Cleantech Lithium Share Discussion Threads

[pogue] 06/9/2023 17:11

If they hit gas the 2nd time they would have told us by now.

[oilbuy] 06/9/2023 16:03

The news will come. CTL cannot withhold news from the market that is price sensitive.I think a little bit more patience is required. Theses guys have been working very hard as can be clearly seen by the results of FB & LV.Llamara has a gusher of a gas well. The previous owners were oil & gas explorers but found nothing and ran out of money.Llamara may have just found an energy source to power the whole project

[pogue] 06/9/2023 13:40

I shouldnt have to ask they should have told us the result of the drill either way by now.

[the count of monte_cristo] 06/9/2023 08:44

A question you can ask management when the next Ïnvestor Meet interview takes place.



6th June 2023

Llamara

· Exploration drill hole LL01 drilled to ~300m depth, encountered porous sandstone that recorded brine and a gas sequence which, for safety reasons, necessitated hole shut-in

· Brine encountered at shallower depth than expected which is seen as a positive sign

· Following evaluation of seismic data, a second exploration drill hole LL02 has recently commenced, drilling reaching a depth of 183m to date

· Field programme on sampling of surface evaporite deposit to commence in Q3
2023

"At Llamara, while unexpected to encounter gas which required the well to be remediated before reaching the intended depth, the Board is encouraged by the findings, encountering brine at shallower depths than expected. We have already commenced drilling a well in a new location which, based on seismic data, is not expected to intersect gas.

[pogue] 06/9/2023 07:50

They were drilling the next well before they announced the gas found at the first one the well is drilled long ago no news is a concern for me.

[axonic] 06/9/2023 07:41

I don't claim to have an in-depth knowledge Pogue regarding mining but as mentioned, for safety they capped LL01, so I guess they are just working out the safest plan, and maybe they don't have the skillset at this moment so are concentrating on the other 2 projects. All guesswork I'm afraid.

[pogue] 06/9/2023 06:57

Axomic
What is your theory why no results have been announced at Llamara when drilling ended in June latest? Am keen to find a positive on that to be honest.

[axonic] 06/9/2023 06:16

I'm quietly confident in Llamara and I'm expecting an update next month. Obviously,the gas find is delaying things but when you consider the fact that the Chilean gov was unsuccessful in finding gas there then hopefully this will not pose too much of an issue. Here's a snippet regarding Llamara from from the RNS in June.

Llamara
· Exploration drill hole LL01 drilled to ~300m depth, encountered porous sandstone that recorded brine and a gas sequence which, for safety reasons, necessitated hole shut-in
· Brine encountered at shallower depth than expected which is seen as a positive sign
· Following evaluation of seismic data, a second exploration drill hole LL02 has recently commenced, drilling reaching a depth of 183m to date
· Field programme on sampling of surface evaporite deposit to commence in Q3 2023

[the count of monte_cristo] 05/9/2023 12:58

With FB I am confident we will see a 20,000 tonne, long life, financially robust mine with scope for additional expansion should the resource increase...which it will do.

This would make a second, multi-billion dollar lithium project, after Laguna Verde. CTL is going to start to look very cheap based on these metrics and at some point will have to rerate.

[the count of monte_cristo] 05/9/2023 12:01

That is indeed true:))

[klosters65] 05/9/2023 11:47

You are giving the market credit for being logical. I was allowing for emotions to enter, The Fray.That's why I used the word temporary.I agree that the share price ultimately presumably would resettle at it's true value. Apologies, I am being pedantic. Overall feeling confident.

[the count of monte_cristo] 05/9/2023 11:23

I disagree, market has ascribed virtually no value to Lamara. The company aren't even valued on FB correctly. Lamara is all bluesky.

[klosters65] 05/9/2023 09:22

I agree that on balance, share price will continue to rise now. However, In the event that Lamara is not all it is cracked up to be, there will be a temporary major hiccup. I suspect . For the long run – great management and prospects.

[the count of monte_cristo] 05/9/2023 09:08

I'm expecting a run to 100p between now and end of Oct.

[the count of monte_cristo] 05/9/2023 02:45

Think about this when considering copper, lithium, uranium, ext.

[the count of monte_cristo] 05/9/2023 02:33

Just a reminder, this was the scoping study for the Laguna Verde project...

"We will be updating the market shortly on other activities including the Scoping Study for Francisco Basin."



Attractive economics with post-tax NPV of US$1.83 billion using a discount rate of 8%, post-tax IRR of 45.1% and a payback period of 1 year and 8 months - based on a long-term lithium carbonate price of US$22,500 per tonne from 2027

[axonic] 04/9/2023 19:21

Yes Klosters, hat’s off to him. He did exactly what he told us he was doing.

[the count of monte_cristo] 04/9/2023 16:07

Looking good for a strong run this autumn on the back of highly encouraging progress across the two main projects.

[the count of monte_cristo] 04/9/2023 16:00

DLE is the future for lithium, like I have been saying it's also much faster than the brine pools and these not so "green" hard rock mines.

"We will be updating the market shortly on other activities including the Scoping Study for Francisco Basin."

[klosters65] 04/9/2023 13:50

An individual with a large holding.Declared openly that he needed funds for a totally unrelated purpose.In addition, he stated that he wanted to disrupt the share price as little as possible, and therefore would only sell 10% of the turnover each day.Refreshingly honourable bloke.

[the count of monte_cristo] 04/9/2023 13:42

Who is the seller?
What did s/he/it say were the reasons for selling?

[klosters65] 04/9/2023 13:24

Now confirmed. Seller has sold all he intends to.

[klosters65] 04/9/2023 12:28

Irritating . To be fair, the seller did tell us on Telegram. Do not think has many more that he wants to sell and is retaining a decent holding.

[the_jitters] 04/9/2023 10:34

Our drip feeder is still selling by the looks of it. Hopefully any perceived stock overhang will be cleared soon and up days will become up days rather than spike and drift off days. I’d like to see CTL Rise and hold above 60p in the next week or two.