Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Interesting article. Where would BR sit within this? Apparently BR is the 4th or so largest find in recent years, so that’s a positive but it is from a standing start.
Would it be exciting enough for the bigger players?
I know we’re waiting on the model but surely these experienced companies would have a sense on the cost, time needed versus potential profitability. I wonder if it fits with their strategy?
Yes that is the link, that’s easy to find.
I guess my main question is whether or not that team is still in place? I wonder, if they’ve gone why etc etc.
Q2 results released next week or week after and the model updated and shared in September or early October.
Hopefully positive news on cash balance and financial upside on BR.
do you remember two years ago there was a good interview with vox. colin, jeremy reid, dr *****in hills, and a person in charge of the model. forgot his name.
are these people still with the company? were they paid in shares for a while.
i’m not sure…..i guess i would be surprised if they are still there . anyone know.
I got in the car today and straight away ‘the gambler’ was playing on the radio.
I’m looking forward to next Friday, hopefully I’ll be able to stay until the end and maybe go for a drink with some afterwards!
Mine seemed to hit late last week. Account with HL
Don’t worry we’re all at sea on this one! Couldn’t resist :)
Last year I had to leave early and am very keen to stick around afterwards this year, to catch up with others and their thinking. Perhaps dig deep to buy Colin a beer or two!
Thanks for the various replies. I’ll have a closer look.
All in all though, excellent performance on the pitch and financially. Hopefully this will re-rate towards a Berenberg price target over the coming weeks.
Morning all, great financial results today. Well done to the team!
On the WHT individuals in UK via Sipps or ISA would anyone knows if that would be exempt?
Out of interest are there other message boards or websites that people are using regularly for XTR and their research.
I use this as the main message board, follow copper price and news via bbg mainly. Occasionally look at advfn message board and of course, keep up to date on RNs etc.
Am I missing a great source of knowledge from somewhere?
Interesting article on Bloomberg today. I don’t think I can post the link.
It’s called ‘China shows the Lme there are still buyers for Russian metals’
Most of it is focusing on the low warehouse inventories of copper …”multi-year low”. Whilst spot prices and current inventories are not necessarily important for today for XTR, it is still positive. Demand for copper is growing and if there is a squeeze, the copper price will rise and that’s supportive for XTR.
I have no idea what price of copper they use for long term, but having a high spot price will sure help.
Thats almost what I mean. A zero probability from the market just seems low….too low.
Let’s see.
I understand that an explorer has risks and I’m happy with that.
What I’m not sure about and don’t understand is that the probability of a successful sale of BR appears close to zero according to the SP, assuming the revenue generation over the next few years supports the current SP.
Typically with various corp actions or pending events an asset price will have 10%, 25%, etc probability of the event taking place.
Why is the ‘assumed’ probability so low?
1. XTR is micro micro cap, so off radar for many investors?
2. Perhaps with expected revenues the supported SP is only 1p for example and not 3.25p
3. I’m missing something significant?
With many reasonable assumptions here on the potential value of Bushranger in recent weeks / months, and having drilled over 30k metres for validation.
I can’t work it out.
Haha. But it feels like it…..
Can’t wait to hear what’s in the ‘sweetie bag’ as Colin put it.
Patience required and plenty of it.
It’s been a dreary month for the market in general, so to perk things up I hope you can see this article from Bloomberg today titled ‘the great copper squeeze is coming for the global economy’
If not a simple Google search should bring it up.
A Great Copper Squeeze Is Coming for the Global Economy
Thanks. Within this note there is a reference
“The Kenmare 50 titanium ore market is priced at 480 US dollars/ton”
I’ve never heard of this. Is this a direct link to the company or just a similar name? Would you know?
On the funding query. I wonder to what extent they have discussed or possibly already using factoring facilities based on future income, particularly with income due soon, weeks rather than months.
I do agree with others. Once income is announced and expected on a regular monthly basis, that will put us on a firmer footing. He mentioned days…..someone suggested this as 10 days. I’ll take that.
Good long weekend all.
Good point on the 20 years by 20 mt, Col did allude to that. However higher grades are expected in the middle of the pit which is why they will carry out the infilling, which will give greater economic returns in the first 5-7 years of mining.
Some of the recent assays have not been great but again they were trying to close off ‘the pit’ so we shouldn’t expect them to be great.
Perhaps I’ve still got rose tinted glasses with respect to Racecourse, and that the cueq could still be 2MT and above.
What were the basic dimensions he gave 1.5km length, depth 600m, width I can’t recall I think 250m or 400’m. Seems massive to me.
I’m focusing on Racecourse here, but clearly ascot is very interesting and footrot …who knows. Great optionality here.
I had the same letter. Kenmare IR called me back and confirmed Div is still good, must be incorrect notification from HSBC. I called and awaiting response.
Thank you.
I have been following for a while. I guess my question was more to understand where it might be prioritised for the likes of AA or newcrest of who ever.
Ie, if open pit is relatively quick, it might put it up higher up their list of priorities. Because of the supply / demand imbalance, I’m thinking the miners will want quick wins from purchase to production. It’s in a good jurisdiction, tick. Location seems great, tick.
Does anyone know assuming an agreement is made, how long will it be before a BR / Ascot pit will be operational. And do we have an handle on what capex might be.
This is purely for my interest, but if relative to other projects it is quicker to become operational and not as expensive for the open pit, then that’s a significant positive?
I don’t know how this project matches up enabling to compare like for like.