Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Art
"Company must now commence drilling the Loxley-1 appraisal borehole no later than 30 June 2025."
Borehole is to be done no later than 30th June.
Ukog doesn't have the money to do this yet so raising is immanent. Aimho.
Until there is news this will unfortunately continue it's downward drift. I'm not invested yet (sold taking profit) but I'm poised with a few k waiting for news. If the news is its commercial then this will rocket IMHO. Until then it's a waiting game.
Gla...
Ongold.
For me, this is a good time to buy. Well it would be but for the greedy 60% spread. Once the spread narrows my finger will be on the buy button. The company is basically going through a major restructuring but I think this will result in a stronger future.
Aimho of course.
Gla.
C.
Yes well said Ham. We have more than 1 iron in the fire, surely we can have some updates on our other mines. What's happening with the waste pile near the mine. Surely we should be putting that through the machinery we bought 2 years ago. This no news and no movement is very frustrating.
Sas
"Just a little note to remember for those who maybe have no concept of how small a space 20 million ounces of gold would take, it would be equivalent to a 3.5 x 3.5 x 2.4 mtr room. ie about the size of a typical small kitchen."
Thanks for this, when put like that I puts things into prospective. A 3m3 cube of gold would be very welcome indeed.
Happy new year all.
Just a thought on Newcrest saving money... is it correct that if you dig a mine you have to put the area back to its original form. If this is the case would Newcrest use the spoil from Hav to fill in the pit at Telfor. Just a thought.
Gla. C
A couple more figures for you.
A few years ago, 3 billion shares, company worth 100million.
Now, 21 billion shares, company worth 13 million.
With more dilution on the way...
what I can't believe is people are still being sucked in to this awful share. Good luck to ya. I think your going to need it.
Aimha.
C.
A couple more figures for you.
A few years ago, 3 billion shares, company worth 100million.
Now, 21 billion shares, company worth 13 million.
I got lucky. Needed a new car so sold at 9.95p. Car cost me nothing. If I sold the same shares today I wouldn't be able to buy a tyre. And what I can't believe is people are still being sucked in to this awful share. Good luck to ya. I think your going to need it.
Aimha.
C.