Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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18% spread hmm
Blue again
Someone in the know good results on the way
All those Questions.
3 trades.
But I reiterate that I think someone has been hoovering up recently....
Not a lot available.
Were blue jesus christ thought i was dreaming ......................
...lets hope its the coal out the front gate!!!!!!!
It's been 2yrs, since the TZ gov. invited EDL to discuss the Rukwa PP, not a word since.
The Mbeya PP is back on track with?? bio fuel.
The Rukwa contribution is still necessary for the base supply in 2026, I think that date may change.
With the power purchase agreement being discussed with Kibo I wonder where EDL will fit in , if it does at all?
Are we going to get April's production figures on Thursday?
GW, a 2% spread and it's the bid that is closing the gap could and I do say could, be indicating that the MMs are going to be looking for shares, we shall see what tomorrow brings!
If I hadn't been here for so many false starts Esquimo, I might get excited.
That said, the bid is up and the closing spread is quite tight which might signify a bit of market action.
There's only so long I can live in hope....
GLA
A touch of blue and not a single comment!
Where's the news tomorrow, is it a leak, wow!
Community?
It just goes to show how bad the situation is with EDL, not a bit of interest!
I did wonder if you were on about that. I don't actually see what progress has been made there since the RNS and placing of 5 May 2021.....apart from blowing Tony's £1m.....hopefully you're not being spun another PR yarn.
Re: volume of buys - I cant say I've noticed that personally, but happy to understand your facts. It's pretty much impossible to tell from the Buy Sell postings, even via the London Stock Exchange data. Additionally Spreadex have increased their holding, so their activity over the last few months will certainly have impacted volumes. And the VWAP, which has a habit of masking what's really going on in the background.....
I've probably been here far too long to see the green shoots though Teaye. It's been endless failure in all honesty and given we've got next to nowhere since start of washed coal production in October 2017 (approaching six years.....), it doesnt fill me with particular positivity that we're looking at investing more money in coal. Didn't we talk about diversification at some point?
Good weekend and, as usual, GLA.
"...we remain focused on securing potential new and exciting coal opportunities."
For all the constant token sells... someone has been loading up in the last few months. And it's not me, sadly, as my average could do with it! I'm still massively under on this one, but have a feeling that times may change. Thus still holding and will average down if I get the opportunity.
Go on Teaye.
It can't be market sensitive info being released to you by our company, as that would be illegal.
Perhaps cut and past the relevant paragraph from the publicly released RNS and post that, with no other comment.....
Meant LinkedIn...
The list was almost complete. Are you on Twitter?
20 k should have been 10k,sausage fingers.
Read the RNS, many times as I have done over the years.
The failure to fill their forecasts is legendary.
A new coal seam
Exciting coal prospects
More contracts waiting
What appears to be a worn out washer
All points to large investment
As yet very little income.
Legal arguments still to be settled.
Why the silence re sales in April?
The lack of trading interest.
Cast your memory back to the early prediction of 20k tonnes pm, and there was even a mention of up to 20k tonnes, what are we aiming for now 2.5k tonnes pm and they are struggling to achieve that..
We need that update!
I can recommend picking up the phone.
Also, re-read the last RNS carefully, right to the end.
Sadly that's the truth.
The book of excuses was written by Rufus, refined by Alistair and we're now on version 3.....
As long time sufferers here Esquimo, we generally know that no news isn't good news.
We can but hope, eh?
It would be reasonable to assume that if they had continued with the little spurt at the end of March it would be out in capital letters.
Why not and what has gone wrong are the obvious questions. Once again EDL running true to form.
No arguments re wet coal.
The washer is a different matter, it is too well used to operate at it's design standard, although modifications and repairs have been carried out, how effective that work is remains to be seen, it has yet to be tested in continuous production. Hopefully this next update will be positive enough to quell some of the substantial doubts about EDL.
The washer isn't a problem - it's designed to handle up to 10k tonnes per month.
The issue is the stockpiled coal was too wet, so couldn't be processed.
I wish our BoD would stop talking about needing an additional washer and just get on with getting our day to day operations more aligned to a professional company, as opposed to a half bit outfit that seemingly doesn't understand some of the fundamentals of running an open pit mining operation.
We operate in an area that has annual issues with heavy rainfall. Coal that is too wet can't be properly processed and certainly cant be sold on. It doesn't take a rocket scientist to work out what they should be doing.
Judging by the last update, getting the coal out of the ground wasn't the problem, it was the limitations of the washer. Without going over the last RNS, I seem to remember that they had a substantial stock pile.
If true the sales last month should be somewhere near their forecast.