Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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knowing the ups and downs here I'd be content once this crosses 0.03 but nonetheless looking good so far
Thanks Gizzard...I guessed that...I had the below on my fingertips :-$
Potential value of EUZ…..
My estimated value of Toral is around about $ 3 000 000 000
Current Shares in issue…..16,555,542,985
Potential value per share $0.18
But we know we wont go mining and a sale will take place.....for how much we dont know.
Yes your right, I was thinking about sale value...
@ Gizzard...Resource I think you have slightly down :-) Its over $3 000 000 000....:-$
The cheapest company on AIM by a country mile - imo
Cap £4M
Resource £200M minimum
NPV £110M currently
The market needs to wake up...GLA
Dummy buy, 10mil shares available at .027, .0261 to sell. Someone has decided to start buying.
Ladies and gentlemen, start your engines...
I would hazard a guess that any notable rises from now on are likely to be sustained as each day passes to the end of Dec
From the last RNS -
Metallurgical testwork update
Further to the Company's announcement of 15 November 2019, the locked cycle testwork is now compete and the Company looks forward to receiving the independent metallurgical report from Wardell Armstrong LLP before the end of the year.
No mets will be q4 as per previous rns. I’m feeling Monday in all honesty.
i thought it was said the METS will not be out until new year hence the drift in price ?
The price action suggests nothing coming at the mo. Hope you're right though Mokgone
Maybe the Mets will be out tomorrow, i think it has become EUZ's tradition to issue out production RNS on Thursdays.
Just bought a few more. As they say, you have to be in it to win it. Would be hugely surprising if mets are below par so at this price it’s a good investment. Have been reading and watching the vids and it seems like we’re at one of the most crucial stages for this company. Mets before the year end so could be a good new year. Thanks to all the people who have given a great input and knowledge shared on here and the recent RNS’s have been on point, as far as I’m concerned. Could be one of the best investments on aim at this price but I suppose they all say that.
I feel a lot more confident after re-watching that video last night. He looks very relaxed in dealing with the question about Cadmium. He talks about 'surety' from the previous analysis for 'deleterious deficits' but as we've always known this very expensive WA metallurgy is a all about getting our own top-notch data. It's really worth looking at other companies reporting met work as there will be impurities but obviously the less the better.
Personally i had underestimated the significance of Mets, but after my research in the past few days i am positive the Mets RNS will change everything for the good provided they are positive.
Good post Mokgone. The METS RNS is probably the most important RNS that will be released by EUZ to date and one can see why based on your post. :-$ I have a good feeling about the Mets though....and some of the observations by members of this panel...all lining up for a big windfall imo....as LR would say....slingshot imminent.
Metallurgical testing helps de-risk projects and secure funding
Junior resource companies need funds to advance their projects toward production. Convincing investors and banks to part with their cash means management must continue to de-risk a project to move it to the next stage. Once a company has successfully identified a deposit and delineated sufficient resources, the next step is development and mine construction; an expensive undertaking that’s also risky for investors betting on whether those resources are in fact economically recoverable.
The higher the recoveries (the percentage of a metal extracted from the ore during processing), the higher the profit margin and the quicker investors will see returns. Positive metallurgical testing results tell the market not only whether an operation will be feasible, but also if it will be profitable
Metallurgical testing can de-risk projects in other ways, such as by helping mine engineers determine the best flow sheet design, which can have a huge impact on capital and operating costs as well a project’s environmental footprint. Not all ores are created equally, and not every deposit will be amenable to simple, environmentally friendly, low-cost operations — metallurgical testing can help determine the viability of such methods on a given orebody.
The key to ensuring metallurgical tests are an accurate window into future production on the deposit starts with the testing samples themselves. “The samples must reflect the full range of characteristics expected throughout the deposit. The geologist, mining engineer and metallurgist need to collaborate to ensure an adequate number of samples are collected for testing,” said Dmitry Yermakov, senior processing engineer at SRK Consulting. “An error at this stage in the project can be very costly if the plant does not meet design criteria during the early, payback period of the mine life.” Low-CAPEX/OPEX operations are for obvious reasons more attractive to investors, and positive metallurgical test results are something you can quite literally take to the bank.
Environmentally, the fewer harsh chemicals required during extraction and processing (simple flotation vs. cyanide leaching) the smoother the road to final permitting.