Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yep it’s a bit of an eye opener - wish I was a chemist, do I could understand it even better. The timeline has slipped, and with it the revenue growth curve, but the things they have said would come to pass in their business proposition, have happened/are happening/will happen (my opinion only!)
Read the major RNSs from the last couple of years and it will reinforce that view I’m sure. This is a company with great science, great scientists/innovators/patent holders and products being made & sold to big consumer names - not to mention a product roadmap which will I believe continue to delight us for many years to come.
dougerboy I have never seen this document before now, it is an eye opener. I really did not realise the size of opportunity available. Wow !
Thanks
5 years is correct Molson
You seem to have a fair bit of knowledge for a first poster,always find that strange!!!
Thanks Dougerboy, very helpful that and a positive read compared to where the information appears to be now.
If they can turn the EBITDA as the 2021 forecast then this is definitely a share that will grow.
100% not interested in shorting. It looks a good 5 year investment.
Business opportunity is all in here Molson. If you believe it you’d better get in quick.
https://www.proactiveinvestors.co.uk/news/downloadResearchPdf/430664
Sounds like you are looking to short it Molson.
Hi All
New to the board and very interested in what the share has to offer. It does seem to have great potential but can’t help but think the current price has a few years worth of growth already in it. Few questions:
Does anyone know of what targeted turnover is in 5 years time?
Do we know what the actual nett profit % could be when fully streamlined and optimum?
Funding strategy for further growth, if there is the potential there. New shares or loans?
At £45mil value at present, looking at similar industries in relation to value and EBITDA, there still needs to be a huge potential in growth and earnings increase to make this grow substantially over the next 5 years. £45mil value at a Rough estimate the EBITDA would need to be over £1mil, if there was no further growth potential. Appreciate its difficult to value early businesses but the above questions will likely provide some guidance.
Not quite fully up to speed with this industry but heavily focused on the environmentally focused companies, so discussions would be welcome.
Thanks
JUST FOR FUN !!
Reverse engineered the percentage production numbers to give turnover for the six month periods, 2020 is based on actuals, This is just a crude calculation based on $7.5 Mill being the return for 100% production for each six month period.
2020
1st half $1.1 mill equates to 14% of Production average
2nd half $2.2 mill equates to 29% of production average
2021
1st half $1.6 mill (projected by me) 45% up over same period last year
equates to 21% of Production average
2nd half $3.675 mill (projected by me) 67% up over same period last year
based on previous years percentage production, plus 5% increase year on year and add another 15% for 3 new product releases
equates to 49% of production average.
Will be interesting to look back and see if this was close, or was absolutely miles out, maybe too much sun today lol, points to ponder though.
Nice blue finish to today, long may it continue.
Have a good weekend
ATB
AJP
I topped up yesterday 51,694, trade was done on NEX and i found it eventually here https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=ITX.GB
Or, back in the real world, the price has been reduced to get the sales through as during these news-lulls, supply often exceeds demand. It’s hardly unusual.
What are the chance that we have a few large buys going through after the close again from yesterday, someone is either building or adding to their holding in my opinion, as all the sells are being scooped up dead cheap.
Let's see what tomorrow brings.
ATB
AJP
Thanks AJP.
Hi Andrew
Not sure we can put any faith in this, as they are playing a guessing game as well, would have thought it would have been quite soon as there is little or no value in holding this back, if there is further information in the pipeline, then RNS it when it becomes available.
ATB
AJP
Might be way off but on here https://m.marketscreener.com/quote/stock/ITACONIX-PLC-11003210/calendar/ it says september for results.