Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Looking interesting.
https://www.telegraphXXXXXXXXXX/business/2020/11/06/nmc-health-administrators-take-steps-sue-ey-firms-collapse/
@max19, I would agree with you on GGP comment . If the resource is proven up (and as they say mother lode :) ), the end result for ARCM shareholder is simpler compared to GGP (multiple project - JV for 1 license ) . It would be TO for ARCM and again management is quite clear we are explorer , as mentioned by Remy in Indaba Q&A. Still makes me think why would NvS be so keen to get rid off of Gold assest (aware of jurisdiction etc) when we were entering gold boom ? Neither NvS nor Remy would have mis-read the upcoming gold boom. May be he knows cooper in ground is more worth than gold asset. All guess at the moment until we get drill results.
https://blogs.cfainstitute.org/investor/2020/05/19/the-nmc-health-debacle-four-red-flags/
https://www.khaleejtimes.com/business/corporate/nmc-admin-team-lands-in-abu-dhabi-from-uk
Chartered Flight :) . One more expense and of course they would enjoy a 5-star stay. First, they hired Freeh (not free :) ). Absolute disgrace, if filmed, the story of NMC debacle would be at least nominated for Oscar.
Negotiated trade type. Sort of agreed price trade.
https://www.investopedia.com/terms/n/negotiatedmarket.asp
https://www.mining.com/rio-tinto-to-explore-zambia-copper-deposits/
In an interview, Shetty said, "I am first to open health care in UAE, We are the first company to list in LSE". In fact, first in everything. Now he can proudly add " I am the first to run a massive Ponzi company and prove regulator/auditors are spineless".
NMC is/was a disgrace. Even some AIM-listed companies operating under lax regulation would have more moral responsibility. Unfortunately, people who took fees (auditors, IB) go unscathed. Lessons learnt :
(1) Never invest in any Middle East-based company
(2) FTSE is a casino. No point in associating AIM and tarnishing it.
Its almost confirmed Shareholder will not get anything. I am not even waiting for Freeh report as it will reveal more debt and no good news for the shareholder. No one would ever invest a company based in UAE as a lesson learnt.