The plan will require a complex mix of equipment, including at least one of a so-far unproven fleet of direct lithium extraction (DLE) technologies to filter the metal from the brine.
Exxon has built a pilot plant in Houston and spent recent months testing various DLE technologies, producing small amounts of battery-grade lithium, Patrick Howarth, head of Exxon's lithium business, said in an interview on the sidelines of the Arkansas Lithium Innovation Summit in Little Rock.
Howarth, who has worked at Exxon for nearly 19 years, said the facility allows the company to test how the DLE processes interact with the rest of the vast network of equipment needed for production.
"DLE is a small part of a really complicated process that has many different steps," said Howarth. "We're really focused on how do they interact with one another." |
Looks like CTL bi-weekly updates are now on Investor Meet platform. |
Anyway, back to actual real things. The 100k buyer is back. |
How colourful. |
free stock charts from uk.advfn.com
CTL log chart showing EMA's and 14 day RSI. This chart is Strongly Bearish. The CTL share price needs to rise above the 20p Resistance level. |
papillon 23 Jan '24 - 15:16 - 2372 of 2427 Edit 0 2 1 If one looks at the long term linear chart in the header the very bearish H&S pattern that finally formed in Q4 2023 gives a possible target share price of zero! I don't suppose it will go that low, but less than a month ago the 20p support level failed. Not good news. I wouldn't like to guess where this will bottom out.
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I posted the above about the very bearish H&S appearing on the CTL chart on the 23rd January. The 20p chart Support level now becomes a Resistance level. I can't predict the future so I won't even attempt to! |
Yes, positive |
Impressive reversal. Blue finish extremely bullish |
It's a classic profit take after a major upward move, healthy. |
I think this is more the bank rates "higher for longer" story hitting the headlines again. This has happened several times now in the last couple of months and hits many commodity shares and others with limited cash visibility. Of course CTL's recent share price rebound will have encouraged the profit taking here. |
Profit-taking before the attempt on 20p. |
Have i missed something, why the sell off? |
Why is this down? Sames holders in Ben's creek? Need margin? |
Here's the link to the webinar for those that missed it. As Mr M said, there were some technical issues but the content was very useful and extremely positive. |
Nearly full offer being paid again, thanks for heads up on webinar above from those that posted and graph looks v. interesting.....DYOR |
Market makers seem confident of a reversal here , maybe a large buy order in as sales are at premium |
My thinking too. I missed the first 8 minutes so will relisten...unless they said "all of the following is fiction '?! |
CoMC, I missed the first one on Jan 24th but it was added to the CTL website (Media page) on the 25th. So I would expect yesterday's webinar to be added sometime today. |
Great, if anyone has the link please post it. |
A positive webinar and really good to see and hear from Alvaro... very knowledgeable. DFD had tec issues during but on the whole I thought it built up the picture of what's going on behind the scenes and the huge potential. All good imho. Bwmm |
Decent sized buys again. |
18.92 fir 50k with IGNeed break 20p and we're onto the next level |