Cleantech Lithium Share Discussion Threads

[oilbuy] 11/9/2022 10:25

Man , I think you could get a part in Curb your emthusiasm.

[affc21] 11/9/2022 10:24

Pursuant to the Laguna Verde Option Agreement, the Vendors have granted Atacama the LV Option topurchase the Concessions at any time prior to the expiry of the agreement, being 20 April 2026. Inconsideration for the grant of the LV Option, Atacama is required to make payments to the Vendorscomprising of both (i) a fixed price of US$334,000 (of which US$43,000 has been paid, with the balancepayable in annual installments) and (ii) a variable price, as calculated in reference to the valuation oflithium carbonate and other commercially extractable products from the Concessions. The variableprice is payable as 20 per cent. in cash and 80 per cent. through the issue of shares in CleanTechLithium Ltd. The minimum variable price payable by Atacama under the Laguna Verde OptionAgreement is US$3.5 million.Atacama is in the process of agreeing an amendment with the Vendors to reflect that the shares to beissued in payment of the variable price will in fact be Ordinary Shares.Further details of the Laguna Verde Option Agreement are set out at paragraph 14.6 of Part VI of thisdocument.Page 38https://wp-ctlithium-2022.s3.eu-west-2.amazonaws.com/media/2022/03/175691-Project-CleanTech-AIM-IPO-CL-FINAL-14.03.22.pdf

[pwhite73] 11/9/2022 08:34

Yes I can well believe the market cap will be £1+ when the truth eventually comes out. Joking apart read what I have posted and very carefully.

[pwhite73] 11/9/2022 08:30

Taken from the CTL prospectus -

1. Introduction and Background

"The Group was established in 2017 and is focused on lithium exploration and development and has been progressing two lithium projects in Chile, the Laguna Verde Project and Francisco Basin Project."

So the group was established in 2017 but according to records at Companies House CTL was incorporated on 22/12/2020 some three years later!!!.



You need to be careful how you invest here because to me CTL appears to have been formed to resolve a dispute over lucrative lithium licences.

[pwhite73] 11/9/2022 08:24

29 November 2018 at 08:05 GMT

"MGX has agreed to make Option Payments totaling US$1.5 million, incur exploration expenditures totaling US$2 million, and complete an NI 43-101 resource estimate on at least one of the Projects within 20 months. MGX is acting as project operator and has appointed Mr. Aldo Boitano, current project manager for CLS, as to oversee the project and work alongside Kura Minerals."

As I posted earlier MGX bought out CLS so how comes the CEO of CTL ex project manager of CLS is claiming ownership of the licences.

[sarcoline] 11/9/2022 07:27

Wonderful Telegram group for CTL...

[sarcoline] 10/9/2022 21:54

£1 +

[the count of monte_cristo] 10/9/2022 16:47

Divmad, indeed.

[divmad] 10/9/2022 16:45

Do not forget graphite in this energy transition phase .

[oilbuy] 10/9/2022 15:01

Everyone be aware of pro2009Director / PDMR ShareholdingThe Company announces that it was informed on 19 July 2022 of the sale by H2Green Power Ltd ("H2Green") of its shareholding of 1,785,700 ordinary shares in the Company at a price of 9p per share on the same date.The sale of the holding was executed to remove any potential conflicts of interest between the two entities and to provide funding for the development of H2Green's business.Paul Griffiths, the Executive Chairman of the Company is a director and significant shareholder of H2Green.

[oilbuy] 10/9/2022 14:01

Clearly not a great track record Paul Griffiths blaming the Chairman for getting rid of the Tendara block which could have been left in Fastnet. At least Cathal Friel knows how to make a few quid eventually.Fastnet was doomed as it had one chance to drill Morocco at a 90M cost.PRD August 2021 - another disaster one hit wonder duster.Save yourself some bother and by CTL - its only warming up !

[pro_s2009] 10/9/2022 12:43

The Count of Monte_Cristo, as its the weekend, I think I have mentioned before Predator Oil and Gas - they did a presentation on Thursday, the video is now online, well worth a watch imo.



.

[gepetto100] 10/9/2022 08:23

Company update 13th September @ 2pm

[smackeraim] 10/9/2022 07:57

Great day yesterday by look of things. Was travelling so missed it but not far to a quid now

[the count of monte_cristo] 09/9/2022 14:33

From memory....not many people know this but Thomas Edison designed an electric vehicle and it was his idea that they would be the future of transportation, but a youngster named Henry Ford beat him to the race with the mass production of the Model T. Edison couldn't work out how to build a battery capable enough to run the vehicles, they kept breaking down and leaking toxic chemicals. While he tried to work on solving the problem years passed by and by the time he had a working solution it was too late, the internal combustion engine was already dominating the industry, with cheap fossil fuels as the source of energy to power them. Electric vehicles are not something new, and at one point they looked ready to dominate the future of transportation. Not sure I have got it all correct so worth reading up on this...



"Acceptance of electric cars was initially hampered by a lack of power infrastructure.[37] In the United States by the turn of the century, 40 percent of automobiles were powered by steam, 38 percent by electricity, and 22 percent by gasoline. A total of 33,842 electric cars were registered in the United States, and the U.S. became the country where electric cars had gained the most acceptance".



I'll continue....so thinking now and referring back to history, I can see parallels to when the world transitioned from using oil from sperm whales for it's energy needs (which was clearly unsustainable) to oil, to what we are now seeing with the transition from oil to lithium based batteries. The worlds largest oil field is Ghawar, probably the most valuable resource ever found and the jewel in the crown of Saudi Arabia's oil industry. This field is by nearly all metrics in terminal decline, although some dispute it. Virtually all of the worlds super giant and giant oil fields are in decline and most have now been pumping for a very long time indeed.

These new lithium deposits could be likened to the oil rushes of say the early 20th century, when bold explorers search the deserts and the worlds remote jungles for oil fields. What we are now experiencing is a gold rush for lithium in order for humanity to transition to the next phase of it's development. This phase is going to see booms and busts, fortunes will be made and lost.

I'm actually surprised that the major oil companies have yet to understand this and have yet to start purchasing these lithium companies, many of them are saying they are transitioning into the green sphere by investing in wind farms and solar fields, yet they are neglecting the very thing which is looking to supplant them, which is lithium to power the vehicles of the future.

Imagine telling your children or grandchildren now that people used to use oil from sperm whales as their source of energy for lights in Europe and America, it sounds absolutely ridiculous. As it will 50 years from now when people tell their children that we used to use vegetation which was billions of years old and had fossilised as the energy source for our vehicles and airplanes. It seems like a long time, but 50 years is the blink of an eye in the history of humanity.

[stubowl1] 09/9/2022 13:57

https://www.greencarcongress.com/2022/08/20220821-lithium.htmlAnd one for bedtime.

[stubowl1] 09/9/2022 13:52

https://finance.yahoo.com/news/13-largest-lithium-producers-world-211221819.htmlInteresting read on the 13 largest Li producers (link to the top 5) Exciting time to hold CLE.

[deanmatlazin] 09/9/2022 13:47

not long now before we get the result. hope we will get news about funding too!

[courty2] 09/9/2022 12:57

Still in Mila small amount, don't no if should just go all in here lol GLA

[courty2] 09/9/2022 12:54

Thanking you CMC ,I did read into this on the other board and got in at 35 so thanks again,,GLA

[oilbuy] 09/9/2022 12:25

Counting on you !

[axonic] 09/9/2022 11:56

Keep up the great work Count 👍😊