Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I was a day early. Well at least it raised the price a bit ha ha !
Nicole Galloway Warland, Managing Director of Thor Energy, commented:
"The Directors are delighted that this Stage 1 Commitment milestone has been met and are excited to move to the next phase of the HoA, working with IVR to complete all JV documentation.
"The Molyhil/Bonya Earn-in and the JV allow Thor to retain an equity interest in the prospective Molyhil tenements with reduced operational risk. Thor benefits from exploration upside on the Tenements and receives considerations in the form of cash and IVR shares.
"The Molyhil divestment and Bonya sale support the Company's focus on its priority US uranium assets, where we see the most significant and nearest-term value potential for Thor's shareholders."
I'll never again buy an aim share. Greedy companies take the money and every now and then throw out a bone basically to put investors off the scent that their company is in fact down the toilet.
Stop drilling and save money if that share price performance is the best I'm going to get from my investment over the last 3 years. This was one share I kept when I dumped all my AIM stocks several years ago (I have no regrets on doing that)
This share is a total joke, worse days work investing in this crock of sewer,
Schhhhhhhhh. Anyone have a feel for when an update on anything is due? I don't believe from a quick read through there are any "firm" dates but surely something due soonish eh huh ? SP continues to drift on very light volume. GLA LTSH (long term suffering holders) !
Wow that was a good decision wasn't if? I'm actually in profit in my ISA, admittedly it is only one Share but nice to see still
I sold my Shares this morning and bought them back into my ISA. At least I'm able to claim quite a large loss on my Tax Return, but are these Shares ever going to recover my losses? I hoping so but I'm not too confident
This stock look like high value if a few person or any stockbroker to care permanently about low price and chart is painting down. Share price is keep on low level if watch order book in my opinion. That look very interesting
Give me some of this,
'This has provided the Company with a refined targeted strategy, focusing future drilling '
' negative drill results that led to major explorers leaving the area.'
and then we get this little beauty, pure drilling porn
'Next Steps:
1. Drill preparations and drilling'
So the jury is still out whether we have a feasible mine or just engaged in titillating Geology?
' With the newly gained understanding of the geological and structural setting, targeting criteria for primary copper and oxide mineralisation were developed providing excellent opportunities for the discovery of new copper and REE mineralisation, which may have been missed by previous explorers.'
If 14% down (so far) today, 24% down on the month, 57% down on the year, 86% down over 5 years and 99.95% down since it's inception in 2019 is your idea of 'doing OK' then I'll have what your're huffing.
Bsg - just about every AIM share is a 'dog' as you say beacause few are making any dealing profit. For a highly speculative 'penny dreadful' I reckon its doing OK if if you don't
'Comprehensive Income
The comprehensive income statement records a comprehensive loss of £2,043,000 (2022: £126,000 loss) after taking into account unrealised exchange gain of £250,000 (2022: £118,000 loss). The loss for the period ended 31 December 2023 also included a £1,907,000 non-cash write down of the carrying value of the Group's Ragged Range Project located in the Pilbara Region of Australia. The write down reflects the Group's decision to focus its available resources on its US Uranium and Alford East projects (refer to Note 3 of the financial statements).'
Does Orion still post on here, I remember him saying he helped Mick Billing stake some land in the Pilbara.
Https://www.mining.com/web/uranium-firms-revive-forgotten-mines-as-price-of-nuclear-fuel-soars/
Encouraging and very detailed and technical RNS.
Nicole Galloway Warland, Managing Director of Thor Energy, commented:
"The high-grade uranium (up to 0.6%) and vanadium (1.8%) assay results confirm the high-grade nature of the Saltwash style sandstone uranium systems, within the prolific Uravan Mineral Belt. The assay results also confirm the presence of wide intervals of high-grade uranium mineralisation within a halo of vanadium mineralisation.
"Whilst these 100% owned projects are uranium assets, the 10:1 vanadium-to-uranium confirms the rich vanadium endowment.
"This drilling program stepped out from the 2022 drill program, with drilling around the Groundhog and Rim Rock mines confirming mineralisation remains open along strike from historic workings.
"Preparations are now underway for a larger RC program and diamond drilling at Groundhog and Rim Rock prospects, chasing high-grade mineralisation along strike, as well as infill drilling for Resource definition."
Your not the only one. I dumped nearly all my AIM stocks a couple of years ago and have no regrets that I did, but I held onto this one. I have not lost hope yet lol
Its going to take a few years yet and I just want to get out at my entry price.
'Im no expert in reading uranium drill results but it seems very underwhelming.
There was a lot of activity on X keeping us updated but nothing seems apparent recently.
I very rarely even look at this Share anymore, but I do have Shares. So, what's happening with the Company? Is there any hope of me getting my money back? I would be very interested to hear what people think. Thank you
Did we ever get to the bottom of those results in Pilbara that were a bit iffy, did someone suggest salting?
In that someone has bought this dog?