Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
That makes 3 of us oldtim3r/halespur.
When you consider how far forward that one year of profit pushed the company, it's astounding we now sit at circa 19p whilst production is where it is - practically halving what we need the V price to reach for similar outcomes. I do appreciate there is more to it than that on a pricing/costs scenario but as mentioned by many, that is ignoring everything else the company has under it's belt.
V prices considerably up
V stock piles low
2021 guidance up 13 to 20% (and still likely being played down)
Investment in Afritin up
Investment in IES up
Enerox on the boil
Electrolyte plant being built
Mokopane bubbling
Vametco mini grid close
Eskom
...and yet Ian Watson flogs £160K worth of shares and the world's ending. Get real. I suspect Ian Watson is more annoyed than anyone.
And who knows what 7am tomorrow will bring.
https://www.miningweekly.com/article/eskom-could-launch-bidding-for-repurposing-and-repowering-of-komati-within-two-months-2021-02-16
'She [Eskom just energy transition office head Mandy Rambharos] stressed that Eskom would not be aiming to repower the stations with new sources of coal, noting that such a move would run contrary to the utility’s stated intention of transitioning to a net-zero utility by 2050.'
'For the Komati RFP, Eskom would most probably seek repowering proposals involving solar photovoltaic and battery energy storage technologies.'
As we end what has been a very difficult year for many and excitement clearly building around our good friend Bushveld, would this represent an opportune moment for an end of 2021 share price comp?
A year may seem like a long time, but when you consider the news flow that could come from BMN next year, I think time may fly. I certainly plan on still being around.
Could kick off the guesses in January, giving people the Christmas break to do some number crunching / consideration of all the revenue streams.
The funds raised last time were incredible, it would be quite something to get anywhere near that again, spreading the BMN love as far as possible.
I’m happy to keep a tally on guesses. I’ll message full details early Jan if people are interested - I’ll judge from the recommends.
Wishing everyone a very happy and healthy Christmas xx
Everybody knows it’s only £4.32 by Christmas Paul ;)
DiamondLover - I’m well aware of the historic BMN share price movements and the story of the co. thanks. I was here during the 1.3p days too.
I’ll personally be much happier when we get back to the pre-covid levels of circa 24p. We should never have been down here in the first place.
No need to apologise... I'm perfectly comfortable to agree to disagree.
Sept 9th - brgmg wrote - 'Underwater isn’t nice but you will get that money back'.
Sept 15th - brgmg wrote - 'as you're underwater'
But you're not claiming anything. Obviously.