Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
George needs to put the Unicorns back in the box, stop dragging his feet and get on with the job.! Where are the company plans, to move things forward? If we don't plan, then we plan to fail. All we have is pie-in-the-sky dreams of a JV once, AGAIN!!!!!!!!! Plans, Plans, Plans are what's needed George, they are fundermental to a business!
Do you not know that?
According to 'Charles Poitou: French National Centre for Scientific Research' it takes about two months to fully analyse 150 rock samples... Why is George taking to long? Is he afraid of publishing the results, because the 'Shareholders'will bolt......? What is he not telling? Why doesn't he send samples to another Lab for analysis and cancel the existing order....? Why is he delaying things, there must be reasons and I suspect the reasons are all, extreemly bad ones. Will George be brave enough to offer answer these questions himself and put the minds of owners of PREM, at ease ? I suspect NOT. Any answers will most likely be offered by those suffering from'Dunning-Krugrer Syndrome' , that post nonsense on this forum.
PREM, is like the Great British Summer, we hope the weather will be all blue skys and sunshine, so that we an sell lots of icecream! When all we get is rain and wind, to make us regret, not buying a fish & chip shop!! My remaining 25% holding is going to a chip shop!! So may 'Cod be with you' that remain invested, LOL! My view is this company will soon, nose dive and will be taking a lot of its loyal investors with it....
Profibags quite simply the market has no confidence in the ability of George Roach being able to get things to market. This is echoed by his past poor performance in meeting his promised undertakings to the company shareholders. His ability to deliver is the big question mark that's overhanging this company. His record of on time success to date, has been very, very poor and not what would be expected from a dedicated company CEO.
Chris1868, Battery technology is moving very fast.. Read the latest tech news and you will have an idea just how fast things are progressing.. The world is not waiting for PREM to deliver the goods, because the goods are required now! As far as PREM goes, 'Until the lithium flows, it's shareholders will continue to starve' and there's a strong likelihood, they will have little to gain, come the end.
Steward1, FYI In the absense of any legally binding agreement/s, or remuneration, 'advice' is an option for consideration only. Therefore it is none mandatory with regard to the need for taking action. Risks remain with the owner, as result, any action taken by you, remain with you and cannot be transfered or offset to others.
Sodium -Iron battery's will be available soon.. Lithium is difficult to mine and extract. Manganese is available to PREM, hence buy later. Sodium's abundance makes this material much cheaper than lithium. The element costs less to extract and purify compared to lithium. Sodium-ion battery cells can be manufactured with ample metals such as iron and manganese. Lithium-ion batteries on the other hand require cobalt, which is limited in reserve and distributed across the world in an uneven manner. Also, cobalt is highly expensive to obtain and comes as the most expensive part of EV batteries.
Sold £3ks worth of PREM and made £1.7k on GENDRIVE in 5 days, George would need to live for 2,000 years to make that sort of return for his shareholders!! My advice is 'Strong PREM Sell Now' and (maybe, maybe), buy back in 5 years time!!
I've taken the view that the best place for PREM is in the ground where it belongs! I sold 75% of my Holdings and put it in GENDRIVE, made 38% today. PREM is not going anywhere for the next 5 years as a minimum.
Unfortunately, it's very difficult to be positive about PREM when the leadership is so poor... The entire BODS are so far removed from reality, they are in danger of distroying everything that we have invested. All they have ever offered, is carrots on sticks for the 'Donkeys' and that my dear fellows, IS, YOU & ME!!!
Jayza, you are so inconsistant. One moment I'm a small investor, next I'm not invested. You are confused. Obviously so concerned about the losses from your investment that it's making you blindly aggressive. Why don't you follow your own advice? May be it will bring peace to your life...
Cerryburn, I agree with you. Typically mining takes 10 years, from prospecting to the 'First Dig'. lithium, processing will take 1 year to 18 months. So call it 12 years in total. That's the simple version.. Other issues include, but are not limited to: mining permits, mining equipment, transport, processing and processing capacity, tariffs, evolving environmental impacts, evolving market conditions, geopolitical situation and threats from scientific advancements relating to Electric Vehicle Power Storage, just to name a few. The absence of hard evidence from PREM, leaves little doubt, that our 'Dreams', will have to continue, unabated, for the foreseeable future.
Q. When WILL PREM Publish tangible evidence, to support their sizeble asset claims????
Adam , excluding the directors the only other major shareholder is L&G, they hold less than 10m shares with a value today of less than £20k. It's the 'irrelevant' small investors as you refer to them, that hold the lion share of this company. If they choose tell on masse the company would collapse. It matters not if you have 1 share or a 100m, you still have only 1 vote, there is no seniority on this deck!