Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
A 2012 report conducted by Snowdon Mining Consultants on behalf of the previous majority owners of the mine, Gold Mining Wales Ltd (GMW), suggested that as much as 500,000 ounces of gold could be lying untouched in the area surrounding the mine, ... (wikipedia).
This figure of 500k ounces has also been reported in news articles re Alba's work at Clogau and in the region.
... Whoever is doing the buying, it hasn’t been gold-futures speculators in recent weeks nor American stock investors for gold’s entire upleg! That makes gold’s record breakout surge and 31%+ upleg so far truly remarkable. The great thing is neither central banks nor Chinese investors are likely to slow their buying anytime soon with gold shining so bullishly. When late American investors join in, gold ought to really fly! ...
If you're in contact with Zeus, Trish, can you ask him kindly to pull this share price up? Thank you and thanking him in advance.
Loan Reduction via Equity Share Subscription
UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that to enable further orderly reduction of the balance of the funding facility announced on 28 June 2023 ("Loan"), it has delivered to RiverFort Global Opportunities PCC Limited and YA II PN Ltd ("Investors") a tranche of 200,000,000 ordinary shares ("Equity Shares"). Future conversion of these Equity Shares by the Investors will further reduce the current £0.545 million principal balance of the £2 million gross first cash sum received ...
No one except you is taking the Portland scheme seriously.
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... and the government, apparently, and, according to UKOG, "several significant potential international investors" (RNS of 01/02/24).
Reminder of this tweet of 05/12/23:
UK ENERGY STORAGE LTD: Portland Port hydrogen storage business gets significant boost in the space of a few days after positive discussions with two of world’s giant trading companies, Japanese Sumitomo, and US ExxonMobil. The countdown to lift off begins …
Jeremiah99,
No, not yet.
Work was expanded to take a 2nd look at the results of the earlier samples.
Bull-ish,
Re Portland, do you agree that:
1/ UKOG is acting as a catalyst?
2/ in the event of the participation of one or more significant international investor(s) in the project, UKOG is likely to be remunerated for managing the submission to the first hydrogen storage allocation round and the acceleration of its project schedule?
At the bottom of its RNS of this morning, JAY presents its Dundas asset as follows:
Bluejay's most advanced project is the Dundas Ilmenite Project in Greenland, which is fully permitted and in the process of reinstating its 2019 MRE which, reported in accordance with the JORC Code, represents 117Mt at 6.1% ilmenite and a maiden offshore Exploration Target of between 300Mt and 530Mt of ilmenite at an average expected grade range of 0.4 - 4.8% ilmenite in-situ. The Company has agreed a Master Distribution Agreement with a major Asian conglomerate for up-to 340ktpa of its anticipated 440ktpa annual output. The Company has signed on a major European bank to head the financing syndicate for Dundas.
At the bottom of its RNS of this morning, JAY presents its Dundas asset as follows:
Bluejay's most advanced project is the Dundas Ilmenite Project in Greenland, which is fully permitted and in the process of reinstating its 2019 MRE which, reported in accordance with the JORC Code, represents 117Mt at 6.1% ilmenite and a maiden offshore Exploration Target of between 300Mt and 530Mt of ilmenite at an average expected grade range of 0.4 - 4.8% ilmenite in-situ. The Company has agreed a Master Distribution Agreement with a major Asian conglomerate for up-to 340ktpa of its anticipated 440ktpa annual output. The Company has signed on a major European bank to head the financing syndicate for Dundas.