Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I agree Lethal1979, I'll start to smile a little once we get to the 40s
GGG think it's time to flip the switch on your repeat recorder on production. Management have made their decision and I for one am happy they have moved to quarterly reporting even if this has meant a drop in SP as traders exit their positions.
Provided production is in line with forecasts and costs are I line with expectations the SP will rerate.
First decent move up in a long time. Hopefully over next few days we see some more Cu price strength and they release the now overdue cost exercise to the market. With production @7ktn run rate I'd hope our AISC are below $3. If that's the case then I'd expect some significant strengthening in the sp pushing us toward £50m mcap. Would have been nice to see 700tn production confirmed for July, but clearly they'd prefer to do a little less leg work versus supporting the share price.
Analaytical im just not getting overly excited at being sat at 20p when my avg is near to 30p , iv been here alot longer than you buddy so i know how easy this can just kick you in the nuts just as one would think momentum is in full swing
Analytical not really pal , just like to keep things real
Every monthly report we've had this year has had a spike leading up to it and a dump on news. I expect the quarterly report to be the same. I expect 2000 tonnes and a red day. The old buy the rumour, sell the news. That's how the market generally goes.
Sustained buying between news is what will give us a rise we can hold on to, as people naturally see the value of the company. People buying a few days before expected news are only here for a trade.
Waiting a couple of months adds unnecessary risk. It also means you're more likely to see a spike in a couple of months. Can't remember who the poster is who keeps saying monthly updates for the next couple of months will 'spike the sp'. Quite the opposite would happen - It would mean sure and steady increases into the quarterly report.
In a couple of months we should have four months of 650+ production behind us. That should be enough proof.
Clearly Malto. Clearly we need costs, which were 'weeks away' over a month ago now. Having said this, the market will assume profitability with Cu above £3.50. But we also need more than 1 month of production for the market to assume we now have a +650tn production profile. Add them together and you'll get sp appreciation even in the absence of the costing exercise.
Its's absolutely linked to CU price, 700 at 3.50 wouldn't return anywhere near the profit of 550 at 4.50 would it?
Anyone would think our sp is linked to the Cu price. Now I wonder what would happen to the sp if they dropped a 700tn record breaking production month into the mix....
Copper still pushing upwards still, always good to see
Pushing up nicely over the past few days, lets hope it sticks this time!
Probably bored PIs who bought in 17s or low 18s selling for small profit to chase other rainbows.
Who is selling @ this price when we r going to rerate in few weeks as we will get Q3 result of 2000+ ton and copper to go $4+?Looking @sale pattern ,someone is in exit plan ...could be k2 (left over ) or DJ ..he is very silent for last few days ..