Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Most investors have remained patient, but its natural for some to want access to their money, or just 'want to know', it is human nature after all. Everybody's circumstances are different - but this share has extraordinary potential compared to its market valuation. There aren't many gems like this that come around and I personally think we're all lucky to be a part of this story.
Yes the shares are suspended - the situation has moved on from the tweet (and it could be argued in hindsight that favoured us tremendously). Yes we are waiting on some news, and we have been patient for months now.. and yes it will take longer. It would be wonderful to get the news we all hope for tomorrow, but these things do take time.
Smart investors can benchmark our assets against previous deals and see the magnitude of sale we are dealing with. Some well calculated examples include;
1. GH's post earlier today [= divided by 2.8B shares is 68p per share], for NAP benchmark.
2. Alternatively, for some more in depth calculations we can refer to GMF78's research notes and reports, which estimate a take over price of ~77.5, with a longer ~5/6year target of £3-5+ with expansion and mining ourselves
https://www.powerof78.com/wp-content/uploads/2020/06/Eurasia-Mining_v4.pdf
3. The conservative ACF report ( estimating 54.8 – 60.6p at the time)
https://acfequityresearch.com/wp-content/uploads/2020/02/Eurasia-Mining-Plc-MA-Valuation-FINAL-ACF-03022020.pdf
With detailed calculations and estimations, using resources from EUA and Anglo drilling, as well as Russian state cadastre sources, to show a 'conservative' calculation of potential transactions.
So we know roughly the size of the deals. We know Iain and his expertise have come on (M&A execution team!) and we know there's a silence from the company. It's not unheard of for companies to go silent until... *NEWS*, & quite a lot of signs are pointing to a great flow of positive info coming our way. With all the news expected, we're all really looking forward to it. Timeframes can be a fickle thing and I think the company have done well to share what they are able to. I am fully confident they will give us news that will make us smile back at these times, and although the latter half of 2020 commences from sometime this week until NYE, I have a feeling we wont be waiting much longer.
Mac gives a great post today outlying the M&A process and suggested it sounds like we are at stage 8: "Purchase & Sale contract*"
(*Purchase and Sale contract - Assuming due diligence is completed with no major problems or concerns arising, the next step forward is executing a final contract for sale; the parties make a final decision on the type of purchase agreement, whether it is to be an asset purchase or share purchase)
https://corporatefinanceinstitute.com/resources/knowledge/deals/mergers-acquisitions-ma-process/
All the stars are aligned & I think our time is soon :)
Almost there.. :)
Welcome back Alex,
Not sure what happened, I’m guessing a botfly had you reported. I’m glad you’ve opted to filter that account that keeps posting nonsense.
Speaking of which:
ethioEthio: “ You need to take a step back and check your actions.”
No, Alex does not. He’s provided excellent research and information. He’s gone above and beyond and defends his investment against those who wish ill upon it and its investors. Which is more than can be said for EthioEthio, who has been rude and disruptive. With constant incessant complaints, negativity and nothing of value to add. No different to the likes of other users who I will not mention.
So maybe check yourself, Ethio, before trying to attack a dedicated, decent and smart investor. At least he appreciates his investment and has shown patience, which is more than can be said for yourself.
Again, welcome back A1ex. Please continue your excellent and resourceful posts. We appreciate it greatly
A prime example of a non-invested flea is "TheCrash2020"
Brand new account and a shorter - who opens an account and tries to put off investors in multiple stocks? Check their posting history - negative nancy on everything. Watch this fly in the afternoon
Brand new accounts preaching prayers about "rampers" lol look at the volume. Doubt a few PI's on twitter is causing this.
Hold on to shares, take profit, re-add/accumilate on dips. Heed not the "it's going downnn" derampers. Of course nothing goes up in a straight line, and if it's too much to watch check back in at 4pm and see whats going on - guarantee we'll be far beyond 0.34
Tree shake. Hard to buy anything and easy to sell everything. Don’t sell at these ridiculous levels, remember they raised it beyond 0.50p this morning, and it already has insane volume.
