Cleantech Lithium Share Discussion Threads

[the count of monte_cristo] 24/1/2023 15:55

Looking forward to seeing that Francisco Basin Scoping Study:)

[the count of monte_cristo] 24/1/2023 15:48

Looks like another move up.

[sig1978] 24/1/2023 15:35

About to take off!

[the count of monte_cristo] 24/1/2023 15:09

It'll get there, meanwhile one can accumulate stock at these depreciated prices.

[oilbuy] 24/1/2023 15:06

This company is very much undervalued. Based on info known we should be over £1

[klosters65] 24/1/2023 13:29

Count Did they tell you - we are on a winner .

[the count of monte_cristo] 24/1/2023 13:25

I spent it all on books (:

[klosters65] 24/1/2023 13:10

Have none of us any funds left ? Meaningful moment - 3 Brokers bidding 50p.

[the count of monte_cristo] 24/1/2023 12:28

mrmarmalade, nice, I'll add that to my reading list. Need to finish the excellent book noted below first.

hTTps://www.amazon.co.uk/New-Map-Energy-Climate-Nations/dp/1594206430

[klosters65] 24/1/2023 11:36

Agonisingly close now.

[klosters65] 23/1/2023 16:06

Poised to return to a 50p + bid.

[mrmarmalade] 23/1/2023 11:41

Klosters and Count..no probs.
Volt looks worth a read..just going through World For Sale atm..equally fascinating.
BW MM

[the count of monte_cristo] 23/1/2023 07:37

Marmalade, thanks for your posts. If you or anyone else wishes to find out more about CATL and many other relevant information on the green metals I highly recommend reading the excellent book 'Volt Rush'.

hTTps://www.amazon.co.uk/Volt-Rush-Winners-Losers-Green/dp/0861543750

[klosters65] 22/1/2023 12:21

mrmarmalade Thanks for giving us the benefit of your research and time.Yes, I think we are at the right place with CTL.

[mrmarmalade] 22/1/2023 08:14

Update to above
I have now re-listened and the main points (many of which some of you already know)....
CATL wins the bidding process (china's main manaufacturer of batteries)
Bolivian president hails as an historic day which marked the beginning of the industrialisation of Lithium in his country.
Said the consortium would invest over a billion dollars in the first stage of the project.
Nearly two thirds of the worlds Lithium is found in the salt flats of Bolivia, Argentina and Chile and it is known as the Lithium Triangle.
Diego Von Vacano (Bolivian Political Science Professor Texas A&M) is an informal advisor to the President states it is very important given the energy transition. Bolivia has the largest resources in the world but largely untapped. There is a lot of Brine in these countries, rock harder to mine and environmentally damaging so thinks the triangle can show us hope for the energy transition if Bolivia can get its act together and change the entire industry.
When asked why China and why has it taken so long...
1. The new technology for Brine was not available till the last 5 years for Bolivia.
2. Bolivia spent almost a billion dollars on the ponds/lakes immitating the Chilean model in Evo Morales period.
3. These have been pretty much idle in the last ten years.
4. Primarily due to high levels of Magnesium as well as high rainfall making seperation difficult.
5. The other reason is political with resistance to following the Morales proposal from very powerful civic groups.
6. Environmental objections to DLE are much less.
7. The 7 or 8 companies that initially made proposals- water use was the issue but some of these used much less and some almost no fresh water used (ie. recycled into the system).
8. The lack of transparency in choosing a preferred bidder was also an issue.
9. Bolivia is trying to develop the Lithium Law which at present is just an agreement with CATL.
9. Diego predicted CATL would get selected due to its size but it cannot legally operate on its own as currently only state company can extract.
10. This is why there is no guarantee that CATL will be allowed to commercialise this if no law is passed and also where will the profits be shared.
11. The Bolivian govt want complete control of any plant and this is why many countries are not pursuing this country's resource.
Phew...all in all..CTL right place right time.
Best MM

[mrmarmalade] 22/1/2023 07:23

Count...thanks for the post.
Just now was listening to the World Service (Weekend show starting at 6.06 22.01.23 not yet available on Iplayer catch up)and this very subject was mentioned!
It explained how CATL want to spend these billions on developing a DLE mine as well as the Lithium triangle and its strategic importance. Importantly, the technique was described as the green alternative to Salt Beds and tricky due to the high levels of other minerals BUT the whole thing needs the Govt of Bolivia to change the law as they do not allow a non Bolivian company to do this. This is key to the unlocking of this investment and not a given apparently.
Reading between the lines my take was that in choosing Chile this should not be an issue and also DLE is the preferred environmentlally positive extraction technique.
IMO a positive read across to CTL.
ATB MM.

[the count of monte_cristo] 21/1/2023 06:33

China continue to strategically position themselves to dominate the 'future' industries by acquiring the materials needed to build the future, also see post 965 on this subject.

This is positive for companies like CTL, because it further strengthens the position of these lithium brine projects as highly investible, long term, hugely important global projects. We will no doubt see increasing activity across the lithium brine sphere and those projects with 'green' credentials will be the most sought after and acquire premium prices when any deals are done.

Nice video in the below link as well.

hTTps://www.bbc.com/news/world-latin-america-64355970

Chinese firm Catl to develop huge Bolivian lithium deposit

More than $1bn (£807m) will be invested in the project's first phase, he said.

[the count of monte_cristo] 20/1/2023 12:21

Lovely all expenses world trip paid for the management :) To be fair the ones in the UK and Europe can be covered by the English guys, with the Americas covered by Aldo.

One would suspect increased buying to come in over the next few months as news flow comes out and the story gets out there.

hTTps://www.londonstockexchange.com/news-article/CTL/preliminary-events-schedule-for-h1-2023/15804811

[axonic] 20/1/2023 09:58

But weird, stock exchange current status is ‘Market closed’

[sig1978] 20/1/2023 08:41

Back above 50 today should be

[the count of monte_cristo] 19/1/2023 08:55

Another example of a lithium project gaining funding...again it is the Chinese. While the Europeans and the Americans dither and debate, the Chinese act and continue to accelerate their position in the lithium and battery industry.

They are also doing the same with the REE projects in Africa, again, while the Americans and Europeans talk about how they can diversify their REE's away from China the Chinese are simply acting first and buying up the projects outside of China, where they can do that.

hTTps://www.londonstockexchange.com/news-article/KOD/major-funding-package-for-bougouni-lithium-project/15802486

[the count of monte_cristo] 16/1/2023 13:48

I ban the new users/losers as they are created.

[klosters65] 16/1/2023 11:47

Guys, Not only do not talk to him but do not talk about him.

[stubowl1] 16/1/2023 11:36

Recon they shorted at 35?? Oooops