Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Thanks for the response Theosus. Unfortunately my knowledge / risk level of investing limits me to savings accounts, shares and funds! I guess this is what separates the wealthy investors from us mere mortals!
Is it quite feasible then that the reason for the award not being announced yet is due to a RHK/Italy OOC negotiation in progress? or, are they just finishing off totting up the additional costs recently submitted and amending the award documentation accordingly?
I would question if the UK was 'dependent' on food imports since it was producing 3/4 of it's grain needs. Add fishing, farming and what families grew themselves would suggest they could survive. I would expect food imports were done because they were either cheaper or luxury items.
I agree that we should be far more independent these days when it comes to food and fuel.
From the issued RNS following SL announcement.
"The previously announced Heads of Terms with Premier Oil and Navitas will expire on 30 September 2021 (unless extended by mutual consent before that date). If the Heads of Terms expire, Harbour will have an initial 90 days to elect how to proceed with their exit."
90 days takes us to the 29th December so it would be nice to hear some progress before everybody heads off on their Christmas breaks.
In my opinion, if nothing or very little comes from OM award (say return of costs) then a funding raise would be very difficult without a clear defined plan and partners signed up beforehand. How long could that take?
Seems like the only mention of oil in the FI candidate manifestos is for CBD oil!
https://en.mercopress.com/2021/10/20/falklands-election-manifestos-of-candidates-for-stanley-s-five-benches
Posted on the HBR board but more relevant here.https://www.msn.com/en-gb/news/uknews/government-says-energy-security-is-absolute-priority-amid-rising-gas-prices/ar-AAOzTEn?ocid=msedgdhp&pc=U531“While the UK continues to use oil and gas, we should make the most of the resources in our control while working for a low-carbon future.”Sounds like a good reason to get the Sea Lion project up and running asap.