Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
As wiser heads have said, MM's will be twanging their d-i-c-k-s over the SP - look at current spread of 8%. There will probably be a stop-loss attack as well. They want your shares to horde for the next bull run early next week, whereby they will start pushing the price north once the RNS drops, I'd be amazed if there wasn't a s-l-u-t drop prior to the RNS.
I understand that MMs can see when an RNS has been lodged for Release but they cannot see the RNS content until it's published - again wiser heads on here can advise better.
Good luck all - whatever happens, it's better to be kings for while then mice for a lifetime
News, yep they played with the touch to expand the spread to mask the fact it has hit a decent blue, they've made it look now it's on a knife edge of blue
The question to someone else regarding what type of Helium...?
Well just to assist, although there are nine known isotopes of helium only helium-3 and helium-4 are stable; ubiquitous helium-4 constitutes 99.999% of helium gas, and helium-3 is rare.
So, I'm going to go out on a limb ( ;oD ) and say it's helium-4
This HE1 is on the cusp of something big, Helium is worth more than gold and read this to know why:
https://www.innovationnewsnetwork.com/helium-shortage-4-0-what-caused-it-and-when-will-it-end/29255/
Russian Helium is never going to be the answer now.
Also Hydrogen:
https://issues.org/romm-hydrogen-clean-energy/#:~:text=Hydrogen%20is%20not%20a%20readily,intensive%20to%20extract%20and%20purify.
"Hydrogen is not a readily accessible energy source like coal or wind. It is bound up tightly in molecules such as water and natural gas, so it is expensive and energy-intensive to extract and purify."
This company and its work will have clearly caught the attention of big investors and big suppliers of these types of gas assets, and also State Actors trying to influence the share price - laugh you might but this is a potentially readily available gas resource.
Also, bear this point in mind: Tanzania is one of China's most important military partners in Africa. On an annual basis, Tanzania sends a significant amount of officers and NCOs to train in China:
https://en.wikipedia.org/wiki/China%E2%80%93Tanzania_relations#:~:text=Tanzania%20is%20one%20of%20China's,NCOs%20to%20train%20in%20China.
Potentially you have the US, China and a disenfranchised Russia wrestling for control or benefits from Helium and Hydrogen finds.
HE1 is on all the radars. If the surveys come good in the pending few days, this will quite literally go nuts before it is brought into control by some major state/industrial player. This will get bought out IMHO, the key thing, is at what price...?
Also, to the person that replied to say that the US has been selling it’s surplus Helium, this is incorrect. The US privatised it’s main US Federal Helium reserve in Texas due to mounting debts:
https://www.texasmonthly.com/news-politics/amarillo-federal-helium-reserve-auction/
It is still US Helium for US use and interestingly remedial work on the facilities may require shutting down the plant which will further increase shortages and our American cousins still want more Helium anyway.
So, the US wants more, the Chinese want in strategically (OK at a discount perhaps but they will still pay a good price if they want it) the EU would like a slice and the Russians want India and China to come to them to help pay for their war effort but India and China et al will want a source they can influence and control more, so perhaps the Russians could buy out to force the demand to them.
This is soooooooooo huge!!!
GLA
This HE1 is on the cusp of something big, Helium is worth more than gold and read this to know why:
https://www.innovationnewsnetwork.com/helium-shortage-4-0-what-caused-it-and-when-will-it-end/29255/
Russian Helium is never going to be the answer now.
Also Hydrogen:
https://issues.org/romm-hydrogen-clean-energy/#:~:text=Hydrogen%20is%20not%20a%20readily,intensive%20to%20extract%20and%20purify.
"Hydrogen is not a readily accessible energy source like coal or wind. It is bound up tightly in molecules such as water and natural gas, so it is expensive and energy-intensive to extract and purify."
This company and its work will have clearly caught the attention of big investors and big suppliers of these types of gas assets, and also State Actors trying to influence the share price - laugh you might but this is a potentially readily available gas resource.
Also, bear this point in mind: Tanzania is one of China's most important military partners in Africa. On an annual basis, Tanzania sends a significant amount of officers and NCOs to train in China:
https://en.wikipedia.org/wiki/China%E2%80%93Tanzania_relations#:~:text=Tanzania%20is%20one%20of%20China's,NCOs%20to%20train%20in%20China.
Potentially you have the US, China and a disenfranchised Russia wrestling for control or benefits from Helium and Hydrogen finds.
HE1 is on all the radars. If the surveys come good in the pending few days, this will quite literally go nuts before it is brought into control by some major state/industrial player. This will get bought out IMHO, the key thing, is at what price...?
GLA
Fair point LL. I jumped the gun a bit in my MM slating message yesterday. Easy to get twitchy when the SP is in the doldrums.
Craig: She actually says "highly promising" according to the transcript:
https://www.proactiveinvestors.co.uk/companies/news/1039400/helium-one-global-boss-reveals-reason-for-share-price-bounce-icymi-1039400.html
LB: "Absolutely, Stephen. We've made significant progress with Itumba West-1, reaching a depth of 961 meters, which includes delving 40 meters into the basement. This is beyond our initial target zones, and we're primarily focusing on the faults. The early indications are highly promising for us, and we're now preparing for detailed logging and essential well testing."
LL: My point (at the time of writing), was not around the volume of trades but related to the volume of recorded shares being bought being greater than the volume of shares sold (as we know it all evens up at the end of the day or within a few days anyhow). However, there have been more sells this afternoon and I guess an indication of why the SP is static.
In other shares a couple of buys tends to nudge the SP up, it was just an observation IMHO, but I should have waited till the end of day to make a comment not in the a.m.
Interesting MM antics
Https://en.wikipedia.org/wiki/Craig_Steven_Wright
Tells you all you need to know if you look at the legal findings against CSW
Just saying.... :)