Member Info for Fireblade23

They are going to raise funds to keep the lights on in the next few weeks, but at what price, 0.10p is my prediction, a huge dilution for current share holders but I can’t see any other option.

Steady sell off will continue tomorrow until between 35/40p is reached, then big investors may take a gamble.

I am still confident we will see a huge turnaround here, way oversold now. Ready for a big rerate.

Confident buyer

£26k buy this morning, someone is confident.

78% drop way oversold, I expect it to settle around 0.50 at least before Friday close.

Looks a good buy at these levels, £390m order book, and expected to be in profit next year, and only one other competitor in the world!!

The product is in great global demand with major car markers; hence a multi-year £390m order book, with a market capitalisation of about 6% of that number.

Gross margins remain in the 55%-60% range and there is only one competitor across the world. The sales delivery doubled in 2022 and rose 80% last year, with a 140% increase estimated this year.

Boom!!! Great news !!!

As a final result:

-The Venice Court of Appeal confirmed the ruling of the 1 November 2022 lower court Judgment in favour of CL17 (save for €105,412), amounting to €6,083,562 (plus interest and adjustments for inflation) in damages, plus €134,166 for legal expenses.

-The Venice Court of Appeal, by ruling, also removed any opposition to the enforceability, by CL17, of the above amounts against all defendants.

-Sipiem’s statutory auditors have been ordered to pay the full amount of the Judgment upheld by the Court, i.e. €1,000,000 - which is part of the €6,083,562 - (plus interest and adjustments for inflation to accrue from different dates until the date of payment), instead of the agreed €700,000 under the resolved Settlement agreement announced by the Company on 16 May 2024.

Francesco Gardin, Executive Chairman of QBT, commented: ”We are extremely pleased with the Venice Court of Appeal result, which confirms previous ruling while extending the scope of its enforceability. QBT subsidiary CL17 will now focus on the collection of the €6.083m plus interest and adjustments for inflation. CL17 has also been awarded €134,166 for legal expenses. The Company will ensure that CL17 proceeds with maximum effort to seek and collect the funds from the defendants.”

This should push us back over 1p plus at least €6m is substantial compared with the current market capital

A £10k buy late this afternoon, so buyers are returning, I took a small position today, I’ve got a feeling we could be in for some positive news in the next couple weeks.

Looking good, should hit 24p next target this week

Hopefully we should see us getting into the 20p range on the back of this, lots of news in the pipeline, we are seeing a nice steady increase in the share price as new investors start to take positions.

Along with all the expected news flow we are due, it’s good to see lithium prices rising again.

http://www.dailymetalprice.com/metalpricecharts.php?c=li&u=kg&d=60

Market makers still holding this back 15p UT, must be some buyers in the background.

Ticking up nicely. 14.8p UT

£38k That’s a substantial buy for CTL, someone is loading up, insider buying?, hopefully a Rns might confirm , but £38k is more than just a punt.

Yes July is not that far away now, I expect to see the share price only building as the news release date gets closer.

“· It is expected that by July 2024 the Minister of Mining will list the salars where there is private sector interest in leading exploration projects for lithium production.

· CEOLs are then expected to be awarded by the State for these salars.“

Looking at late trades this morning from Friday, another big buy has popped up, £38k at 14p!!

I knew that they had been holding this back all afternoon, UT 14p, never mind should give us a good start next week.

No reason not to see it back at 15p this afternoon, and the rise will continue towards · “It is expected that by July 2024 the Minister of Mining will list the salars where there is private sector interest in leading exploration projects for lithium production.” I see this at 20p to 30p before then, and possibly 40p after?

I am waiting for at least 2p here in the coming weeks, the shares I picked up sub 0.70 are looking good today but I am not tempted selling yet.