Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I highly recommend speaking to the CFO as you suggest Velo. Woodbois today is a totally different animal to what it was prior to new management which came in to turn the co around in 2016. Also, in my experience, the CEO has always been more than happy to speak to anyone interested in the company.
https://www.thearmchairtrader.com/woodbois-share-price-surge/
Texas is one of the world leaders in bitcoin mining using otherwise flared gas. Pretty hot there. Water can be used for cooling where btc miners have a preference for gas fields near lakes. Wonder where Tlou would find some water?
A crypto mining partnership is an absolute no-brainer. These miners are crying out to tap in to clean energy sources that are being otherwise wasted (flared) so they can play the ESG card and we get another revenue stream, regardless of what the bitcoin price does. They install their mining rigs, which are container size and scale easily, and I imagine they will be responsible for any any costs to get up and running. We just supply the gas. Which we have a bit of. But hopefully we will do a deal where we get a percentage of profits too where we see the upside from any bitcoin price runs. Furthermore it could put us on the radar of a whole new realm of investors who want exposure to the crypto industry. All good.
I ask because in my experience anytime there is an option to extend it is usually taken, so I was was wondering if there was any more detail around this option such as would Anglo have to pay Arc a fee (such as a non-refundable deposit) to extend again because otherwise it could be a costly waste of our time..?
This is something else to flog to more investors in the energy space, not just the government. The give away is in the opening sentence... "In ADDITION to a standalone Gas-to-Power project, a power solution combining solar with Tlou’s existing gas is proposed".
Pretty smart actually.
I think finance should come quick.
2 reasons. The first is government contracts are the best guarantees you can have and in this climate I reckon financiers are going to want to lock this in.
The second.... Botswana desperately needs power.
*correction - 2,000,000+ shares