Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Management need to go! This has been a car crash of a conpany and with the right team could do well! The whole Recyclus deal is shady when you dig into it to!
Listed at a silly valuation and management has been bleeding it and agreeing terrible commercial deals that is killing the company! TM1 and Recyclus are the same team but they want to line there pockets with the Recyclus merger but I am sure there will be many questions before its allowed.....
They need funds ... if they find nothing here thats it?! Where do they go?! I cant see parts arriving and clearing customs and rig fixed this side of Xmas. Also if it starts raining soon they wont drill to Jan....! To many unknowns atm with He1 ..! Shame but came down to the rig once more....lets see..!
They are burning so much cash! They need to raise going fwd hence the AGM moved fwd. This rig is incurring problem after problem. Mike and Lorna left site 3 weeks ago to!
Biggest concern is no free gas for me plus Tai was NO 1 target!!!
I can see both sides but dont think we drill till Janurary after a raise at 2p mark. They will be doing the rounds in the City end if December to ...watch this space!!
But no free flowing gas Joe?! This is the biggest issue and what is needed to get a commercial discovery. I think that is why we got hit hard today....!! They will need to raise again to. I still dont like moving from Tai and wish they would go back amd go deeper....
Agree! NO FREE GAS = NO Discovery! What a joke and now NO drilling till Jan earliest but it's wet season and they will need money. 60 staff onsite??!
Yes they been unlucky but Tai was the jewell not Itumbula!
I believe all is on track just taking it slow and being prudent with the hole looking good .Hopefully we hear of TD being reached soon and shows on way down to be wireline logged....i believe casing has been down on the way down to. Any positive helium shows and this flys as not many sellers left at these levels now.......