Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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MM's time to take this up and finish us with a decent blue day.
GLA
The figures are even better when you start thinking about resource upgrades from JORC's etc -
"· Block modelling and open pit optimisations are now complete for 6 out of 9 Rosgeo JV projects that in total represent 104.6Moz of platinum equivalent resource (according to the Russian State Cadastre of Mines) as announced via RNS on 26 March 2021."
"It would be quite unusual to not seek authority and these resolutions are put to shareholders at every AGM. The Board considers the Company very well-funded and does not currently have specific intentions for a further fundraising, however, the Board asks that its members make that option available, for example, in case the Rosgeo Joint Venture development this year results in proving a resource higher than already released (104.6Moz Pt eq) and only if further funding will add value to Eurasia taking into account the implications of shareholder dilution, which the Board and management prefer to limit, being collectively the largest shareholders in Eurasia Mining."
GLA
Agree..those millions will be used to get billions..
IMO USA and MMS trying to get everything they can but lots of shares will be paid out(ours,BOD,..)
They know how much this will be worth
The real numbers will blow everybody away..
The more cash they need..the more multibagger value we will get..£'s no pences..
Could be a number of things chriszzr, something which stands out from yesterdays RNS is the ii wanted more so they're perhaps now trying to get those on the open market. If not, well, everyone knows what starts to happen to the resource figures as the big Rosgeo JV assets start to land. The 15 - 30 - 45 simply comes from acquiring plast 330/sopcha, NYUD and POAZ. The ? being what do all the other ones bring to the table.
The figures will vary from that increase suggestion but it's the simplest way to describe what is going to happen when the acquisitions start to land.
It clearly says NYUD and other deposits, not deposit, so the exclusivity zone areas would appear definitely thrown in to the Rosgeo JV. It works out better for Eurasia that way as they get to gain 100% rather than the 80% through acquiring them as flank additions to MT.
GLA
Bit of a feeding frenzy this morning
21/09/21 08:43 453,310 22.06 22.00 22.50 £100,000.19 Sell
21/09/21 09:15 250,000 22.00 21.50 22.00 £55,000.00 Buy
21/09/21 08:48 250,000 22.00 21.50 22.00 £55,000.00 Buy
21/09/21 09:03 250,000 21.11 21.00 21.50 £52,775.00 Sell
21/09/21 09:21 250,000 22.00 21.50 22.00 £55,000.00 Buy
21/09/21 08:07 217,959 22.94 22.00 23.00 £49,999.79 Buy
21/09/21 09:25 150,000 21.95 21.50 22.00 £32,925.00 Buy
21/09/21 09:24 150,000 21.94 21.50 22.00 £32,910.00 Buy
21/09/21 09:21 150,000 22.00 21.50 22.00 £33,000.00 Buy
21/09/21 09:14 145,157 21.95 21.50 22.00 £31,861.96 Buy
21/09/21 08:43 135,686 22.11 22.00 23.00 £30,000.17 Sell
21/09/21 08:53 116,936 21.80 21.50 22.00 £25,492.05 Buy
21/09/21 09:02 108,020 21.25 21.00 21.50 £22,954.25 Unknown
21/09/21 08:48 108,020 22.10 21.50 22.50 £23,872.42 Buy
21/09/21 08:18 108,020 22.70 22.00 23.00 £24,520.54 Buy
21/09/21 08:02 100,520 22.88 22.00 23.00 £22,998.98 Buy
21/09/21 08:39 100,000 22.55 22.50 23.00 £22,550.00 Sell
21/09/21 08:10 100,000 23.14 22.50 23.50 £23,140.00 Buy
21/09/21 08:11 100,000 23.14 22.50 23.50 £23,140.00 Buy
21/09/21 08:49 100,000 21.93 21.50 22.50 £21,925.00 Sell
21/09/21 08:01 100,000 22.60 22.50 23.50 £22,600.00 Sell
21/09/21 09:09 100,000 21.55 21.00 22.00 £21,550.00 Buy
21/09/21 08:28 100,000 22.51 22.00 23.00 £22,510.00 Buy
21/09/21 08:01 100,000 22.95 22.50 23.50 £22,950.00 Sell
21/09/21 09:07 100,000 21.40 21.00 21.50 £21,400.00 Buy
100,000s buys coming in. Something brewing!!
That's what happens when the BOD start those acquisitions -
"as we continue to develop the Company including the upcoming acquisitions of Nyud, Moroshkovoe and other significant Rosgeo JV PGM and battery metals open pit deposits."
The numbers start to increase at a rapid rate with every acquisition. NYUD first and then clearly others have been lined up nicely at this stage.
Koka Kola's all round!
GLA