Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Fulmar
Get your facts right
My name is dani.
I posted as bauhouse then russiangirl until KILL got all my threads deleted.
Then I was mabaker and for reasons I wish not to disclose Igot all my threads deleted
I am now cruELLA
I am here to fish for information from a few respected posters. That's what I do to join dots up.
If I'm ruining your existence then I admit it is very CRUEL of me
Get over it
Fulmar:
1: He will throw our money at it as a smokescreen for inactivity eleswhere and then declare it a "uneconomical" as he has done many times before, I don't the Zambian government is the gullible party here.
2: She's bonkers.
Hopefully this will become a trading share soon so I'll be out on the spike and back in when it falls back.
Jez, there are just 2 questions here
1.Will Colin's companies keep all the licenses that this mickey mouse XTR manoeuvre is designed to help .Are the Zambian government the fools that he is playing them for ?
2.Why does his chief cheerleader need so many aliases and even talk to herself sometimes? CruElla/Ella10/MaBaker/Dani/Sharestar and the list is literally endless-it all seems a bit too manufactured and desperate-
I hope it reaches your exit point Jez, but sometimes "a birdie in the hand "etc.
Dear DREW
Even just saying you think BR will be sold when POC is higher implies you think it's not financiallyviable at current POC or lower.
I will continue to pick up on your posts for the benefit of your audience
ZAP
KAKUYU you wrote
♦️They mentioned some production from Kakuyu that could add to Q2. Some decent in pit ultra high grades of 15-25% Cu evident they may have targeted to draw some initial income from, to get the ball rolling.♦️
Wow! Any idea of tonnage put through?
Can then calculate rough income
It just gets better
CruELLA
Oh I get it.
Licences of AFP are next to KIW mine bought by FQM
Could it be that licenses acquired by XTR once drilled are then joined up with AFP licenses and the sold to FQM to expand their KIW mine?
Just been reading up on CooperLemon mining consultancy Lusaka Zambia.
📍so they brokered the deal between Anglo and Arc minerals
📍customers include Rio tinto galileo Jubilee Metals
📍their expertise includes geology projects legal and compliance.
A good allrounder I would say.
Not sure if they make a profit Fuller!!!
I like this news and I agree with Howezap that the company is an exploration one and we have to grow the business. I would feel better though if there was a new JORC for Bushranger and a good quality update on Kankyun. Otherwise the fear many LTH have is that this is just another 'Don't look over there, look over here ! ' venture.
fulmar, this board has been taken over by idiots, bots, self confessed drug addicts and company stooges.
i predicted two weeks ago this would happen so i hope the spike is big enough to finally give cb the boot from my portfolio.
meanwhile the newest member is waffling on about her own little clique of followers who have a total of about fifty quid invested.
what a **** show colin, i hope you're proud owd lad.
Oh Dear Dani, a JV with a non profit making organization already involved in CB' s other facades, - all above board isn't it ? or a bit desperate ?
Yeah, fair one on me being a hypocrite Andrew.
With your many followers though, it could just mean that there are many more that maybe don’t quite fully understand what they have bought into, or are onboard with the growth strategy of the company of which i might add is clear as night and day, written n black and white in various news releases as well as on the main company website header page. So if the company didn’t per-sue further opportunities or the next big thing, then shareholders would then have something to complain about or criticise surely. That is the crux of why I feel the need to challenge others opinions on this particular matter anyway.
I hope you would agree that without any challenges to provide rhyme or reason behind others opinions expressed and we all just had our say without that interaction makes for a very dull discussion board. ( in general that is )
Sorry to waffle on folk
Up the Bushrangers!
"All your posts are suggesting BR will never be sold."
FFS. I've never said or implied that and said many times I think BR will be sold at a higher POC.
Dani (or whatever you are calling your self). I've assumed you were a little eccentric or just a wind up, but it appears you are just trolling this board for a reaction.
Finally filtered ! (It took me long enough)
DREW.
It's nearly dusk. At dusk I turn into
Princess of DARKNESS...
All your posts are suggesting BR will never be sold.
If BR was dead duck do you think Kjeld Thygessen would still be NED . Two years zero pay so far.
.
I know that real investors ONLY read these forums and never comment in fear of being ridiculed. I thought by getting them in a private forum things would be different.
The only thing different is that they no longer have FEAR by reading all these negative posts and BELIEVING what they read
They still message me privately with questions so I think it's a school thing SCARED TO ASK Q
QUESTIONS something I never had a problem with
HZ
I think you are being a tad emotional and hypocritical when you say I was making a "personal attack " on you.
It wasnt a personal attack, just my view based on your comments over the years. From looking at the number of thumbs up my post got, many seem to agree with me :)
No more of a personal attack than your view that I am being "narrow minded" or your comment about me throwing my "rattle out of my pram"
with respect though.....
