Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
All of this smacks of in fighting to me. Think about it. We’re on the verge of something massive so it is highly likely the daggers are out. The devil is at his most dangerous just before the dawn. Any number of things might be happening behind the scenes but I bet we’ll see something similar to Alien metals recently. Board members get antsy as they sniff success. Blood is easily spilled. My own opinion is to sit tight and prey they don’t sell us, the shareholders, down the river. But such is aim.
yes that is true. we sell, hold, or buy. that is all there is
Sell up then. Or wait.
well I guess my point would be that I think the company needs a new ceo. mr dawes seems out of his depth at this juncture. we need someone that has experience getting a junior miner up and running
I do blame the Board for the slow pace the DFS was completed despite it being fast tracked. It took years and we have still not had the Feasibility study for Poland or the rutile results which where sent off nearly two years ago. The Board are happy to drag things on as long as they get paid.
As regards the mining permit they should have applied months earlier so it would be ready with the DFS.
As regards funding, no one will lend until the know what it covers such as permitted tonnes that can be mined each year.
As regards the Talaxis deal. Clearly the market does not view this favourably as we lost our free carry to production.
I have to say it but the market does blame the Board who have failed to adapt to the global crisis.
There was an update yesterday.
Or do you mean for funding (not ready to be announced) or the mining agreement (out of their hands).
You are right, it's the boards fault...not.
End of day, I hold pensana, even worse by timelines announced and missed. Nature of mining.
Failed timescales and lack of updates are huge no no for an AIM minnow in any market but in this market, it’s catastrophic! No matter how good the BOD perceive themselves to be, they are failing in the comms department. BOD used to respond to PI’s but just blank them now so I guess they think they are too important!
I'm going to sink a few peroni's.. nothing to do with the share price, I just like Peroni. When this takes off like a rocket on funding news, I will again sink a few Peroni's.
We are totally in the hands of the BOD here! Lets see if they sell us out?
Anyone got a shirt I can borrow?
Everything is down 50% since January. Knob all to do with management.
Just emotion
Agreed 100% silver. It all seems engineered for some reason. World class asset + high profile investors at prices nearly double current sp …yet the silence is deafening. Makes you wonder what all the government involvement with this was along with the fancy tweets. Surely these guys have enough credibility to pull off a decent deal. Myles seems to have gone quiet also ….not like him. I believe and sincerely hope they issue an rns with funding complete even if it’s short term. We need to see the 20s again.
lack of leadership being shown by management here
No worries, I agree, but its all linked. I am sure they can fund this, if not already have.
Also I wouldnt annouce any news in the current climate until it bottoms a bit more. It will be lost otherwise. Everyone is guarding their pennies.
I have upto 30k waiting on the sidelines across Rainbow/MKA and pensana. I am waiting for funding first. I may miss a few pence but I doubt it as people will jump ship on a trade son after a rebound.
I will at least have derisked confidence though.
Apologies. Read the message wrong Lewis. They managed to get £2m from Cotec with no problem. The mine funding would be obviously bound to the MDA but cash flow raise shouldn’t be a problem at all especially at current levels.
Not bound Lewis but certainly over invested. Still remain hopeful we get a huge bounce from here.
Hopefully finance not bound to MDA. Might be a while otherwise
Ok so most of us are under water and in my case drowning.
Talaxis deal ? Where do they stand ?
CFO- £700k at 24p
TR1 investors? Honourable ones
Cotec - they invested in hypromag at a £15m valuation which leaves songwe at £20m or so.
Absolutely being robbed by the market. Hold your balls fellas …..or whatever is left of them. I’m certainly shook but holding out. Don’t have a choice really.
Reversal inbound I hope with a raise complete. I’m sure they are going to announce a funding deal within days so that should see us rise again. If not I’m off to live in Belarus.
Nice print ;)
Again
The only thing happening at the moment is everyone's investment is disappearing up its jacksy,
Go on then - drop her ...
.
Chocks away.
My average is 23p. Hoping we can get there on MDA news. Mrs M is distraught about my investment but still gives it to me 6 days a week. :))))