Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Guys, you have to be realistic. Anybody across multiple industries know the delays being faced at present due to the multiple factors. If it's delayed by a week or two, so be it. The £billions of resources aren't going anywhere. If you're looking to make an immediate fast buck, AYM isn't the place for you based on previous experience... But if you're willing to hold, the potential growth is exponential!
I've been in AYM for almost 20 years now. In that time, nature has organically developed another couple of million tonnes of copper :)
Will it be cast online?
It's going to settle for a while in the absence of meaningful news. We all know this rockets when the wind is blowing in the right direction and the new leadership is clearly getting the foundations built for a stable development of the business on Parys and beyond. I'm still interested to know what/where the other areas they were looking at, as mentioned in some of the reports last year, they could be very interesting too... Time will tell!
Reading between the lines, I view this report as a promising account of the short to medium term plans and therefore production across one, if not all, the ownership sites.
No further mention of the other potential interests that were discussed previously. I wonder if they are still on the table or no progress yet? Probably enough to be getting on with on current holdings. The new CEO is definitely being lauded as the man to bring this whole project and company to fruition!
I was bought in to your potential motion Brent, however this appointment is definitely a game changer. No doubt there will now be movement on all fronts given the new bosses network of connections across EMEA and global markets. Exciting times ahead!
Not Bill out, still involved as Deputy Chair. Don't think this is a bad thing either as the existing BOD all have vital knowledge of the various sites and industry in general. Look forward to seeing what JB will bring to the table...
This is half way towards the news we've all been waiting for!
As all us LTHs continue to remind the noobs, AYM isn’t on AIM…
What effect will that mean to the share price?
But they don't draw a wage if you check the accounts...
*£500mil. It’s getting late ??
Errrr, 10% would be £5bn, not £5mil...
You’re obviously a new investor. LTHs aren’t swayed by slow paced developments...
Thanks for quoting me SW... I was merely taking the bottom half at face value, which the directors deal page of this website did also. I can only go with whats in black and white so apologies for inferring more from that.
As others also state, I don't see any issue in the BOD playing with their options. I don't believe it will have any longterm affect on the share price and I certainly don't believe there is a fire sale given the hot embers in the fire at AYMs global locations.
I saw your reply Tommy. However, it clearly states that one director has sold the 500k shares he bought in March, yet the others have more or less doubled their stakes. I did read it originally as wholesale selling, but items 2, 3, 4, clearly mention acquisition of shares and growth of holding.
Moneysscarce, that document on the AYM website clarifies. Yes, one director (JK) sells, but the other three acquired shares (Bill, Danesh, Howard).
RNS was/is misleading...
Looks like all except John Kearney have significantly (volume wise anyway) added to their holdings. JK has sold his 500k, but that's obviously his own personal choice to exercise at this time. Maybe he's bought a second hand Transit to convert to a camper for the summer and needs a couple of quid to kit it out, apparently everybody's at it... :)
The others have all effectively doubled their positions. I think this is something that bodes well...
Thats my reading too, I would think there is a fair chance a new broom might be imminent. However, imminence and AYM rarely go hand in hand. Perhaps there will be moves soon and the incumbent BOD are removing personal holdings to align with new buyer requirements/requests? The holdings are/were small and none of the board have ever had massive share volume. I think most of the LTH among us have as many.
Lol postie. Was it a leek because they are in Wales?