Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Because if you’re gonna get to Production phase of this low cost Test ; you better have end to end care support and treatment in place. All takes time. Ciz in the best place with the Yanks. If you have a potentially Global product that is. So I remain hopeful and patient.
Techton. I’ve just wrote a 2 paragraph explanation re Global Trade routes and relationships and effective treatment and infrastructure. Browser refreshed and got deleted !! It looks like the Americans in control of this and therefore they will dictate the pace upon what speed of progress is made.
All takes time.
If you or anyone else thinks we get to production in next RNS / then we would have to have a Production Start Date / would we not ?
We will know if the Americans need more time re end to end care because they will extend the Clinical trials just to be sure of course. All imo. Let’s see …
If you produce this Test cheaply (That is the goal), then you’re gonna have to have a Bigger plan to deliver effective treatment.
These are just my views. Nothing more. Can read ‘em like a book.
If anyone thinks there will be a production start date in next RNS / then put your name down. Goodluck. That would be quite a bold prediction considering everything we know or think we know so far..
I am saying Radio Silence is good. No pump and dump here. I am also saying the next RNS won’t deliver the end game or indeed any concrete pathway to production (That’s what we want). Now / What is the one thing required in this situation ?
Answer : Patience.
One thing is certain imo Oapk. Whatever is in the RNS will leave more Questions than Answers. Timelines and Potential will be vague. Alan is not going to Sell the Potential Progress to anyone apart from those whom are Significant Shareholders. The SS will know more than what the RNS reveals and we will be left mulling over what has been revealed. And don’t get me wrong / usually when the CEO is Selling the Benefits to the insignificant Private Investor / you know there could be a problem (Pump and Dump). Radio Silence is just fine by me. He’s revealing as little as possible imo.
I have a bit to say on Ciz but will hold off until FEB/March as do not want to tempt fate. I will at the time refer back to this Post to see if my Positive belief held up. So I shall say Q2 will or can show significant step change. GLA to all holders.
Buy Price today 2.69.
A Billion Barrels and they never drilled 1 producing Well. Lied many times over about how much money they were spending desperately trying to keep production going. The cornerstone of the con. Put the Focus on current production to return to 2020 levels (When Art was probably releasing the excess Stock Tank oil from previous Months to give false impression it was an inclining field) , meanwhile all the way they and Ryder Scott knew the “Biggest oil find” in decades was full of problems re extraction.
The BOD clearly deceived re the Companies Financial situation.
“Fully funded into Q1”. No I don’t think so.. Forgot to account for the break in financial covenants from said Senior Lender. CFO remains silent.
New Owner will have brand new infrastructure though. Nice one..
Also ; I firmly believe and have for some time that Art had the field on full tilt but was holding back the numbers and banking them in later months to give the impression that the field was inclining. There’s no way those numbers could have increased / only for the new GGS to fail spectacularly to show any incline. And they lied about that also / promising to declare forward guidance. Bullxxxx.