Some of the deramping accounts trying to mug you off stock, don’t listen to them. Take profits when you can and buy the sh** out of the dip!
Extremely undervalued even here.
Strong re-rate coming up
Rampers are back. Zengah what happened to 10p? You disappeared for a few days. back to 10 posts a day about 'pennies to pounds' lol. This is going places though, great potential. Interview with Guy was excellent.
Build up to Friday and Monday should be fun.
Post from ADVFN;
“Company have confirmed partnerships have been agreed and RNS should be released next week.”
If correct then news will be sooner than previously thought. Good news
Someone report this cloud. The green boxes are just getting annoying now.
The trial of the app was successful - rolled out WITHIN weeks. And news to follow shortly
And some words from our CEO, and the managing director of NPH:
Guy Meyer, Interim Chief Executive Officer of Catenae, said: "We are really pleased that NPH has completed the proof of concept in the Company's Cov-ID Project. The scope of the pilot trial was ambitiously expanded midway through to include the one-way validation usage on top of the initial two-way validation usage objective. Some minor graphic design refinements, based on NPH's feedback, will be completed within the next three weeks and then the Cov-ID app will be ready to be rolled out commercially across the UK and beyond to the benefit of businesses and organisations alike as the nations of the world begin to return to a semblance of normality.
I look forward to updating the market with further progress shortly."
Mark Philpott, Managing Director of Newcastle Premier Health Limited said: "We are pleased that the Cov-ID app performed well as part of our 'Controlled Access and Testing Programme', a carefully structured 'return to work pathway', which will give our business clients and their employees the reassurance they need when entering the workplace."
Donatron and Sean,
Some very informative posts today, and reinfoced my decision to buy in. Thank you very much!
Best of luck holders,
Dear Ian,
Please can you put me down for Thursday 25th June, for the next RNS.
I too have some cooled Laurent-Perriere calling out my name. Will have to wait for the next week or two ;)
All the best,
Bought more at 0.40
What a steal. Easy buy and hold for a few weeks.
Same with “inthegame”
Both filtered
Bargain prices:
+ 46k per day capacity for the ELISA test we have taken from Mologic
+ with the consortium, Omega will be able to produce 100,000 tests per week; then increasing to 200,000 tests per week
+ Global sales - we can and will sell the ELISA test Globally
+ the consortium are still working on a commercial agreement and will advise when complete.
+ UK Government are likely to consume all the Consortium capacity (certainly initially)
+ The consortium test is a self test and the Government now working out how they will distribute this test
Lots of juicy information to come. Lots of strong fundamentals. And I, for one, am proud to be invested in this company as this test is extremely important to the UK & the world.
Thank you, Ian. With so many of these accounts it is very hard to distinguish and I appreciate that heads up. I have adjusted accordingly :)
I don’t use the site much anymore, it is already a struggle finding informative posts at times due to some of the posts (I dare not repeat any account names; but I am sure you are aware!) therefore I can be trigger happy with the filter button.
I certainly hope you’re keeping well, months ago you had an eye operation if I’m not mistaken? Glad you seem to be making a good recovery.
Enjoy the positive day, Eurasia are back tweeting again. Hints are being dropped about West Kytlim - and the silence around Monchetundra points towards it being/almost being sold. If that’s the case, the BoD will be at or close to the value of MT and we can expect to be extremely happy with whatever outcome. The West Kytlim fleet upgrade and plans look very promising for EUA’s short-medium term plans. All the best!
