Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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@Bricks. Thanks for taking your time to contact 'the authorities' .
Did you happen to mention the delayed Tr1 in your e-mail ?.
Thanks again
With reference to JORC process with AMS - "In this age of wondrous technology this week at Europa Metals we turned much of it off and think a couple of weeks have been saved just by getting everyone around the same table for four days" (LR LinkdIn).
Approximately 4 weeks from 25 Sept so hopefully between now and 23 Oct.
I did actually message him earlier today on Linkedin and asked about when we might expect JORC results - and he said they will be in early Q4 - so anytime now essentially, currently being processed. Early Q4 to me means anytime in October, but hopefully in the next couple of weeks
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If it helps he gave me a firm rebuttal of any conspiracy theories by email as you would expect. Interestingly he also stressed the importance of his options suggesting he wouldn't be doing it just for his salary. Personally I don't think £75K is insignificant but honestly compared to some salaries in junior explorers on AIM it's peanuts.
They don't willingly let out price sensitive information and usually won't be stooopid to let anything slip. You could get...." Everything is on schedule. News will be released soon?"
I wanted to have a candid conversation with him about Monday. That was my ultimate point of trying to contact him
Sorry that looks a bit mean on the screen - not intended (or the poetry). You should have asked him if he knew he has a strange stalker type on here with a Penfold fetish.
Shed, I know that, but as I said I wanted to ask him loads more but when he returned my call I was in the middle of some stuff and had to go
Newbie no offence but that's actually less than we already knew :)
I had a very brief conversation with LR today, but regrettably I was dealing with other issues at the time so had to be brief. My question to him was are we going to await the further drilling for JORC results? “The drilling has finished at Toral and we expect the results during this quarter (4th). I won’t be drawn on when but it will be the 4th quarter”. That in essence is all I had time for. There was so much more that I wanted to ask but had to go. Sorry I can’t give you more. Good luck DYOR
...Yes an interim update on progress is not unknown and would be nice. I think sometimes if a
the BoD follow the bbs they often respond (depends). We may get these interim updates over on GGP which i feel is down to their Ceo reading the posts, possibly. BUT they do tend to halt the continued slide, maybe?
@Shed....your exactly right.
It's also worth adding that D.B have totally de-risked, which means they could sell any current holdings at a loss and still be in profit.
Gla
So we are expecting the updated JORC in the next couple of weeks. It would be great if we could now see an outline estimated project schedule for the next few months too, e.g.
* expected start/finish dates for the additional drilling project
* expected dates to receive resultant lab results and further updated JORC
* expected dates to submit and receive the mining licence that was slated for 2020
Perhaps we won't get this, but I do think it would be useful to help improve investor sentiment and confidence after the last few days of angst ?
I think second guessing what DB may or may not do from now on may be trickier than it appears. So much depends on the JORC and mets. With an indicated resource and proven economically mineable products any further financing if required becomes a different game.
Yes MenoMosso let's hope it works for us! .
Gla
Bill, that’s exactly my thoughts, and I am in the same position. Fingers crossed.
@Bobby. Regarding your sell off due to the "best we could get" comment.....I do think that that comment from L.R is definitely negative, but it does tell us p.i's that the Euz board have firmly put their eggs in D.B's basket.
By following the rough timing of D.B buying/bailing/buying (and some averaging down) I have managed to only be 40% down (I was 90% down) , but have 50% more shares.
Therefore if D.B can double bag this time I'll break even.
I'm hoping D.B's crystal ball is working like it has over the last 6 months to take me into profit.
Gla!
Nice one BB
My memory obviously isn’t that good after all. Sorry :-(((
It was gold that he said to get out of your head as I remember, not copper
I watched a vid with LR giving an update a few weeks ago. In that interview he said “ I’ve been warned off” and also get copper out of your head. I don’t remember exactly when the interview was but for some reason those words keep coming back to me. Their relevance I’m not sure about, but someone definitely had words with him prior to that interview taking place. I hope he gives another update soon so we can listen very carefully to his words and maybe read between the lines Good luck
Fair enough and I won't be asking you to join me as founding members of the LR fan club just yet! But if the 022 and 023 do give us the indicated then 023D will be recognised as a the genuine bonus it is. I also think news of a drill designed to explore that copper will help reignite sentiment.
Thanks chaps but I'm not upset, just making observations about how the conversation is completely destroyed by swings in sentiment. I do agree that DB's manoeuvres have hurt the PI but everyone's blaming LR for their shrewd strategy. Once we get our indicated the boot will be on the other foot in terms of funding.