Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Working on the basis that we are churning out a staggering 480,000 tonnes per year initially.
480,000 divided by 365 days = 1315 tonnes per day!
Working on a conservative profit of $150 per tonne =
We have stock piled a profit of £197,250 today alone!!!
Just let that sink in. BEN IS A MONSTER ON STEROIDS
Exciting times today, testing / test run of the HWM and first coal should be out of the ground today with official production starting tomorrow. Tomorrow we are a producer! Have A great day all, exciting times ahead.
As we well know production begins Wednesday. There should be podcast Wednesday evening with Adam Wilson and all being well I suspect an RNS Thursday morning for production started. See you all in the morning for hopefully 35p plus.
Good Evening all - I hope everyone had an awesome weekend! Well what a big week ahead, Bens creek BECOMES A PRODUCER and I think a big well done is owed to Adam Wilson for getting this to this point so quickly. We are all going to do extremely well from this.
Remember we are only at a PE of 1 and will be a PRODUCER - At a PE of 4 we will be at 120p per share. Just let that sink in for a minute!
I now certainly think 39-40p is possible this week if the volume / buying picks up with anticipation of production starting Thursday with an almost DEAD CERT RNS to land Thursday morning 7am. It will be a top priority to get that first payment in now.
30p a share is extremely cheap at the moment and this really is bargain basement prices! I can’t see us below 40p for very long and this is why we are heading north at such a rapid rate because production is just around the corner and we will be making serious $$$ in no time at all.
The market is responding to the fact that BEN are delivering on everything they set out to do and in such a short period of time. Not forgetting another off take agreement could land any second too. I wouldnt be surprised if it was this month.
*** Remember ***
- 2 agreements in place already
- Another Agreement RNS due taking us to 1 million tonnes production.
- Production Start date RNS due IMMINENTLY in the next 10 or so trading sessions
- High wall miner RNS due *any second*
- If we get 2 or 3 more agreements share price will be blown out of the water. *** remember maximum output is 3.1 million tonnes per year *** so lots of scope for new off takes!
Working on a PE of 4 (most companies are much higher than this) and at current coal prices we will have a market cap of around 550 million with the 1st Three agreements with 2 already in place. Taking the share price well north of 100p
There is a further 10,000 Acres to exploit meaning HUGE Resources and shelf life of this company. With current coal prices and huge demand at present BEN will want as many agreements as possible in place ASAP.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading. We are talking POUNDS not pence
75% of shares are held in sticky hands with a tiny free float meaning any kind of buying volume will send this flying…..
As you can see again from the last 30 days huge rise, it moves very quickly as there is such a small free float. 75% of shares are in sticky hands and investors from IPO are locked in for 12 months so no massive sell off. We are also fully funded to production so no placings required.
TBH below a pound is still crazy based on assets and known resources alone never mind actually mining the stuff compared to some mining explorers valuations for different resources.
PE ratios will pay a part here as well, we are talking about numbers based on 4. A miner that was sold recently had a PE of 8 and others are in the hundreds. This
Depends on coal prices, don’t forget we still need to prove up reserves. Etc. We are capable of 3.1 million tonnes I suspect we will be at a million between April - June
I’ll be happy with £1.50 per share by june
Good morning all! Well fantastic news, and well done to Adam Wilson the CEO. I suspect a strong possibility of an RNS this morning but let’s not get ahead of ourselves :)
I now certainly think 40p is possible this week if the volume / buying picks up with anticipation of production starting any moment now. It will be a top priority to get that first payment in now.
30p a share is extremely cheap at the moment and this really is bargain basement prices! I can’t see us below 40p for very long and this is why we are heading north at such a rapid rate because production is just around the corner and we will be making serious $$$ in no time at all.
The market is responding to the fact that BEN are delivering on everything they set out to do and in such a short period of time. Not forgetting another off take agreement could land any second too. I wouldnt be surprised if it was this month.
*** Remember ***
- 2 agreements in place already
- Another Agreement RNS due taking us to 1 million tonnes production.
- Production Start date RNS due IMMINENTLY in the next 10 or so trading sessions
- High wall miner RNS due *any second*
- If we get 2 or 3 more agreements share price will be blown out of the water. *** remember maximum output is 3.1 million tonnes per year *** so lots of scope for new off takes!
Working on a PE of 4 (most companies are much higher than this) and at current coal prices we will have a market cap of around 550 million with the 1st Three agreements with 2 already in place. Taking the share price well north of 100p
There is a further 10,000 Acres to exploit meaning HUGE Resources and shelf life of this company. With current coal prices and huge demand at present BEN will want as many agreements as possible in place ASAP.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading. We are talking POUNDS not pence
75% of shares are held in sticky hands with a tiny free float meaning any kind of buying volume will send this flying…..
As you can see again from the last 30 days huge rise, it moves very quickly as there is such a small free float. 75% of shares are in sticky hands and investors from IPO are locked in for 12 months so no massive sell off. We are also fully funded to production so no placings required.
TBH below a pound is still crazy based on assets and known resources alone never mind actually mining the stuff compared to some mining explorers valuations for different resources.
PE ratios will pay a part here as well, we are talking about numbers based on 4. A miner that was sold recently had a PE of 8 and others are in the hundreds. This march should keep on moving upwards.