Sincere apologies Hallster, no personal offence. I tend to filter people who have replies to deramping posts in the past. No disrespect to your intentions and have removed you from the list
Good morning,
Interesting comments earlier regarding the future of West Kytlim post a MT sale. Excellence’s post from ADVFN is right in saying MT’s value by far dwarfs WK. It is known that Monchetundra is the company maker, & the directors have not hidden the fact that they would like a fair value - which, as a tier 1 asset, it will likely fetch. It has also been alluded to that lots of ground work on West Kytlim is to commence, so judging by the RNS’s the focus seems to be on primarily a MT sale, and then moving on to WK.
Of course, there’s always a possibility for a full company sale. It cannot be ruled out, but let’s assume MT is sold and EUA are left with WK.
An asset sale, for example, of 78p for Monchetundra would probably see the sp rerate to thereabouts. 75-77p until the shareholders vote and the dividend date has passed.
It is possible that we’d see 0.5-1p, a sharp drop on open. But, as LondonTown rightly mentioned, at 78p/£1.. Doesn’t matter much.
But is there a way shareholders can use this to their advantage?
*What did we know about West Kytlim?*
- EUA started drilling as a JV with Anglo many years ago
- Extensive exploration drilling has been carried out
- Taken into production (rare for a junior miner)
- Expanded production licence from 20km^2 to >100-150km^2
- WK is the largest global producer of this “soft rock” open pit mine. No blasting is required: just straight excavate the rock)
- Contractor issue resolved: parted ways w/ difficult to enjoy 100% WK. (important as it explains why we had 66kg of production. When previous years saw closer to 66% above target reached. I know some posters love to say WK isn’t producing - it’s not Tricky - it’s all in the RNS. The issues with contractors are were the root of a large problem, which the team have resolved after 4 years of learning the hard way.)
- Therefore, post our PILOT production & industrial production days we enjoy 100% margins. WK is in a stable & reliable position now.
*What do have Eurasia Mining got planned for WK?*
- The RNS’s have hinted to further expansion.
- Further to 26th November’s RNS (& recent general update) we are now to enjoy; new Hitachi ZX330LC-5G & Hitachi ZX300LC-5A excavator, 30t Chetra T15 bulldozer, 4 Kamaz 20t ore haulage trucks, fuel truck.
https://www.lse.co.uk/rns/EUA/general-update-cxkrj8bql7vbtxf.html
- FEASIBILITY STUDY FOR WHOLE OF WK: without further drilling, allows to upgrade all resources to mineable categories within a single FS
- AIM: accelerate the development of multiple sites in parallel, which significantly increase production volumes
- ADJACENT: The Tipil license area achieved approval at all federal agencies & awaits a formal issue
WK has massive potential & looks like the next in line to be beefed up and sold for max value. Opening at a “low” SP provides a great top up opportunity to load shares for WK (& VOLCHETUNDRA) sales. VT has high grades PGM, & could be MT part 2..
Absolutely BRILLIANT post El Ferrito
Take care
Thought I’d repost this as it raises some valid points earlier in the week. Quite a number of new posters claiming to want balanced arguments, uncertain of their motives, but am certain it’s EUA* not EAU. Curious.
A lot of bashing of the BoD and vague suggestions which aren’t fact. I prefer to stick to RNS’s, and reserve judgement until we hear more news from the company.
POST by GMF:
“Nice to see the debate between genuine investors such as Joey, Ian, PP and several others against the increasingly one dimensional deramping bot flies.
I don’t post as much as I should maybe, but I do spend time talking to other investors, actual conversations with significant shareholders and the occasional fund manager.
- If we come out of suspension with a deal agreed, that’s great, we know the profit we will all make. We know how much the shorters will lose.
- if we come out of suspension without a deal, there is significant firepower waiting to buy any shares that come up for sale. They started before and will continue. As news drops the price should rise nicely.
So all the antics on LSE are of little consequence to the bigger picture. Those invested have plenty to be looking forward to. Those with a negative slant have plenty to worry about.
I’ll take a nomad RNS before 29th, flanks when they land, bidding commences, offers arrive.
Going to be a nice summer, as with most things, timing is everything.”