Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
For what it's worth my 400k shares were voted NO, via AJ Bell.
Good Luck All
SR
Well AGM has been called for the 25th May, so we'll now all get to back up those strongly typed words and accusations, face to face with the board!
Think it works out 6p tbf. Oh well.
Dream big dreams, I suppose. You never know.
If enough people have used the "report post" button, then the thread is flagged with admin, and deleted.
Southerners' told you stay indoors, us Northerners just put a coat on. ; )
2p "prediction" comes from one poster! Check their posting history, and you'll see nothing of substance or credit in any of their posts, anywhere. So I'd assume it's just to get their post numbers up. Then again I have blocked them, so I'm assuming it's the same Flying share guy!?....
ScotAlba - Enjoy reading your post, very informative. Many thanks for those.
JU - Hahaha, uncanny reference!
Bought 15 months ago, stuck it in the bottom draw. Come back 12 months later, no change, despite all the noise in between. Back in the bottom draw for another 12 months. Best thing to do with this share.
Then it'll be 9.....
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
! #Shambles !
Hardware wallet - Like a USB stick, and more secure than leaving it on an exchange, as can't be hacked. See "Ledger" products.
All this is down to the imploding Chinese markets - specifically linked to "Evergrande". If you don't know what this is, then I suggest you hit Twitter or Google up. A lot of investment firms are tied up with this, hence the knock on effect.. U.S markets will follow later today I imagine...
https://www.bbc.co.uk/news/business-57247757 As stated in the original post, this lack of materials, is and will have a major effect on all housebuilders etc...
There are some major issues facing the construction industry in the next 3 months or so. There is a massive shortage of raw materials (cement, sand, aggregate) across the U.K right now, and this is only going to get worse. As of the beginning of April for example Cemex & Tarmac suspended all concrete and aggregate deliveries on all jobs around the North of U.K. They covered the bare minimum of work. A lot of this was picked up by Breedon and other independent firms during this time., leaving a lot of disgruntled customers around. Right now there is not enough raw materials in the U.K to cover the existing order books that are in place for Breedon right across the spectrum (This is also the case for all major firms). There are major supply issue due to demand, lack of haulage and working capacity. All quarries are flat out, and cant keep up with demand. The supply chain is broken, so much so, that cement is being shipped from Spain into Scotland, for this to then be transported by road down to middle England and beyond. It's crazy what is going on in this aspect. Orders are being turned away left right and centre. This is going to have a major knock on effect given that HS2 is ramping up in the Southern area. Added to that the Commonwealth games infrastructure, that has yet to be started in Birmingham, along with the other projects. According to recent estimates there is only 25% of total product in the UK to cover the HS2 as a whole project, the rest has to come from abroad. Given the impact of Brexit now on the supply chain, costs are going to spiral. Housebuilding is going to be seriously impacted going forward, as the materials are just not there for these sites. Bricks, cement , wood, pipework, general building supplies are massively under supplied. There are sites that are already slowing down their work, and there are plans to suspend new housing projects in certain areas. There are some crazy deals being made for raw materials, and I'm talking serious monies over the odds being agreed. Purchases for exclusive quarry rights to supply certain companies are already taking place covering the next 2 - 3 years and beyond.
Personally I'm not sure where to put my monies now.. Well if I could afford a couple of haulage trucks, or concrete trucks then that's where the money is to be made now.. There is not enough vehicles at present to cope with that demand!
Morning Bamps...
Don't post that often, but I have to say thanks to you personally. I came across GGP a couple of years ago, after your discussion in the "Taylor Wimpey" board of all places (I think). Have never invested in something like this share, but now have a decent Sipp holding along with an ISA. I follow the genuine posters from afar, so please continue to post as you do.
Many Thanks again for your insights. Stay safe & well.
SR
Well the mere fact you've just turned up, would answer that question!
Nothing untoward on those sells. That was me, I've dumped a total of 1.1 million shares over the past week. Purely for personal reasons. Hope that clears it up. I still hold roughly the same amount, so still invested, just lowered my holding. Cheers.
SR
Look forward to hearing from you when it hits 20p then. Bye for now, as assume you'll have more reasons to post till then.