Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Bozi,
Sounds a little bit like a threat.
Be very careful what you wish for folks,and think this through before you recommend Fort's posts. He's creative, eloquent and articulate but by golly he's also a little naive.
I for one would happily see more royalty deals if that's what we need to do.
It's totally in Bhp hands to do the right thing amd plenty left there for them if they want to settle this properly.
What they might not understand is someone else may have designs on Ecuador and giving Bhp another slap across the chops.
Not sure why you seem so against this being a solg holder?
https://www.mining-journal.com/m-amp-a/news/1443208/m-opportunities-beckon-for-bhp-says-macquarie
This also looks like it could be worth a read, but again don't have access.
Not illogical at all, still seems strange that we have no real info regarding the attempted raise.
What we do now know is Bhp and Ncm are taking a fair bit of dilution and imo that's as a direct result of their behaviour over the last 12-24 months and that may annoy me if was a bhp shareholder.
Would it be enough to bring bhp to the table?
What other tricks has Mather up his sleeve?
Obviously I'd want it for as cheap as possible.
So the obvious answer is to come to some compromise , no?
The question we still don't know if there had been any conversation and we are left to read between the lines.
My opinion is our majors wanted cheap equity and were not prepared and make Pi take the hit.
If I was invested in Bhp now I'd be pretty 9issed off that we haven't got another chunk of solg even if for a premium of current sp(especially if its as exciting as we believe).
Maybe that was never in the cards.
Copper now up 8% in 24 hours...looks like a breakout but it needs to clear $3.70 for a convincing turn...
That would be timely with the SOLG PFS Addendum imminent...
Coincidence we have been holding back news?
Imo we were always going to release news when the market suited us....one of the biggest hands we could play.
Gla
Add, I'd say the process started 2 to 3 years ago.
We knew it would be bumpy and plenty of opportunity for the traders amongst us but just feels like a big game of chess( think about the French translation wtf)
We seen to be at the point where there is not too much movement to be had ( either side)without major change ie funding, jv outright sale.
Hopefully the end of Bhp shenanigans and acceptance that of they want it they need to get somewhere close to the real value here.
Add, I get your point and understand the wishes of the cgp clan.
But it doesn't change the fact that no bid has surfaced.
So we continue to make solg attractive and corner our major shareholder to see what their interest is.
Pfs2
Porvenir pea
Short term funding
Dfs
Funding for mine build.
An offer could come at anytime in the process which imo is far easier now.
Exciting times gla