The warrants given to the lenders of the new loan notes provide a subscription price for ordinary shares at 24 p , by referencing to the recent price of 14 p.
The lenders must be reasonably happy that there is good value in the company otherwise they would have negotiated a lower subscription price. |
Be patient everyone. This will turn soon. |
All the progress made on the verge of transformation of the company and down we keep going. Total madness. |
Down again this is ridiculous. |
Down again. Most disappointing after all the progress made of recent weeks and months. |
That was disappointing after good news this morning ending up back exactly where we started. |
The company is on the right track. Once the licences have been granted I look forward to announcements of JV by third parties funding those projects. |
Yes Steve is keeping things going in the right direction. We’ve a good man on the bridge. |
 What an excellent RNS this morning; things are starting to move a pace now. GLA.
Expressions of Interest Submitted
CleanTech Lithium submitted the Laguna Verde and Viento Andino Expressions of Interest ahead of the deadline of 17th June 2024 set by the Chilean government. The RFI process is for the Government to collate interest from all companies and review the suitability of developing a lithium project on all the salars in Chile that were identified as open for development. The Government will consider if consultation with local communities is needed before proceeding with the process to award a CEOL. CTL has maintained open dialogue with local communities since inception of its projects and signed a collaboration agreement with key local communities in December 2023, receiving their strong support for the development of CTL's sustainable lithium projects.
A third RFI submitted relates to the exploration licences CTL holds in the basin of the Salar de Atacama, which are significantly outside the salar margin, and the area designated as strategic under the National Lithium Strategy. This has been designated as the ´Arenas Blancas´ project. The Company has submitted a joint venture RFI with a private Chilean company with the combined licence area of the two companies having good prospectivity. The submission provides a compelling alternative for a sustainable lithium project in the region with a DLE based extraction-reinjection model that protects the hydrogeological balance of the subsurface aquifer and provides for innovative ways to work with the local community.
Two further RFIs have been submitted in joint venture with another party over salars that have been declared by the Government as open for lithium development. Details of these submissions remain, at this stage, confidential but if CEOLs are awarded for these an appropriate announcement will be made. |
CTL and LME doing well today ...breaking out |
What is happening here? |
It does Brettmo but we will have to wait and see. Everything appeared to be going well but they’re could be a hitch of course. |
some shake! It seem to smack of some type of leak. |
Could it be a big tree shake by the market makers maybe? |
Anyone understand what is happening? It makes no sense to me seeing the share crashing like this. |
Steve does give a good interview and clearly explains the progress the company is making.
The market will wake up to it eventually. |
A few good interviews from Steve are focusing on the ASX listing. As soon as this happens, the valuation will start to move in the right direction. |
I had expected CTL to have done better Sp wise with the fantastic progress that we have had recently.
Everything has not just gone well but I thought better than expectations. |
Looks like we are going to need some more news before we see the share price progress again.
Surely with all the strides the company have made recently this is well undervalued. |
I agree 888ICB the volume is low but that could change at any time. |
You could well be right the volume is low at 62000 but of the 14 trades 12 are buys with a volume of 56000. |
Looks to me like we are close to a share price moving back up again. |
Recent retreat in the share price looks overdone to me. Chance for another top up before the next newsfeed. |
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