Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hydro I for one would welcome an offer of 20-25p simply to rerate us back to fair value. Then we can reject it out of hand and start enjoying the experience of being a GGP shareholder once again accepting the market fluctuations but without the corruption and dirty tricks
However there is not a cat in hells chance of that happening whilst 50m of shorts are outstanding surely ? If NCM are indeed complict then they are not going to shaft the brokers they have engaged with until they have bailed out first. So IMO any chance of a takeover attempt or offer is some way off
Just my musings
GLA MFU
Thanks Kevin. Best wishes on the health front.
I suspect that maybe this is why SD was able to indicate at the Sunday Roast podcast about hitting production in around 18 months as ground conditions are improving.
GLA MFU
Paddy et all
Firstly thanks for bringing the Podcast to our attention I would not have been aware of this otherwise; Ac ouple of very interesting sound bites from Shaun;
1.Once again he is looking forward to completion of the 5% agreement as he wants it to then help realign GGP and NCM-this clearly infers we are not currently fully aligned due to disagreement around the price. He again also stated NCM are after taking this at PFS resource to "get this for a cheaper price"
2.Shaun then states we are shortly to be engaging with the Independent Arbitrator. So unless a last minute compromise this is going the full distance and Shaun is looking forward to putting our case forward on the back of our highly credible MRE2
3.He hinted that we are in transition and every day and every week that passes we are nearer to production which "is expected to be in around 18 MONTHS !!" -That means potentially prior to end of calendar year 2023 which feels more encouraging than recent estimates
4.The Australian dollar gold price is "still fantastic with outrageous $1500 dollars per ounce profit margin"
GLA MFU
Hi SAS
Wish I could have bought 150k shares at 12.91 ! Lowest I have had chance to buy today has been 12.99 earlier this morning on HL (and I did :)) )
GLA MFU
Hi Go Green I suppose what I mean is they do the leanest possible DFS to justify the project but without going OTT on the full extent of the potential if that makes sense. I do like to think that won't happen or even can't happen but as Antigua and others have stated NCM methods recently have not been designed to fully promote the up to date Hav story
Appreciate your response thankyou
GLA MFU
Although the 5% has a cut off date I agree with Paddy here that any "bigging up" of the overall picture would weaken NCM attempts at getting the cheapest possible price. However I am curious as to the DFS situation. It is well documented the PFS was designed for a fast start however was a major catalyst in the SP retrace from 22/23p the day prior to where we are now. If they really do have designs on the remaining 25% (assuming the 5% goes ahead) are we going to experience a repeat scenario of a slimline DFS in Q4 in order to attempt to weaken our resolve in a buy out type situation ?? In other words until they have 100% of Hav are we facing the same tactics for the duration ?
GLA MFU
Have really enjoyed reading last night's and this morning's debates and Antigua IMO you have made some fantastic points
GLA MFU
Evening all
I did reply to the original thread that my own and my good friend who introduced me to GGP are still holding (from C June 2018) at very similar levels. Also a relative and another pal have invested (both of whose holdings I am not privy to) but I can say we have a minimum of 4.2m shares collectively
Disappointing end to the week but completely agree with the very underrated Costa's excellent analysis as to the "why"-thanks fella
Looking forward more and more to each results night as every single assay that hits is now extending on a minimum of 6.5m oz au eq which is fantastic and makes us comfortably undervalued.
I still have 20% cash waiting for near term shorting shenanigans to get me to my personal maximum level. If it happens fine if not then delighted with my lot
Have a great weekend
MFU
14-Apr-22 14:38:13 36.3717 274,967 Sell* 36.90 37.00 100.01k O
and another c £58k shortly after...
Any inclination as to why today ??
GLA MFU
Morning All
FWIW when Newcrest gave around 3 or 4 days advance notice for the Havieron PFS early October 2021 the GGP SP went from c16p to c22p over 3 consecutive days of increases. Therefore I am optimistic for the SP these next few days. As was well documented the PFS was slimline (fraction of a fraction high grade only) to make a fast start and that gain was quickly given up. I am hopeful that the extra time SolG have taken over this will propel the SP to those new 45-50p plus levels
GLA MFU
signs are beginning already that every shomb that gets dropped ...
08-Apr-22 12:47:48 13.20 500,000 Sell* 13.20 13.50 66.00k O
...that a plomb reverse shomb gets locked and loaded ! :))
08-Apr-22 14:14:15 13.45 490,612 Buy* 13.00 13.50 65.99k O
Things are soon going to get veeeery interesting
GLA MFU
to see this impending battle for cheap shares play out with 80% of my max allocation safely in place already. If and when JPM et all decide enough is enough to the shorting games those pi's (including myself) looking for that nice last top up at knock down prices locking horns with shorting buy backs ...fireworks me thinks !! :)
GLA MFU
05-Apr-22 16:09:04 13.45 1,500,000 Buy* 12.80 13.10 201.75k O
GLA MFU
Hi Paddy. As always you make an excellent point I had slightly misjudged the drilling requirements needed with having the licence over these tenements. Therefore happy to tweak my post towards "I would be happy for GGP to keep exploration spending in 2022/23 to the minimum which is required to maintain our licence agreements in tact"
GLA MFU
This is the third set of results from SW that have missed the mark. Even with someone of Callum Baxter's enormous expertise it shows how immensely difficult it is to discover commercial gold mines. W e should thank our lucky stars that we managed that one in a million at Havieron. But I have said for a little while now that we should stop spending money on further exploration until money is coming in to fund it. Otherwise we might end up with another below value placing as happened in November. Let's focus all our energies in 2022 (unless we have a good surplus from the 5% deal which is looking unlikely from SD's comments) on Havieron IMO
GLA MFU
Morning SG...I wonder if it's these 2 just come through ?
04-Apr-22 11:13:15 13.023 130,970 Sell* 13.00 13.50 17.06k O
04-Apr-22 11:12:49 13.00 130,970 Sell* 13.00 13.50 17.03k O
GLA MFU
Last time my SolG holdings were this much in profit was just before the last PFS delay early 2021...things are looking much more promising this time around fingers crossed :))
Ord GBP0.01 110,000 35.10 38,610.00 29,070.30 9,539.70 32.82% increase
GLA MFU
Mushroom- luv it made me laugh as always !
Costa-Plata o plomo is a Colombian Spanish slang phrase that translates to “silver or lead.” A person saying the phrase is telling the listener to either accept a bribe (plata, meaning “silver,” a common slang term for money in Colombia) or lose their life (plomo, a metonym for “lead bullet”). Life is probably a tad harsh for the shorters but they are trying to bribe us out of our golden tickets so a financial punishment will suffice !
Paddy-many thanks as always for the intel. Costa you are no doubt correct it could be we have already hit top intercepts around here it just sounded as though these step outs were literally miles away so I interpreted that as searching for new zonations ?
GLA MFU
Be great if at least one of them hits high grade!
PS NT to buy on Hargreaves-would be lovely if one of the instos SD was talking with last week has completed due diligence and is about to throw in a plomb reverse shomb !
GLA MFU
bless them ;
30-Mar-22 16:26:47 12.93 154,725 Sell* 12.90 13.30 20.01k O
30-Mar-22 16:26:35 12.92 234,937 Unknown* 12.90 13.30 30.35k O
30-Mar-22 16:26:32 12.965 92,704 Sell* 12.90 13.30 12.02k O
30-Mar-22 16:25:45 13.00 234,937 Sell* 12.90 13.30 30.54k O
30-Mar-22 16:25:23 13.00 100,000 Sell* 12.90 13.30 13.00k O