Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Looking at FTSE 100 top fallers of today the first three are all mining stocks, so not a AAL specific issue or news causing the drop.
Just an opportunity as I see it to acquire, managed to get some below £19. Great recovery potential IMO and useful divi to boot
Agreed Shaun, BATS SP drop has been strongly (not entirely) driven down by high interest rates. News yesterday of inflation falling to 3.9% should put pressure on BoE to lower interest rates early in 2024, which should have positive force of BATS SP. Returns of 6-7% from dividends will be considered attractive.
A dividend here at nearly 10% yield with PE hovering around 6 is a gift.
That 3.3% include or exclude the stamp duty and trading charges to reacquire whatever position you reliquinished?
Lorna must have some iron clad NDAs on the TaiC contractors. I bet the guys and girls running the wirelogs and analytical kit onsite already know what the outcome is
Think we'll get onsite analytic data RNS'ed well before formal lab analysis @ Christmas/new year. I consider the formal lab analysis as merely rubber stamping onsite analytical findings.
Think reasonable to expect onsite analytic data RNS v soon, most probably Monday or some point next week
I just assumed Joe80 is Muscles alterego.
I'm sure he'll be back. No doubt with another name/account bashing away at He1.
Proceeds from farm out, sale, JV, etc... post discovery at Tai will be more than enough to keep the lights on and then some!
Hopefully the 6p raise churn party is over.
We've had weeks and weeks of it already so fingers crossed the SP is primed to rise out and well over this level
Care to explain how a trader would have made money "buying first thing"?
First thing SP hit 6p and has closed at a bit below 5.3p. This trade would have lost 0.7p
Do you want to build a snowman?
To be honest I could live with a delay of drill at Itumbula into 2024 if this extra time is being spent to fully execute and characterise Tai3 as a discovery of its as a helium asset of global significance.
I wouldnt read to much into any quantification on a helium show. Best wait for the wirelogs.
Helium is so poorly soluble in drilling fluids any helium shows could be wildly inaccurate vs what is indicated on a wirelog and flow test of gas.
Tweet today indicates drilling all going fine and dandy.
Wonder whether delay is not technical aspect of drill. But Tanzanian gov requested delay on announcement so they can get their own PR machine in gear to promote this discovery.
Remember its not just He1 who stand to benefit from this auspicious milestone.
Legalwolf, we are a very different operation now compared to Tai-1 with David Minchin. Lorna is more professional, cool calm and collected.
Her last RNS on the matter said TD and helium shows will be communicated to the market in due course.
Note this did not say TD or helium shows. So I'm fully details on helium shows only to come in the RNS once TD is declared.
Moonlight more refracted when ambient gas has high level helium content ;-)
Heavy gas pressure.
Had to turn the torque power rating up on the motor of the drill to chew through the hundreds of bar backpressure of helium its hit
This is just like the eve of Epiroc Predator 220 drilling rig RNS back in July.
SP went down heavily on the eve of this due to parting ways with Noble on the Sofori rig agreement.
Sampling Drill chippings? Erm... not sure we'll be discovering any helium in the chippings, its a gas!
My interpretation on rationale for hole collapse of previous drill is the rock was so porous because its loaded to rafters in the interstitial space with helium gas!
Yeap, watch the spike on SP from onsite drilling contractors pulling out satellite internet to buy He1 shares from their broker once drill is spinning but RNS not out on lse.