Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
10 Day VWAP period to determine shares issued to the value of £1.2m for the new acquisition in Botswana will start next Wednesday.
Current 10 day VWAP is 6.0106 which would mean just shy of 20m shares issued.
Where will the 10 day VWAP be by June 23rd???
Drive for show, putt for dough £££ as they say!!
Long may both the quietness and the SP rise continue. It's nice to enjoy a bagger without all the noise. Wonder will we get drill results before Xmas? Not many days left now. Santa might just come here yet!!
Frustrated as anyone but thankfully we have a timeline on the very short horizon.
Next week we have public commentary by Nick at Junior Indaba. Any news he wants to speak about will need to be announced prior. If he has nothing new to say at this since drilling commenced in July it will reflect not overly positive on him as a CEO in front of peers and investors (both large and small). If he says no comment due to exclusivity agreement we will at least know that.
On top of that we have the AGM where questions will be asked. He will need to answer in some shape or form. Again, they set the AGM date. Does he want an easy AGM or a difficult one in terms of questioning? If it was me I would choose an easy happy one. Why put yourself in a tough situation for the sake of pushing out the AGM by a few more weeks. Are we bound to have it next week?
Interesting week ahead
I am in Ireland. I believe there is an option to reduce down from level 5 after 4 weeks of the 6.
Even at level 5 there is zero chance of any drilling or site visits not happening.
To explain, there are Garda (police) checkpoints throughout the country, including on motorways. On motorways all commercial vehicles from vans to trucks are instructed to drive in the right lane where there are no stops. All personal cars drive on the left and a random number are pulled in to be asked where they are going. So any commercial van, 4x4 etc has a free journey whether going to a site or an office such as a lab. Any person driving a car who has a letter from their employer saying they must attend their office due to its nature (eg, cant lab test cores at home) again will be let through, although inconvenienced with a delay due to traffic jams around checkpoints.
There may well be delays but us moving to Level 5 wont be a huge factor in my opinion.
If heard correctly on the last, call a timeframe of 4 weeks from drilling to getting results was spoken about and that results would flow out regularly rather than one batch at the end.
Yes machine arrived on site last week. Said on twitter they would be drilling at night due to very warm weather. All systems go
Yes I have done this before on a failed hemp investment i had. Could track vegetation in each field over time. If someone can dig out our mine co-ordinates easily I can look through sat images. I had started to try do this for #CHF in the last few days.
Conference call link - https://edge.media-server.com/mmc/p/nwxjzxt7
Am I right in hearing around the 5min mark that they are looking for minor fund raising for further technical work ahead of the major fund raising next year?
Had thought last placing had us covered for additional technical work but obviously not.
Will this mean an additional placing coming up?
https://www.yorkshirepost.co.uk/business/fertiliser-boss-who-has-helped-mine-rich-seam-north-2938291
https://twitter.com/StockBoxMedia/status/1293501959698354176
Interview this week. Will be interested to hear any general updates or timelines