Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I don't have any children and neither does my wife.
We are greener than anyone who has kids, we didn't take up time in the NHS with kids, nor used state schools to educate them. We haven't produced a disposable nappy mountain single handedly as most parents do, we haven't taken money from the govt for child support. we haven't fired up a car twice a day to drop off and pick up our little darlings for ten years each. Our impact on the planet is probably a lot less than any of these greenies with 5 kids claiming they are "earth mothers"
I see your point and agree with your post about "good men doing nothing" but I'm past the firebrand age, I've been shouting at the politicians on the TV for 40 years,I just want a quiet life in my quiet corner of Norfolk.
Furthermore I'm 60 and won't see the end of the world if indeed it does happen to be true and not a clever money making ruse, I'm tired of endless debate about climate change and religion and immigration and racism, people making up problems out of nothing because they are all precious little souls who are far too easily offended.
I don't care !
Do you speak at the COP meetings under an assumed name Quady as I've never seen you on the media reports.
I mean you must be in the thrall of the world leaders based on your dismissal out of hand of any opinions of any of the qualified people who don't agree with you.
Arrogance doesn't even come close, take off your blinkers man.
You are such an annoying bombastic character.
Https://xtractresources.com/wp-content/uploads/280124-Xtract-Presentation-.pdf
Many months ago on here I said Bird could probably spend the Manica revenue on his other, non earning companies if it was possible. After all, they each pay him a seperate salary so they can't unofficially be propped up by the one who's making any any money could they ? That would look like a nest feathering excise and possibly illegal.
He wouldhad to find a way to do it legally and without too much backlash from shareholders.
Reading this presentation it has two references to something akin to this.
On page 11 where the seperately listed companies are referred to as "Group companies African Pioneer and Galileo Resources also hold licences proximal to Xtract’s ground" So XTR is in a group now ?
A Group ? They'll be sharing their resources next.
The very next two paragraphs state :
"Sharing of admin, logistics and personnel with reduce OPEX
• A strategic alliance sharing technical data for the common good,
using an exploration team that “has its eye in” for the geology"
I wonder who will be paying for this sharing then ?
The one with a (hopefully) steady stream of cash for the next three years ?
I hope XTR won't be giving them cheap loans and will be charging them for services rendered.
We already have too many fingers in the pie.
Bird should have told MMP that we wanted our money in full and maybe they should find the money through borrowing etc.
He took the weak easy route, the tail wagged the dog. Half in one go would have been almost acceptable.
The SP is were it is because there is no guarantee we will get our money and the uncertainty will only reduce over the next three years.If you think the board is creating wealth have a look at the SP, that will show you what wealth Birds' decisions have created.
I think we are on the same page NicetoMichu.
I'm banking on getting my money back and hopefully more as CB winds up the Zambia PR Machine.
When it starts the MM's will take care of the rest and we should make money at the same time they do.
Fingers crossed.
I think it's a sad demonstration of just how much damage to his reputation CB has done in the past 12 months or so.
Until he proves otherwise it looks like the majority of shareholders and potential shareholders hold him in pretty low regard.
A good post NtoM, good points and I agree with all of it.
It does beg the question as to why the SP is were it is and I think it's purely down to the CB factor.
The SP tends to be artificially low when he's not communicating with the market and artificially high when he does.
We are experiencing the former and I'm just waiting for him to light the fire under the Zambia PR machine.
Come on CB, I've a house to buy and you've got my money tied up at a paper loss.
Yes we know Colin, now you're here how about some news then old fella ?
A recent vote on what,where to go for lunch ?
Oh and I'd stop using that non shareholder line, it's so stale you couldn't make the crumbs you feed us from it.