Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Their mcap is £33m ours is £6.5m I’d be happy with 5 bag for starters
Saw that martina. I think it was more to do with the announcement on the 25th that they would relase the fs. That I think was a sell on news.
But yeah that did make me cringe.
Expecting the SS to drop this week, can't see it being any longer. I'm sure he said another couple of weeks just to make sure of the study results.
Well I hope that when the SS DOES finally come out, there is a better SP reaction than the one to HZM's BFS, released yesterday !!! Brutal !
IMHO. DYOR. GLA.
If you look back on the thread a couple of weeks you’ll see some answers to this question..
Actually sent him an email subsequent to your post.
Was very surprised to receive a timely and friendly reply.
On a question related to the expected timeframe of SS release his respons was:
"we expect release very soon."
....friendly chap.
Replies every email
lread@europametals.com
This is most probably a fruitless post/question as there are to many variables involved. Does anyone have an expectation of realistic share price, or willing to reveal their hope for the revised share price based on information that is currently available? Variables left aside, would you for example sell if share price increases by 100% or 200%, or are you hoping for this to be a 10 bagger?
https://agmetalminer.com/2018/10/22/global-lead-zinc-demand-forecast-to-rise-in-2019/
http://www.ilzsg.org/pages/document/p1/list.aspx?ff_aa_document_type=R&from=1
Outlook looking good
Thanks Oiltap, your detailed feedback is much appreciated.
Different metal, I know, but has anyone seen the HZM BFS out today - absolute "Stonker" - shows how a Pro BOD deals with such things.
Lets hope that EUZ and Toral produce a similar result, with similar prospects. It has all the potential and has also got to the current stage with no debt, offtake partner, royalty stream or pre-arranged financiers - like HZM, so that is still all to negotiate in a positive Zn/Pb pricing environement.
IMHO. DYOR. GLA.
IMHO. DYOR. GLA.
Been following this thread and share with much interest, and hopeful. What is required or what are the likely phases required for share price to rise, should this work out as we hope. Will the release of a good SS be enough for share to rise to it's realistic value, or will we only see a small increase, and then have to wait news on funding or possible purchase? What's the expectation for the road ahead?
No problem! I’ll be back posting when news lands...
I hold my hands up, apologies!
And yep youre right - its all about the Scoping Study!
Glad you clarified that - was just speculating because you went very quiet :-)
Quindell your not the 1st person to question why I’ve not been posting and the answer is simple... SS delayed deramper all arrive I have no interest in posting to entertain them I find if you just ignore them they go away which most of them did the fundamentals haven’t changed but until SS lands there is nothing to post really me posting isn’t gonna get the SS here any quicker....
Far more buying than selling, yet the SP falls. Strange.
Looks like MM's short of stock and bluffing it out. As usual.
IMHO. DYOR. GLA.
Just checked in and seen my name next to sells.... at this level not a chance!! I never sold any at .15 so why would I be selling now?!
Such a large spread on the trades today.
Thanks Quindell. All very interesting.
A relative of mine was at the 11th annual conference in Hong Kong - he kept in contact with Cliff after. I can’t verify anything but Ascendant have a step in Portugal so wouldn’t be surprised - Toral is way bigger and way more advanced.
They are a miner looking at stable locations, Toral is the obvious one for any miner out there looking for a resource.
LR said publicly companies were looking at projects.
Ascendant and Abu Dhabi fund(mubadala) 2 I have heard. Not holding my breath but could be great imo if true.
Any sources?
Apparently cliff sanders was active in the region over the past few months in person.
Don’t know what to make of it honestly it’s just a rumour - but does make sense!
Also explains why this SS is so important and why they are fine tuning to make it perfect for buyers that’s what it comes down to imo - they could have released it in September but why not do it once and properly.
I have no doubt it will be sold - lots of media interest and Zinc is going places with short-medium term supply deficit. I’m very excited!
Strange, but you beat me to it Quindell , as I was recently just having a look at Ascendant, although I did not know they had any connection with EUZ, so that is good news to me.
They are about the right size (CAD$56m) for a JV and have other Zn/Pb mines in production and , as oiltap says, an interest in Lagoa Salgada in Portugal, not far from Toral, in global terms. The latter project is also the main project that MAFL moved onto , after they sold Toral/Lago to EUZ, 2 years ago, although it is very difficult to work out MAFL's true interest in Lagoa Salgada, as there are a lot of variables in the ownership agreements which can move things up or down. Ascendant will therefore be Very aware of TORAL for the above reasons & MAY (I don't know this for certain) have had an insight into what the Toral SS says ? Who knows.
Still think Boliden or Lundin will also be interested too, as many of their mines are reaching the final years of their Mine Lives and EUZ would be the right size to "Swallow" for them.
Interesting times ahead.
IMHO. DYOR. GLA.
Ascendant resources sniffing around from what I have heard....