Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Extraction costs are c.$300-$400 per 1 oz. At over$2000 for palladium and $11000 for rhodium - id say that is pretty high margin production!!!
@daza - embarrassing. There’s something called research, why don’t you give it a try instead of asking others to do the heavy lifting for you . DYOR
Imo we wont sell for £10b, not a chance! What evidence do I have? The RNS and website that state 40m oz of PGMS? I dont mind being corrected on that 40m figure though but £10b = about £3.60 I mean come on eh! I'd love to be wrong though I honestly would as that kind of offer would be seiously nuts for my wealth!
I've also noticed a bit of a pattern with some holders, they seem to attack ANY sort of comment that could come across as negative, I think its for one of a few reasons, the comment made was actually stupid or they are worried incase the sp drops, the latter of these makes me lol because in the end its the sale price that counts, nothing more nothing less!
I read RKsigmas posts earlier today and was amazed at how they got attacked for suggesting that the sale process could take longer than some presume, guess what IT COULD! We could also receive an offer price next week, no one on these boards knows when it will come no matter how clever they think they are! Yea, yea the lawyers are involved which is 100% a positive but why in the f*ck is it deemed as derampy for saying it could take a little longer than some presume? Thats stupid!
The sp will do what the so does but in the end its the sale price that counts and when that drops hopefully we will all be laughing, one thing it will do for many of us is it will have taught us how FSP's work and what to look out for in RNS's assuming we are in another share thats being bought out.
Happyclappers well in profit lol
blimey invest2save, all those cars and a lemonery!
Invest to save. We all know that the share price can be manipulated up an down through legal means, if not entirely moral. But you have to be careful mentioning UBS and them leaking information. You will get yourself in trouble by doing that as you are mentioning illegal activity based on a feeling you might have and that is irresponsible
Otherwise I agree with you getting as high a figure as possible is what we are all here for (well except the shorters of course). I personally have never guessed any figures in relation to a potential sale price and I never will as I don't feel I am knowledgeable enough to get it within the ballpark, however like most people I do have a figure in which I would love to get for my shares.
Best of luck to you and everyone invested is what I say. I raise a bottle of rum and toast to the BOD and all the Eurasia investors, especially those here that have kept my spirits up through the suspension and others who's research has been invaluable. Tilly, Ian, Rowka, GLG, A1ex and the list goes on and on.
thanks wkworld
I dont trust Mms and IMO it's not black and white whether something illegal happens or not - I don't know the inner workings but I do believe that Mms have a strong network and know much more than us, and well before us in some situations
it's a murky world with AIM and nothing surprises me, that's based on my experience trading and investing on other stocks in Aim.
Again all IMO and everyone is entitled to their own.
If this goes for a £10b sale, no one will be happier than me, that would be me paying of my huracan or buying a 911 turbo s to sit beside it :)
I think the main issue here invest 2 save is that you are putting it out there that there could be potential illegal activity going on. Bringing up potential leaks as one of the potential reasons for why the share price is where it is now. That is irresponsible, has no basis in reality and is perhaps the main reason why your comments haven't been well recieved. You surely can't expect us to discuss this sort of thing on a mesageboard and it's wrong of you to even bring it up. As for what a final sale price could potentially be, then okay that's fine to discuss but if you want to discuss it at least say how you come to any figures otherwise whether ramping or deramping it's just a figure plucked from the air.
Invest2save,
I'm not ramping or deramping. I make the sale price £6.25 and here's my maths:
£1,000,000 /160,000 shares = £6.25 - simples ; - )
GLA
thanks geckolovesgreed
no such thing as a stupid question. There are ppl here from all sorts of backgrounds, some more experienced than others.
Find away to help and educate them and give something back, rather than shut them down and be nasty.
That's all I'm saying
Fair point wkworld
Look - I'm not a deramper but I hate how ppl can't have opinions and viewpoints for discussion
What I find is, that as long as it's someone ramping about EUA then it's ok to say what you want here without backing it up. Several examples today alone and i dont see anyone shutting them down, why is that? It's because they support your narrative that this is going to be big. Others are very detailed and do supply data to back opinions (like rowka) but many do not. And that's ok.
I just prefer to be more balanced until something formal is announced.
All too often on these boards ppl get carried away and suggest all sorts of ludicrous things.
Like I said I have many shares here now (more than most) and would be happy with the most we can get.
