Cleantech Lithium Share Discussion Threads

[the count of monte_cristo] 04/9/2023 08:20

Decent update.

[the_jitters] 04/9/2023 08:16

News on the DLE plan from CTL this morning.

hxxps://polaris.brighterir.com/public/cleantech_lithium/news/xml_rns/story/w9mkldx

[the_jitters] 01/9/2023 09:32

Todays buy trades all showing as sells. I added some today after selling my RIO. I’m becoming a one trick pony!

[pogue] 28/8/2023 12:18

No mention in the interview about Llamara news coming in the next couple of months. The ASX listing takes up prime spot in the forthcoming news flow segment at the end.....

[the count of monte_cristo] 25/8/2023 11:37

Me too, been lovely going away and doing nothing to my portfolio.

[pogue] 25/8/2023 11:13

just back from one, used proceeds from selling PRD near top to pay for it :0) Been a good year for me so far.

[the count of monte_cristo] 25/8/2023 11:10

pogue, take a nice long holiday:)

[arab3] 25/8/2023 11:03

well done, good luck going forward

[pogue] 25/8/2023 10:49

sold near the top and rebought lower. Presidente caught me out but bought more after that.

[arab3] 25/8/2023 10:44

so did you sell at the top or hold all the way down ?

[pogue] 25/8/2023 10:25

I was here, that was what happened.

[arab3] 25/8/2023 10:21

all the way to the 30s pogue, seems a bit extreme

[pogue] 25/8/2023 10:19

arab
profit taking followed by a idiot presidente mentioning nationalization when that was not what he meant.

[pogue] 25/8/2023 10:18

count
Should double the share price as it is twice the size of the other prospects put together but all depends on how dense the lithium is in the brine really. The lithium is there it should be noted due to it having bubbled upto the surface of the salar.
Painful waiting on those drill results though.

[arab3] 25/8/2023 10:17

what caused the drop from the 90s ?

[the count of monte_cristo] 25/8/2023 09:42

Pogue, fingers crossed for Llamara, as you say if it comes in we are off to the moon.

[the count of monte_cristo] 25/8/2023 09:42

Personally I would say a rally price of 100p is more appropriate, based on psychology and the previous high. If it breaches 100p then a run towards 120p would be likely as FOMO kicks in. I say this all playing out between now and the end of Nov. IMHO.

[pogue] 25/8/2023 09:40

You think the Llamara result will be negative then? Personally I see it putting a rocket under the share price

[allstars001] 25/8/2023 09:37

ThxThinking of buying but given volatility, I think good opportunity to get in lower

[pogue] 25/8/2023 09:34

Allstars
welcome to the CTL board I see you are a very infrequent poster on ADVFN.
There will be a small fund raise going to Oz it is necessary for the listing to succeed not because they need the cash. The company have already stated that. Thinking off buying are you or looking for a lower price?

[888icb] 25/8/2023 09:14

Simon Thompson today highlights the technical case for a close above 67p leading to a rally towards 94p. But remember that is only the immediate story. The 12 month story was set out in his previous article on 17th July “ A Lithium stock with a potential sevenfold return” when share price was 40p. This was the concluding paragraph:

“ Material undervaluation

So, although CleanTech’s share price remains the laggard in my 2023 Bargain Share Portfolio, I firmly believe that the potential for unlocking the value embedded in its key projects is being materially undervalued in the company’s £42.5mn market capitalisation. I am not the only one thinking this way as Canaccord Genuity’s 295p target price is more than seven times the current share price.

That target may seem punchy until you note that Arkansas-based Standard Lithium’s (US:SLI) has an enterprise valuation of C$945mn (£550mn) even though its lithium reserves are only twice as large as CleanTech’s. Buy.”

[allstars001] 25/8/2023 09:00

Could a potential equity raise be looming, potentially holding the share price back given their high cash burn rate? It could be announced with their ASX listing?

[888icb] 25/8/2023 08:47

Another positive article from ST in IC:
Take advantage of profit taking at this lithium stock

A mining company in Chile has announced a major upgrade to one of its key projects
August 24, 2023
By Simon Thompson.
The conclusion:
“ CleanTech’s share price rallied from 40p to 67p after my last update (‘A lithium stock with a potential sevenfold return, 17 July 2023) taking the price close to the entry point in my 2023 Bargain Share Portfolio. From my lens, the subsequent profit taking has created a repeat buying opportunity given scope for multiple positive share price catalysts to drive a re-rating and narrow the 81 per cent share price discount to house broker Canaccord Genuity’s 295p target price.

These include the forthcoming dual listing of the shares on the ASX. Australian-based shareholders make up around 31 per cent of the share register and have been urging the company to dual list on the ASX. That’s because they believe that with the greater knowledge of natural resource and lithium investing by the institutional and retail market in Australia, CleanTech would receive a higher rating closer to that of lithium company peers listed on the ASX.

Bearing this in mind, the listing prospectus will include an updated competent person's report (CPR) that incorporates details of the current work programmes and resource upgrades, thus showcasing the investment case to a broader geographic pool of institutional and retail investors. It can only improve liquidity in the shares and increase the investor base.

From a technical perspective, a close above last month’s intra-day share price high (67p) would open the door for a rally back towards the 2023 record high (94p). Buy.”

[smackeraim] 25/8/2023 08:34

https://www.investorschronicle.co.uk/ideas/2023/08/24/take-advantage-of-profit-taking-at-this-lithium-stock/