Howezap. You have appraised the situation here spot on in that the issue is some people are absolutely not onboard with the strategy being implemented by the board. Thanks to the vision and hard work of Colin and his team, value is being created for the benefit of shareholders. Thankfully there is a shift in shares held away from the moaning minnies and into the safe hands of those who understand the company.
Fairbride development ‘is’ their primary focus and priority. He told us that. But agree on it is prob not enough for him which is why I prefer to look at the bigger picture of the potential of the company now.
I only press you as can guarantee a good debate Andrew.
I wasn’t suggesting you wanted to sell out ‘now’ just in general as you don’t appear to be onside with the ‘growth strategy’ of the exploration/ production mining company we are all invested in.
And then comes the personal attack before you throw your rattle out your pram again, rather than challenge any of my own views in a constructive debate.
With respect though
Re post 1558hrs nicely put!
"What is wrong with bowing out eventually leaving a company that could theoretically expand exponentially under its growth strategy"
Nothing wrong with that. A very sensible approach. But I dont think that's what CB wants because if it was he would IMHO just focus on FB expansion. That could be his legacy, and a good one, but that doesnt seem to be enough for him. That's my point !
"Just wondering if you are not serious about the longevity and growth of the company anymore and are just wanting out now?"
With respect HZ that's just typical of your response to any view which doesnt conform to the "sunlit uplands" view. Why would I want to leave just before the Q2 results are coming out which I have already said I think will be very good and should see the sp nearer 3p than 2p.
I didnt say this was a bad deal but my view was that I think the FB income could have been used in a better way. Not an overly damming comment and I also acknowledged that this deal may work out. Added to my previous view a month ago, of good Q2 results soon and an sp above 2p then, it is rather a strange conclusion to come to that I "want out".
You seem to treat this investment like a football fan supports his favourite team. Always supporting the team irrespective of the results and showing unwavering loyalty and fiercely protective against any slight criticism.
I'd rather take a more analytical and less emotional approach to my investments !
Dani>>I wonder if dear C🎯l will use empress to part fund XTR capex share in exchange for a royalty?
Alexandra sherron has previously confirmed Empress have a debt facility in place to further advance projects in their stable if needed.
Andrew>> Then again, if I was nearly 80 and knew I only had another few years left in this game to hit the big one, then I'd probably do what CB has just done.
You seem to be focused on CB wanting to hit the next jackpot out of desperation to leave a last big sale on his legacy Andrew.
That’s a very narrow minded view imho. What is wrong with bowing out eventually leaving a company that could theoretically expand exponentially under its growth strategy and management structure to a company with a worth of far in excess of where it currently sits and in a financially strong position. As he did with Jubilee!
Could well see xtract as a mid cap in 5-10 years with some successes,but only if these projects can be snapped up now while these license holders and project owners are not in a strong financial position to advance them without huge dilution at present and cannot afford to wait it out for 18 months or so. That is where xtract come in if can acquire now before there is more limited choice and value.
You know the ratios of success and failure are the same across all exploration projects and not just Colin bird companies right?
Just wondering if you are not serious about the longevity and growth of the company anymore and are just wanting out now?
're funding of sulphide plant at Manica.
I wonder if dear C🎯l will use empress to part fund XTR capex share in exchange for a royalty?
Ok DREW.
KAKUYU is in the same area as these two licenses and if I am right it's already producing income which if before end H1 will be reported in H1 RESULTS or from 1st July then in a trading statement.
This is an area of HIGH grade copper. If they are using same team to drill as KAKUYU then this derisks project massively.
I think the difference between other deals is
XTR ACQUIRED LAND FROM OWNERS.
NOW they cut landowners into profit share of project.
This is how dear C🎯l creates value for shareholders ✅
Its high risk as we may spend $2m and get nothing for it. Just like the previous other similar ventures. CB's track record on these "lets have punt" projects is poor.
I'm not saying we can't do both projects (FB and exploration) , but focusing on the less risky project first would be my preferred option. Well, until income was higher.
Then again, if I was nearly 80 and knew I only had another few years left in this game to hit the big one, then I'd probably do what CB has just done.
After all, its not his own money he's gambling with :)
DREW
CruELLA here.
Please explain to the audience why today's deal is HIGH risk.
With the income being generated there is no reason why dear C🎯l can't invest in sulphide plant to get 50% profit share and drill prospects in ZAMBIA to perhaps sell onto First Quantum??
"I left the AGM with the understanding that XTR could elect not to contribute to the sulphide plant and then we would continue to get 23% "
Correct James
IMHO I would prefer we put all our money in that less risky option first. I'm not saying this new venture is a terrible idea but I think there are better risk / reward options ie FB upgrade
As I say, maybe this time CB gets lucky but many past ventures like this have not ended well. I just get the impression CB knows he's running out of time before he makes the next big discovery so will be buying more lottery tickets in his last few years to end on a big win.
All this is golng to interest a few more new investers with a lots of optimism and something different to mull over while we await new son BR. Etc. Cheered me up loads anyway! THANKS EVERYONE FOR ALL INPUT.