Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Just read the RNS and it's 90% positive! Heron production on schedule, DQE involvement could be mega, just a delay due to Covid to drill further wells. Farm in still a possibility but not required. Awesome! Typical AIM gut reaction without fully digesting the RNS.
This might just be a few % down by close..and all those who sold out -20% will be crying into their dinners tonight.
Grog , nice ! ATB
Hard work but managed to get another 500K in three buys. ave 3.52.
Very happy to get more at the placing price.
Now that would be funny Terrier54 ;-0
its there to see....
Currently the timing of the availability of drilling equipment and crews for the drilling of additional Heron wells has not been confirmed by the contractors. The most active Chinese drilling contractor along with the other, mainly Chinese, service providers have been impacted by Covid-related travel restrictions. These are due mainly to the restrictions imposed by China, which has maintained tight control on movement within and across its borders in response to the Omicron variant of the virus. Meanwhile, Mongolia has recently re-opened its borders to all vaccinated travellers in order to reinvigorate the business and investment environment.
BB, we should be finishing Blue !
Sub 4p this is a great tuck away.
Brent going through the roof.
Can you not understand...the delays are 100% down to the Chinese restrictions and the state run/owned drilling companies will not dare defy any Gov orders on Covid rules.
MATD are ready to go
MATD are funded
MATD have the equipment in place
MATD will be going ahead with or without a JV
DQE want in and are happy to pay.
...and some here are moaning. ..Please God give me strength.
bought 73780 at 3.44p took a while to get money to HL account but very happy at that cheap price
The only ones who are selling are the nervous day traders crapping their pants because they haven't properly digested the RNS...and there are selling at a 20% loss... Foolish move. LTH are sitting back with a nice cuppa.
That after being in late stage negotiations 3 months ago, they have since "advanced negotiations".
Always delays.
Keep buying?
Some great value now.
Things change very quickly and China just being careful with movement.
Heron moving forward.
GLE
Excellent post
Yep dress it up anyway you like . The market doesn't like it and the SP reflects that .
Now FA do us all a favour have a break for a few months . Go out and take in some fresh air and do something less boring instead.
L2 stacked with sells , looks bad
Il be grabbing some cheap shares thats for sure...anyone would think MATD had gone bust with the reaction of a few on here
I don't know why I bother reading this board it just depresses me lol, I thought that RNS sounded ok, things are moving, yes we'd like it to move quicker but that's always been the case for last 2 years yet here we are still getting it done? Yes there could be delays on getting loads of wells up and running but that's ok, it'll come to those who wait as they say.
Down she goes but expect some buying
Pay day for me so ill be topping up this afternoon as i suspect a drop.. im extremely happy to be buying sub 4p at beginning of march
By end of March it will be all systems go id say
Russia busy with Europe will positively affectto potential mongolian oil exporter with Chinese partners. So both Ukraine (and oil rise) and recent RNS are positive sign for MATD. GLTAH.
I'm still In Mr Positive just not as Positive as your namesake
In parallel, Petro Matad is still progressing discussions with potential farminees but the Company is funded for and plans to implement its operational programme in 2022 with or without a farm in deal.
encouraging RNS will be producing heron 1 for sure and dqe apprroach is excellent news, i have some spare cash if we drop