Do eramet use evaporation ponds to concentrate the brine before they put it through their DLE plant? |
The key thing here is that Eramet last week acquired licences in the Salar de Atacama in Chile from some private owners for US$95m. Theses licences are not far from our Salar de Atacama licences.It's clear that Eramet see Chile as their next big DLE play, which shows confidence in Chile and also may open up doors for CTL.Our market cap at £28M looks ridiculous.Even if they have to do a placing soon we are at a crazy market cap. I can see us soon back at 60m cap plus |
Have a look at the progress Eramet are doing in Argentina on the construction of their 24k tpa DLE plant. They are probably the most advanced DLE programme outside of China and after phase 1 are planning to ramp that up to 50k tpa.https://www.eramet.com/en/activities/centenario-lithium/ |
Why us he selling if the prospects are so great like the management have told us? I would like to ask that question. |
Surely, surely the Board should have found an investor to buy JL Jarvis, 3.4m shares at circa 28p. The current way of unloading is very very painful and how long will it go on for ? |
Straight from the CTL website as of 09-Oct-23 Jarvis had just ove 3.6M shares; once they're gone, they're gone!
Directors and significant holdings
NAME NUMBER OF SHARES HOLDING
Regal Funds* 15,622,386 14.68%
Jason Paul Baverstock 10,000,001 9.40%
Aldo Boitano 9,400,002 8.83%
Mr. F L Jarvis 3,659,554 3.44% |
An interesting little read. |
Word on the jungle drums is Luke Jarvis is still selling down his position. He did hold 4m shares I think originally. |
If you are asking my average then that says it all about your agenda.As a lth my buys 2 weeks ago I am trumps, my buys 2 months ago plus I am down. |
I don't need it. I was interested, but not so interested I'm going to trawl their site for an answer I'm unlikely to find. I'll take your response as that you can't counter the assertion, otherwise you would have provided information in an attempt to help others and protect your interests. I guess it's best I don't ask your average here ;) |
This is why we need eye and hearing tests for old people.The information that YOU NEED IS AVAILABLE ON THEIR WEBSITE. |
Rather than ignore, surely it's better to counter the bears posts. The crux seems to be that they believe there is an equity raise coming. Can anyone counter? |
This share is just perfect for traders, many of which regularly post on this very board to affect price movements based on their long or short positions. As true shareholders, you should just ignore these posts. |
I wouldn't worry about shorters. This is company with excellent prospects run by what appear to be a good management team with wide experience. Obviously i think that which is why I bought the shares but it is a new world product to be delivered sustainably. I'd like to see progress and make sure the PR is up to speed. |
Ultimately some brokers allow shorting you do this on swap a CFD contract for difference and post margin against the position. I am struggling to understand why I can't see the short positions and the rational for shorting. CTL has strong management and great product and the working capital funding for next year etc will be resolved. |
I wish they were just honest though, and saying they were going short on a stock and these are the reasons why. Like the bulls do.
To be honest, if I knew how to go short I would certainly do it at times on different stocks, like say a KRPZ which looks poorly run by the management. |
A deramping shorter arrived on lse yesterday and has been working overtime to fill the bb with the usual negativity from the derampers playbook. We just need another burst of buying like we saw on Wednesday to get the shorters closing. |
Still pressure on the sell side. |
When will we list on the ASX? |
Last two days volume tells us the seller is on fumes !Not easy to accumulate stock here. |
How does a billion dollar market cap by 2025 sound? |
nice one thanks TCoMC |
Funding you say? How will CTL fund their two gigantic DLE projects you ask?
"Glencore has also offered to provide a financing prepayment facility between $70 million and $100 million to support funding of phase 1 of the project, according to Galan". |
Enjoy:) CTL detailed in the first link.
Direct Lithium Extraction: A potential game changing technology |
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