Cleantech Lithium Share Discussion Threads

[888icb] 14/12/2023 15:13

RNS
“Open Offer
The Open Offer closed for acceptances at 11.00 a.m. on 13 December 2023. Although the Open Offer was oversubscribed by 12.5% at approximately GBP586,000, the Company was required to scale back valid applications to its maximum allotment allowance of 2,365,188 Open Offer Shares. As such, the Open Offer raised gross proceeds of approximately GBP520,000.
All valid applications for basic entitlements under the Open Offer have been met in full; excess applications have been scaled back to ensure the maximum allotment allowance of Open Offer Shares was not exceeded.
Consistent with the terms of the Placing, Open Offer Shares have a warrant attached in the ratio of one Warrant for every two Open Offer Shares allotted. Where an odd number of Open Offer Shares were allotted to an applicant, the warrant entitlement was rounded down. Accordingly, a total of 1,182,577 warrants have been granted in connection with the Open Offer.
Fundraising
The Company has raised total gross proceeds of approximately GBP8.5 million from the Open Offer and Fundraising, as described in the "Results of Fundraising" announcement published on 22 November 2023 and in the Circular.“
All good to go with shares in your account on Friday I think.

[axonic] 14/12/2023 13:32

I would say we’ll be first on the list Jitters.

[the_jitters] 14/12/2023 10:46

Does anyone think given how intrinsically tied CTL are to the people and fabric of Chile that they won’t get their CEOL’s approved?

[the_jitters] 14/12/2023 10:42

More positive news.

[oilbuy] 13/12/2023 11:54

Agreed , looking forward to the plant completion

[parob] 13/12/2023 11:43

Certainly feels like that with the price starting to nudge up now.

[axonic] 12/12/2023 08:23

This is an extremely positive move by the board to cement a long term relationship with local communities. Going forward both CTL and the local communities will benefit greatly from this collaboration, and we will all cash in on the lithium revolution. Great work!

[the count of monte_cristo] 12/12/2023 07:42

Soft power play

[parob] 12/12/2023 07:11

Great news.12 December 2023CleanTech Lithium PLC ("CleanTech Lithium" or "CTL" or the "Company")Signs Unprecedented Alliance with Indigenous Communities toCo-Develop Sustainable Lithium Projects in the Atacama RegionCopiapó, 12 December 2023 : CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF ) , an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition, and representatives of the Colla territorial communities from the high Andean region of Atacama, announced a ground-breaking agreement for the first co-created mining model for lithium extraction in Chile. The alliance, which has been formed from early consultation, will initially focus on the development of the Laguna Verde project.

[1lordjohn] 05/12/2023 17:28

The Management need to get on with delivering the milestones towards production and move on from the badly managed capital raise which damaged confidence and eroded value from long term share holders.

Hopefully in 2024 CTL will make significant progress in terms of getting production licences from the government, Getting the ASX listing over the line and raising capital after a significant re-rate in share price. Later in the year getting a good off-take agreement.

[parob] 05/12/2023 16:30

I think some are selling so they have cash in their broker accounts to buy in the open offer (with warrants). No guarantee anyone will get their quota though and some may end up buying them back for more than they sold them for.

[the_jitters] 05/12/2023 16:20

You gotta love this share. Tipped twice this week and a twitter post showing the board today discussing the plans for 2024 and here we are testing the lows again.

It’s like that pudding on the sweet trolley that everyone reaches for that’s still sat there at the end of the evening.

[the_jitters] 02/12/2023 21:17

I don’t have a link but CTL got a favourable mention along side the big boys of lithium DLE in shares magazine.

EDIT…. link below.

[parob] 01/12/2023 14:34

Good to see this ticking up. Those selling just below 22p yet keeping warrants do appear to have pretty much finished.As mentioned yesterday, I believe a lot of the placing shares will be in sticky hands as a large percentage went to current holders, so the churn time/volume might not be like your usual placings.

[oilbuy] 01/12/2023 08:32

I'm just going off what Friedland said, not qualified myself to know

[oilbuy] 01/12/2023 08:31

Volume looking good this morning

[the_jitters] 30/11/2023 20:37

That chart………… target 180p in around 12 months?

[scubadiverr] 30/11/2023 14:40

I'm not so sure about that

[parob] 30/11/2023 14:33

Looks like the consolidation phase is nearing the end and now it's free to move up. Of course there's going to be some placing churn but a lot of the institutions that took part were already holders so it might not take as long as some think. If the price goes above 22p over the next few days many will be tempted to contact their brokers (by the 11th Dec) and buy extra shares at 22p, as they will qualify for the warrants too, as well as being in instant profit, although I think demand will outstrip supply.

[bspgamer] 30/11/2023 14:31

Huge bullish W on the chart!!!

[oilbuy] 30/11/2023 10:45

Indeed we are