Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Yeah but it only takes another flow of capital to cycle into PMs for it to go up again. The last time was almost a false breakout from the real thing . Who knows time will tell. But its good to get profit in and not have to rely on raises to go explore.
5X5 the funny thing with these calculations is they determine the low end only. Because we got to 3p here with 0 production and 0 licence, just a JV with capstone. So hard to imagine with production and inflow of capital we couldnt be above 3p
5x5. I mean, I guess if the shares in issue remained constant, we could look at MCAP as the mining licence is announced to 1st shipment to 1 year after 1st shipment. Look at the MCAP increase and then use that as a guide here?
Hard to compare really the main difference being the markets they are in and the different rules of ASX/AIM etc.
We could just do a comparison based on SP and shares in issues and the subsequent SP increase, perhaps.
Yeah I mean my thoughts are PI never usually have the majority/weight to make such decisions. But I think if it was a take over decision most would vote. Why all LTH should be averaging down now to protect themselves from such a potential outcome
Thats reassuring to know most shares held by directors and PI . I think most PI would like to see this get into 1 year post production before thinking about a buy out . Proof it can make 10s if millions a year will massively increase the buyout price and as far as mining risk goes this has to be lowest form out there . Look at all the issues PREM seeing or underground mining like GGP. Easy as it comes I'd like to think I'll be holding till least 1 year of production
Silver lovers. Quite an interesting statement made here. He is making his own mint to sell directly to retail and avoid banks and also wants other miners to go via his mint. Could be the start of by-passing banks and price manipulation.
https://www.youtube.com/watch?v=Mek9MDw-KGo
of course they could but it would be most likely to get brockman not hand**** of course every tonne of dso matter but i would think rio would be more focused on 100+ milloin tonne projects . a mid tier making a bid could be more likely . saying that their isn't that many players in iron ore it's very top heavy