We are heading in the right direction SOS100 and there is plenty of news expected over the coming weeks and months so hopefully you will soon be back to breakeven and then into profit...... I was going to add a fingers crossed emoji but that shouldn't be necessary so a 👍 |
miles away from my break even but welcome rise, hopefully continues... |
Little dip and the rise continues. |
A nod to CTL's (and ALL's) recent move off the lows on the FRG thread today.
FRG has seen a slow and protracted slump over many months and is now valued at less than a barely visible £3.5M.......awaiting (slightly delayed) RC drill results from the ATEX lithium prospect.
First round of drilling produced pretty solid results with one very high grade result that, at the time, was one of the best produced globally among its peers.
18M $ drill collaboration in place with Ricca to take ATEX to DFS.
Highly speculative so ADYOR. I've no idea what the next drill results will bring but looks too cheap on the known knowns.....despite the cheap lithium price.
One for the watch list. |
That hypothesis would make some sense, pleasing to see the sentiment changing. That's these small caps, overnight things can change and ones previous loss of 50% in their portfolio is now back in profit. |
There is a school of thought the shares the previous CEO "Lent" and were then sold are being covered. It was certainly a great opportunity for those who were able to buy at between 10 and 15p this year. It would be great to see further share price progress before the news flow due this quarter and the ASX listing. |
Kingston just filter the trolls.
The only thing to remember about the best day for CTL for some time is it was Number 6 on the Leaderboard Up 22.22% at 22p on volume of 2.45 million. We are back to the price of the last placing in November and let’s hope this rise continues as from this point I am making money on the shares I bought in that placing. |
It looks like that there are many uneducated readers here who want a one liner. |
Kingston78Geeeez you need to get out a bit more I nearly fell asleep reading you novel I bet people avoid you at parties Quickly grab your note pad and pen there's a bus going by and you can write down the number in your spotters note book Pips |
Great share price performance in last few sessions.
Plenty of news to come and potentially a lot more upside in the share price |
 I have studied the technical indicators again of the share chart. The MACD has cut upwards crossing the signal line, now above zero (a buy signal). Momentum is rising, to 70 and the slow stochastics at about 72, both cutting upwards above their respective signal lines.
In July 2023, the MACD went all the way up to level 6 (currently 0.5), when the then share price shot to 65 p, then dropped to 50 and soon rose to 60 p level.
There is a similar chart pattern building up here now.
In my humble opinion, this is the right time to buy because on a balance of probability, the upside far outweighs the downside. I suspect that there will be more than one positive earth shattering announcements in the near future. If you watch the recent video interview of the CFO he has provided (within limit without disclosing market sensitive information)indication of a strategic partnership. My view is that someone will finance the project for a share of the future profit of the project, such that CTL is free from financial burden and it itself will become very investible. |
Also back to the last placing price in November. |
Back to my average buy price now. |
Nice to see it double after the business as usual RNS, long way to go still, GLA |
Still going |
In charting terms and in simple English the shares are marching on. There is no resistance now, as 20 p is crossed, all the way to 40 p and then 60 p. I always believe that history will repeat itself in everything in this world. Therefore, the share price will reach 60 p again in my opinion.
Everyone wants lithium batteries until an alternative material is discovered. As reiterated before, I would not be surprised that one or more strategic partners will jump in creating significant value to the company. That will transform the fortune of the company. |
When I took up my shares and extra shares at 22p in the Open Offer last November I thought that was the bottom and I was averaging down. I hope that the current rise continues to take us back to 22p and beyond. We certainly want the share price well above 22p when they issue shares in Australia. The potential here is massive and it is good to see a recovery underway. |
Looking better, been a tough hold. |
Could break 20p today :-) |
Nice buying to start the morning off:) |
In August and October 2023 the share price reached 60 p. History will repeat itself this year. |
The share chart is positive, with the MACD crossing the signal line, indicating further gains ahead. Once the 20 p level is crossed, the 40 p level beckons. This is a medium to long term buy. |
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