When future revenue runs into hundreds of million or even billions some strategic partners will want to participate to gain a share of it, so they will be likely to fund the project in exchange for their share. If that were to happen the Company does not need to raise funds to finance the project. Just manage it and let the profits flow. |
888ICB that was a very detailed and professional presentation. I feel sure we are in good hands with Steve Kesler until they appoint a new CEO and Steve reverts to Chairman.
Very informative. |
Mining is a long term project. It rewards patient shareholders. As a project moves closer to production that's when the share price really moves ahead. Those who bought in at the early stage and sit tight will gain the biggest reward. |
Up we go 😊 |
The market will wake up at some stage how undervalued we are. |
It looks to me like we could continue to recovery in the share price with another move up soon. |
I will look out for it this evening and listen 888ICB |
The next fortnightly presentation is today at 6pm on Investor Meet. Gordon mentioned that Steve is just back from Chile and will give a report on his trip. |
Good interview 1Lordjohn. Gordon Stein was clear there is a lot going on and with all the assets we have the company is undervalued when comparing with similar companies. Listing on ASX is coming it's just when. |
I have added more shares to my portfolio after listening to the interview podcast of the CFO. |
If it moves to 20p in the short term that is still only around the start of year price. Gordon Stein talks about valuation in his interview today and that is more along my lines of thinking. The sooner the stock is listed on the ASX the better. AIM is full of cowboys..... |
Wow - good for the shareholders that CTL is recovering.
I am staying away given dubious dealings of the recently resigned CEO - he is still with CTL as an advisor... who know what other issues might pop up!!!
ALL a much better buy :) |
Another move up as we move towards 20p. |
That was good news this morning and the share price continues its journey upwards. |
The market capitalisation of CTL is £17 million.
Compared with the following announcement today by TM1 below,I should see much potential in CTL.
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce it has signed a binding Heads of Agreement to sell its interest in exploration licences in Leinster, Republic of Ireland. This is envisaged to be effected by the sale of 100% of the issued share capital of LRH Resources Limited ("LRH") held by the Company to European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) ("European Lithium") for a gross consideration of US$10 million ("the Proposed Transaction"). |
Momentum is building up for the share price to rise to 20 p soon. |
 It is very positive that they have obtained unsecured finance to commence the payments on the licenses:
“ Steve Kesler, Chairman and Interim Chief Executive Officer, CleanTech Lithium PLC, said:
"Acquiring the 23 Laguna Verde licences under new commercial arrangements, so the Company has full ownership as well as control, is a prudent decision, which will support potential long-term returns to investors. The Company has also been advised that gaining full ownership of the licences will clear the path for the dual-listing on the ASX. While the timing of this decision has been driven by the ASX listing requirements, it was always planned to make these changes for commercial reasons and to provide our shareholders and potential strategic parties with clarity on the ownership position and amounts payable over time. The Board is pleased to have reached agreement with the Vendors on this matter and thanks them for their flexibility over the course of the past few months.
"Having been offered attractive terms by a third party to fund the first staged payment through a convertible loan facility, the Board felt it was prudent to take up this offer, allowing us to continue to focus our existing resources on our ongoing and planned work programmes. We are grateful to the new convertible loan note holder who has demonstrated real confidence in our plans.
"I would also like to recognise and thank our previous CEO, Aldo Boitano, for his crucial role in bringing both these agreements to a successful conclusion.
"Now that these changes have been made, we will look to dual-list on the ASX, with the relevant documentation on this now being under way. We will update our shareholders on this in due course when the application has been made."
Australian listing requirements are stricter than most involving extensive due diligence. The fact that the Australians require todays action to secure the listing is a big positive for me as is the fact that CTL have been able to obtain the finance to comply. |
Market seems to like it. |
It's unusual to see a RNS on a Monday. Nice one! |
We really need an update on Llamara. We own licences there so it would be good to find out exactly what the partial exclusion means. |
The next milestones:1. Operating output data of the Pilot Plant (April).1a. DLE process analysis results and is it to battery grade Li +99.5% with low impurities (mid May).2. Listing on the ASX (with small raise) in May.3. Latest LV Drill results (July)4. Granting of CEOL (development permit) process July onwards.With initial announcement/naming of which Salar's will be eligible to be developed,And granting of CEOL in due course.5. PFS6. Offtake discussions (after PFS issued) by end of this year.7. Environmental Impact Assessment (EIA) by end of this year.8. DFS by mid 2025.info above mostly noted from recent video presentations. |
Break through 15p and on up towards 20p. Under the radar at present IMO. |
15p paid so unless a flood of sellers then another move up is coming. |
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