CleanTech Lithium PLC ("CleanTech Lithium" or "CleanTech" or the "Company") (AIM: CTL, Frankfurt:T2N), an exploration and development company advancing sustainable lithium projects in Chile, announces an updated resource estimate for its Laguna Verde project that has been included by the Chile Government as one of the six salar systems to be prioritised for development. |
"DLE pilot plant in Copiapó culminating in the recently announced production of high-grade lithium carbonate with 99.78% purity.""Our collaborative efforts with Conductive Energy and Forward Water on the downstream process are advancing our aim to produce signifigant quantities of battery grade product to introduce to potential strategic partners and off-takers" |
We moved up a bit Kingston. |
I agree Kingston. |
The share has bounced at 18 p level several times recently. I am inclined to say that it has reached the bottom. |
The reason people and companies are taking the shares is they understand what is going to happen in the next couple of months. Basically, there is going to be a media blitz by CTL as they move onto the ASX in the New Year. They want it to hit it with a bang. The prospects here are very good and there are other lithium miners on the ASX so people will understand the opportunity in a low cost green miner which is different from the high cost, low on green credentials hard rock miners currently there. So when you are looking at a short timeframe to a potential large rise in the stock price why wouldn’t you take the shares. These are entities that have provided services to CTL so have a good idea of what is happening.
Pays your money takes your chance but they have a better view of the company than we do I suggest. |
Mike, some people actually choose to have shares as payment instead of cash if that is their intention to buy shares anyway. I have had experience of vendor accepting part of the consideration for selling his business, in shares from a listed company. In a rising market, that vendor had made a lot more money from eventually selling his shares. |
Not looking very positive having to resort to this :-
CleanTech Lithium PLC (AIM: CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile, announces that it has agreed with certain consultants and service providers to settle their accrued fees for a period from May-24 to Oct-24 totalling £63,993 through the issue of 290,877 new ordinary shares of £0.02 each in the Company at a price of 22 pence per ordinary share (the "Fee Shares"), which represents a 18.9% premium to the closing mid-market price on 5 December 2024. |
The thing is they will be in the lowest quartile for costs compared to other lithium companies so they are safe. Add in they are the only green lithium producer I know, they will even be taking their electricity from a green source, so their lithium will be a must at some car manufacturers. This should have a good future. Just got to wait. |
After consolidation of 1 for every 2 shares the share price of 10 p now becomes 20 p, and it has fallen marginally.
I think that lithium prices will recover, as every commodity swings in cycle. Further trade wars will squeeze commodity prices, and everyone will want to secure long term supply. I hope that's when CTL will have developed its projects further by then.
Patience will be rewarded. My target price is 50 p. I can sit on it for a year. |
Great to see they have a new CEO. |
Don’t bother, he’s obviously a dipstick |
The answer is 20 cents you now need to work out the question. |
Top banana! More good news! |
You mean like an undertaking of great advantage, but nobody to know what it is. |
The fact you have no idea about ASX listing requirements is not the company's fault I suggest. DYOR |
"The Share Consolidation has therefore been proposed as a
means of ensuring that the Company is able to satisfy certain ASX listing requirements at the time of the ASX Listing"
What a waste of my time. And the certain listing requirements are ????
And here's me thinking that it was to double the shareprice so in the future I won't remember I lost so much ! |
Some keen buyers today |
wrong thread! |
Been oversold for a long time. This will come good soon. Patience will pay off. |
Product will be early - and popular... |
I’ve added some more today,progress being made.a strategic partnership will send this flying.not on the big boys radar yet but soon will be. |
I know everything hasn’t gone exactly to plan but surely the sell off has been overdone. |
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