Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Forever never, I couldn’t agree with you more as far as the Mdb reserve is concerned and how we are at the most pivotal moment in time for An EV revolution, this is the perfect time and a stable eu country is the right place, and to make it even more of a perfect storm is the political storm vs china, need for securing our own supply in Europe and the huge pots of money that shoes the will and determination that the Eu commission now has to put it’s money where it’s mouth is to safe guard what I’ve eluded to. Yet despite being at the core of this exceptional circumstance we’ve not yet secured anything, not even a tiny little gesture from the battery institute or the commission or from the likes of vw to show that they are impressed with our project and they will take a small equity, say 10 percentage for a couple of million, ie similar sort of dilution as archer has done time and time again, but at least this would inspire the market when they see that an automaker or that the battery initiative really believe in this project and have put up a bit of a notional sum of cash - couple of million is not even pocket change to them. Many months ago i suggested trying to pursued VW to take a 10% stake, please look at my previous posts and you shall see that post, it was before we started seeing VW EV posters in the background of Archer’s interviews! Yet we not even managed to do that. Ofcourse I am hopeful that we will see something like this being struck soon as I have substantial sum in this holding and certainly don’t want it going under. But sometimes out of frustration one cannot but want to point out the failures in order to prompt the BOD to start performing.
Themightali - lots of things happening. The team are working very hard, news is not that far away and IMO will place SAV in a very good position.
Obviously there are risks but we do hold a resource where demand will grow and governments wants to see less reliance on China.
Pros outweigh the cons here in my book.
Forevernever- the sp tells a heck of a story! In the end if the market is convinced by what has been achieved it will be reflected in the sp, it really does after having owned a range of shares including other metals.
As for the silly man casting aspersions on my holding, I wouldn't waste my time conversing with you if my holding was fifteen hundred quid! Further more many of us have real jobs during the day that remained indispensable throughout the lock down. Also read my previous posts, I've never been in favour of Archer being removed as it would destabilising in the short term but I have been moved to this by the constant delays, the lack of transparency towards shareholders, and multiple gravy train dilutions.
wow interesting report. I must confess I have struggled to get some replies and it has been a long struggle over the last 5 years when things looked so good in Moz but I am still optimistic that we might finally be seeing light at the end of the tunnel. Bit reluctant to pump in more money as big holding which I have 'binned' but still hopeful may get return. All looks good moving forward.
If this is your view u need to sell up.
I think he is doing a great job. He is very open and answers questions.
We have had a lot of feed back from him lately on some questions raised and the answers have been prompt and very interesting.
We have also had a very good call with him where all the details of the plan were laid out. The call was about 1.5 hours long and even offered to followup with another call next year as this will be after a number of developments would have happened.
One would suggest you do more research and find out for yourself what's been happening.
Not in the shorter term. Redruth, the nipple end of Cornwall, may have a suitable resource that may be translated into battery grade lithium assuming the conversion processes are developed but assumes the raw materials can be extracted, processed and moved without any coordinated protests and fast-tracked planning consents. Long odds may give great potential returns if they come in but North Yorks and potash might be an unwelcome reminder of what can happen.
Good luck and fortune to them but any Uk battery chain will be reliant on imports for many years yet and I suspect WA is likely to be the source for some time come. But what do I know.
Osaka - you are absolutely right. Too many on here who probably own a pittance. That's why I stopped posting, have not much in SAV now but enough to keep an eye in.
I'm still not convinced, not about DA who I think is very good but the basic principle about the green economics as yet. I remember posting the amount of gas chucked out by shipping.
If manufacturers can start making evs, batteries for local supply then it will work. I think they will in due course, I will buy more but funds going to British li. I think we can do better than our eu friends.
david.archer@savannahresources.com
Shame you're too lazy to find out yourself, after all you must at least £1500 invested here.
No problem, what's his email?
Have you got the balls to tell him that yourself or are you just a bulletin board big gob ? He's easily accessible.
Good grief - A billion pound mining joint venture in Moz with Rio and the largest Lithium mine in Europe - things look soo(SIC) bad.
Investing in Junior miners always takes time to come to fruition, there is an element of risk. The tortoise beats the hare - sit tight and enjoy the ride.
ARCHER has achieved nothing tangible! He either needs to do the right thing and step down or be sacked! Now go on and run along to daddy and let him know!