Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Yes and now on the ground in Guinea securing iron ore -where $40 billion is being spent on new mines. And why are billionaires calling me up who were previously hot for lithium -because the reality is battery metals including REE have collapsed but that seems to have escaped your notice still banging on about REE . Read the announcement _ Rupe is going over historical exploration results but that's academic anyway because if you really did some serious research you would realise that U is over $100 lb and 22 countries signed up at COP to fast track nuclear. It's all uranium -iron ore and hopefully gold. As that famous man said 'when the facts change I change my mind -what do you do Sir"
You bet -it's all from left field - but I have never seen the fundamentals for uranium like this in my 86 years . And the palaeos there look mighty promising. Tight capital -not many shares on issue- in South Australia a big U province - this can really fly. If U goes to $150 lb hang on to your hat.
Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02763246-6A1189848
Now we have a really HOT project with EL 6967 at Pureba immediately adjoining ISO Energy with historical U grade of 3550 ppm uranium at Yarranna. Pinnacle Resources (PIM) announced granting of their tenement adjacent -info on ASX and that has highlighted their proximity to Yarranna and in turn Cobra are smack bang up against Yarranna 4 with historical grades to 500 ppm. Note that Rupe is researching historical drilling in the palaeochannel. I would post all the maps but can't do on here so check out ISO on TSX who merged with Consolidated Uranium -all the history of Yarranna. And now Cobra and Pinnacle on the same palaeochannel. With uranium over $100 lb as luck would have it Cobra is now nicely positioned at Yarranna. I am in the NT pegging more U too north of Alice Springs. Its goodbye Mrs Lithium and hello Miss Uranium a real pretty girl in this nuclear renaissance.
Nothing is available for peanuts but COBR is no different to companies like RDN -and about 50 others on ASX doing deals in Aust -Canada -Brazil -Africa. And guess what they raise capital and their shareholders are very happy -not sitting here like we are praying for a miracle.
Lithium resources are being 'found' as you say and I alone -just a prospector - have about 20 vended into companies exploring - drilling and aspiring to be the next producer. I have another deal being announced next week and have just picked up ground only kilometres from Andover which is shaping as possibly the largest resource on the planet.
Check out RDN -only 0.003 not long ago -I got on board at 1.7 c and today 3c. And guess what 3.5 km of strike lenght 600 metres wide. Now that my friend is how you "find' lithium ! And that is how you get your share price moving.
Noone is recommending we 'walk away'. But you don't sit there like a rabbit in the headlights until you have no funds because the fact is REE players -even some lithium players now - are unable to raise capital. The situation is dire -we must find a quality lithium project as a matter of urgency and in my discussions with management they are receptive.
For your information I still hold COBR and exercised the warrants. And I will do whatever is needed to influence managment to secure a lithium project. Then you will be eating crow -
With companies like MEI sitting on massive REE resources ten times the Wudinna resource only ostrichs would pursue REE in South Australia. Our future is lithium.
That’s a Brazilian project that the company regards as the world’s highest grade ionic clay REE resource.
Hole CVSDD001, located just outside Caldeira, has returned “the widest, highest-grade ionic clay REE drill intercept reported this year” at the project, says Meteoric.
And more precisely, that’s an intercept of “149.5m @ 8,912 ppm TREO1 mineralised from surface to EOH with 1,417 ppm MREO2 with 52m @ 12,692 pm TREO with 2,710ppm MREO from 61m.”
Patience - lithium - the way forward. Lithium stocks are bolting - raising $ 5-10 million. Rare earth stocks are on the bones-
https://www.cnbc.com/2023/08/29/a-worldwide-lithium-shortage-could-come-as-soon-as-2025.html
Yep ! I was the co -founder of COBR and as a significant shareholder I have every right to agitate for change if I feel the company needs to embrace new commodities like lithium that have far more potential than either gold or rare earths in the current environment. A very good lithium project can breathe new life into a company struggling for recognition and it beats me more AIM- LSE or Acquis companies aren't reaching out to Australia to participate in the stunning discoveries being made in this country.
Ha ! My friend London is awakening from its slumber :-) ARV closed at 2.8c today on ASX . Plenty of stock available on ASX but better be quick. See RDN today - huge turnover and stock price increase. Only a small company but 3.5 km of pegmatites up to 30 metres wide smack bang alongside Azure which with luck has the biggest lithium resource on the planet. Best of luck
That's where all smart companies are going -
https://www.theaustralian.com.au/business/stockhead/azures-209m-intercept-opens-up-massive-exploration-target-places-andover-on-global-lithium-map/news-story/ed3d04ff100a6bd2d2ef814821b4d8ad