Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
So, the small rise wasn't based on the license approval as i thought. The only people to know are likely already invested. The rise was from them two.....So when this news is released publicly to the AIM RNS investors, how big a rise will it bring?
Just assuming, if the costs of extraction, go up with inflation. Does that mean the sale cost of copper needs to increase with the same percentage, to keep the NPV the same?
Example: inflation 5% for 3 years consecutively, meaning the $11,000 becomes $12,733.
A total increase of 15.75%.
Maybe steve can help? Lol 😆
Https://x.com/chigrl/status/1779835200165290450?t=4vjXEkF4pBoq5eVhuq2ZMg&s=09
Doesn't matter, china will buy it, smelt it and then sell it to the west. Same happen to oil. We (the west) just pay china more for it lol.....its all BS
James, don't forget capex and opex also increase.
Part of the reason gold and copper is up, is because the cost of mining goes up with everything else at the moment....... but I agree, I would like the calculations done again.
I assume it wouldn't be too hard to update? Just changing figures in the special software model.
Just looks like another project a major rejected.
Reminds me of bushranger.
What makes anyone here think that 1.5 million spent over two years is going to find anything meaningful that glencore missed.
Just looks like another project needing millions spent on exploration. I'd be happy if we had 15 million to spend.....but we don't. Its being drip feed to us, of which £400k will go straight into colins pocket over three years. Not to mention the rest of the board and employees.