Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Funding held in 'escrow' ie subject to all conditions being met... And we don't know what they are! Could be Grosvenor want to see/help secure the further 2.5millionneeded to light the blue touch paper. Meanwhile the share price is subject to the usual vageries and drifting.
Why did they say the new shares would be issued on 10th now 30th.?
What is required to release the money on 30th?
Why did they hold back the simple rsn until the market had closed?
What is missing?
Never straightforward with this company?
Could we please see the fat lady sing.....
Just energy transition partnership in SA have a 6.3bn package unveiled. Escom will retire up to 12 gigawatts of dirty coal, re-employ workforce and switch to renewable. We can track green electricity as Escom was one of the dirtiest polluter in the world. Hope Iron crow about it in due course.
Froth gone... Price stable and let's face it we now need to sit in until further funding news at some future point assuming agm delivers as intended. After 11 years just hoping this is a shoe in for the next 12 months.
And one we have been trying to fathom out for years.... Still none the wiser. We just get very poor and sometime non existant communication. I can't see this changing in the current climate. Even the humble pie I keep in the freezer is now well out of date... Its 12 years old!
In December used and time is ticking. August is usually a dead month and by September they will have to consider the process to raise more cash unless that supposed deal is in place...... Starting to look bleak. Over to you Fortitude.