Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just out of interest what are we all expecting as a sale price ..im averaging nearly 45p
Gold still doing well overall. FTSE selling off with Iran tensions. Condor up today a bit. IMO markets have been complacent about the Middle East crisis, whereas gold started ticking up from last October; it has a more prescient quality.
We have got to be super super close. Everything points to a sale and the complete shutdown of any communication from board makes that doubly so. Very good to see a tight ship but there is enough anecdotal news to connect all the dots. I suspect within 7 days we will know, could go to the end of the month. Gla
Longest period of radio silence from Condor since the (attempted) sale of the company was announced.
Easter hols can be a big thing in North America, not so much China, but if Calibre are going to make a move that could explain the wait.
Looking forward to the breakout in that case Geng...
We might hear something this week if calibre secure their financing tomorrow
Unfortunately the lack of anything from the company is not helping the sp. Too long in my opinion in not providing an update. Treating shareholders with distain, some of which, like myself, have supported the company for 15 years.
Yeah, to be honest I was thinking the same? A few people on here who’s crystal balls are severely warped!
No
Are you on the wrong board Geng?
Good solid momentum, should break 34p soon.
Down we go again
London:
https://goldprice.org/spot-gold.html
Shanghai:
https://www.cmegroup.com/markets/metals/precious/shanghai-gold-usd.html#venue=globex
I reckon they'll take a day or two to digest, although anytime after the 17th and news could drop. Assuming of course that there is a connection to Calibre. Intense speculation, yes, but we still don't know anything for sure.
Gold is back to $2360 on the Globex\Asia markets. There's still a difference vs Shanghai. If it falls again the arbitrage situation remains.
I stand corrected on that; AIM Rule 19. I think the Covid extensions have now gone, although not too sure on that. It might test the patience of investors if CNR waits until the last half of June. The next two weeks look more likely to me.
It's four months on the main market, but it's six months on AIM.
https://docs.londonstockexchange.com/sites/default/files/documents/AIM%20Rules%20for%20Companies%20%2801012021%29_1.pdf
Might we hear something on Tuesday? Is that when Calibre financing completes
I did see this:
https://www.cmegroup.com/markets/metals/precious/shanghai-gold-usd.html#venue=globex
At $2429, it suggests around an $85 difference, and a volatile opening tonight.
I'm trying to pin down a live price for the Asian exchanges, as the commentary on Saturday morning suggested a $100 price difference between the Western exchanges and Asia i.e. an arbitrage situation. At the moment all I'm seeing is circa $2345.
Does anyone have a live price link that validates the higher prices, or has the price delta been resolved already?
It's 4 months under DTR 4.1.3. I thought it was but have subsequently checked:
https://www.handbook.fca.org.uk/handbook/DTR/4/1.html
A listing rule rather than Companies Acts.
I think they have until the end of June to publish the 2023 Annual report, 6 months from the year end.
PoG is down $50 from its high today, an inevitable correction. It remains to be seen if it's the end of it but I'm keeping my gold ETF powder dry for the time being, until it's clear.
Https://m.youtube.com/watch?v=qobUwba0uIQ
Good listen around M&A action in the mining sector. I do wonder whether the sudden rise in POG will put more pressure on the buyer to do a deal quicker before the value of our asset gets more and more profitable.
Needs some actual news to stay above 30p. Otherwise it will bounce back down. Sentiment can only go so far.
Boredom has set in again....