Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Well put Brikz, I would just mention one thing, I think when they say 'new' third phase I don't think they mean literally another third phase but are referring to the current third phase. I could be wrong but thought that might be potentially slightly misleading when I first read it.
Quite an informative RNS….FWIW …the most pertinent points imo.
1. EU Grant application for Project funding. As many of you have mentioned this is the first time we have seen it in an RNS. Imo the Grant has therfore been authorised and will be published shortly. Expect an RNS on this soon. I doubt very much the BOD would RNS that an application is in without understanding the ramifications of it not being succesfull.
2. Myles stated at the GM he was awaiting the results of the Mets in order to develop a clear operational strategy. These results are in… imo…..
“The diligent work of the team in Spain has enabled the project to move forward over this last six months despite the restrictions of the current Covid-19 pandemic and strict adherence to best healthand safety practices. The studies we have completed over the preceding 12 months can now be integrated into a new economic plan.”
SO expect an RNS soon on the deleterious elements and the closure of phase 2 of Mets.
3. A 3rd Phase of Mets has been commissioned. This is new.
4. A product marketing and sales initiative has been started. This is new.
5. A revised Jorc being commissioned is also great news and vindicates my theory that the grant has been authorised. Otherwise why would we be spending money on this activity ?
6. Bara consulting being appointed for ore sorting is very interesting. They are big in SA....the spike last week worries me that someone knows something and RNS on these results is imminent as well imo.
7. CB has forfeited a huge chunk of options by resigning with immediate effect. This imo is very unlike him and I suspect he is involved somehow moving forward in JV partner or will sit on the new board.
GLA.DYOR.IMO
Well, HL's 2 nominee accounts have 11.15% and 9.57% respectively. There could be a few individuals holding a large % out of that lot... but would we ever know?
(serious question, not a challenge! :) )
BB - do you have to declare if you buy through a Nominee Account (eg, HL)?
Hi bobby, our 50k buyer is back
Ah, those elusive NEX trades :))
Ditto on strategy.
Teaye72, mines on NEX just over 1k worth, I'll keep adding as and when as I'm in to the end.
05/08/2020 08:21 7,066 14.3
The cobra appears from the basket - think I'll add snake charming to my Linkedin profile!
Im Waiting for a slow drip too 10/11 then buying again.
Blimmin derampers! :)
Just tested the market and 15.7 to buy and NT to sell (100,000) so not really kicking on yet.
Great find Brickssa
https://ec.europa.eu/programmes/horizon2020/en/what-horizon-2020
I notice the Junta in Leon is a partner as well as Siemcalsa......based in Leon
https://translate.google.com/translate?hl=en&sl=es&u=https://www.siemcalsa.com/&prev=search&pto=aue
Nice find Brikz - "the strategic importance of raw materials", lot of stuff around about EU supply chains and breaking the reliance on China, reindustrialisation of Europe with move towards command style economies post Covid. Location, location, location - we are in the right place and contrary to my fears as this crisis bit, unexpectedly at the right time.
https://mireu.eu/news/conclusions-workshop-funding-tomorrows-raw-materials-sector
The MMs soaking up all these small sells - try buying any large volume no chance without a premium. gla
You can buy 500 pounds worth at 15.75 certainly not giving these away.
True, I wonder what the market size is over there with limited stock available, can't be much because it looks as though you have to pay a premium for anything large.
JSE hits 6.00...27p up 26% the appetite is slowly coming back it seems.
Perhaps they're better at comprehending peer comparisons over there. Seriously though I think we were all amazed the broker didn't mark us up on the metallurgy to date but I guess when funding is the big unknown how can you fairly value a company? I think their target is still over 35p though. Get this funding sorted and I think we'll see the much-heralded slingshot.
JSE hits 500... 22p
Gizzard / Scheds - agreed.
The broker note here is the game changer as it should be one that is in line with our peers (per LR's quote).
This is already hugely de-risked, LR has had and is in talks under NDAs with interested parties. What he wants is the next results released with a broker note comparing EUZ’s valuation to its peers, that way people will understand just how undervalued we are.
The point is it's all about de-risking. Proving that what we have already demonstrated is as likely to occur across the rest of the high mineralisation zones, so that whoever takes it on can be confident that their mine won't underperform. Further enhancements to the economics hopefully from the ore sorting.