Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It's one of those weeks where if you think it's going to be good stay in if you don't get, out very simple. Will be interesting to see what happens at close of play , might see a good jump in price, if the news comes on Monday and it's good it will be hard to get back in.
Initially scaling up would be done by overtime, this would increase production to 240000 units a year. Adding more cells would be straight forward and not that costly. Parts supply are plentiful, even when there was a shortage of other chips the ones used weren't a problem. Making units in other countries, say the US, would not be a problem. Remember the units were originally made in China then reshored to the UK so they have experience of making in another country and the logistics involved. Hope this helps
Why are you talking about warrants. I have 10p warrants from SPAC and 25p warrants. Why would we touch them before 2025. There’s no reason, most holders like me aren’t traders, we are investors and going to hold because we can see value.
HP I agree, if the US takes of next year they may look to a listing over there quite quickly, I would guess this is something they are already considering or should be. As to valuation that's another question, like you I want to be rewarded as been part of SPAC. For the sake of argument let's forget the warrant. A price somewhere between £1 and £5 would be reasonable to expect. This would give a valuation between £75m and £375 if it takes off world wide would either of these figures be enough? If it 4 bags we are near the £1. Of course there are people that think it's only worth 22p and are happy to sell for a small profit and good luck to them. I'm looking for something between the two figures I mentioned. GLA
I don't think CF will need anymore ideas. This company will be bought out for far more than people realise. If they list in New York it's game over as they will value the company far higher than London.