Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Once reopening starts next week, and people go back to work
All the big banks have started bringing all their staff back, just the begining
BOOM
At 4.25p this is probably the gidt of a life time
With the partnerships that they have announced and the new partnerships TO BE ANNOUNCED this is just massive
Read across to its peers - this should be at 15p-20p easiliy
Scray how much money there is to be made here at 4.25p
He hasnt a clue how to monitise a single asset
This is one big disaster after another
Its been a long time coming
With the start up of the new mine and Copper at an all time high, the production update should be fantastic
$5 - £4m
Cost of drilling each hole, circa £600,000 x 5 holes £3,000,000
Placing costs £400,000
Assays probably aroud £250,000
There you have it, not much left
Probably an equity raise, as CB cant have too much money left
Need a short term raise and then debt finance
Think we get a raise shortly, then debt finance
to fund the Camray acquisition
The problem at this stage is how much, as they will need funding for working capital too
Could be around 0.25 - 0.30p is our guess
Somethings afoot !!!
0.42
Copper has broken out, good jobs data, good data from China means a BOOM !!! for copper
This should be trading today at 0.50
Look at what Camray is worth
MM short of stock too
Add in Romania with Baita worth in excess of $100m and the three other projects in Romania and you have a market cap of $150m ++ against £20m
Crazy cheap
Truly remarkable BOD
Have so to go for, but can never deliver
Look at the chart, it tells you just one thing ........
With all due respect most drivers wouldnt know what to do with a share if they were given one, let alone have the ability to open a share dealing account.
This is not a slight on the drivers, they are great people, but it would be a pointless opportunity
They were better to be incentivised by the SP apprecition based on them building the bricks together
for blockchain
They are doing the back end for many of the online Blockchain companies
This is game changing for MOS
That is what we are seeing across the board
So Prelea with MARCUS' and CRAIG'S influence have devised up an alternative mine plan that gives them an uplift of 65% in revenue, over 12 months gives a huge return, for $1m investment
This mine plan has been independently signed off by an external company
What is there not to liike ??
Look at the numbers, $100m against $30m today
Prelea needed a kick up the arse, he has now delivered on this plan, lets see if can execute it
All the other projects in Romania on top of the $100m and ZIM too
What is there not to like !!
The floor has been put in here.
Updated mining plan within the 21 day period
Confirmation of no new monies to be raised
Cash flow positive by quarter end 2021
Upscaled production increase by 65% to become more profitable
And we have a Market Cap of circa £25m against an estimate of $100m
RISK REWARD IS CLEARLY TILTED HERE TO THE UPSIDE
OOOH and we have ZIM and the diamonds
When we get the new mining plan, it will hopefully show that the mine is exceedingly profitable and paying off Atlas will not be a problem
No more fund raisinbg, no more conversions, and finally let the share price rise, without the shackles of the above
This is so cheap, but we know the man at the helm, what he can do
Lets see if this leopard can finally change his spots !!!!
When we get the new mining it will hopefully show that the mine is exceedingly profitable and paying off Atl;as will not be a problem
No more fund raisinbg, no more conversions, and finally let the share price rise, without the shackles of the above
This is so cheap, but we know the man at the helm, what he can do
Lets see if this leopard can finally change his spots !!!!
Sorry we do not buy on margin, only physical