together with a competitor is actually the best way to achieve a common business goal.
Hi Dasut,
Skip the highlighted results as these are pretty meaningless, not really being representative.
Move on to the table with all borehole results and check these.
As you will be aware the drill spacing, or the distance between drill holes, plays a significant role in resource and reserve estimation, closer spacing often provides more reliable data, although it comes at a higher cost.
Wide spacing whilst less expensive is used in the early stages of exploration, wide spacing is less expensive, but offers less reliable estimates and so generally used for inferred resources.
Apparent are generally very short intervals with mediocre grades which may not be economical for underground mining.
*Also noticeable is the absence of maps and cross sections to put these results in context.
*(This may be due to being in the closed period)
So good news up to a point, but best not to count our chickens just yet until all the eggs are hatched!
Tibbs
This will be bad for everything tomorrow bar bitcoin ETFs and bitcoin. Chairman of SEC does not support the product despite having to approve as a security. Bloomberg report that the ETF can not be shorted properly for 3 months. The ETFs have to acquire the bitcoins on the open market so the price rockets. The SEC can not guarantee the ETF will be manipulated by fraudulent activity. Only in America is what I can say. This could be the biggest market mess anybody created. We shall find out for sure in the afternoon. I hope I am wrong but it could suck a lot of liquidity out of the stock markets.
La Mancha has lost confidence already, Sawiris family is not, for a long time been popular.
Suggesting Sawaris is making a move on his own , is pepostorous.
With all due respect , just supposition, unless you have good evidence.
Tibbs what missing information?
Iman Naguib, commented: "I am delighted to be joining Centamin at this stage in the Company's growth journey.
The Company has built a reputation in the region for being a leader in the sector through its development of the Sukari asset into a world-class mine, and I am really looking forward to working with the Board and management team to further build on this strong platform in the years ahead."
There are no further details that are required to be disclosed in respect of the appointments under LR9.6.13 of the UK FCA Listing Rules. This announcement contains additional regulated information.
As as shareholder I feel it may not be wise to allow a possible informer Iman Naguib to be added to the Centamin inner circle ?
Has Naguib Sawiris something brewing - all his ducks lining up, although it's taking longer than he may have liked.
Has the La Mancha's team already seen Centamin's exploratory particulars without already? I
If not then is Iman Naguib now on the inner circle to deliver the goods?
Here are a few of her current La Mancha linkedin connections :
https://www.linkedin.com/in/graham-crew-5ba79133/
Technical Director La Mancha Apr 2022 - Present
London, England, United Kingdom
https://www.linkedin.com/in/karim-michel-nasr-32432330/
Chief Executive Officer La Mancha
May 2019 - Present
And finally, check out this old announcement:
September 17, 2012
MONTREAL--(Marketwire - Sep 17, 2012) - La Mancha Resources Inc. (TSX: LMA) ("La Mancha" or "Company") is pleased to announce the appointment of Mrs. Iman Naguib as its Chief Financial Officer, effective September 17, 2012.
Sébastien de Montessus, President and CEO of La Mancha, stated that: "We are delighted that Iman is joining the La Mancha management team. This is another important step in building a first class team to take La Mancha through its next phase of growth and development.
Old slimy Seb! The pillar of upright financial dealings himself blesses the new hire...
https://www.yahoo.com/news/la-mancha-appoints-cfo-193717355.html
I appreciate that we are now in the closed period prior to the imminent Jan 18th 2024 update which is possibly the reason why what may be regarded as market sensitive information hasn't been made available at this time?
So lets hope Martin Horgan and his team are intending to present this missing information/data on 18th Jan 2024 so as to fully inform shareholders and the market of the true commercial viability and future potential of this Eastern desert reserve, because on the information made available so far it doesn't look as promising as might be hoped for?
Hi Tornadotony,
What are your thoughts on the SEC Twitter acc being hacked, would make much more sense to post that Bitcoin ETF approval was denied wouldn't it ?
Https://www.lse.co.uk/rns/CEY/appointment-of-non-executive-directors-p8oojfl2sa83iqs.html
Major stock market indexes in Europe traded lower in the premarket on Wednesday after yesterday's release of the German industrial output report and the Eurozone unemployment rate. In addition, investors are anticipating the release of the European Central Bank's (ECB) new economic bulletin, which is scheduled to be published tomorrow.
The DAX fell by 0.09% at 8:00 am CET. At the same time, the CAC 40 lost 0.18%. The Euro Stoxx 50 decreased by 0.36%. The FTSE 100 fell by 0.16%.
The euro stood flat against the dollar at 7:58 am CET to sell for $1.09241. The British pound fell 0.13% against the greenback at the same time, to sell for $1.26875.
Baha Breaking News (BBN) / DD
Happy hump y’al
As a Labour member of the UK parliament, I firmly believe that the time has come to revisit and reform short selling regulations, particularly in light of the recent news from the US that the Securities and Exchange Commission (SEC) has adopted a new short selling rule in attempt to increase transparency. Our mission is clear: protect the interests of pensioners and retail investors and ensure the integrity of our financial markets – in short, the exact opposite of the proposed regulatory changes the chancellor announced in the Edinburgh Reforms.
https://www.politics.co.uk/mp-comment/2023/12/21/siobhain-mcdonagh-why-the-regulatory-framework-for-short-selling-must-be-revisited-and-reformed/
The sooner this method of market manipulation is rigorously regulated is long overdue in my opinion!
Tibbs
Thank you Alhamd for this information , interesting pieces on Egypt!
The intercepts are encouraging (thickness and grade) and the cross sections very interesting. This could open at depth, and not too deep at that
the gnome
Give things a week or two. We shall soon see how many idiots get pulled into newly approved crypto ETFs and a week later wish they never got into it as they get totally fleeced. Like an IPO that everybody rushes into and then a week later it is half the launch price.
As a LTH for over 10 yrs I am confident.
The future is looking very good.
The SP is as it is due to the present economic climate, but still undervalued.
It is a traders paradise.
But in time the SP will see its true value as a long term investment.
GLA all LT investors.
For you , who invest in Egypt
the ancestors are preparing a feast , take hold arms both
.. 27 percentage banking interest $ interest $
borrow and make it , $$$
future prosper all who love creator of men
praise to allah $$$
https://enterprise.news/news/edition?id=b7a753d4-a81d-4db4-89b7-0d740a85d0de
Not frustrating at all for traders Mr Tibbles- what a weird statement.
Economics for trading, have you not understood anything?
It must be frustrating for holders, as no scheduled info out until 18Jan.
You've got this the wrong way round!
Hi Dasut,
Yes you are right, you have reminded me, it was Dave and he was in an exploration area where he reported that the Eygptian army had just kicked off a group of well equipped Sudanese artisanal miners who were using a JCB excavator to dig out really high grade ore which they were loading into several Toyota pick up trucks to move over the border.
Unfortunately someone dobbed Dave in to Capital and after that his information flow ceased.
i think I may still have some of his messages though so I will see if I can check which area he was referring to, although from what he said at the time high grade ore was just under the surface. it did sound very promising indeed!
Tibbs