Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
MMs dropped the price to allow big buyers to get a preferential price, obviously. /sarcasm
Starting to think that we've cracked a leak ;)
Brox there's an interesting note in the article you linked
Note:
The Company has not attempted to verify the historic mineral resource estimate and therefore readers should not place any reliance on the historical estimate.
What does that mean?
I may be wrong here but aren't you comparing a resource of 400,000 tonnes at 1.35% nickel with 305,000 tonnes nickel as per the following
Tier-1 scale Nickel deposit with JORC MRE containing: 305Kt Nickel, 143Kt Copper, and 57 tonnes PGM and Gold (11.2Moz of Platinum equivalent) estimated by Wardell Armstrong International (WAI) as JORC-compliant resources for a step room and pillar mining operation, with nickel comprising half of the value in the metal basket on a Net Smelter Royalty basis. Significant drilling campaigns (total of 75.6km) focussed on base metals exploration were undertaken by predecessors Norilsk and Rosgeo.
And? It was 80p two weeks ago after going to 150p. You're berating people here for 'mistakes' you've made yourself.
I don't understand what you gain by coming on here and trying to damage people's investments tbh.
So TF taking what you've said into account and using arbitrary dates. Pantheon dropped from 150p (approx 1.2B MCAP) to 83p in July. A loss of over 500m MCAP. That's not good is it?
Sounds ridiculous right?
TF I've only gone back two months of your post history but it appears you tipped Pantheon this morning after it had already risen?
Can some kind person please confirm what the meeting ID is? Thanks
Has anyone else noticed page 3, operational updates
"Continued interest in the Company’s assets from potential buyers with a focus on BRICS counterparties"
Counterparties = more than one?
Oh gosh I must sell everything now.
I received mine from HL half an hour ago, I chased them this morning via the messaging service.
It's moving on up. Small 7829 share buy for me this morning.
It seems to me that it's getting moved up because there's hardly any sellers at these levels (for today)
Morning All
I was reading through the annual report yesterday and I thought I'd share something that stood out to me about future production at WK, relating to the sustainability of the business.
2021 Highlights
• 1,350,000 cubic meters of overburden stripped (November 2020 to 31 October 2021) at the Kluchiki and Bolshaya Sosnovka sites
2022 Highlights in the year to date
· Stripping capacity increased to a current record of 300,000m3 per month (first achieved in March 2022
So I think this is significant because we can use these figures to roughly calculate that EUA are stripping in 2022 x2.66 times the amount of overburden in 2022 as in 2021.
This equated to £2,331,225 worth of sales, the companies overall loss for the year was £3,160,345.
It's not overly scientific due to grade etc but if the overburden stripped roughly correlates to the sales then we might expect £2,331,225 x 2.66 = £6,216,600 of sales next year.
£6,216,600 - £2,331,225-£3,160,345 = £725,030 gross profit next year.
For me this is why the board see WK as providing the working capital going forward to secure the business until MT is either sold, or we are forced to start mining failing that.
Roger is obviously Kira.
Monty you're easily the most desperate poster on this board.
Fair enough, it's just a shame that upto this point this work hasn't turned into an update of some sorts. I will call myself if there's still nothing this time next week.
@theofficecat how exactly do you know they are working flat out?
We're drowning in your salty tears Neil
I'm thinking there will be a dip in the morning as per last Monday, but if you wait for 14.8p youre never going to be an EUA shareholder