Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I think the sellers are people just getting bored.
To be fair we should have something from the company following the submission of the report from the JPL. It is frustrating but then a lot of shares are. This will just boom to life one day, just wish it was sooner rather than later.
Agree it does need news for the SP to climb but the main thing is the project keeps on moving and if you hold long term you should make many returns on your money.
The really big gains in the market come from holding long as opposed to trading in my experience.
NM has put some figures out in some of her interviews and I'm sure she said the project could be around 3bn. I think her latest Proactive interview had some rough figures.
When you say pot I assume you mean the project as a whole? In terms of revenue and income it is difficult to calculate right now. We need some more detail from the company.
https://twitter.com/naheed_memon/status/1249339748281450498?s=21
Just been through the latest RNS and it all looks very positive and is summarised well in your crib sheet. It didn't do anything to the SP which is interesting and something that needs to be understood as well.
Exactly Jim. The potential here is huge and things will start falling into place very soon.
The SP is bloody cheap right now compared to where it will be in the coming months/years.
LOI is the next step and should see a decent rerate.
The update I got from G3E looked good to me. I'm not too worried right now. The RNS will one day pop up and there will likely to be a scrambler to get hold of the handful of shares available which we will hold. Hang in there.
Nice post tasty. I am confident of this being much higher come closer to production and from then on the benefits will be better and better.
Being in this early could reap big rewards. If you can then try to stop looking at the daily SP and forget about your shares.
This will come good soon enough.
And again:
It is also important to note that the necessary permitting milestones and approvals run in parallel to Financial Close and as such the vast majority of funds from Financial Close are not required until the ultimate construction phase.