Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hopefully rips through 5p as we've waited a decade for this.....
Brombarb, for a guy whose been around this share for a little while what's your considered expectation over the next few weeks? Thanks
And then for the real news:
Argo Blockchain plc (LSE: ARB; Nasdaq: ARBK), a global leader in cryptocurrency mining, is pleased to announce that it has entered into an agreement for the sale of its data center located in Mirabel, Quebec (the "Mirabel Facility") for total consideration of $6.1 million (the "Transaction"). All references to $ are to USD, being derived from the Canadian dollar amounts at an exchange rate of 0.74.
The Mirabel Facility has five megawatts of electrical capacity, implying a $1.2 million per megawatt sales price for the Transaction. The net proceeds from the Transaction are expected to first repay the Mirabel Facility's outstanding mortgage in full, with the remainder expected to be used to repay debt owed to Galaxy Digital Holdings, Ltd. ("Galaxy") (TSX: GLXY).
The Transaction is expected to strengthen Argo's balance sheet, reducing outstanding debt by $5.4 million. The Galaxy debt balance as of 29 February 2024, with pro forma adjustments for the Transaction and subsequent debt repayment, is $14.0 million, a 60% reduction from the original Galaxy debt balance of $35.0 million.
Hate to say it as clearly it's hopium.. this share held back in Nov 2020 whilst all around it flew then suddenly towards the end of the month it woke-up and continued north at a rapid rate until the downtrend 2 months later. I'd luckily been loading since late October and at the time struggled to understand WTF was going on. !00% won't be loading up this time but perhaps we are one again just trailing our US peers..?
GLALTH
KR1 or GLXY.. I’m holding a fair chunk of both since 2020 and feel Galaxy will perform better over the coming cycle, I’d be interested in your opinion..
Try Interactive Investor VincentT
AURR, CEO David Keene on radio 5’s Wake Up To Money this morning
Just wondering if anyone has spotted any news updates or is anything due?
I've had a good luck round the web and nought I can see!
Still a sheeeet show regardless of listing!
Better and safer out there, recoup your losses as best you can and move on!
Back in again at 0.25 on close .. with thanks to the market-makers
GLA
Just tried a couple of sell orders which failed :-c
I’m wondering if they could default on the Galaxy debt and end up being absorbed by Galaxy. Not sure that would be good for PI’s
GLALTH
Give me 12.5p, time has arrived after 2½ years to double up and average down! It’ll give me options but I’ll probably stick it out till the halving.
GLALTH
6th June @ 3pm
Happy enough with the presentation and not sure I could at this time expect more from the board.
Fingers crossed (all) for good news.. It's been exhausting!
GLA-LTH
Anyone looked at the German opening price equivalent today?
GLA-LTH
November, December 2020 all over again..
Fingers crossed it lasts!
GLA-LTH
Hi Bowlers. Try Interactive-Brokers, bit of a ball ache to register but once completed they seem okay to deal with. Saying that I haven't used them for about 4 years which is when I gave up on OTC/SPAC's..
GLA-LTH