Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The stars are aligning
I'd like to have one but I don't really want to sell any other investments to make up the rest of the money at the moment. I'm staying where I am for now
I've been collecting myself, I've got 36m TOM right now.
Not the usual double Dee's I enjoy but it'll do! :)
I would imagine no more news for 2-3 weeks. Should assume that after the heating equipment is added, they will run for a while before commenting on results
Couldn't agree with that more ohmetoe! It can't be long now until they have a 250/12h solution
Okay fair enough ohmetoe, my opinion is that Tom and Valkor are aligned very well hence the JV.
Ohmetoe you say that SB has not aligned himself with TOM like he did with PQE where he has 16m shares. That's not true really. Valkor and TOM are equality aligned being 50/50 on greenfield, I can imagine SB also wants to hedge his bets on PQE licensing out the process and taking a share of any royalties PQE recieved
I'd imagine that's true, the only way to prove that the upgrades have worked is to perform under similar temperatures. Let's check the weather forecast for Utah and compare.
But be realistic any operating facility could face unforeseen challenges. The Valkor team have understood a problem and thought of a potential solution quite quickly, I'm very hopeful it will work.
I was hoping to hear that 250 barrels a day we're coming out clean, but there is still a missing part of the puzzle to finish. Hopefully the final piece of the solution before committing to this potential site and finding financial backing.
I imagine we'll hear something by the end of next week.
Where are the talks of delay. Has any reliable source mentioned delay?
Gotta be patient, wouldn't want things to be ruined because they cranked up the speed too fast. For TOM the POSP is a learning experience, they must take their time and learn as much as possible before trying to build a bigger version.
Stock has run dry on the buy side
Quadrise are not delaying anything, they are just waiting for samples. This delay will not cause Quadrise to move on from Tom/PQE.
Too much emphasis has been put on the Quadrise MSAR product. Even without that Tom would have premium bunker fuel and sand. The Quadrise product is an additional bonus, but the potential business even without that is absolutely massive.
TOM will be making loads of money on sand! A 10k barrels of oil a day facility would produce 17k tonnes of sand a day. Over half of that sand is fracing sand worth $50-70 per tonne and the rest is construction sand worth $10-20. That's ~$300m of sand revenues per year from a biproduct.
That's great thanks for sharing Ors. Do you also know where I can find price data on frac and cemet sand?
Ors can you share a link about PQE registering for NASDAQ? How can that be possible with their SP, one of the listing conditions is a SP stable over $2.
Can someone share where to find prices for fracing and cement sand per tonne?
Those 6.4m shares sold we're me. I didn't bail, I just sold a portion and still have 35m+ shares. And i don't have any bad inside news, full of promise for the future on TOM! Once the process is proven shortly, Greenfield will easily be able to find corporate financing for the 10k facility. They just need the FEED and good POSP results to take as evidence to potential lenders.
I doubt it Maqsood, QFI have plenty of other things on the go. Still not completely out of the question