Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Hi, Tweenie @12.41
On para 2, you may be right that the major shareholders (Metal Tiger, Artemis, et al) knew about this before we did. But it's made no difference, for they've not sold. Volume has been so low for the last three months, that it's not possible for any large holding to have been unloaded. In other words, we've all taken the losses together.
Usernamedbut1
I was a little ray of sunshine before I invested here. I can just picture you dancing through the daffodils whilst the SP tanks.
Get me some of what you're smoking!
As much as the news wasn’t what we hoped for, there are some on here that can’t be pleased with anything.
So let’s get this naysaying day done.... this is the day when all the miserable grumps can have a party (legally) on here where they can celebrate the joys of genuinely frustrating news.
@paul..... no point with the likes beaub and bsg to challenge them. Probably born miserable and will pass away miserable
Might be related to my ex-wife, thinking about it, where nothing is ever good enough for her either.
PAUL1DEANO , he doesn't need to elaborate. You just need to watch the Thor videos , read the Thor RNS's and look at the share price graph.. You'll find all the answers there.
'Mechanical problems' just one of a very long list of tepid excuses in an attempt to mask the abject incompetence of this shower.
Since Nicole has taken over what has been the problem for you?
I felt prior to her appointment we had fingers in too many pies and we have disposed of Pilot Mountain. Yes the drilling results at Ragged Range have been undesirable but have been hit with mechanical problems. This will not be sorted overnight due to the situation down under, I think the supply of supermarket shelves and medic takes priority in the logistics supply chain.
I ask why are you invested here it is high risk - where exactly are Thor to blame, please elaborate?
It's the fact that the board knew this issue months ago and carried promising jam, and more jam tomorrow, telling everyone ohhh look, wait for ragged range we're DRILLING!!!
I'm sure they let their major shareholders know, but appear to have intentionally left Pi's to be shafted royally.
Nicole and the rest of the board, should be ashamed of this misdirection.
My money will be going elsewhere for the forseeable.
Going to take some actual stuff extracted to get me to put another penny in their pockets or a major discovery.
This could all have been avoided if they'd been upfront and honest re the delay and incomplete drilling MONTHS ago.
Shameful.
I used to hold here. Took a loss on the chin at .9!
Terrible bod. Look at LEX, similar news today but were proactive!
Sincere good luck guys. Hate to see fellow PI’s shafted!
Trek
It's early days in Thor's Ragged Range exploration programme.
No one promised an instant win on the 1st round of drilling!
Lithium and uranium will drive the share price higher.
No one cares about gold exploration these days...
BSG4
As much as I used to dis like your consistent negative take, I have to agree with you !! As an earlier poster printed, they need another MIL£ !! Another MIL£…
What will that be ? 0.30 ??
mechanical issues is an excuse - not good enough. Shares so low now i will hang on to them. At this price a possible buying opportunity! Will wait to see if the shares go any lower!
PAUL1DEANO
To blame Thor's lamentable performance on a few domestic problems in Australia is ridiculous. Thor were a shower before Covid and will no doubt continue to be until they've milked every penny they can out of this circus.
Deja Vu. "best ground yet to be tested"...maybe drill what is believed to be the best ground first next time?
It seems they have hit mechanical problems and have not been able to fix them due to the ongoing civil war down under. That is not enough truck drivers to make deliveries for various reasons.
I fear this is going to get a whole lot worse until the Government their change their stance towards all this mandated vaccine and mask wearing nonsense!
What a mess. This is like mick billing running it. Halfway performed in twice the time. Welcome to Australia. I say bring in the chinese. They have the will to get things done. Wake up Nicolole.
Some long term holders don't have much choice and have to keep putting up with Thor's games
The next placing will be very interesting. At what price!
Sell one of their best assets (PM) for a song-
Buy new assets with nothing there .
Fail to deliver anything of significance and on time
Cant make up their minds which commodity to chase ( lithirum now ?) While lagging the market cycle .
And before any body gets excited about Envirocopper they will need to Raise $3-5m to do feasibility / financing so Thr will need to cough up atleast $1m . Thats from the their mouth not mine
Plenty of scope for more fund raises and drilling to keep them busy and for gullable shareholders to pay for.
Every time mr p turns up the share price gets decimated
He's probably sold out again
Im hanging on for uranium permit news even then when/if it reaches my average I will be halving my position.
At what point are people going to realise the dire situation in Australia, there is a civil war going on.
Nothing is being delivered and nothing is getting done chance what the media show.
The truckers are on strike.
Atleast that ramper MisterPositive just got burnt.....again !
MisterPositive
RE: LithiumFri 00:31
Bought back here this week.
Looked like a good price. Been following recent announcements. Hopefully 2022 could be a turnaround year for THR finally.
I think you are slightly confused nookie... Why on earth would you want to 'clear' people away? That makes zero sense at all in my opinion
I dont think they are that smart... If they were, they would have managed the 'mechanical issues' rather than just sit there and delivery half the scope in twice the time...
Wishful thinking my friend...
I felt that it was written like this on purpose to clear a few people away. I wouldn’t be surprised if something good happens but I decided to top up on kdnc and mos so recovering faster than the Thr sp
Beaub11, totally agree, so much BS in this market. Its a total scam. And companies and 'directors' fleecing people every single day... 'Lot to look forward too' BS whilst they just take a salary and eat into my money whilst failing to deliver time after time. I am pi55ed at 'low grade' but that is kinda expected in this game. But only delivering 50% of the scope in double the time because of 'mechanical issues' is TOTALLY in their control. Oh I would love a chat with them all... They should be totally embarrassed... I actually think I could run this shower better then it is and has been... BS
It makes me feel sick... I would very much like to have a conversation with the 'board' this is totally unacceptable on a number of levels... What a complete joke...