Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I think this is the big reason for the initial drop it didnt really recover after the Ghana Mining minister. 19's about the base right now.
https://www.lse.co.uk/rns/ALL/statement-re-media-speculation-ziqliry5ufz2uh9.html
See with ALL their are still quite a few years away from making money. With the way HZM went id avoid them for a while howver as you stated Horult their will be spikes you can ride.
Its strange, what has promted that to double as its started to go up a while after the RNS?
I agree all looks to be going well, I think what hapened with HZM is holding this back. Its fully funded and due to break ground this year but at any point they miht drop the money bomb.
When they "break ground" is this when they go into production or when they start building the mine?
Maybe so legal however if I sold up now I’d breakeven so even if it doesn’t take off I won’t loose anything with it. Ideally I’ll make 10-20% but if not it’s just one of these things
I agree I suspect it will go quite now so one to put in our bottom draw until next winter
Yeah hopefully a bit of fomo on Friday wouid be great. But like you said volumes have dried up but sp held. Wouid that suggest it’s holders with sticky hands?
Steve what he is saying is 85% chance of it being commercial and then 80% chance of it getting above the commercial level and receiving a higher bpd
I’m
Hoping once the rig arrives the excitement will ramp up then we will see the sp go up. Ideally I wanna derisk before results.
Leaky the titantic was less leaky than bce lol a few days before it drops it goes up then the news drops so you’ll have presenting if it’s bad. Any big drops just sell to cover yourself
I agree dai, but it’s been dropping for the last week as traders pile out as their won’t be much update until early next year now. The raise wasn’t huge which is strange….. are they farming out the Alaska licences to take it online did I read?
Fund raise, this has really killed the sp now down to 0.16 I wounder if they will do a consolidation soon?
Good update and your correct around values, currently we have a market cap of circa 10 mil, very few companies on aim are profitable at such a low market cap.
If this well is a duster we will just dilute again, all companies do it look at 88e for example.
We got 50 bpd before so only need 100 more to get commercial so provided the geography is right I can see that figure being easily achievable. If they thought this was a diff they wouid if moved onto the second well rather than trying to correct this one.
Sac as I suspect it will take off once the rig arrives once that’s here the delays are over. Maybe we have to wait until results to get a push I’m not sure but either way if I walk away with a 20% profit I’ll take it. You can win them all but with this share I generally don’t think it will go any lower so I’m happy to sit here for another month and see how this pans out
They have a rig now but no date still, very much pushing this incredible rig and the guy running it very dm style lol
Anyone remember he1’s Randy?
Blue bay I think they have new drilling contractors in the recent presentation they kind of hinted the last lot did a bad job so have new contractors this time round.
Mattpr1 I don’t think lth really benefit on aim, your better off trading shares.
10 mil is good, it means they can focus on the recycling plant and have plenty of capital until it gets fully operational.
Getting lithium out the ground in the uk will cost a fortune so I can’t see it coming online in all honesty.
Money in shares not ideal however they can dump them over the next few months.
Yeah I remember that poster.
Anyone seen itv from he1? I remember he had health problems but always believed in the project
I don’t press’s recommend on recommend really, on this board even less as I’ll just reply back and agree with you lol
You get more recommendations than I get lol
I suspect just a deramper Scarlett, we will get them but the last rns a week back said the rig is due late April so should arrive within the next week or so. Their maybe be the odd delay but I’d expect when they release the last rns they were confident the rig would be free when they said it was.
Massive month ahead their will be those who try to deramp it but I’m fully in looking forward to see where this share goes.
I agree I’m hoping that they keep us informed during the steps ie rig releases spud started spud completed etc so we know what’s gong on. Flow rates can vary but are more accurate the longer they are tested for so hopefully it’s not rushed but I’m sure they won’t