Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Strap in Aliens...
Fundamentals aside, the weekly chart on this one...
GLA DYOR.
Another 2 million gone through.
100% allwinnerspaid, our patience will be rewarded handsomely:)
I believe your right napth as UFO is not a one trick pony as we are continually bringing our projects up the value curve and anyone selling up entirely after a few pennies will be massively cutting themselves short therefore, a long term approach should be considered.
I believe this because within 6 months or potentially much earlier we will have:
•A full MRE for han**** minimum 30-40Mt and a plan to monetise this resource (JV or standalone DSO operation)
•A JV for Elizabeth hill /Munni Munni
•Commencement of maiden drilling campaign at Brockman
•Also one for Donovan 2 likely.
As for for san celso and los campos they may be much further down the line.
30 mill mcap could well be 150 to 300 and this can be justified by consistent results which we have been achieving so far.
Chris2, I'm interested in the SP because I am a shareholder and I believe it's incredibly undervalued.
But you still haven't answered my questions?
1. What interest do you have in UFO?
2. What price are you going to buy back in at?
Yes chris2 shows up And ask inreases to .9 lol
Still no life or friends chris lol
Back over 1p would be good for a start
Why on earth should that bother you Max111 if you are a long term holder?
You have 3 more years of this yet. lol.
Now a 2M buy showing whilst I still can't get quotes to buy 1M shares. Someone definitely loading up. Looking good :)
I think that person has been busy loading up this morning! lol.
I can now see x2 1M buys and x2 1/2M buys (all whilst I've been getting NT to buy 1M shares all morning).
Did we lose some posts from yesterday? I’d reckon someone has been given a little ban. Interestingly, The Abhorrent One hasn’t posted for a good while so I suspect that our good work got rid of him ;).
Keep the faith!
Dickie you remind me of the investors that sold out of ggp at 3p and it flew to 38p. Your theiry does always play out
this is the little old explorer is about to turn into something very special, ignore the trolls and the subtle and obvious derapmers, treey really have no life and must be very miserable.
good luck all true ALIENS :)
Lastly, I would like to say what a F****** bargain we have here!!
Agreed...it takes s lot of convincing for over cautious investors to part eith their money. Strange thing is....the BIG money often comes in early, while many won't invest until the company proves up the resources. By which time the early investors are taking huge profits.
The shrewd early investors often can be out with a profit in case bad news drops. While the late arrivals just get bitten.
WHO DARES.....WINS
"Fenix Resources (ASX: FEX) may be small but has a significant advantage over most other iron ore producers.
Fenix produces high grade ore which attracts a premium above the already inflated benchmark price. A glimpse of what grade means in iron ore was contained in Fenix’s June quarter production report released earlier this week in which the company said it shipped 281,000 tonnes of ore, at an operating margin of A$127 a tonne.
When added to Fenix’s first shipments earlier this year, the June quarter exports from its Iron Ridge mine in the Mid-West of WA, mean the business has sold 500,600t of 62.5% ore in four-and-a-half months to generate a handy $66 million in cash.
Though it has a modest resource of just 10.5Mt of ore, Iron Ridge will have a short but profitable life with its cash funding work on expansion options such as the Ulysses deposit and Iron Ridge Extended"
Sounds familiar right?
We have so far we have a maiden Inferred iron ore Resource in excess of 10Mt at 60.4% Fe
and still with 75% left to explore.
And now we are working with Mining Plus....
Bill is following the blueprint and spending our capital efficiently to increase our resource which he intends to be completed within the next 6 months.
In the meantime, we may need a raise which I will be more than happy with as it will fast track us to commence our stand-alone DSO operation.
Bill really meant it when he said he hopes to become a mid-tier one day which to me seems increasingly realistic.
Lastly, I would like to say what a F****** bargain we have here!!
Thats is a very hood point metalhead and im sure that bill is working behind the scenes on a standalone operation as we steadily increase our resource
Hi all
Apologies if it has been posted before but here is a nice Kitco piece about the silver price: https://www.kitco.com/news/2021-09-24/Silver-price-to-hit-high-ranges-of-triple-digits-Not-enough-on-planet-to-meet-demands-Neumeyer.html
Re the underwhelming market response to the Han**** JORC, my theory is that the likelihood of a good resource here has been known for a while and that what is needed to get the market to attribute more value to it is a specific plan to monetise it. If we can show that we not just could but actually will make a lot money from it then we’ll be off to the races. This is why the planning work for a small standalone DSO operation is so important.
Things are going well, it’s just a case of patience required