Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Was a nice touch to be honest, sneaking a section in a dull RNS about an appointment. There was no reason to sneak that in, he could have just released the update as planned. Clearly sticking it in there as pre-news is a good thing, maybe him hinting to top up while we can before the boom :-)
It's obvious - Can't produce anything without the transfer - Not much else to report, we already know the bridge and road is complete from Twitter. Probably some drilling results from the extension drilling too, but the big news will be the transfer. 1p incoming next week
Like I said leematt, your a bit thick, if you can’t understand the difference between 0.5 per day, and 0.5 million
For clarity, that’s 500’000 as a minimum, half a million cubic feet per day, worth 800 to 900 million a year if the resource is big enough
So at 0.5 million MMSbcf per day, that produces about 14 million litres of helium, at a conservative price of $20 per litre, that's 28 million per day x 365
Not rocket science is it, yet some plums are talking about jerry cans....lol
You mean this one? That everyone with L2 can see straight away - try and keep up, rather than on 15 minute delay
16:40:38 0.349 630,840 2,202 UT
16:39:32 0.35 5,000,000 17.50k O
16:30:03 0.3336 2,000,000 6,672 O
16:29:40 0.345 15,213 52.48 O
16:29:40 0.345 1,084 3.74 O
16:29:40 0.345 14,500 50.03 O
16:29:31 0.36 6,075 21.87 O
DC is likely spot on with this, there are about 40 sensors that are on the go at one time on something this size - Sounds silly, but just one being out affects flow and timing. One being out can mis-calculate weight and volume, so either over or under feeding the mill
So in effect he's not saying it's not working, he's saying it's not running smoothly, but still producing, and when a couple of gremlins are sorted out, it will be running at optimum capacity - What's not to like - It's actually a reassuring e=RNS