Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"As revenue continues to grow, so can the Company. This is why we remain focussed on accelerating our Projects which are intended to create significant shareholder value and cash flow whilst providing the Georgian Government and society with greater energy security. Our plan is clear, the strategy is working, and the team is energised to execute operationally and strategically. As we enter our next drilling phase, the Company has never been in a more exciting position".
Yes Rocklawn , brilliant news gl all
Probably day/week traders taking money elsewhere until next result, unfortunately its standard across all shares , we all know this price is a joke and worth a hell lot more , hopefully more longterm holders invest here and will drive this share to its real value.
Probably day/week traders taking money elsewhere until next result, unfortunately its standard across all shares , we all know this price is a joke and worth a hell lot more , hopefully more longterm holders invest here and will drive this share to its real value.
my fav part...
The decision is based on the Company's improved financial position. Well WR-B01Za continues to produce naturally at an average rate of 274 boepd (247 bopd oil & 4,700 m3/d gas) without the need for artificial lift. The well result, combined with our continuing improved understanding of the reservoir gained by the calibration of our detailed geophysical studies, provides great confidence that further horizontal wells into the West Rustavi/Krtsanisi Middle Eocene reservoir will be successful and Project 1 achieved.