Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
there is a quiet buzz building around this share following on from Marks involvement.
Alde the warrants exist. They have since the ipo. Warrants getting exercised is great. It’s a massive expression of confidence by those investors, allows The company to accelerate its plans and reduces the open warrants pool that you see as a drag on the sp. What’s not to like here?
Based on expected revenues from the recycling alone this should have a £100m mcap any day of the week. I’d be expecting an uptick once confirmation of plant 1 being fully commissioned and is processing materials. When plant 2 comes on an they can start on the highly lucrative lithium batteries that will be a huge boost in revenues.
Warrants have been around since the ipo and are a known quantity. They can be used to accelerate the growth program of the company which in turn accelerated revenue. An exercise of warrants is an expression of confidence in the company by existing shareholders. Very different from a placing to raise additional funds where a dilution could happen that no one was expecting.
Latest tweet re https://www.theguardian.com/environment/2022/jan/21/britishvolt-electric-car-battery-uk-gigafactory-blyth-jobs
I understand following the move to Arden that they are looking to improve investor relations.
with no volume this jumps all over the place with a solitary buyer/seller