Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Can now understand the delay in this interview being broadcast and can fully understand the collapse in the share price and general sentiment, obviously some were already in the know. Clearly not RP's finest moment as the CEO it just went from waffle to even more waffle, not getting a good feeling with this guy in charge.
Nope, ggp market cap at commencement of drilling Haveron (2018) was 17mill, check our market cap today for any comparison, there first RNS'd drill results saw their market cap triple, however it was not until Newcrest got involved that things really started to warm up leading to a joint venture and an initial mineral estimate in (2020) which saw ggp market cap sky rocket, though fair to say their price had seen a steady rise up to this point.
I do not think average will cut it here in the current climate Uktrader, we need good grades to get this moving in the right direction, its been consistently washed and rinsed for the last twelve months and this has caught a lot of people out, I'm still holding for RS indications, lets hope they meet expectations and the drill does the talking.
Little or no interest of either buyers or sellers at the moment just the MM moving it up and down earning his crust to try and stir up some business. Once any concrete news starts to flow which can be wholly interpreted and without any compromise we may see some interest, here's hoping, its been one hell of a long wait since the tsunami of news flow coming out of the company twelve months ago.
Is he taking the p..s, what a dreadful RNS about something shareholders should have been informed and made aware of months ago, am afraid anything this guy says or predicts in the future will be taken with a very large dose of salt, absolutely abysmal. Guess all know what the phrase soon now means, absolutely JS.
Just the standard trading game Cela, 1 step forward etc etc, and Wishbone has been in trading in this style since late May early June last year post the placing issue and of attached warrants, this will change imo once news flow commences.
I have always thought, though, should not compare apples and pears of course, that Wishbones approach to their drilling campaign is somewhat similar to our reasonably close by neighbour which has worked out very well for them, a trawl back through some of their RNS during their initial drilling campaign, I believe will give a better insight and time frame for any future reported RNS from Wishbone, also to factor in of course that our neighbour never had the uncertainty of the repercussions that the Covid pandemic has brought along with it. Happy to hold until any further official news from the company appears.
They've moved on to sampling what the company now term the Greater Cottesloe prospect with a 5 year extension built in, so suspect that they are waiting for all the sampling results to be analysed before deciding on a drilling campaign of either RS or Cottesloe or both, non the less the lack of company communication going forward is pretty dire to say the least.
You could well have hit the nail on the head here Reggie with Cottesloe, its all looking pretty grim the past few months, no guidance or updates which to be fair I think we were expecting some time ago reading previous RNS,
Has also been my view that we are now approaching the hot season, do not really know enough about the area to be drilled regarding continuation of drilling or not depending on climate, anyway we are where we are, all waiting for the follow up from May's "Drilling Imminent" statement, though that did manage to get the private placement away at a premium, a little news on future events would I am sure be very much appreciated at this juncture.