Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Agree with everything you said there DC. Also Oiltap, yes, Colin does need to up his game here with informing shareholders what is going on, and a lot quicker about it too. We have been left hanging on several fronts, many times and it needs sorting.
Great points Ella/Oiltap. We certainly have the right ingredients for success, whether it be Assests, money or the best personnel in the business for the KCB. We just need it to all come together. We are certainly on the road now. I'm Still sticking by what CB said early last year
"one good drill result and this is a totally different company"
We are now learning just what it takes to get that result
Billy: Your "the SFR 2.6p is looking like an impossible figure" : Certainly a pragmatic view albeit, I guess, rather belatedly. However, my sentiments entirely!
I think there's probably been a bit of conflict of priorities between XTR Bushranger and GLR KCB drilling. I'm pretty convinced QH has shares in both as a result of the 2 acquisitions. Christian Cordier also got shares in both as a result of the 2 acquisitions. Someone got 10m 2p warrants in GLR for the KCB acquisitions which expire next Oct- I'm guessing this may have been Christian Cordier. I suspect these aren't the only 2.common names. The employee/consultant incentives are also applicable to both companies. I suspect QH has spent much more time on Bushranger than on the KCB in the last 6 months.
I feel the same about the RNS, the wording altho relatively upbeat about the sold SFR liscences, seems fairly negative about the retained liscences.....especially when the words "no copper was found" is the one statement that cuts right through it all.
Now iv had chance to digest it I do see it for what it is.
"All the holes were designed to test the D'kar/Ngwako Pan contact"
We found that in every hole.......so success!. The detail at the bottom of the RNS is alot more useful that the summary at the top. Only one hole on the sold SGR liscence 253 went through copper and some holes assumed to and had to be sent away for assay. This is good! But very lucky to have hit first time and a bonus above the intention of what the drill holes were for.
Our retained liscences, found the formation where copper occurs. There are plenty of statements around copper drilling continuing....... words to that affect and copper drilling to start. This says to me we have still got our drill rig and we are simply moving it around now. It feels like we won't have to wait that long for the next set of results.
I looked over the pdf in the RNS first time, but this shows 253 definitely shares a boundary with 250.....which is part or SFRs expansion project.
253 was Highlighted by Virgo (who we bought the liscence off) as having a copper anomaly, the same as 040. This is why I believe we chose to drill these first. 253 has "closology" (to quote Oiltap) as it literally would share a fence with 250
Still alot to come here
039 has the dome so fingers crossed for that
It's like having a devil and an angel on your shoulder on this board some still so hyped and others the complete opposite
Very exciting few months ahead. Cannot wait to see how it all pans out. If we do get around the 6 million figure for glenover (which I suspect will also include Royalties) kind of puts things into perpective when you look at our market cap of 11 million! As I said the other day, way undervalued.
Effectively months off anything positive.... the SFR 2.6p is looking like an impossible figure
And it`s just a little tree-shake Billy!
Its called the AIM market Billy.
Anymore experienced ones able to explain what exactly is going on here
So frustrating
I'm worried our next resistance level may be alot lower than we are now
Why is it not on the website? What exactly does it mean for GLR
Be interesting to see how it is potentially going to be sliced up following Ellas great find on licence applicaitons in the area! We are obviosly involved in some way going by the fact Galileo Mining has applied, but what part does Siege have to play!
You need to type in the name of the project Billy. K a s h i t u
What's that oil tap the link says page not found!
Thanks westland, so we could still be months off even getting anywhere near where we were a few months ago!
PL39 is our most positive licence with the EM survey I do wonder why they didn't start drilling on there first...the drill has started drilling there so hopefully some news in the next few months. GLA
**Substantial boost** not **news**
Yes, KCB is long burn exploration although good news would give this a substantial news but this won't be quick unless we hit the motherload.
Ka****su drilling campaign, SZ income stream and Glenover deal should be our nearer term focus for a boost because only some solid news is going to move this to any great extent.
Kash has been drilled extensively by BHP in the past so some of this drilling is not speculative - it is partially a repeat of work already done for JORC purposes, together with drilling to expand the boundary - maybe an order of magnitude larger than currently accounted for. It is a classic CB strategy. We're betting on how big it is not whether there is a resource there or not.
Still feeling confident then data
Annoying it's before Xmas otherwise I'd buy more
Have to admit it's very disappointing seeing the SP down at these levels again
Thanks Data
I'm really not sure tbh Billy, I personally am expecting news on SZ, Glenover, ka****u first or maybe an all encompassing update (possibly with more KCB in it)