Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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His videos are legend
Goingtomoonufo, Love your ebullience.
Thats actually more than 9 positions, if you read the mining position adverts, they are worded as multiples.
The production guidance put a huge amount of meat on the bones, we know we will be at 1350tpd by tge endvof the year.
In a few weeks tge next quarterlight update us due which will no doubt explain the progress made. I would like to see what equipment has been ordered and when it is due for starters, particularly with regards to the ore sorting. Hopefully we will now be scaling back contractors as more mining staff come on the books.
As I said there are lots of ifs buts and maybes. Its far to far in the future to have any certainty about anything.
go from dec 2020 rns to now you will see the progress. with little dear mention today mean its doing amazing. time frame we dont no but it does say end of year mine up and running at full production.
Did you factor all the warrants in your calculations?
There's a lot of ifs buts and maybes before you get there, but yes in the right conditions it is possible to get to 12p. But thats in at least 4 years time.
so cornish seeing you admit it could go to 12p hahah i like want i am seeing i hope you on same train as me buddy.. but get to 1p first then up we go.
that was my point far to far in petrol with big trucks all time. but promising sign
With both operations fully functioning we would be looking at around 2000t of concentrate produced per week, which would mean a shipment at least every month for an income of about $20 million per month - $240 million per year with costs of around $80 million, giving $160 million per year profit, which would potentially give us a share price of 12p. At which point DJ will be buying himself a carribean island!
On the distances, my gut feeling (in lieu of any permitting requirements) would be to relocate nugget pond mill to Little Deer following the relocation of duck pond mill to ming mine and operate both little deer and ming as self contained operations.
https://www.ramblermines.com/property-info.php information on how far
Cost to drive 30 km is 18.64 miles Canada Gasoline prices, 05-Apr-2021.
Canada Gasoline prices Liter Gallon
CAD 1.442 5.459
USD 1.150 4.353
EUR 0.974 3.687
with such big truck out cost is gonna be quite interesting must put in all factors. not all pure profit here
Just got myself acquainted with the geography: -
Nugget pond is 40km SE of Ming Mine.
To get the concentrate from nugget pond to goodyear cove - located 60km SW of nugget pond, means 140km road trip as you have to back on yourself to ming mine at Baie Vert.
Little deer is located 70km South of ming and 30km North of goodyears cove - 110km by road from nugget pond.
Gives confidence when we here from Cornish.......
Thankyou for your comments .
Some of the other comments give you the impression were watching a scetch from Life Of Brian.
Yep that would be around halfway
Little Deer is only 30 km from the Goodyear's Cove port facility.
that same as little deer ?. as put on my prestation rmm invested 8 million in little deer in 2008.
I believe uts halfway along the road from the mine to the port
How close is little deer whaleback ?
https://www.marinetraffic.com/en/ais/home/centerx:-56.087/centery:49.457/zoom:12
Goooyears cove us the cove just west if South Brook, if you zoom in on the satellite image you can see the concentrate storage shed.
Good start to the day.
What was said in todays announcement was tgat the turnaround of ming will be used to develop whalesback.
So meaning that 10.5 million in placing in February is also for little deer well i must admit toby ****ing man. Meaning if we also doing little deer then this share may go even higher. Then first thought later on.