Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
@shed got to get a mining license first before 20%
Interestingly Denarius haven’t added us to their projects on their website yet
https://www.denariusmetals.com/overview/default.aspx
Id wait this out mining license with 49% ownership by October. Share price should rise significantly on that news knowing EUZ can go mining.
Better still we’ve had a great gift this week a CD ..BOOM ..LOL
At EMI we end the week in the best possible way, with a gift!
We just received the CD with the IX Season of the Podcast #serminero #cadenaser, where we had the opportunity to talk in detail last year #podcast #minería the #proyectotoral. Thanks to the Museum team, and Roberto Fernández at the head, for being the soul of the dissemination of mining culture and its people. Because mining is not only progress, it is also culture.
Question is will this deal actually be signed or will we get funding and back out. I know they were pushing shareholders to say yes which we did but is that so they can satisfy someone with someone they have funding and funds in the bank to get the grants?? Is that the value event?
At least Denarius share price rocketed today. Our turn might come
Should be aware of Denarius??
https://finance.yahoo.com/news/insiders-might-want-evaluate-us-152145906.html
Interesting denarius are only an 8million mkt cap that’s 4 times what we are and they have way more assets. Just shows you need to be a company producing.
Toral will have that opportunity 2023 with the mining license. Will our SP dramatically increase if Denarius get bought out by a bigger palyer? Toral will most probably will be a denarius main asset unless the vote doesn’t pass and we have to go alone.
Here’s another thought if Denarius get bought out does that entitle the other company to buy the rest of Toral or is this exclusive to Denarius?
Again all Limbo with EUZ market uncertainty what’s happening not really a clear plan. Bring on tomorrow maybe it will become clearer either way we will be have that mining license which can only increase our SP considering we will still own 49% of the asset.
@highside Maybe DBA bought shares to vote against as the biggest investor they would surely want more on their return than a potential 20% probably want the 49% also why would they buy higher than the current price again of 4.5p only to see their share holding deminish even more? They haven’t propped this up for fun…Will be interesting to see how it goes once it goes through we will know either way very soon plus they will want their money back and then some this was the reason they pumped the share price before consolidation I believe.
IMO depends on the meeting on December 30th..If we go down the loan route we own 100% still. I know I said when this came out and asked is it a ploy just to get a grant to show we have money in order to get grants?? could be completely wrong but until the meetings outcome I’m still in limbo.
Our saving grace is Toral has to have a mining license this year. No doubt about it very different sentiment q3 IMO as long as all resolutions get passed at the next meeting. If not we’re going it alone with a loan. Don’t forget we still own 49% at mining license stage. DBA have averaged down and it won’t surprise me to see a pump to 10-12p at some point. GLTA. I’m holding my nerve here what’s another 9 months lol
I can’t really see a disadvantage of this. Denarius basically will control the project they have to get it to mining license by next year so they need to spend serious cash. We still own 49% at this point as Antonia hasn’t been discussed.
Otherwise we are diluted to take Toral and try to get another investor onboard to cover the cost. However Once Toral has a mining license and it’s ready to mine Europa metals effectively will get the profits and worse case scenario 20% from the metals and sales for doing jack all. Passive income.
The cash for the $2 million is not a lot i agree and at some point we will have to dilute anyway to advance another project.
The question is ..is the better option to have a loan from Denarius or $2 million have another project under the belt for Europa metals.
Nice to see larger holders selling out this morning. Strange because this time next year we will have a mining license whether denarius do this in form of a loan or not. I would rather see Denarius loan us the money then we can keep 100% of everything :)
Spanish siesta
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We culminated a very important year in the Toral Project. Thanks to all our workers, collaborators and our allies for making possible one more year an exemplary project full of future. Let's go for 2023, the year of the Toral Project!
Sorry not 55% $55 8% increase
Has anyone watched the price of silver lately I’ve read it could be $50 by January 2023 Santa Rally upcoming silver up 55% this week
Denarius are looking for a larger player to buy them out. Seems all mining companies do the same thing hoping for the big deal. Euz will probably build their next project sell it take a portion.
https://m.youtube.com/watch?v=WsRq0aeyH_g Myles campion
I think bennelong hold more don’t they??