Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Why would you do that ….. we all suffer as a consequence
Save valuable time today by just reecounting what was written on the board from any day over the past 3 years
Because what you are suggesting Redknight is illegal.
Hi Red. The GPFG is the formal name for the oil fund, effectively is their sovereign wealth fund. It invests in non domestic assets. They also have a smaller domestic fund also under the management of NBIM. Their Solg investment is in the GPFG aka the oil fund.
24,000 shares traded in the first hour...pretty low volumes the last few days...
My theory is that the market is waiting for something...only 12/16 weeks to the AGM...something has to happen...
If no bid is immediately forthcoming, how about a 'wildcard' attempt which leads the company to publish a RNS saying...
"The Board has received an approach that may lead to a bid..."
Share price rises sharply (unless suspended)...flushes out BHP and others' intentions...starts the bidding war...
Norges Bank is not directly connected to the Norwegian Wealth Fund, which lost $174 billion in 1H2022...
Norges Bank is Norway's central bank. The Bank shall promote economic stability in Norway. Norges Bank also manages the Government Pension Fund Global and the bank’s own foreign exchange reserves.
My presumption is that the SOLG stake has been bought for the Government Pension Fund
Norges Bank’s responsibilities in managing the Government Pension Fund Global (GPFG) are regulated by means of regulations issued pursuant to the Act relating to the Government Pension Fund Global and a separate management agreement with the Ministry of Finance.
Bozi agree there’s no guarantee they want to offer but Cascabel will fit perfectly into someone’s portfolio…. On the flip side then you could say BHP’s presence simply puts others off as they will demand top dollar
DBW - has anyone countered them on Oz Minerals yet?
I don't think they've spent the last 4 or 5 years making the moves they hsve to be worried about being countered.
They'll have a plan A, B and C for getting up towards 30% without causing too much of a ripple in the market. That is, of course, if they really want to buy us at all...
I remember Mather talking years back about the punitive government taxes in the contracts that kick in in the event of Solgold selling a tenement
DBW, in my opinion BHP will only want Cascabel and possibly Porvenir , and they'll have conversations with our board along those lines. Only if they get told to pish off will they consider a bid for the entire company and I'm certain they would prefer to avoid the hassle of doing that. At this stage of exploration the rest of our concessions will be of little interest to them. The cost of repaying the Franco monies will be taken into account when arriving at a valuation and will be deducted accordingly.
My guess is that DC would only consider this if all other avenues have been exhausted as I'm sure he wants to build some competitive tension into the equation.
Agreed they’d have to explain their reasoning to their shareholders but anything less will (Imo) not cut the mustard
60p would be nearly a 200% premium. Is that likely? Would that not tell the market, "this is grossly undervalued"? I must admit, I don't know.
This is of course hypothetical, but in the unlikely event this doesn’t go to production, where would BHP have to pitch an offer for it
A)!to be taken seriously
B) To dissuade others from countering
C) Not to add to the embarrassment of their previous two attempts
The way I see it they can’t offer too high as they are answerable to their own shareholders but too low opens the door to other bidders ( which I think is likely) ….. my guess is that anything south of 60p could make them look very silly
Filter not folder.
Fort as I said, you and I are done mate. Either folder me or ignore my posts, but stop making an arse of yourself. Even the longest term holders who can't stand me know I'm invested here and have been since 2016. You just can't stand any comment that is not blindly positive and are a bit too fragile for the rough and tumble of a board like this or indeed the ups and downs of a share like this.
2Luke and schlemiel thanks for your responses. Cheers
GLA
DK
Agreed Damers looks like the traders and deal makers are making their way back into the office! Once the bank holiday is over expect fireworks here
A good day at the races folks.
We have........
Porvenir MRE 2 (in the next 6 weeks)
News regarding regional JV's
Moran drill update
Cascabel PFS addendum
+ I am sure some other tasty RNS's
......to look forward to before year end.
The futures bright.
I think Sean just suffers the ups and downs with this share like the rest of us.
Message to myself: don't forget to offload some next time they are in the high 30's.
"Perhaps something is stirring in the background after all"
Oh Sean.... here we go.... Sean bought a few shares today so the picture seems a little rosier.
What a joke.
I'd much rather see a modest rise every day than a spike, even a couple of % a day soon adds up to a hill of beans.
This may not seem like much of a rise but breaking free from the downward trend at this juncture bodesxwell. Perhaps something is stirring in the background after all.
Oh massive that’s not like u to leave us in the Lurch
Please enlighten us with your knowledge, u don’t want that troll badge to hang around ya neck
I'll leave you to your limited data.
Tsx opens at 2pm let's see if there's news