Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
1984, who has informed you that the PFS will be "game changing"?
"Revised PFS will force hands to move therefore perhaps more is afoot"
This is just total nonsense. Do you even believe it yourself, BBG?
Add, I have long thought they are remarkably similar. Peas of the same pod.
I agree Bozi that's not happening in a month of Sundays. All I'm hoping for is the PFS to be delivered on time and to be updated by the company on the IPA negotiations.
I agree with Fort here. The SP is symptomatic of the junior mining sector being out of favour, UK equities languishing, and SOLG being effectively mothballed. There could be news of an agreed takeover at 25p next week for all we know.
"We now get posters who crave the limelight posting utter sh*te just to stay looking important."
141 posts in the last 30 days from this halfwit.
A genuine question, but does the Lassonde curve account for the new shares in issue (of which there are many since the 39p days) or it is supposed to be reflective of the value (i.e. MCAP) of the business? I don't see GGP heading back to 39p without another major discovery.
There are some valid concerns over the lack of infrastructure and health of the ageing UK grid slowing down the transition to EVs, but the long term trend is not going anywhere. When the rest of the market catch up with Tesla and more of the 'original' EVs enter the second hand market, they will be cheaper and more accessible. This, combined with the fact that younger people are less likely to be climate change deniers like 1984, will see EVs gradually take over.
Darren is a nice bloke. He's annoyed at the lack of progress and this p*ss poor attempt at corporate comms. Judging by the time he posted those replies on Twitter last night he might have had a beer or two! He works in the city from memory.
ToS, red has 12 trading days left before his T20 settles, so we can expect daily updates on metal prices until then.
FWIW I'm optimistic that the revised PFS lands before that. How it lands in this market, who knows.
10 posters, 3k a month. I make that £360,000 per annum BHP are spending on the LSE chat board. Quite remarkable for a listed company, really.
Bought a few more last Friday at around 7.6p - apologies for doing so, as the price has inevitably fallen.
BBG, given that a few weeks ago it became apparent on the Telegram group that you had no idea we were even renegotiating the IPA, forgive me if I take your words of reassurance based upon a vaguity in the latest presentation with a large pinch of salt.
NMM I don't recall this being announced. In fact I noted in the last MD&A that they planned to do so but had not yet.
Add agree they're not going to be signing the document, but they're also not going to be signing anything regarding ownership of Cascabel unless they're happy that their investment will be safe. We have to ensure they are aligned.
I don't think it's totally implausible that we hear news of the IPA alongside and update on how this thing will be built, otherwise the document will be relatively meaningless as no one thinks we can go this alone anymore (and the company have essentially said as much).
Aquinaga - on your point on price and the majority willing to sell - Mather has bet the farm on this now and the clock is ticking. He simply has to get some sort of deal done here and soon. This will focus minds on price/valuation.
Add, agree. The article was discussed on here and opinions were mixed on who "the investor" referred to. You could imagine that Chinese press might not be totally au fait with (or give a damn) regards releasing MNPI in local media (over at ALL the Ghanaians have been awful for this) but it's not something we have commented on publicly or clarified.
The Chinese have had issues in the south with the government and indigenous populations, and I've long held that they will want water tight protections in place before making a move here to avoid a (much more costly) repeat.
If Jiangxi are a serious suitor, you'd think they'd want to be privy to the terms before anything is signed, if not negotiating them themselves.
Despite the political changes, it seems implausible that it is taking us this long to revise an important yet relatively simple document.
Last September, Middlekoop highlighted a translated Chinese article which claimed that the government had signed a preliminary agreement on Cascabel with "the investor". It was unclear whether this referred to Jiangxi or Solg. The translated piece is here:
https://www.econotimes.com/Solaris-Resources-Warintza-Project-in-Ecuador-Attracts-Global-Attention-Chinese-Investors-in-the-Lead-1667077
Given the thrust of the article is Chinese investors and Jiangxi, I am increasingly leaning towards it being about Jiangxi. What preliminary agreement have we signed? None to my knowledge.
In which case, when negotiating this IPA, why would Solg be doing the heavy lifting, when the terms of the IPA are going to be relevant to the company actually building the mine? Jiangxi probably fancy themselves to negotiate their own terms as they have much more clout than little old Solg.
Moreover, given the 200m odd shortfall in our spending exploring Cascabel, and current cash balance and Mcap, the people on the other side of the table will be asking Solg where are you planning on finding the billions required to build this?
I think the radio silence on how this process is going (we have had meaningless soundbites saying it's going well but absolutely no detail) points towards it being out of our control as the terms are going to be relevant for the entity that develops, builds and mines Cascabel.
We have mothballed the company, we are in an endless strategic review, we have been prioritising drilling targets for nearly a full year now. There is no way I see us owning this project for much longer.
Morning addicknt, given that when the CGP crew took over they sanctioned that Sangha article (there is absolutely no way a hired advisor goes out and says that without the CEO's blessing) in which he trash talked BHP and NCM, even getting BHP to abstain is pretty good going.
FWIW, given their public statements I think it more likely that Newmont abstained if one of the big 2 did so.
"and the current chair warmer of a ceo we have has so far failed to repair the relationship with BHP"
The same BHP that voted to reelect him as a Director at last month's AGM?
Give it a rest, Eloro, you're sounding more ridiculous by the day.
Mathersfinger, the article is from October 2022. BBG lost the plot some time ago and is massively overweight here. Hence the multiple threads and delusion.