Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hi Major-Tom,
Respect for making a decision. On the eve of potential news, can I ask what prompted it now? I ask as an Ortac-Arc holder and in good faith.
Cheers,
GD
The extent of any ‘No Deal’ reaction would depend on whether ARCM decided it or AA. I have every faith there will be one though.
Haha Carling - I remember looking at the concept art way back and was looking forward to a mine cart ride. Glad now that those days are in the past!
Hi Slurms - they confirmed no more results are left to come in.
An exceptional CC. Funded to end of 2022 at which point CE plant generating cash flow.
As much aimed at Anglo as at PIs. You want it, you have to pay handsomely. Brilliant.
So, now over 1,000 trades today. After 10 long long years the engine is finally running!
https://www.**********.co.uk/articles/john-meyer-on-resource-companies-positively-exposed-to-the-ev-market-4d8db06/
Short reference to Arc as the first to go into production against those mentioned...more comments aimed at AA?
6m - name checked and 6:50 - quick production talk.
It won’t be in AA’s interest to keep drilling to prove it up further (if they like what they see). It also won’t be in Arc’s interest to keep drilling there with other targets needed to drill to get to season close. Let the negotiators to their thang.
Apart from the macro environment, the thing holding back the SP (if this is a concern) is lack of comms. Frustrating yes, but understandable too based on the agreement. We all want that little nod to say we made the right investment/trade. No doubt they’ve been light on communication, or what would be preferred, but the reason may be due to the very thing we’re after.
I personally have every faith NvS will deliver.
I agree. I also would have expected way more than 10 holes to have been drilled. I also expected drilling elsewhere at the same time as Fwiji. But we are where we are. They are working to a plan that we’re not privy to.
We know they had 3 done in July and were at 10 last week. Only 2 of the first 3 have come back. Lots of news pending.
Ahh ok, cheers. Was hoping the Indaba Twitter feed was going to update on all speakers, but sounds like they’ve skipped over NvS. I assume that the presentation will be released by Arc at some point then, hopefully for tomorrow.
Apologies if already answered, but what time was NvS due to speak today? Had it in my head about 16:30 so soon given the time difference?
Fabulous results and more to come.
Would be interested to know when the last hole was drilled at Fwiji. I thought the plan was to drill at least one other target contemporary to Fwiji, although soil assays may have delayed that move I guess. Still, what a great Friday!
Fair enough. Targets will be different for everyone. I personally believe we are way north of that. Whether it’s seen of course is subject to many variables. After my 9 year investment here, it has to be at least for my sanity haha.
No sarcasm intended, but you’d take 6p - after converting to GBP, factoring in our licence stake, and fully diluted? Even at $150m directly to Arc after factoring the above would be a poor outcome.
Yeah at COB on 4th November ready for the AGM on the 5th!
Immediate thoughts are that it’s warrants or a sell. Good buys today didn’t shift the price up. Siding with warrants though as we’ve seen similar trades but the price has kept at around 4p. Still feeling great about the future here.
I’m expecting refreshed ppm data.