Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Whilst I would be in raptures with a dividend of 35p, I would assume that any buyout of 30% would not allow Greatland to spurt out 1.75 Billion in dividend payments, bearing in mind that Newcrest wouldn't buy 5% for 60M.
"staring" works better...
Just sitting starting at it instead of the telly.
Breakout???
gold $2,061.61
obviously *** packet figures below but it's still looking good:
for every $10 dollars extra on the gold price, annually that should be roughly an extra million dollars bonus at a production rate of 100,000oz per annum. so weekly, approx $20,000 or £16,000.
i was pleased when $/au broke through $2000, but at $2040 it's bringing in an extra £64k per week to even that figure...
Can GGP get a new 52 week high? 11.3 to beat!
I was just looking at Canada Nickel, who released a Bankable Feasibility study last week.
https://canadanickel.com/wp-content/uploads/2023/11/Release_FS_FILING_VF.pdf
I'm no expert on nickel grades and how to compare, but as GGP are just in the preliminary stages and taking surface samples it does look promising. The second para shows their ore grade. What I do know is that theirs is a huge scale low grade deposit but I would have no idea whether you can read across the figures in a such a basic way. But its worth a look.
Judging by the gold price, I think the SP has now had its little dip / breather and may finish blue.
Purely my thoughts.
"Are we going through 11p? Too scared to look :)"
It feels good.
I've been tied into this share for so long I can't work out if we're now genuinely doing well or I've just got some from of Stockholm syndrome.
Plenty of buying straight after the noon gong - lets hope for one of those post meridiem rallies we were having a wee while ago.
"Should commit to an annual update of resources, it's the norm."
Agree - what was Newcrest's final excuse? They were washing their hair, or something similar? The dog ate it?
Come on GGP let's have a mighty uplift!!!! Lots more gold at record breaking prices would be a cracking way to start the Christmas period!!! Right, off now to check out my frankincense & myrrh holdings.
Wonder if the gold price has meant Newcrest would now meet their hurdle rate?
(If anyone remembers who Newcrest were, from the olden days.....)
$$2,030.51
I've always suspected that next to each desk in the Fool office there is a fence to sit on rather than a chair.
After hoping 12p SP breached, my next hope for this week is that Gold hits it's $ year high - it needs less than 2% to do that, so definitely possible this week with a fair wind. Although an arbitary figure, it's an article headline maker and brings focus to the rising price.
No sign of 'the seller' this morning as yet - probably still lurking somewhere, perhaps crawling stealthily through a ventilation shaft, or maybe lying low in a remote abandoned farmhouse.
Tenth of a penny for each share owned, so £1000 on 1M shares is correct. There are two dividends a year, this is only one of them.
I've come to the conclusion that there is one person allocated to each share discussion board that is there to perpetually counter any positive rationale. It happens all over these LSE forums and goes far beyond having an alternative view point or stance. Perhaps they are volunteers - after all, it appears like some type of vocation for them - especially as most of these individuals claim to not be invested. I do find it quite bizarre and hope that one day someone does a psychology research project on it.
Me and my consortium* are also holding at the moment, having finished a recent accumulation phase.
*The group consists of me and the kids - one of them is only three so he hasn't made any executive decisions as yet.
I'd like to see someone pay more than 12p now...
Whatever is achieved:
With 1B shares in issue, for every 10M added to cash reserves ( and completely excluding everything else ) should add 1p to the share price. Is my maths correct?