Cleantech Lithium Share Discussion Threads

[deanmatlazin] 09/9/2022 11:30

Just a reminder - for comparison . Companies who mine in the famous Lithium Triangle



Galan market cap £230m

Lake Resources market cap £870m

CTL ONLY £47m - Still has a lot of legs to go upward :)

[deanmatlazin] 09/9/2022 11:10

Am hoping this will do a Ben Creek . 12 bagger in few months :)

[deanmatlazin] 09/9/2022 11:09

Count

You are right. I am eagerly waiting for the news. Fantastic news will take us above £100m market cap. If funding to develop a mine with either Chinese or Japanese in place, this will go beyond £200m market cap.

The board members are veterans in lithium industry. I am sure they know how to wheel and deal :)

[flashheart] 09/9/2022 11:07

Exactly Count and to be honest 90p is absolute peanuts. The re rate should take us well beyond that and then eventually a 'bunfight' by suitors to actually buy it out.

[the count of monte_cristo] 09/9/2022 11:05

Honestly, who cares what Zak said. He doesn't know that much with his charts...most people on here have a much better understanding and idea where this is going.

[deanmatlazin] 09/9/2022 10:56

Hoping will be at par at least with Galan Lithium = £230m market cap

This got plenty of legs to go up. Zak Mir said 90p. I said £1+ on publishing the result :)

[deanmatlazin] 09/9/2022 10:49

up to £1 next stop on publishing the result :)

[pwhite73] 09/9/2022 10:41

Now if CTL was formerly Chilean Lithium Salars Spa and it was acquired by MGX Minerals then what is this CTL listed on the AIM.



MGX Minerals to acquire shares in Chilean Lithium Salars SpA

Published by Claire Cuddihy, Assistant Editor
Global Mining Review, Tuesday, 09 October 2018 11:30

MGX Minerals Inc. (MGX) has signed a definitive option agreement, after completing the due diligence in relation to the Memorandum of Understanding (MoU) dated 8 August 2018, to acquire 50% of the issued shares of Chilean Lithium Salars SpA (CLS). CLS is a wholly owned subsidiary of Chilean Lithium Salars Pty Ltd. (CLSH) and holds a 100% interest in three prospective lithium exploration projects located in Chile, including Francisco Basin, Laguna Brava and Laguna Escondida Lithium projects.

[scrutable] 09/9/2022 10:38

zippysix8 Sep '22 - 09:57 - 270 of 289

The most likely contender for the non lithium battery market is one of the few chasing the difficult problem of creating a solid state battery ie one not relying on the dangerous flammability of liquid lithium batteries.

There are few competitors to CPX and Tessla's acquired Maxwell subsidiary and all the CPX competition is failing in patent litigation - probably Tessla too, which awaits a Court decision from the same judge who found for CPX - but anyhow these supercapacitors are at the moment restricted in size to power for 'personal needs'

The most hopeful replacement for car sized solid state power is still in development by IKA, which forms the backbone of such an advance through the UK Gov backed Faraday institution. See IKA RNSs AND


IKA already has a production line and customers for low voltage solid state batteries, with the Goliath battery on test for vehicle power aimed to launch in 2024
There are unsupported claims that Quantumscape in the USA is attempting something similar.

[pwhite73] 09/9/2022 10:35

I don't have the time at the moment but you need to dig deeper to find out what's really going on.



"CleanTech Lithium Ltd, formerly Chilean Lithium Salars Spa, is a lithium producer with three strategic projects in Chile, all located in the Atacama Region. Currently, CTL is focused on the Francisco Basin project and the Aguas Calientes project. The company uses an extraction method known as direct lithium extraction (DLE) using solar energy to power the process."

If CTL is a already a lithium producer then what's all this nonsense about Sunresin and DLE.

Be careful.

[sig1978] 09/9/2022 10:26

I think another week or so we will be 80-90p

[pwhite73] 09/9/2022 10:24

SCRUTABLE/deanmatlazin - Don't run before you can walk. CTL need to acquire extended exploration and exploitation licences and some serious financial backing. Given the rising price of lithium and its needs over the coming years many companies are springing up all over South America claiming they have the right to exploration and exploitation licences. When and from whom did CTL acquire their licences. Their acreage at Atacama Salar appears to overlap with a Canadian company called Wealth Minerals.

[deanmatlazin] 09/9/2022 10:17

up to £1 :)

[the count of monte_cristo] 09/9/2022 10:17

Right, LKE rerated something like 400% in 6 weeks when it started to release similar news flow as we have pending. Worth studying and musing about that:))

[deanmatlazin] 09/9/2022 09:56

Galan market cap £230m

Lake Resources market cap £870m

CTL ONLY £44m - Still has a lot of legs to go upward :)

[scrutable] 09/9/2022 09:55

The Lithium companies joining the many already established in the lithium triangle are all, unless among the 9 recently invested in by Sun Resin, based on solar evaporation, having subsequently to separate out the other constituents, like halogens and metallic salts. The SunResin patented DLE process extracts only the lithium on a continuous basis, and cuts massively the process time and cost. We are promised delivery of battery ready lithium during 2023 and therefore access to the current high rising price and makes the company, I believe the most valuable contender amongst the purely lithium miners, but at the same time one with the lowest share cap.

[the count of monte_cristo] 09/9/2022 09:52

Not aimed at you. At our resident Victor Meldrew...I don't believe it!

Anyway, time to watch the NRL and the Panthers.

[stubowl1] 09/9/2022 09:47

As I said Count, I'm not de-ramping against a chunk of my own pension! just looking for the bear argument as I cant see one. To good to be true and all that.

[the count of monte_cristo] 09/9/2022 08:49

Dean, could be a European player who funds us, like a BMW, VW or Mercedes. We know that the management are focusing on the Europeans because they have no real lithium coming in from domestic markets and they want to source 'green lithium'.

Interestingly, if you listen to Robert Friedland he is very bullish on the geothermal renewable energy. Most enlightening listening to anything he says.

[stubowl1] 09/9/2022 08:27

Granted, I did expect the RNS this morning. Maybe tonight to build interest over the weekend?? I tend to try and look through what company figure heads are saying to the underlying information. A late rns doesn't worry me too much. There could be myriad reasons for the delay of the scientific information.

[klosters65] 09/9/2022 08:24

What a narrow life you must lead. Sometimes events are delayed for good reasons.

[pwhite73] 09/9/2022 07:47

stubowl1 - Your first and immediate concern should be where is the RNS promised for this week? Only lifestyle directors boast of RNS announcements that never materialise.

[stubowl1] 09/9/2022 07:21

I have a stake in CTL and I have recently doubled my positions at 48p so what I'm about to say is in no way de-ramp. With all my positions I try and take a step back and look for a downside or obvious risk I may of overlooked or the ol' confirmation bias kicks in. However, I would be interested to hear some of your takes on a possible downside/risk other than the obvious "ow there's no lithium there after all! Sorry folks" My take - I think with the bullish rhetoric and positivity of management the slightest blip in operations may cause a bit of a treeshake for the fainthearted but I would expect that in any stock especially in today's markets.