Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
ATM went off over 6 years ago ,... it has yet to make any real money and has had both investment and a whole load more coming.
Like many, I was pretty disappointed at the dilution we got in shares, but FM and mini-me were dreaming of energy rainbows and positioning as an integrated energy provider. remember that Belco plans were changed and scaled to meet the expected BESS requirements that were largely going to be paid out of free World Bank money. They cosied up to Cyril but totally underestimated how weak he was.
CC was an is right to focus on mining first ... but lets not delude ourselves there could have been the resources to keep and expand ATM. There were not and given that ATM (tin price spike aside) is a year+ from really making any money and that would be over 7 years.
Mining is hard !
From Ryan .... should have a positive effect in time on US steel making
Biden to announce new duties on steel and aluminum from China
ON APRIL 17, 2024 BY ALANPATRICKRYAN
President Biden is expected to announce today that he will triple some tariffs on certain imports of steel and aluminum from China. The product tariffs, which are now 7.5%, would increase to 25%; these items were not initially included in the Trump 25% duty. He also wants to work with Mexico to block Chinese steel from coming through Mexico. Other Chinese products will also be subject to higher duties.
Biden’s announcements will be made at a USW convention; the union is pressuring the Administration to take action. The effect of the new duties, however, could result in higher prices—and inflation. However, Chinese imports are an easy target.
No TB .. you didn't ... I just laughed privately with some other folk about your dim figures and what you missed, assumed and frankly made up ... but each to their own .. and no .. I won't be sharing ...
Keep up the entertainment though ... I am so depressed ... its all failing ... we are doomed ...
In the end .. we are past a certain point .. either CC has done enough and it flies .. or everyone looses their shirts .. go sell .. hold .. just stop whining about it
You say nothing new .... it has been clear to even those with only 5 brain cells that the situation is poor and requires Vanadium pricing to rise .... you are just a broken record
I can only hope that I am able to free up some investments early enough to buy in (earlier than planned)... the drop seems based on asset valuation changes in property from the little I read... but the income is not just 80%+ (and arguably higher) guaranteed, but index linked and partly incremental on supermarket profits ... which just went through the roof.
Not sure I see a lot of risk here if just wanting income, or to re-invest the dividend.... please don't recover just yet !!
Which is I guess why CC has rather stated clearly that he is not interested in it .. focus and concentrate on mining
But hey ... you keep adding value ... red crayon next time
And this is a buried link banging on about how Elon is worried sh&tless (yeah right)
.. https://secure2.angelpub.com/o/web/697521?_gl=1%2a1upky29%2a_ga%2aMTUwMjM5MDE0MC4xNzEzMTk2OTEw%2a_ga_EC9PKLT0JS%2aMTcxMzE5NjkwOS4xLjAuMTcxMzE5NjkwOS42MC4wLjA.
Yup ... lots of factors... and the west's general economic malaise is not helping.... no sign yet of an economic boom again. Needs a lot of infrastructure growth to drive it
Or a few big flow battery orders needing electrolyte .... cannot see Belco being anything but shut down at the current rate
Good .... what would it take ....
Arguably the range of Costs are around $26.5-28
A BMN attributable production out of 5,000mtv of 75% of that (half of Vanchem will ultimately be SPR's) gives circa 3,750mtv
An av sale range of $40-$45 gives a margin range of $45m-$70m
A PE range of 6-10 (historically low in mining) gives a target price range of 8.0p - 20.5p (less when you take any other/royalty costs off)
As Craig said in a previous IM, at $40+ the company literally prints money
So yes... so long as there is enough cashflow to keep going until Vanadium pricing rises substantially again ... every change of 14p and more