Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
If there is truth in the article then surely it would be appropriate to release an RNS.
As usual we are always the last to know.
Truth is NM is still in charge until he isn't and he has this time to try and get the best deal for himself and other share holders.
If he thought we were heading for increased dilution towards BHP and NCM getting 50%, as has been suggested by a few on here, then he has the means to stop this.
If he wanted to leave a legacy as an emerging major, then he will be equally as strong minded in trying to get the best deal he can.
Addicknt is correct in that many underestimated the result of the AGM, with regard to being able to do placings to sufficiently fund the exploration going forwards, it wasn't just about NM remaining control.
As a result he has to change stratgey and maybe this is why we have heard the news we have.
As such he should be working now to get the best deal he can either in a sale or JV.
The new board must disagree with that I guess.
It was in the article from Reuter’s.
Only the board can ask him to leave as it is so unless he has chosen to go, which is unlikely, then the new more Independent board must have decided his goals are not in the interest of share holders.
The aspirations of SOLG going this alone our probably coming to an end.
Majors taking stakes in our other projects or JV could be the way forwards to get SP moving in the right direction, look at GGP ad a great example.
Re
ManFromUruguay
Posts: 1,051
Price: 33.80
Strong Buy
RE: Monday morning 8am up or down?Today 14:06
“If Gervaise Heddle wants a new challenge then no one better at building relationships with majors and growing the share price exponentially at the same time whilst fast tracking projects from long term to immediate term. Win win win win win”
I’d be happy with that! Let’s face it, would be good for our SP, he has proved what he can do in that respect
That's the point Bozi, what did NCM do wrong? nothing is the answer.
Majors don't need and wont act in the interests of companies like ourselves, thats how it works.
This does not then mean they will get what they want for nothing, they will have to pay if they want full control.
and there is a great example Bozi, when have I ever said NM only has only contempt for pi's?
It's not black and white, hence the idea and concept of debate and peoples RIGHT to have opinions without abuse or insults.
The problem is one of immaturity, a lack of respect for other peoples views, a wider reflection of society today, narrow minded ness.
Its why Trump was elected and why Brexit happened.
People who don't like an opinion resort to insults and name calling, then when they respond you name the other and are surprised when things don't go your way. There is no grey area in your thinking.
You presume far too much about someone based on an opinion they may have, and its always derogatory.
The problem you have is those people, like me on here, are not going away, in fact the more you insult, the more they will stick around, defend their opinions and vote accordingly.
Bozi,
you're in denial, I'm not going to copy and paste the insulting abusive posts form you and copper pot.
If you don't know what you've written thats worrying for you.
Its a classic case of what goes on here, you hear something you dont agree with , then you give insults, when i respond to your insults you comment on my responses as being the cause.