Very welcome to see such positive movement and hopefully well deserved! Positivity in the last several months seems to have been rewarded with price markdowns! |
Up 10.26% at 21.5p on volume of 330000. Very pleasing to see the strong rise continuing as CTL approaches the important milestone of 22p which was the price of the last placing. |
Striding away again today 😊 |
Rising again after that dip. Very strong day. |
888ICB, I sympathise with your situation. You will see from the share chart that the share is on an uptrend, with a first target of 25 p. If it stabilises at that level it will break upwards to 40 p on good news. Bearing in mind the political and economic tangles around the world we should recognise that natural resources are desirable. Large corporations and wealthy investors would invest in resources for the long term. I think that CTL's projects in Chile will come good. In fact, by way of financial engineering, the company may monetise future income streams by banking in cash once the projects are in place. |
As an existing investor I am pleased to see the recent rise but it needs to continue for some time before most investors will be anywhere near break even. The company last had a placing and open offer last November at 22p which was at a large discount to a shareprice that had declined sharply. I took my 22p shares and bought more thinking that was the bottom but unfortunately it wasn’t. So we need to rise another 3p just to get back to the last placing price.
I believe CTL to be very undervalued against its potential and look forward to the good news that will move this share to a much higher level. |
Cleantech is a quiet share. It is good for investors to accumulate shares in this company at a decent price without bidding it much higher. It will shoot up on good news. That will be rewarding to existing investors. |
Uptrend continues unabated. |
Onwards and upwards. |
Up we go again 😊 |
Slowly but surely the uptrend continues. |
Quite feasible. |
Solgold (SOLG)has secured financing for its gold-copper project with a third party, and its shares have just risen by 25% this morning.
I expect that after granting of mining licences by the Chilean government to Cleantech by the end of August 2024, it will announce project finance with third parties, and its shares will rise quite substantially because of its low market cap. My target price is 40 p within 12 months. |
Held the early rise which is good to see. |
Good points Thebiglord. |
Very undervalued and hopefully the ASX listing will address this. Equally the Chilean government announcements due late August will be important. |
Pleased to see the recovery continues. |
We are undervalued but we do need to get further down the line. |
CTL is currently capitalised at £24 million. I have discovered that there is a lithium mining company called Atlantic Lithium Ltd (ALL) operating in Ghana capitalised at £133 million (about six times the value of CTL). ALL has submitted for the application of grant of its first mining licence by the Ghana government.
I may be comparing apple with pear, I just wonder whether CTL has a much promising prospect in Chile than ALL in Ghana. |
Heading in the right direction at least. |
When the next announcement is made by the end of August I expect a positive one from the Chilean government to grant the company mining licences. Soon after, the company may announcement JV with other parties contributing mainly the project finance for a share of the future revenue. It is going to be a win-win situation. Let the money roll into the company's coffer and let other parties fund the projects.
Looking at the chart it is quite possible that it may regain the 40 p level. |
Steadily recovering from Oversold position. |
A good morning for a change. |
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