Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The next gold drill is Felix which is fully funded. No other drills are funded. We have money in the bank for ongoing costs for x months due to the warrants and cash in from the other business (£400k in Dec from memory). So what is the plan? Is it warrants or raise for a new drilling campaign or JV,sale of gold. As shareholdes we have a right to ask....We dont need an answer in March although that would be nice as we have capital for a while yet for a decision and annoucement to be made. As stated no money for additional drills. Personally I want us to offload the gold via JV or sale and firm up the battery metals at speed before JV or sale of that. Everyone at LND can then retire with a bumper payday.
Come on LND what’s the plan for this year? All we know so far is drilling starts Q2 at Flelix - what about the battery metals you tweak about everyday
Zero mention of a potential sale this year which is what we are all hoping otherwise it will be a long year of drilling and increasing the resource for a potential sale next year.
LND should be up with all the gold and battery metals we have...come on LND release the plan! You cancelled the pod cast so we assume news inbound...
26p to £1.88 is a bit of a jump.....conservative at under £1 for the gold and either JV or more drilling for the battery metals....lets see in the next week or so what the plan is
Show your hand.....are we up for sale,,,,,whats the plan for 2022? Cancelled pod cast suggests RNS news in bound? There has been no better time in the past 5 years to monitize this gold to progress the battery metals which are at record high prices....We could be worth £150-200million by year end.....gold alone worth £100m and £50m of battery metals progress is possible ...gives a 3 figure share price. LND cheer me up please as we seem to be coming to the end of COVID which is a big reason to cheer on its own
One more JV paperwork transfer needed to join forces with a billion dollar mining titan and we are currently valued at 9m.....huge re-rate coming here some time soon ish (minus wars, more COVID - usual exclusions apply)
Found gold and overall resource looks like it is higher that previously thought….great news for a Monday we just need the final JV license paperwork then it’s all systems go
Gold at 12 month high yesterday as it broke 1900….the time is ripe for explorers to become sellers of gold fields
Could be days away until the JV is agreed 100% and 1 million paid...come on the wait is killing us long suffering holders...
explorers explore and miners mine....we are not a mining company and hence we will be sold to a gold mining company. We hope the for sale sign goes up soon as we have billions in battery metals that need to be explored and firmed up before that is then sold to a battery metals mining company. LND is then no more unless we use that cash to fund more exploration elsewhere but by then we will have recieved hundreds of millions of cash for the gold and battery metals so why bother. Our job is done and ill be in the sun with my profits.
Looks like a great time to progress this JV and getting those drill bits turning….gold prices expected to stay high for next 2 years around the 1800 mark but some expect over 2000 this year before dropping back
Come on LND what’s the plan? Let’s confirm we are up for sale and get the money to get the battery metals ….would be an amazing 12 months or so
Here is the definition of what we are waiting for next. A poster said due in March what do people think? A preliminary economic assessment, sometimes abbreviated as PEA, is defined as a study that includes an economic analysis of the potential viability of a project's mineral
Gold price up, gold resource up by 50% to 1.5m Oz….share price down….we need Director purchases or the plan for 2022/23 as no mention of battery metals YET. Expecting this soon…ruined my Tuesday you lot by selling. Was expecting a price increase as that’s another 30p plus on the share price if and when we sell the gold side. Come on LND over to you!
Its a total of 2m oz we have (confirmed or likely) by Friday when news is expected to be released if not before.....a defining week for the company! Happy with anything above 1.3m to be honest
I thought that was the MRE RNS then...we have recieved over £140k since Dec from warrants on top of the £300k was it from the other company that owed us money! Thats more than enough to keep us going until a sale is concluded in my view (Felix drill already fully funded) and then we have the money to drill the metals...come on LND make my year - are we up for sale?????
What happened to MARL?
Im not expecting that much but an increase in MRE is highly likely. Cant see it getting to 2m percieved without drilling Felix for more data but on the other hand we have no idea what the latest drilling found.....either way cant wait to find out! Will be an exciting week next week
Suggests any bigger seller could be gone and that big sell on the 28th could be the last and into the 30s we go at Long last….gold price predicted to be $1950 by end of the year ! All looking good for heading back towards the year high in Feb