Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It's a difficult question really. There will be a surge in value based upon the sale price and the perceived special dividend value, but there has to be some information on direction "after Racecourse"..... I.e. where is the next value being added from.
If it is managed well, the interim market cap could exceed the sale value.... but that's a possible scenario.... not a prediction from me.
I took the 30kgs poured as being last months total (october). So 2 more months of ramping up.
Not challenging any of the comments though.... it seems only results improve our position.... not promises.....
So Colin, get the troops delivering results before Christmas. Put a smile on everyone's faces and quieten the skeptics.
I wish I knew when the next news was going to drop....
It's hard to maintain a level of excitement..... if there was an interview where Colin could suggest "next few weeks" or "early December" as the expected arrival it would perk me up no end.
Come on Colin..... drop a few hints.....
I'd go further and say that clever governments using stimulus and tax benefit measures to support the Green Revolution dragging their economies out of recession ....... Will prevent copper being dragged down as usual.
If you could go back and bet on the motor vehicle or the mobile phone you would be rich.... betting on a solidly understood commodity such as copper might be our next opportunity.
Its funny..... I understand people's range anxiety when we are talking about 100to 150mile ranges on EVs (despite most of us only driving around 20 to 25 miles a day), but never....not once in my life have I ever thought to myself.....If only this car could go for 2000miles between refuelling.... why is this even being touted as a positive from a company whose MO should be to give the customers what they want?
Ive just reserved an Aptera and there is a 1000mile option, but why would I even need this? unless Im trying to outrun the Zombie apocalypse.... Ive gone for the 400mile arrangement and feeling very happy with this option.
Feel like we are in a holding pattern awaiting the news. The wait has drained my excitement somewhat and need to calculate how much this might be worth is less of a buzz,... sorry ...... as the months have gone on its obvious how much assumption has to go into any numbers spouted so I'm just going to sit on my hands at the moment and wait for real news.
I noted that in a recent RNS it was stated that the Bushranger news would be by end of year, so don't be surprised if its another 6 to 7 weeks until that comes..... Will be most pleased if it comes earlier.
GLA
Doesn't really make sense. Only thing I can think is waiting on the expanded news both in terms of the HWM arriving at site and also the logistical question around increasing the trains servicing this site up to a steady and dependable 4/month.
Even the Met Coal price is feeling solid at these levels
I think the "market" is still seeing the Sandfire involvement as optioneering..... but let the news of Sandfire increasing focus and work on the licences in this area and that will change. .... then some good drilling results and it will start to be factored in...
Imo
Great corporate video, showing how professionally this project is progressing. If it wasn't for the regional Russian problems I think this share would be starting to realise its value.
Happy to be holding this one.
The 2MT on Racecourse alone IS a trigger point with AA.... so it was the oiginal target.....
I think as the liklihood of Racecourse achieving it alone went from a stretch target to unlikely, Colins wording changed to include the whole concession.
I also note that focus has gone more on triggering the buyback clause with the "Decision to Mine" than with the achieving th 2MT at Racecourse.
I'm still expecting something in the region of 1.5MT.... purely on the basis that.... as Andrew said... they were so bullish earlier on that it would be a reputational blow to be low by say a factor of 2.
Great read, but page 49 mirrors KC's projection of investment decision in 2023.....
Imo that is better than reading that they have made the decision. All parties aligned and continued opportunity to invest at these low prices.
Howzap, the model delivered at the end of phase 1 took absolutely nothing from any drill results that Xtract have made. It was based on the original JORC but using a different cut off basis.
It was an attempt to show how close the resource already was to being economic.... and we wait now knowing we have over 30km of drilling now being modelled to add to this .... and knowing that most of the cores were a success.