Cleantech Lithium Share Discussion Threads

[klosters65] 12/9/2022 08:32

Will do. Every thing about this share is almost too good. I have stretched myself buying far more than would normally be prudent.

[deanmatlazin] 12/9/2022 08:28

He is a Chilean. It is who you know in Chile and not what you know. He is in this industry for a long time. It is time to make money BIG time.

[flashheart] 12/9/2022 08:27

kloster he's a recognised troll just here to make trouble. Check his posting history, filter and ignore.

[klosters65] 12/9/2022 08:25

Thank you affc. White - your next valid concern ?

[klosters65] 12/9/2022 08:07

White makes a valid point. Who owns the Licences and what are the terms?

[pwhite73] 12/9/2022 07:28

deanmatlazin - "The potential here is enormous "

The potential is enormous for the organisation that has the authority and finance to extract and sell lithium from Laguna Verde and Fransico Basin whether it be a private concern the Chilean government or a mixture of both.

Your task at the moment is to find out who the vendor is as referred to in the company prospectus. Don't try and run before you can walk.

[deanmatlazin] 12/9/2022 07:11

Good for liquidity. The potential here is enormous . This will become billions pound company

[smackeraim] 12/9/2022 07:04

My view is, he was the seller around 40p and why it took a while to break. Onwards we go

[affc21] 12/9/2022 07:03

Personally don't think there is anything to worry about here, he has made a substantial profit thus far and has decided to bank some of it...Tim Leslie would have obviously done some serious due diligence before investing in CTL... A profit is not a profit until banked.

[affc21] 12/9/2022 06:58

Timothy Leslie biographyTimothy Grahame Leslie is the Non-Executive Director of BlueRock Diamonds plc. Tim Leslie has worked in the financial markets for over 25 years. He joined Paribas in 1986 and since has worked for JPMorgan, HSBC and then at Donaldson Lufkin & Jenrette ("DLJ"). In 2000, DLJ was bought by Credit Suisse and Tim left to join the hedge fund Moore Capital Management LLC as a portfolio manager. In 2003 Tim launched a new fund at Moore Capital, the Moore Credit Fund, for which he was the Chief Investment Officer. Tim left Moore Capital in 2008 and launched James Caird Asset Management LLP with assets under management of USD3.6bn as at launch. In 2011, Tim founded JCAM investments Ltd to run a family office and make longer term investments.https://www.google.com/amp/s/gb.wallmine.com/lse/brd/officer/1911006/timothy-leslie.amp

[sarcoline] 12/9/2022 06:37

Very bullish we rose over 60% last week and this seller who probably now has a free ride with his now over 5% holding created some very neeeded liquidity in a very tight market.
If as I imagine he has finished selling then an even tighter market going forward!

[pwhite73] 12/9/2022 06:29

So Tim Leslie who held 8.44% has reduced his holding to 5.46% on the cusp of a major rerate. Now why would he do that?

There is still no resource update with the share price having soared last week in anticipation. I have warned you all to be careful here. I can see nothing to this company but an AIM listing.

[the count of monte_cristo] 12/9/2022 06:28

Morning, what's the view on this mornings rns?

[pwhite73] 11/9/2022 17:25

The question for anybody invested or who intends to invest in CTL is this. Who is the vendor (the owner of the licences) CTL refers to in the prospectus.

[pwhite73] 11/9/2022 17:03

deaanmatlazin - In 2018 MGX acquired CLS (Chilean Lithium Salas Holdings) which owns a 100% interest in the lithium projects.



I note on page 27 of the prospectus CLS is being dissolved. Following on from your argument if CTL is the new CLS two questions remained unanswered.

1. How did CTL acquire the licences off CLS and

2. Who is the vendor for whom Atamaca has an exclusive agreement until April 2026 to acquire the concessions.

Please be careful as I have been in these situations before where an incestuous web of interconnected parties have been formed when in the end nobody owns any licences except the government of the said country.

[deanmatlazin] 11/9/2022 14:06

MGX Minerals Inc. engages in the acquisition, exploration, and development of mineral resource properties and industrial technologies. The company operates and invests in mineral property portfolios, which consists of lithium, magnesium oxide, silca, niobium-tantulum, and gold properties located in Canada. It holds 100% interests in Fran Property located within the Omineca Mining District, British Columbia; Longworth Silica Property; Wonah mineral claims; Alberta Lithium property; and Gibraltar Claims. The company also holds a 90% interest in Driftwood Property, as well as interests in Koot Silica Property; Sturgeon Lake Lithium Brine Property; REN mineral claims; Kibby Basin; and HeinoMoney Gold deposit and Tillicum claims. In addition, it owns, operates, and sells water treatment systems to the oil and gas industry; and owns lithium extraction technology from brine, which eliminates the need for solar evaporation. The company is headquartered in Vancouver, Canada


PWhite, I have done due diligence. MGX has no lithium project in Chile. They are concentrating on silicon production. Look at their website.


I am confidence the licenses are legit. Aldo must have realized better to form company and float as CTL because of the potential becoming billion dollars company. Kudos to him.


I am expecting a 20 fold increase from 30p float price. This is an opportunity once in a life time if people has missed multibag shares. This is one of them!

[quietlife] 11/9/2022 13:00

Ok, no need to worry on my behalf. I have about £500k in here and very happy with my DD and been in at 20p

[pwhite73] 11/9/2022 12:25

quietlife - I'm not invested here but if you are I have genuine concerns that you may be invested in a company that literally has nothing but an AIM listing.

[quietlife] 11/9/2022 11:39

P white - Are you invested in here or just have nothing else better to do. I see you have been posting for a while and struggling to understand why? Maybe it is so obvious I have missed the reason. Anyway don’t let me stop you.

[pwhite73] 11/9/2022 11:21

affc21 - "Further details of the Laguna Verde Option Agreement are set out at paragraph 14.6 of Part VI of this document."

Below is the text of 14.6 of Part VI.

14.6 Laguna Verde Option Agreement

"Pursuant to the Laguna Verde Option Agreement, Atacama is granted a unilateral and irrevocable option to purchase, at its sole discretion, certain mining rights of exploration and exploitation (the “Concessions”) (the “LV Option”) owned by certain offerors (the “Vendors”)."

Those are the words of CTL but who is the vendor and where is such agreement with the vendor. I posted before these lithium concessions are now extremely lucrative considering the predicted growth of the EV market. Many companies are springing up all over the place claiming to have, exploration, exploitation, production and concession rights.

Back in 2016 Wealth Minerals claimed they had the same LV option with the vendor.



"Vancouver, British Columbia / TheNewswire / December 19 2016 -: Wealth Minerals Ltd. (the “Company” or “Wealth”) - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ), announces that its wholly-owned Chilean subsidiary (“Wealth Chile”) has entered into a letter of intent dated December 12, 2016 with arm’s length vendors (the “Vendors”), whereby it has been given the exclusive right and option (the “Option”) to acquire a 100% royalty-free interest in the mining concessions (the “Concessions”) referred to as the Laguna Verde project (“Laguna Verde” or the “Project”). The Project comprises 23 Concessions for a total of 2,438 hectares and is located in Region III, northern Chile, 193 km east of the regional capital city of Copiapo, adjacent to Highway 60 and 15 km west of the border with Argentina (Figure 1)."

At the time the prospectus was issued there were no legal or pending legal disputes but as money starts to flow licences will be contested in the courts. Furthermore what doesn't help is that the socialist government under Gabriel Boric is threatening to nationalise the lithium industry and create a state owned national lithium company.

Be careful with this stock.