Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The 😈 in me would suspect our sp is purposely suppressed following the pfs publication… preventing us from progressing further and doing our own dfs to realise the 3x premium on the sale price that would come with it…
$237m to $675m…
And because they will be providing the fixed price epc contract… along with the necessary guarantees, project finance insurance and debt financing… who’s to say they haven’t already embarked on a dfs level study on behalf of their prospective financiers…
On a 67%fe pfs with an anticipated npv $1.5bn…
pfs $1.5bn* - 84.2% discount = $237m…
dfs $1.5bn* - 55% discount = $675m…
we are fully committed to this and will only revert to plan b if it proves impossible to do a 67%fe product…
Engaged late last year…
https://www.lse.co.uk/rns/KDNC/strategic-development-and-financing-b3emdmzwcgoalyu.html …
The MOU is the result of our ongoing discussions between the parties to progress the development of the Amapá Project jointly…
It’s been suggested (by professionals) that the value of amapa based on the current pfs published is:
$978m - 84.2% discount = $154.52m…
the $110m is our dipb investment valuation from the jrp to further progress the project to dfs and realise the uplift associated with that:
$978m* - 55.0% discount = $440.10m…
At the end of September 2023, Cadence's total investment in the Amapá Project stood at approximately US$12.1 million, with the equity stake in the project standing at 32.6%. As of March 28th 2024, Cadence's total investment in the Amapá Project had increased by approximately US$1.1 million to a total investment of approximately US$13.2 million, and consequently the equity stake in the project now stands at 33.6%…
1% for $1.1m… (100% $110m)…
33.6% $36.96m kdnc…
amapa’s present valuation reconfirmed…
mcap end q124 £9.03m…
From 7th march rns…
Given the above potential improvements and discussions with potential development partners, we have determined that it is best for the timeline to incorporate the feasibility study into the project's implementation phase…
😡 syntax error…
40gwh battery production… beginning 2026 (within 34months)… will need a 34ktpa lce supply (850g lce/kwh)… put into perspective that’s the bcn sonora lithium project stages 1&2… who where how… 🪄 🫤 🔎
Tata confirms Somerset will host £4bn battery factory https://www.bbc.co.uk/news/uk-england-somerset-68412570 …
The dfs hikes the current value of amapa up significantly… from $154.52m to $440.10m… a 3x premium… $300m… and sinoma would surely have completed their detailed proposals and costs to complete the dfs by now… if it was still on the cards…
I’d agree… the fact that it isn’t mentioned could imply that we no longer intend to do it… probably because the investor/buyer doesn’t want to pay the premium that would be incurred if we do it… look at page at 00:55seconds… strategic partner…