Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I don’t understand the perpetual moans here about communication. Months ago there were complaints and the ecr twitter responded, there were then complaints that the communications were repetitive. Following CB’s sad passing a Stockbox research interview summarised all recent communications and gave a detailed summary of status and expectations. Exploration is not dynamic and I am sure the board will give information on progress as soon as it is available.
Surfit - I mean it is not a new discovery, simply another exit route for product from an existing discovered field.
It's not news - just another exit route from a known gas field
Two £350k buys today but SP down?
On another board (Kistos) a poster enquired about a list of risks, one was the unexpected death of the CEO. The poster was ridiculed.
But we’ve now seen that happen with CB. I never met him but know those who have and over the last couple of years feel I’ve go to know and certainly respect him. I am shocked and saddened. Thoughts with his friends and family.
LO - my thoughts exactly, in context this was a great statement. I hope those who have been ****ging off CB over recent months take on board the Davenport interview. I suspect CB is 'seeing through the mist' that some posters here cannot. The next few weeks will be interesting.
GLA
Kwadoku - you appear to have done very little research. I suggest you go over the vast quantity of information from ECR over the last 12 months and your concerns will be amnswered and you will be a far better informed investor - or not!
New high today?
I've been building a position here since late 2019 initially buying at 0.74p and have added to over the months/years, often I must admit and higher than today's SP. I've always resisted any urge to sell. After listening a few times to yesterday's interview I am confident my quite substantial investment will pay back over forthcoming months.
"Is it possible some sort of NDA has been signed with somebody to keep the share holders and markets in the dark whilst a plan is executed?"
A NDA is not put in place to "keep share holders in the dark". If anything a NDA pertaining to JV negotiations, for example, protects share holders and the negotiating parties.
Short term funding is not an issue. IMO in the future there will be a JV at Creswick and ECR going alone at Ballieston. The JV along with revenue from the Midas company and other revenue streams will negate the need for more fundraising.