If I remember right from way back last year, all in Sibanye spent $2.7billion on StillWater ($2.2 billion to shareholders but there were fees and debts that Sibanye paid). Still Sibanye were willing to spend that $2.7 billion (£2 billion) to get their mitts on approx 20Moz when Pd was around $650/oz. Their extraction cost were around double ours because it was underground if I remember right.
So £2 billion won't happen IMO. That would be on par with what Sibanye paid for SW when pd was $650/oz with higher costs. Can't see it going for less than £3 billion with the past few updates. Just accounting for the Pd difference between EUA and is around £3.8 billion minus fees and the estimated cost of developing 1000koz plan = approx £3 billion = approx £1.10. If negotiations are adding the extra resources on then the price can only increase. Very rough math off the top of my head but who cares at this point because either way we are all going to win big but illustrates the point that £2billion is very unlikely. IMO IMO IMO IMO.
David on Twitter has a cracking in depth table comparing NAP, SW, Kevista etc to us. Worth a look but all points to the exact same outcome. Lots of money for us and all more than £2billion.
Anyway, early weekend for me so signing off with todays good result.
GLA,
Alta.
Well played Shezer. Think could literally be last time get at this levels. If gets past 22.5p AKA placing price think could very soon be at 30p+ then beyond. DLA Piper #1 law firm in M&A by volume. UBS similar in banking, top 3 probs consistently. Smells like a monster. Looks like a monster.
All out of porcelain here now too... When this comes good... may replace with Gold Sinks! Ha!
GLA! Almost there!
well I did go out and sort the garden as I said I would and have just returned to catch up, doesn't look like we have moved on much from this morning.........
the comment from GLG was perhaps a tad sharp, but as I said earlier, I share the frustration of LTHs who have been here months and months, years in some cases and seen all these questions asked numerous times before.
its inevitable that we get new people on board, particularly when the SP increases as it has today, but please, if you do come on here, before you ask any questions or make any wild statements, at least read the RNS's for the last couple of years, check the company website for presentations and the like, check the Telegram group, anyone can join it, review the work by GM78 and others on Twitter, then, if you are still unsure, comment on here from an informed view point.
Hoping to add again in the morning if the SP doesn't run away from me.
GLA
If i threw anymore sinks in i would be sleeping on the kitchen floor with the cats
My kitchen sink went in here ages ago , i unfortunately do not have anymore available
Afternoon GLG
It just amazes me, head contacts palm
Invest 2 save, perhaps it would help if you actually provided some basis for your opinion. Everyone can have an opnion, what counts it backing it up with evidence or how you come to that conclusion. Such as how you came to approx 2 billion as the likely figure and no more and why you believe that there could be leaks which is why we are at 22p?. We can all throw things out there but there are actually people on this board that provide their research and figures and facts to back them up.
Wife is cursing , she went to wash some dishes and found no sink lol
last top up .
gla lth
I am genuinely staggered at the information we have been given and yet they still sale
You have to wounder if anybody reads it !!!!!
I would put an expletive in front of the stupid
I'm in this all the way and want as much as we can get
But why is the SP 22p? surely the Mms have contacts in UBS etc and can get access to info, maybe they know the sale price is alot lower than we all think? Is that a possi me scenario?
it's one thing having over £100b of resources, it's another mining it etc.
Only our fantastic BOD know what they have on the table and in the ground..some People over here made great calculation..imagine we are in the range of £5billion to £10 billion ..lets say £1 is the minimum FSP..(wonder if our BOD would accept this)
But why are those Mms still playing @21p..do they like getting burned?? I don´t care if they have to pas Millions..but at least its not there best stock to play with right now..all IMO
Some taughts?
Can't see anything below £3 billion/£1 a share at this point, when you do the maths of the resources available, the demand for them and current market prices, many have shown the calculations here the numbers are mind blowing.
There is obviously a risk factor in there but a lot of the valuations have factored those in and they still bring a large valuation to the table.
Then factor in: "This strategic decision was the culmination of many years of hard work by our team in realising the value in our projects.".
There has been a lot of years of hard work to get to this point, it makes no sense for the BOD to hold out for anything that doesn't at least represent 5-10% of realistic future values of the asset with risk factored in.
Before we returned to trading, I was in the 75p, after trading resumed, the £1 train, but after the brilliant research done by a lot of members here, seeing the culmination and stragegic moves by the BOD and with UBS and DLA Piper involved, my mind is fully set on £1.50 a share.