Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It was a comment by a previous poster, very ambitious. But I think we can all agreed there is quite a lot of value in this company. Remember Craig has put in £220000 and Mark £240000, all their own money. This is not like other companies where the directors get stock options. They have skin in the game.
I wouldn't be surprised if there was a TR1 next week. Once they get wind of ONDO in the US it is possible they will be buying. Plus our new partner may want to give some support. At this price it's a no brainer, the people selling today will be back for another nibble. Someone was saying it will get to £10, that may be a bit ambitious but £2 would only make it a £150m company. GLA
Someone has done a near £2000 buy today, they must be crazy
They stated the customer had 2 million customers and there had been a 40% take up in the areas it was made available. Plus they were picking up other business from the near neighbours. Gervaise Heddle thought it was a game changer
I'm not sure it's a case of the take up is slow, it's more how do we ramp up production. It is one thing to produce 50k units a year, we could be talking about millions, that's a different story. It looks to me like they are going for slow steady progress.
Draft it's the longest interview Craig has done so far. Lots of info TT has covered it well, it will be massive. Make some time tonight to listen it will be time well spent. Look at the buys today!!!!!
Getting the share price up for a fund raise!
They re-shored production, it's cheaper and more flexible to make in the UK. When you include the middle men and transport, China was more expensive, so they made a saving. They never had a chip problem as there was and is a plentiful supply. Going forward if they started to get big orders in for the sake of argument the US, the units could be made there. One of the good things about the company is they hold, if my memory serves me right 29 patents on the device, so it is well sewn up.
Draft, now you are talking about something close to my heart. Robots are very good but hugely expensive and not flexible. If you are talking about Pharmaceuticals where they set a line and run for years with the same product presentation it's great. Packing by hand is more flexible and you would be surprised how quick it is.