Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Congratulations to KM for modifying this PFS and to DC for tuning it commercially.
A very pleasant result with achievable ambitions.
Mark my words the pfs addendum and or the dfs will throw in tandy as an open pit to further sweeten the main course .
This must surely now be front and centre a target for takeover at ENSA.
Congratulations Solg.
Z
How about a 41.5p opening price !
Let’s see the press all over this and analysts targets significantly raised
Well over looked over this a couple of times now and my initial thoughts are ….. Wow !!
Stonking good stuff, prime takeover material. What a summer we are going to have.
MassiveRay, what are your thoughts on today's RNS? Genuine question. Will you be buying in?
Why the feck would you want to sell when you have this monster in your hands? How much will it be worth in 10-20 yrs time when the price of copper soars. Solg shares could be north of £10 when this starts producing!
GLA.
Yes but presumably they will be paying tax.
$58.4 million cash at 31 December 2021
Wish we were at 40p close last night instead of the slow slide to 34p.
Might we hit 50p?
Could this count as SOLG's most important RNS ever?
gotta be close....
That's ON TOP of a potential $2,7billion to add for spot prices...Total pre tax NPV could be $9.7billion!!!!!!!!
One thing also very positive to mention is that we only use up a fraction of the resources to achieve all this amazing CF. Is incredible.
There will be a PFS "Addendum" well before the DFS that could deliver up to an extra $800 million with a further up to $1billion to come from the DFS, I.e. a total of $1.8billion more...
I read it as Company year...anyhow..
Porvenir study completed this quarter...
I said this last night.
The big boys had better cough up big time or there's no chance they'll be getting their hands on this lol
DFS in 2023. time for RIO...
RK, as far as I'm aware, January has never been in H2 of a calendar year!
Overall this is absolutely excellent news. Any residual worries that anyone had about it being non-economic can be binned. The narrative provided by the directors is genuinely exciting and this places us at the forefront of global mining developments. I won't deny it, I'm genuinely delighted and we can all breath a sigh of relief. We own something pretty damn important and it's time the market woke up to the fact.
We were hoping for DFS to be earlier but given the excellent RNS are the majors going to wait that long?
Well knowing SOLG, will probably drop in price to 32p No ?
The mine is expected to produce a clean copper-gold-silver concentrate, to be sold to Asian and European smelters as part of a project construction financing package.
So very disappointing .... : o ))
Says DFS H2 CY23 that could be as early as January...
add - apols, it takes me a while to get up and running these days. I'm sure SOLG suggested last year that the DFS was being prepared in tandem with the PFS, so yes, disappointing.
Did like this though - 'The mine is expected to produce a clean copper-gold-silver concentrate, to be sold to Asian and European smelters as part of a project construction financing package.'