Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I did read it :) Sold or forward sold hence sp stable even in big selloff pre election (only hit .6)
I wasn't calling you out for the name change, just interested .... especially as it is was so similar to the last one.
Not sure if im agreeing any more or less than usual with you. Fact is its November and the feasibility study was expected a time ago.... now if they want to coincide its release to a Sino update, then fine, but I feel this should be communicated.
If you want my wider opinion.... it is that we are very much hanging on this Sino review now..... so if it isnt positive it would be a long climb up.
I saw you mentioned debt before.... Best not to consider the drawdown as debt..... but dilution pure and simple. Very rare for a company in our position to actually pay such things..... dilution was always my expectation ..... which is why I was annoyed they took the second tranche so early.
UKInv, with that comment I doubt you've read the rns on 15th July.
Not really, they've already sold a ton
Riverfort control what happens here now .... but yes there could be an opportunity in a shock RNS as always. Very high risk no matter how you look at it.
Agree and topped up my position significantly this morning first thing. Absolutely no brainer if you read between the lines
Appreciate some are down here but just look at AOGL. I was shot down there for saying the same months ago.....well well enough said
GLA
They need to keep us informed, but I was only 2 weeks ago that the last RNS came out..... I would like more but thats because imo they should be delivering on things.... the updated feasibility for example, is now overdue..... and for the mining licence.... I would like to know when there is a material change. So either it is being signed, or there is some information about the new minister sitting on things..... and I dont want second hand info from MLL, our application is a discreet entity, and information needs to be specific to it.
BiB .... any reason why you changed your username?
Welcome Christabirdies to the world of market manipulation....what shows up on these screens is unrelaible at best other than indicating that there has been a "flow" of shares - direction is all down to your perspective apparently according to LSE
Morning all.
I've just bought another million of these,doubling my interest. It was also shown as a sell
Anything above 0.5p and I'm retiring very early indeed!
Yes.
As a side note - Take a look at the lit etf over the past year, look at today's price. Good things come to those that wait my friend...
Quite a few possibilities over the next few months:
Take over
Finance
Huge gold discovery
Bust
I'm still in.
Thanks Daz.
Will be interesting to see whether one, or both, of these gets their license soon.
I reckon he's more of a Qbert player
Only stops when he is playing Elite FJ. :)
That Excel VB macro must be working overtime FJ.
Add to that the additional money drawn down, last lot would keep the Kodal fires burning.
I would suspect the new lot is to cover the ML and "sundries" as well as some trenching etc. In the gold region.
All IMO, only.
GLA.
FJ,
Exactly.
New unproven administration, coming up to the dry season, what would be the sensible course of action, if you were that administration?
Money talks.
Also, it was interesting that Daz suggested MLL were saying mining license applications were suspended atm, that makes no sense given the above?
In addition, what were those guys doing in the ministers office, as per Bernies Twitter post?
Agreed FJ.
I'm sure that the new administration will be hungry for the dollars that the ML will bring also.
still holding, gold disguised as lithium
I think I’m good at holding my nerve. I’m not looking for a quick flip. Happy to sit on my hands and ride the storm and watch things progress over the next year. I’ve got a modest holding here but eggs in a few baskets. That’s the nature of Aim shares. Always a gamble but when they work out the returns can be huge. I hope this is stock into early enough to see the big gains
Gav
For me it’s still a decent bet. I do admit though, at this stage it is a bet. At least it’s one you can research and make an educated bet though.
GLA
Your brave Gav this is as dead as a dodo with the SP already seen a huge spike. I hope you havent alot in here
First post here guys . I've stalked the forum for a while and have modest investment in GGP/EUA. I've been doing my research looking for the next big thing. At the current SP levels it was a no brainers to jump in and join the party. I think the potential here is massive. There will be many more PI who will be looking to invest their profits once EUA finally does get acquired. Hoping to add to my share holding as more capital is freed up and enjoy the ride.
GT
J1,
Funding for the mine will present a challenge for KOD, and by dint its shareholders, whichever way you look at it.
If we assume that Sino either lends KOD the wonga or underwrites bank finance, the senior debt will always get paid back before shareholders see any return, either by way of dividends or if the company is sold.
A $120 million loan (NPV excluding interest costs) versus $200 million post tax profit (NPV), $165 million a year revenue over the LOM and a current EV of circa $6.15 million would be very high risk for a lender. And so anyone willing to lend that much wonga will want a very big return to reflect the risk. If they don't want a big return, they would need to see a psychiatrist.
Either way, the shareholders will end up paying. The question is whether a dilution will be less costly to shareholders long term than a senior debt lender controlling the show and getting their wonga out first.
All IMHO, DYOR and RYOC please
TWK - flush from taking $20 off Doc Holliday with the two pairs of Aces.
Come on... why even talk about raising the money from dilution? Unless you are only pulling a hypothetical case for cross reference.
Raises via shares is for when you cant borrow because you haven't demonstrated your project.... if we don't have a project do you think the sale price for shares would be 0.043?...
If we have what Bernard thinks (and most of us hope) then Sino will come back with sufficient surety and we will get funding.....
If they come back and say its rubbish, I'd like to see who would be buying the shares.... because they could have mine first