Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
No need to raise capital at a discount?
Well there was no need to discount when SD did the primary bid at 14.5p.....but then did to let the Aussie's in at 8p?
So yes he probably will discount,weakness
Desert trader,Forrest/Wyloo can take the 70% easily,then low ball ,starve out GGP,to get the lot,then ipo to repeat fmg success,why do you think the bod has been increased with 'his' people?Why use the private company to 'invest' here?The money put in is nothing if he scoops the whole show
Oh dear,Hopeless gold,missed your insignificant comment last night,but seeing as you made the effort,I thank you for your concern,but fortunately that was chump change,if you need to look that up, seemingly all you do,fancy having nothing better than look through posting history, honestly laughing out loud this time of the morning...it's easy done,for the chump bit,you just look in the mirror,there's a good little boy,or girl hth
Well seeing as it's widely reported,as often as you Fud,I believe that's the contemporary term stirrers continue to post stuff that's blatantly not happening,goes both ways,fill this board with pog thread after thread and where are we? Verge of 5p going down....
Northern star and second biggest Aussie gold miner Evolution both states no interest a number of times,
Newmont,northern star, evolution...aren't excited,and they actually have the money to develop Havieron
Guess Andrew Forrest might be getting excited if he can pinch it for Wyloo n ipo
Comparison,how about some absolute dog poo...that's up 240% ytd,compared to GGP??????
Shaun is silent, because he's so far out of his depth
It's more than annoying,a constantly drifting sp lower gives no confidence to larger investors,no buzz about GGP anymore,why would asx listing be any better,SD belongs in the shallow end with water wings,well out of his depth
Or
Got blindsided by Ncm not taking a farm in percentage at the earliest possible opportunity as previously
Forced to heavily discount the sp, putting it in the current range in desperation to get Aussie's in
Opened the company up to associates of a man/company that can easily starve GGP out of Havieron
Yeah great stuff
Always said there's going to be an upswing AF's going to have to pay a bit more for this,think I said bout 21p but now not sure,was going,n recommend to a Chinese friend to buy in 6 p range but happy to stick with what I have had for years, nobody is getting locked out here btw nothings inevitable,death tax excluded
Sharket sums it up, regards to 'gift horse'? Some are better left,buy on the upswing,you might miss a little profit,but also a lot of grief,buying on the way down
No brainer¿
Let's consider that...
Only a minority stake in an asset development currently on hold
Rejected by the worlds no 1 gold miner n top two gold miners in Australia
Got a man at the helm who cut the legs off the sp when he was blindsided by Ncm not taking up the 5%
Got a bod mostly affiliated to a man/ firm who'd love,and would be able to take have/ Telfer on,for themselves
Sp constantly drifting lower
Yeah no brainer if you think this is good/ feet up/ sitting waiting because ' this time next year Wodney'!
Waiting...for 5p then what?
The fundamentals haven't changed?
That is mental.....Ncm got bought out, Newmont want no part of Havieron, neither do the two largest gold miners in Aus,there is a predator deciding the bod,the sp when you think it can't go lower does,when exactly does the decline begin again?
Who isn't interested?
Northern Star Resources Ltd., which will be Australia’s biggest domestic gold producer when Newcrest is absorbed into Newmont, won’t bid for those mines and will instead focus on a major expansion of existing operations, managing director Stuart Tonkin said in an interview at this week’s Diggers and Dealers conference in Western Australia.
“Anything that did get divested won’t necessarily meet Northern Star’s strategy,” he said, adding that Newmont was likely to retain any mines that his group would potentially be interested in.
Evolution Mining Ltd., which will be Australia’s second biggest gold miner, said it didn’t see the projects as attractive.
“We have a number of people who used to work at Newcrest who have had experience with some of these assets before, and generally their recollection of the experience wasn’t that positive,” executive chairman Jake Klein
Problem with dewatering, regardless of the models,engineers or tech it's mother nature who decides,can remember being involved on a site with a known problem,still ended up flooding,main contractor bust n 3 year delay on open pit never mind deep workings, currently bobbing about on the Thames,tide on its way in,who hav they in on the job at Hav Canute.com?
Who set the current sp range? Letting the Aussie's in at a discount???? Not the market makers
If ...you've been invested here 10 years n didn't get out at 37p ISH how much exactly were you expecting?
To the main point re 18p buy out,GGP are currently in a position with no control over it's,one and only current 'asset' liable to produce,AF is in charge of the bod,Wyloo are constantly being asked to ipo ..... Havieron and Telfer in THEIR portfolio would make it so much more attractive to repeat FMG's once,but now potentially,waning success,it would be quite easy to 'starve' GGP out so any offer would seem acceptable hth
Good news? It's just kicking the can down the road another month