Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://twitter.com/PeterSchiff/status/1783521278151770158
"Newmont Mining is now up 10.5% following better than expected earnings, but the rest of the mining sector is barely positive, with many stocks still trading down. It's as if good news from $NEM has no positive implications for the rest of the sector! Wall Street is still asleep."
Pointless arguing with strangers on the internet here. This company at some point, when they can actually do so and not beforehand, will provide a market update on the decline, the aquifer, and hopefully buying Hav and/or Telfer. In the meantime nothing we write here will change what the share price does. Nobody likes a falling share price. Either hold on for a change, or buy more, or sell. The Board know of their duties to shareholders. I am sure that Callum is not pleased seeing the share price given his 100+mill shares when he said to Liam he believes the company is worth a lot more, and he is patiently waiting like the rest of us. Wyloo want a return on their investment. Employees have incentives tied to the share price.
John my opinion is that selling Telfer + 70% Hav + other Paterson interests is complicated. Otherwise if it was easy a deal would have likely been agreed by now. Newmont made it clear they wish to divest. And we have had news of various parties being onsite at Telfer the last month, including GGP.
All we can do is wait. Also Shaun cannot inform us either as it is highly sensitive and not in our interests to discuss what is happening behind the scenes publicly, until it is time to make a public annoucement.
Https://docs.londonstockexchange.com/sites/default/files/documents/aim-rules-for-companies.pdf
Restriction on deals
21. An AIM company must ensure that its directors and applicable employees do not deal in any of its AIM securities during a close period. In addition, the purchase or early redemption by an AIM company of its AIM securities or sale of any AIM securities held as treasury shares must not be made during a close period.
close period -
(i) The period of two months preceding the publication of an AIM company’s annual results (or, if shorter,
the period from its financial year end to the time of publication); and
♦ if it reports only half-yearly, the period of two months immediately preceding the notification
of its half-yearly report or, if shorter, the period from the relevant financial period end up to and
including the time of the notification; or
♦ if it reports on a quarterly basis, the period of one month immediately preceding the notification of its quarterly results or, if shorter, the period from the relevant financial period end up to and including the time of the
notification;
(ii) any other period when the AIM company is in possession of unpublished price sensitive
information; or
(iii) any time it has become reasonably probable that such information will be required by these rules to
be notified.
Https://uk.practicallaw.thomsonreuters.com/3-100-3459?transitionType=Default&contextData=(sc.Default)&firstPage=true#:~:text=The%20Code%20prohibits%20directors%20from,possession%20of%20price%2Dsensitive%20information.
The Code prohibits directors from dealing in shares:
* On considerations of a short term nature.
* During a close period (defined in the Code).
* When in possession of price-sensitive information.
Https://youtu.be/SSLQIySdTz0?si=3rCdgCBCVLPNcxCN
PALISADES GOLD RADIO - speaking of POG this guy thinks it could fall back to the $2k area and then take off for good. Really interesting interview and worth a listen.