Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
So i guess the meeting of Lorna with the "potential investors" went like this.
Lorna: Dear Investors...
PI: Cut the crap...
Lorna: Yeah, we fd up and need money to keep the light on
PI: Of course you did. Current sp is to high if you want my money for a trade. It needs to be way lower. Go to the market and say you will need more money so the sp drops further. Then i will cut a deal, we will squeez "existing shareholders" one more time, i get my money back with the help of the mm's and then you close the door behind you. Deal?
Lorna: Cool. Thanks. Do i get my bonus?
Cadellin, while I feel the same about RBW, there are numerous companies on AIM that were "pure gold" and the next unicorn, just to completely go south within a matter of weeks due to numerous reasons... the like of AST, 88e and even today He1 come to my mind... for every GREAT investment case, there are many reasons why it is not working out. So I try to keep a level head and even listen to the likes of REETech to verify my thoughts about "these great investment cases that will boom". In the case of RBW and REETech, he hasn't convinced me to the contrary but I will keep my eyes and ears wide open... just in case, you know...
ReeTech, i have worked in the FMCG industry for a while now and one of the reasons why these companies and their brands are so highly valued is because they don't give away their recipes. I see this the same here with RBW. Why would they let anybody in on their process flows etc.? Why would they share data with a broader audience than necessary? All we as shareholders need to know is that the recipe is working and that it has been verified by a 3rd party. All that has been done so I am happy indeed to be a shareholder of the company. P&G, Mondelez, Unilever etc. work exactly the same...
ReeTech, everybody knows by now that the Americans can not be trusted. Not sure what you are trying to say with this video. Equally, everybody is hesitant to deal with other "Superpowers" such as Russia, China and if you want, the Arabs. Which is why it is great for RBW to have options (or at least appear to have options) with whom they want to deal with. They have a product that is wanted and they can make healthy profits with. I'm still not clear of why you try to spin every little "market news" AGAINST RBW. What is your agenda and why don't you think RBW can be a profitable company (with multiples of today's Mcap) with the product they have?
ReeTech, for the sake of having a fruitful conversation (and trying to make sense of your words)... Weren't you the one that challenged the company to provide a meaningful prospect to show how they can "clean up" the gypsum stack after extracting the REE? Now that they do that, you challenge them on the content. Fair enough, but at that point you must be a REAL REE processing expert and be deeply entrenched in the industry as there are still many unknowns in the public space and even THESE EXPERTS still don't have the silver bullet to the issues at hand. Now, can you provide any evidence to this board that you are indeed the subject matter expert you are trying us to believe you are? The company is telling us that they have the tools and processes to extract the REE and to clean up the stacks... please provide evidence of the contrary if I may kindly ask you.
I actually think that ReeTech is a big fan of RBW even if he is leading everybody to believe the contrary. I mean, why would he post here and with his posts actually confirm that a chemical process would be much more viable to extract RE than a mine? I believe he is a supporter in disguise…
ReeTech, thanks for posting. You probably wanted to let us know that the Chinese keep output low because at that rate, they will barely stay in line with the increasing demand, therefore will keep prices high. Particularly interesting the DECREASE on ion-type rare earth ores as per sentence below from the article.
The Ministry of Industry and Information Technology (MIIT) issued first batch of quotas for rare earth mining, smelting and separation in 2023 on March 24. The quotas for rare earth mining stand at 120,000 mt, up 19% year on year. This includes 109,057 mt for rock ore-type, a year-on-year increase of 22%, as well as 10,943 mt of ion-type rare earth ores, a year-on-year decrease of 5%.
Again, thanks for posting ;-)
https://www.yahoo.com/finance/news/why-china-banning-rare-earth-150000467.html
That's why RBW has a Mcap of 45M instead of 450M. IF they are successful, a 10x of your investment is in the books. That's the difference between RBW and other Multibillion Dollar companies. But of course you know that already... otherwise you wouldn't be here. All the best...
Prudent cost control shows the experience of this Management team. How many AIM companies can that say...? 5 years is a long time even if i know that it is nothing compared to building a full mine operation. Patience...
https://www.yahoo.com/finance/news/neo-performance-receives-25-million-183924328.html
https://www.yahoo.com/news/helium-shortage-doctors-worried-running-110000674.html