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I'm afraid they don't have much if any lithium! The lithium came mostly from the lithium fusion analysis that they used to analyse the rock samples..the technique should not be used for lithium analysis but plenty of cowboys on AIM and those details clearly don't matter so much with this company.

Demand appears solid despite fall in spot prices
https://www.mining-journal.com/energy-minerals-news/news/1449846/lithium-market-not-in-state-of-oversupply

SQM has piles of cash, maybe they will make an offer before CTL ever gets up to the brokers £4 price targets..
https://www.mining-journal.com/energy-minerals-news/news/1449108/sqm-plans-ususd34-billion-of-new-spending

Time for another top up, the dip is a great opportunity for those not yet invested!

Research Update Summary from Fox-Davies

3-year target £4.45ps
Collective resource potential ~4Mt LCE by H224
Modelled first production 2026 (9.3kt LCE)
Production ~38ktpa LCE by 2028
Capex est. ~US$907m (Francisco and Laguna Verde Basins)
Established nearby infrastructure
LOM generating >US$17Bn in after-tax revenue
NPV14% valuation of US$896m
+10% increase in Li price boosts NPV by ~24%
12-month target increased by 119% to £2.50ps

https://t.nylas.com/t1/224/ee7toeoo9rvhf108o07swe70i/2/87f25f83135851725751450fd17ae6f41bb43180668f030698ab8c8a23ff9da4

Very positive reading but not surprised the 1 year target has risen as I always knew this company was seriously undervalued given the great progress made to date.. This just affirms what the investors already invested know.

https://news-by-ai.com/business/the-race-to-buy-lithium-mining-companies-has-begun/

I think US interest will be strong and not even started yet so now that seller is out I expect this will have another major advance...maybe even go over £1 as broker predicted prior to 3rd project discovery. DYOR

Clearly not 8 drill rigs in one hectare area
Screening determinations for drilling are available online. Northpoint is full of BS
Lots of scammers and rampers here including the Prof himself, 89 years old and taking shareholders money for years...time to step down
https://www.gov.ie/pdf/?file=https://assets.gov.ie/238525/b4763484-dab1-4f95-a51f-c6029be805c9.pdf#page=null

All determinations
https://www.gov.ie/en/publication/7d726-environmental-screening-determinations-and-decisions/

The 'land grab' for lithium is just getting started with GM deal, says EV materials expert.

General Motors' announcement on Tuesday that it plans to invest $650 million into Lithium Americas to secure access to lithium is the first of what surely will be more to come, according to Simon Moores, the CEO of Benchmark Mineral Intelligence.
https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2023/01/31/land-grab-for-lithium-is-just-getting-started-with-gm-expert-says.html

Great update, as mentioned below, the most important point I read was the neighbours proof of Lithium present, CTL is almost guaranteed to hit Lithium.
"A private Chilean company with licences immediately west of CleanTech Lithium´s project has reported an NI43-101 compliant resource of 1.2 million tonnes of Lithium Carbonate Equivalent ("LCE") at an average grade of 956ppm Li (peak grade of 3,560ppm Li) based on an evaporite deposit. "

Onward and upwards!

Lithium demand to surge on IRA, says Albemarle
The US Inflation Reduction Act (IRA) is expected to spur a five-fold increase in lithium demand by the end of this decade as electric vehicle production and its need for lithium-based batteries surge, leading lithium firm Albemarle said

https://www.mining-journal.com/energy-minerals-news/news/1447085/lithium-demand-to-surge-on-ira-says-albemarle

Not much to post only usual bullish links as all those here know how good this company is and the potential it has.
Nice finish today.
New York-listed leading lithium firm Albemarle is expecting soar away earnings growth over the next four years, fired by expected sustained strong demand growth in lithium batteries and prices for the key critical mineral.

https://www.mining-journal.com/energy-minerals-news/news/1447027/albemarle-rolls-lithium-dice-sees-annual-usd84b-ebitda-by-2027

Mining journal article
https://bit.ly/3XwVpXh
Lithium deficit to resume from 2025 despite some near term supply improvement.

Lithium price volatility to persist, Latam supply up

Lithium price volatility to expected to persist this year even as market tightness is expected to ease this year with new supply from South America, according to analysis by National Bank of Canada Financial Markets (NBCFM).

Hopefully the large drill program starting in March will be the game changer here to really increase the resources.

EMH don't control their project, I think they only own 49% so value of project should be twice that. They also plan to produce Lithium products from Zinnwaldite mica which would be a first if Zinnwald Lithium plc don't beat them to it in Saxony. There is no large scale demonstrated production from Zinnwaldite but CTLs direct Lithium extraction using resins is proven and in operation elsewhere. The broker has a 1 year target if >£1 on CTL so I think current price has further to go.

Always wise to take profits but I think I will hold out for another while, in it for the long term.
It has been a good end to the week, looks like there was good buying today and I think new investors are taking note of the opportunity.

Sounds positive. I am definitely more confident following the investor presentation this week. The market seems to be confident too with the recent rise.
Tesla close to a deal for a new plant in Indonesia so more lithium demand to be locked in.

https://www.mining-journal.com/base-metals/news/1446248/tesla-rumoured-to-be-close-to-indonesian-ev-plant-deal

What is this company doing? Those grades need to be x100 more to be interesting for lithium potential from pegmatites, i.e. 10,000-20,000 ppm. If anything it shows that they are well away from that and given that it would be an extremely difficult part of Ireland to permit any sort of mine I think they are just wasting shareholders money. Most Irish geos I know have given up on Ireland, it has become difficult with a lot of opposition.
If investors want an early stage lithium play they should look elsewhere like Cleantech Lithium (CTL) in Chile, probably a safer jurisdiction than Ireland for mining investment, excellent upside and broker target 3x current price with real resources and excellent management.
This is just another 'scrape the bottom of the barrel' release so they justify their existence..

What is this company doing? Those grades need to be x100 more to be interesting for lithium potential from pegmatites, i.e. 10,000-20,000 ppm. If anything it shows that they are well away from that and given that it would be an extremely difficult part of Ireland to permit any sort of mine I think they are just wasting shareholders money. Most Irish geos I know have given up on Ireland, it has become difficult with a lot of opposition.
If investors want an early stage lithium play they should look elsewhere like Cleantech Lithium (CTL) in Chile, probably a safer jurisdiction than Ireland for mining investment, excellent upside and broker target 3x current price with real resources and excellent management.

Excellent result, nice IRR
Calculates accumulated net cashflows (post-tax and royalties) of US$6.3 billion to be generated over the operational life with low operating cost of US$3,875 per tonne of lithium carbonate

· Estimated capital expenditure of US$383.6m, based on DLE plant using SunResin Materials existing DLE technology

· Attractive economics with post-tax NPV of US$1.83 billion using a discount rate of 8%, post-tax IRR of 45.1% and a payback period of 1 year and 8 months - based on a long-term lithium carbonate price of US$22,500 per tonne from 2027

· Industry leading ESG credentials, a critical advantage for the EU market, based on utilising DLE which returns spent brine to the basin aquifers, and renewable energy for processing power via connecting with the Chilean grid and its abundant renewable energy supply