Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It is expected to have increased buying pressure today as we are in mid june now and news could come as soon as Monday!
This JV news will create a big gap up whenever it lands and so people will try to sneak in before it arrives!
Expecting some sudden buying pressure here anytime before close……….
Rise here is just due to anticipation of news in mid June.
It will keep going till news arrives.
Way undervalued.
Output is expected to go ten fold and JV investment is also ten fold of mcap coming to MAST!!
Another big blue day tomorrow with FOMO traders piling in before news.
BTW a nice 1mil buy appeared after hours.
Hoping to break the resistance tomorrow and run above 1p!!
Some rumour around and company also mentioned in previous RNS that deal will be concluded in 2nd quarter!!
news can land here anytime and will at least double the SP!!
Mid june means 11-20 june? maybe?
so next week is the most expected with news imo.
and what day could be better than monday to release RNS???
buyers will be piling in in anticipation of news on monday imo!!
2p before friday close???.............. not difficult imo.
As mentioned earlier news is expected mid june!!
We are in mid june!
Deal might be getting signed and sp is on the right path!!
It went above 2p with jv mentioned!
With JV signed and dusted which is bringing 33mil,this should be well above 2p!!!! Imo
Dyor………. News anytime!!
Back to AMC.
We got 5mil usd cash,which is about 4mil GBP!
Current mcap is 2.7mil only?!
Cash in bank worth 0.27-0.30p alone!!
No debt…….
This need to RERATE to 0.30 and no wonder some people were buying big who knows the real value here.
As usual some posters are still negative who were negative earlier and saying we will not receive cash!! Hahaha
Dyor……….. rerate is coming!
Good news for namibian oilers!!
https://oilprice.com/Latest-Energy-News/World-News/Namibia-Considers-Taking-Stakes-In-Local-Mining-And-Oil-Companies.html
Company got enough cash to survive. Read this from last interim
Further successful equity raise with gross proceeds of GBP0.8 million in August 2022, strengthening the Company's finances and enabling continued exploration activities in Namibia, including entering the remaining one year Initial Exploration Period until September 2023 on PEL0094.
So low risk but big rewards play here with bigger chances this time of T/O with shell and total around GBP licence.
Also some investments from INDIA and QATAR is coming in too!!
Good luck all and hold tight,this will be moving in right direction soon!!
Agreed
Shell oil is flowing “ like train” as per arricle
Will move much higher as it is too low and farm is possibly voming in.
GBP much easier to grab as kinda one trick pony.
But that one asset is in the main spot!!
0.30 is not difficult to achieve as words are spreading!!