Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Penoles came down and kissed the 14 day average before finding support, if we do the same then we could see circa 540-550 this week.
Wet season is Q3 , yanfolila is expected to be steady and predictable (I'll believe that when I see it).. I think taking 75k and dividing it by 4 is a pretty safe bet
HOC have a hedge at 2100 if I recall too and peak capex is still Infront of them.
We need that commercial production rns and this will fly, won't be long now, drill and blasting has recommenced.
Gold investor, you're clueless beyond parody, filtered for being thick.
If you haven't already seen it, some good posts about another new contractor at Kor.
Get on linkedin....loads of clues on there
Me to anon, just took 45k for 6.5
HZM was a pump and dump with no production and borrowed against equity. No comparable in the slightest.
Only an absolute clueless moron would think so
Straight AIM.
It's a poop and scoop, if cash flow was a problem group capex would have been the first to get squeezed and it hasn't yet.
Potential yes but since Corica walked KEUG continues with tunneling waste now being removed, a second TSF at Kor is being built and as far as we know exploration at both Yanfolila and Kouroussa is unaffected.
You know it so well you didn't even know Dan was on record with the collar or how it worked. 🤣🤣🤡
No idea who you're replying to Charlee but it looks like a fortuitous decision to have green boxed them at some point.
I will add though as it not entirely free, the upper cost collar is effectively the cost. 10 million USD in fact if pog maintains this price for another 6 months.
But you are right there's zero costs for this type of contract as it's essentially a binary bet between the buy side and the sell side.
Pedro's joined the clown list,not interested in clueless rampers or clueless dreamers, here to make money only.
Grow up Pedro, you're embarrassing yourself.
Playboy, how the cost collar works has been made very public, plus I understand how price collars and futures work too. Just because you're uninformed and guessing don't presume everyone else is.
You can have this one for free....HUM receive the price of gold when the price of gold is trading between the collar.
If pog falls below the lower collar then they receive that lower collar price ( this is the hedge) if the price of gold exceeds the collar they receive the upper collar price only.
It's called a 'floating' collar for a reason 🤣🤣👍
Ps no offence taken, I never get offended by people who don't know any better.
Down 13% in a week.
Need news now, pog isn't good enough on it's own to go higher from here
So what are you crying about then?
And yet down it goes Pedro... Why not wait until we see if we get 55p or not before we decide who has no clue? 🤣🤣
Need to watch the 90 day average price, which for Q1 was only 2070, well within the collar and probably still too early to start thinking the current pog is the new normal.
Hippo, please accept my apologies I didn't realise you was mentally incapacitated.
Another perpetual loser filtered... Anymore clowns want to out themselves ?
The problem with this company is the bod have always lied about the status of the company, finances grades and actual gold. Everyone thought that they might have just taken their eyes off the ball previously, learned their lessons and turned it around. However we appear to be in a situation where a major global player has looked through the window and then turned away.
You really have to ask that if the pay grades where really there and In the quantities being shouted about then why did Vale walk away from a 5 million loss when they could have converted it to 75% of the project?