Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
@Moz, yes just noticed that - hoping it's not just one of 'us' using up an ISA allowance or something.
In the past, future news has been signposted by share activity - so fingers crossed. Although I've learned to be consistently disappointed of the years with CMET, sigh...
I can't help thinking this move may be as a result of pressure from US investor(s). They don't like sitting on 'penny' stocks, almost an EGO thing.
But this is AIM...
Right now could represent an excellent buying opp, but I'd rather wait now.
Am directly invested in GMET and was looking at POW as liquidity is better (if I was looking for more exposure to GMET). But now they've announced a share consolidation I reckon I'll hold off to see what impact on the SP post consolidation. Gut tells me, barring bullish news (which of course could come any day - but haven't we been saying that for years with POW) the SP may drift slightly lower.
Another interview with OF: https://www.youtube.com/watch?v=fKpc_R43NgA
Interesting to hear what he says about Fusion, given the article below, and the correlated demand for Tungsten. Of course OF is also very clear this demand could be 5-10yrs off, in the meantime test builds might slowly push up global demand.
ALL that said you just never know the Chinese might look at these fusion developments and decide to just go for it - they are pouring billions into green energy, even more reason for them to potentially cut off the supply of their Tungsten sooner rather than later...
Lots of IFs as usual, but...
I mean it's just a class outfit, but I am looking at the mcap and thinking...hmm...but then we've so much cash
GMET mentioned 29:14 in. Nothing new that we don't already know. Archer pushing the grant funding newsflow again, mentioning numbers like $10m, but I have no idea where he's plucking that number from.
https://ukinvestormagazine.co.uk/premier-african-minerals-avacta-tekcapital-and-a-small-cap-round-up-with-charles-archer/
@rob - couldn't agree more and between language in RNS's and all of HAAs interviews he's tried to get that across, which is why I believe that BANK2 announcement that Credit Committee has passed the proposal is the effective domino...then it's down to the logistics of coordinating signatures.
As I see second bank credit committee approval provides domino effect to all other finance counterparties that are lined up, with the possible exception of the Government that seems to be committed already.
Therefore, that RNS providing details on Bank2 is the go ahead (almost) imo. That RNS due, for me, anytime in the next 2 weeks will ignite the SP.
ALL THAT is ignoring the huge potential and progress currently being made in the KSA regardless of TK.
Once PING confirm they're proceeding this is de-risked. That confirmation is due by end of Q1, next month. But it could easily drag on a couple of weeks - though I don't anticipate a long delay (I'm simply going on historical stuff that happened last Q4 2023).
So right now represents a reasonable risk:reward level depending on your viewpoint as to whether PING will commit or not. Once that commitment is made I doubt there'll be another opportunity to get in at these levels (could be wrong of course), it also empowers ORCA to progress other projects which I'm personally very excited about.