Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I fully expected us to be 40p busting today. Maybe the market is awaiting the AGM voting, but these sort of prospects on top of Alpala, Porvenir etc should see a re-rating soon. Keep the faith. This little beauty is going to rocket one day.
I've checked the wording versus Polo and its different but can we trust Tang? With Polo they were to find a replacement Nomad. With GCM, they are already in DD with the replacement Nomad. So it seems better but the sell trades suggest nervousness
It's like being back in a primary school playground.
Posts over the years can be highly misleading but to constantly drag back who said what and then fire off insults back and forth isn't what this BB should be about.
Please stop
On the other hand, all required techno-economic studies on Phulabri has been completed. I heard that there is no technical issue for mining at Phulbari. But rehabilitation, environmental and social impacts management are the challenges. But these are not insurmountable. I think for agitations of a section of civil society, the government is not taking decision. It is now a political decision when to start mining at Phulbari.
If you want another sob story about this share (and Polo), then this is my truth. 9 years ago I persuaded my partner to sell her house and based on the prospect of the £10 party within 4 or 5 months max, 'we' invested her equity here and Polo and based on our total holding in both, if the green light had come back in 2010, then I would sell my house and we would buy a larger one together. She has been renting ever since and we are no longer planning to live together. Her kids are now young adults and the chance of a life together hasn't happened. I only post this as we are still clinging on hope us LTH's. I have done quite nicely on some other investments but all the hype at the time said this had to happen, and it didn't. This is as big a gamble as there is. Green light or we stay at 10p until either we have a repeat of the delisting Polo has suffered, or they run out of cash. But if the green light does happen, this time next year Rodney, ..........
Non-exec directors will have a service contract the same as fully employed ones. It's not just a consultancy and I for one am very impressed with the 3 new guys and their relevant and lengthy experience. They will be paid a much lower remuneration than full time ones, but their wealth of experience is available whenever needed
Optimus, of course any signed agreements such as this would need to, but the preliminary part of such deals can most certainly be agreed in principle etc. If something along these lines isn't going to be done, what are Newcrests options going forwards? I believe they are block caving specialists but we cannot get a handle on BHP's strategy and ignore the prospects of NCM as well
And I think the share price being as low as it was would have resulted in any deal being based on a multiple of the share price at a day post 15th October. So, very hypothetically, if on 15th October the sp is 50p, then they might have struck a deal which says NCM sell to BHP their 14% stake for 2.5 times the sp of 50p.
Very speculative I know, but I don't see 2 majors being JV partners in Solgolds mines