Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Advfn
Icon is on advn
it will... on rto
rto will happen...
we could be back trading within days weeks,... anytime
stated ref rto "not yet could happen in a day 2 3 4 5 .... could any time,, in or out.. im in
could happen any time booom !!!!!!!!!!!!!
If ever there was a subliminal message urging stock market punters to take a chance on a share, it’s YOLO Leisure and Technology. The AIM-listed tiddler, whose name stands for you only live once (the emoji generation’s take on “****e diem”), backs small tech firms in the hope of unearthing a hidden gem. Shares in YOLO, whose main shareholder is Saracens chairman Nigel Wray, leapt 0.48p, or 96%, to 0.98p today as it looked set to cash in on the float of one of its five investments. Music-streaming service Electric Jukebox, the trading name of Magic Media Works Limited in which YOLO has a 41% stake, unveiled plans to list on the LSE next year as it announced a pre-flotation funding round of $14 million (£11 million). Electric Jukebox, which has high-profile backers from the music industry including American singer Sheryl Crow and Robbie Williams, also launched its second home entertainment product called ROXI, which is aimed at families. It marks the company’s first foray into the lucrative US market. The news helped YOLO, which is also backed by Chris Akers, the former Leeds United chief executive, enjoy a rare day in the sun. It was the best performing share on the stock market in 2013 as the AIM herd rushed to join Wray and Akers as they launched the investment vehicle. But the company has lost 97% of its value since those highs as other investments such as podcast site Audioboom have struggled to take off.
This will top 3p this week. More news re multinational partner will send it through the roof. city awash with rumours some mind boggling names have been mentioned looks like the Clontarf road mafia have hit it bigtime at last! And not before time.
2.5p
Target price for this for short term as to the RNS today is 2.5p -3p
2p
come on
retrace
NEWS LEAK DEF...
LONDON (Alliance News) - Kalimantan Gold Corp Ltd shares leapt higher Wednesday after it said it has signed a non-binding letter of intent with Tigers Realm Copper Pty Ltd to purchase its 40% interest in the Beutong copper-gold project in Sumatra, Indonesia. Kalimantan shares were up 42% to 2.55 pence per share on Wednesday morning. Under the deal, Kalimantan will issue over 170.4 million shares and over 14.6 million share purchase warrants to Tigers after it has completed a concurrent equity placement to raise a minimum of USD3.0 million. The placing will fund the company's next phase of infill and expansion drilling and metallurgical studies at Kalimantan's existing Beruang Kanan prospect in Indonesia and finalise the conversion of the Beutong project from exploration to exploitation, it said in a statement. Tigers will lend Kalimantan the funds to bankroll Kalimantan's 50% share of due diligence and transaction related costs for the deal, which will be interest free and paid back using money from the placing. In addition, Tigers will provide Kalimantan with a separate USD250,000 interest-free loan in order to maintain operations throughout the due diligence period. This also will be paid back via funds raised in the placing, but Kalimantan said it has the right to settle the debt via shares if the capital raising does not go ahead. Once the acquisition is complete, Tigers Director Tony Manini will become chairman and chief executive of Kalimantan, which will see Faldi Ismail, who currently holds the roles, remain as a director of the company. Manini has over 28 years industry experience including 14 years with Rio Tinto and 9 years at Oxiana and OZ Minerals, where he was a founding member and senior executive, said Kalimantan. The Beutong project, in which Tigers holds a 40% interest has a large copper-gold-molybdenum resource. PT Emas Mineral Murni owns 100% of the project. Emas Mineral Murni is owned 80% by Beutong Resources Pte Ltd, which is in turn owned 50% by Tigers. The measured and indicated resource of the project totals 93 million tonnes at 0.61% copper, 0.13 parts per million gold, 1.97 parts per million silver and 97 parts per million molybdenum. This represents a contained metal of 1.24 billion pounds of copper, 373,000 ounces of gold, 5.7 million ounces of silver and 20 million pounds of molybdenum. "The acquisition of Beutong, combined with the company?s own KSK copper mineral resource and its Jelai gold prospect creates a quality portfolio of pre-development copper and gold assets all located within Indonesia. All three projects have significant growth potential and their combination will create a platform upon which to continue to build a significant regional Asian focused copper-gold business," said Ismail.