Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I was very sceptical until I did some research as I am invested in XRP but everything is aligning here the UK governments will to lead in this space carnt go overlooked and I’m exspecting this to be ground breaking.
Decided to buy in as I feel the wind is behind them for getting approved ,the UK is a pioneer in bringing technologies mainstream and I agree this could me massive and have first mover advantages and Ripple will be watching how this pans out I would imagine and waiting in the wings to possibly partner with them if everything goes well .
The presentation on YouTube showed the operations but I wasn’t impressed with the machinery in fact my cousin has better machinery than these and considering it’s a public company thought it looked a very amateur set up why are they not leasing suitable heavy machinery if they cannot afford to purchase it looked a bit of a joke really
I completely agree this has great prospects but I feel a fund raise at around 2 p is on the cards and looking at Colins track record we know he likes raising money through dilutions.
If they are producing so much gold with excellent grades why do they need financial support and why are Banks not falling over themselves to give them financial help
With interest rates riseing wouldn’t it make sense to fund your own operations from working cash flow .
Definitely worth a punt at 1 p although this is a real gamble and trust is the big issue here they have been drilling for 18 months now and still no real discovery has been made just very poor grades of silver and other metals.
Trying to put a spin that these grades are not to bad
Is insulting to investors these are crap with a capital C
What I don’t understand is why would you put out sush a shocking RNS with grades so low and more importantly no indication that they have gold you would almost think they want to drive the price down with this statement.
Doubt these grades are commercial and no gold
Mentioned
You need to read up on Ripples ODL technology
CBDC,s will utilise Ripple net and ODL that’s why the Bank of England is partnering with Ripple no other company has an on demand liquidity technology and banks control payment flows through them haveing money parked up all around the world , Ripple eliminates this allowing Banks to bring all these funds back home this is we’re the XRP token is used
Your preferred currency is converted into XRP that travels through Ripples ledger instantly with no risk to currency fluctuations and is delivered instantly were ever in the world you send it and Banks cannot compete with this technology which is why they are adopting Ripples ODL and XRP provides the liquidity through its blockchain technology and ISO 20022 will be the new standard and it all goes through Ripple .