Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"I picked up Mambare when the previous owners were not in compliance with their expenditure covenants. And virtually gave it to RGM. I could do the same again if I wished - RGM should forfeit the project. As for Bugnosen was just another Bell stooge on the board -would not know a rock if he fell over one."
Words of Ken Watson - you should look him up. As a founder of Red Rock and regency Mines, and a 60 Year veteran in the prospecting game.....
"What more could an investor in aim oil stocks want."
Clairvoyance. The gift.
Someone who had a look at the bigdish website/offerings for the first time today. A potential customer.
Someone who isn't a shareholder with rose tinted glasses, and with a pipe feeding me hot air from the directors up my A-Hole
Someone who ran a mile because of a shoddy website with ZERO clarity on the price of a meal.
Stop being a plonker. Either pass on what I said to the CTO, or don't.
The website is driving people away. It's not enticing people. Simple as that.
I couldn't care less if this company survives or goes belly up.
Somehow, I get the feeling you're a bit more attached. That's not any issue of mine.
The issue is that you HAVE.TO BUY A DRINK, to avail of the discounted food price.
Without stating the price list for the drinks, they run foul.
The drinks can be any price, that's not an issue. Not displaying the price is of drinks is, when they are an essential part of the offer.
It's as simple as that.
Between the bad photos and the illegal promotional material, can anyone say why I should sign up and give all my personal data which the app tricks and gathers, to this apparent bunch of cowboys?
I sure as hell wouldn't do it for a few quid of a meal somewhere.
Today was my first time looking at the offerings by the way. This is my instant feedback.
People don't stand for this nonsense anymore.
Art, I took a look at some pics you posted. You were right. Awful **** altogether. Not a hope would I sign up for food on that basis.
What I did notice was something sinister, which raised doubts about the whole legality of the offer and could get the restaurants/big dosh into trouble.
A small caveat which says a beverage MUST be purchased to avail of the half price meals. (Those meal prices are highlighted) alas, no prices for these beverages anywhere to be seen.
Tut tut tut.
Cobra drill results were from a private company. Not much attention drawn to them.
Market abusers can't properly pump and dump those grades (no equity to trade) So they don't exist in their world.
Use it to your advantage somehow.
No twitter pump, ergo, it does not exist.
Langtro, ultimately, it is the viability of each individual's shareholding I would question.
Like I said, Black rock are sorted, they get their pound of flesh either way.
The mine and workers (especially management) should be fine. Some down time while prices strengthen or, in the worst case, should wres loose the asset and another buyer is found, perhaps.
But, with the plant nearing completion, the deposit will be mined. It's just a matter of who will mine it economically. (Great returns to be had picking up distressed mines from time to time. Why pay top dollar for plant when your mates in the finance game are lining up assets for you?)
Metallurgy, processing, recovery, commodity price and interest rates are the main concern. The first 3 are always a concern until a few months into solid run rates. Anyone who makes reference to mastermans guided costs as a retort to this is living in cloud cuckoo land.
Knee - higher Sp? Is it not 30-40% off it's recent peak? Normally it's a mixture of equity and finance. 30%-70%. Gives the financiers some skin in the game. Black rock took f all equity. It's no good to them. 14% interest and a charge on all the companies assets. Yessir.
Equity raises depend on the market cap and the no of shares in issue. Very easy to wipe out shareholders if money raised at low prices. Play around with some maths there and see for yourself. You can only issue a certain numbers of shares each year. To raise a large sum via a placing, an egm and shareholder approval would be needed.
Incidentally, I've seen Sprott finance a mine on a questionable DFS, at 8%. Wres pay 14%. That sprott financed mine, construction was halted about 2 years ago and they still haven't recommended. A small equity raise paid back the few quid they spent and owed to sprott.
Just note the difference in interest rates. That tells a story in and of itself
Why did black rock fund them?
Can you do maths? Can you figure out how interest works? (14% in yr 1, YIKES)
Do you know what a secured loan is? (In this case, not just against Parilla, but ALL the company's assets)
Can you work out what happens if wres can't make those repayments?
Win win either way for black rock. That's how you do business.
"How can anyone of sane mine believe a £50k Liverpool battery storage investment is going to pay off 4 times the present Mkt cap?"
Duh booboo. Because the batteries are going to be stuffed with priceless Yukon Unobtainium. Sorry, vanadium.
I got confused because rgm have no vanadium. The film avatar was where they went to distant planets in search of this priceless energy metal called Unobtainium.
The avatar film was more believable. Maybe that's because the people were blue.
Nothing is happening with PRD. They are miles behind schedule. That spells trouble when you have a small market cap and delays in monetisation of an asset.
What I find funny is the fact that you just jump on me when all i did was mention the CLN, in response to a statement made by some other poster.
As for your other investments, congrats, but i really couldn't give a toss. You did not know what CLN's were when issued here. You promoted things falsely. You learned a hard lesson.
Why would you not want others to be aware of the same situation?
Or is that only an option when the ask is 6.30?
Come off of it chancers.
Unless there is an RNS explicitly stating such terms, there is an CLN lurking which has the potential to kill the SP.
Look what happened when they last tried to convert. You had your eyes opened.
DYOR. Vox interviews and their content mean jacks hit.
Look at the interims released since that Cox podcast you are referring to. If what you say is true, Why didnt PG print that statement in such a widely distributed market news release???
Potter drafted in as a NED.
Too little too late?
Right time, right move? Right time, wrong move? Wrong time, right move? Or just wrong time, wrong move?
Who knows with Thor.
Billing did make some schoolboy errors recently having to clarify funding/liquidity requirements to market.