Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yes I did and last week as well. But not much liquidity today.
I have another 15k to put in at these prices this week. That should take to to over a million shares with an average under 8p.
Did you buy more Esh today? Few buys however price isn’t really reacting, completely awaiting numbers showing lift off. I think Chris is clear of what we want, the latest update is certainly painting great progress to turn into money. I think 2019 will be overall a good year with breakeven the aim
I haven't spoken to Chris yet. But I have no doubt Prilep can supply as many projects as Fox can sign up.
Listening to the directors talk interview the other day, Chris mentioned those buyers from Greece saying they had to be sure they could collect a minimum amount of marble from malesheve each month. My first thought was join the queue, and Chris gave no indication whether Fox marble could. You have buyers from Greece, Italy, India and China who all want selene. They have only quarried 1500 tonnes from malesheve this year. How much of that was selene and how much was bianco or superiore?
I'm not sure that quarry can ramp up that quickly. You have seen the video's on facebook, to extend all the benches they frst have to clear the topsoil at the top bench and quarry all the benches back. There is a lot of hill to move.
On the plus side they seem to be getting a premium price for it. Going by the end of year report they sold 894 tonnes to China last year for 209616 pounds. I make that 234 euro's per tonne, much more than they indicated the year before.
Sorry won’t this be worth 100 million plus plus?
Won't this be 10 million plus?
The entire interior of the stone temple will be intricately sculpted from your Alexandrian White and is the epicentre for our temple"
Looking at 2.4 million between now and end of 2020 as a minimum, assume everything up front and we are mostly supplying blocks which then get carved. Good volume, great publicity and picking up the old traditions of getting marble from this part of the world for the middle east.
Fox Marble received a minimum firm commitment for this material to be supplied during 2019 and 2020. The minimum value of this order would be $2.4m and Fox had received the first good faith deposit of $100,000 by way of confirmation.
The final timing of the delivery of this material would be subject to the construction schedule of the temple which was subject to change.
Not a huge change by any means by you but certainly more commitment and belief from this order. What do you think the complete size of the order may increase to, have you spoken to Chris?
It's going to be very easy to keep tabs on this project. It has plenty of articles online, it's only wikipedia link and video's on youtube. Journalists knew stone was coming from Macedonia from this in April, I'm surprised Fox didn't announce it then. I was a bit mean to Fox marble announcing this jam tomorrow contract, there's no doubt it's going ahead, is a big contract and will easily be supplied from Prilep. On reflection Fox is looking very cheap with an enterprise value of 20 million, I will start to average down again.
https://www.mandir.ae/
https://en.wikipedia.org/wiki/BAPS_Shri_Swaminarayan_Mandir_Abu_Dhabi
https://www.thenational.ae/uae/heritage/uae-s-first-hindu-temple-to-partially-open-to-the-public-next-year-1.852651
https://www.cntraveller.in/story/first-hindu-temple-in-abu-dhabi-8-things-you-may-want-to-know-baps-hindu-mandir/
https://www.youtube.com/watch?v=cJ16NnnqzUA