Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
You’ve certainly got a rather brilliant detective’s ability in regards to this Company 2Phevs. Interesting podcast.
Good to see the stock moving up gently but I wonder when the inflection point will come? At what point will the Market start to look forward towards the significant increase in revenues from the agreements with our ‘majors’ & ‘super-majors’.
The MCap currently bears no connection to the platform Mirriad have created, and the the size of the Companies in which it is integrating that technology with.
So, on March 1st we get a TR1 demonstrating Chris Akers selling down below 3%.
Then on 21st March it’s announced that the existing CEO, David Carr, has resigned, along with the CFO Tony Quirke, who is leaving on 11th April.
Furthermore, NED Des Hellicar-Bowman has also resigned effective 31st March 2024.
3 Directors high tailing it. Big Red Flag.
Well written PRN to try and disguise 3 board resignations, but along with the lack of progress launching in the USA 🇺🇸 I suspect there is a major problem around the corner.
As suspected, up 2.82% on 160K Volume, 2 MM’s on 1.9p.
Once this breaks 2p it will move more quickly, without the .05p increments.
FTSE heading towards 8000, Confidence returning to the market as inflation falls and interest rate cuts on the Horizon.
Advertising budgets will grow and Mirriads offering definitely in the right space.
Could be a good day here today.
Nice, that’s why I had to pay 1.825p for a measly 150K.
Added another 500K to the pot though this afternoon.
Really starting to feel like a coiled Spring now, given the stream of really significant news over the last few months.
Staclica lawyers would have requested phase 2 info removed from their website whilst the payment is under investigation.
My interpretation is that there is a new BoD at Staclica and everything is under review.
That’s some interesting feedback 2Phevs, I appreciate your candour.
So, 10p will give an MCap of just under £50M, which will seem paltry against potentially $75M annual revenues from just 3 of the Big players.
No wonder SB is putting rockets after his tweets.
Me, I’m continuing to build, especially if it remains at these levels.
My exit, normally I’ll slice 50% on a double for a free run, but as I’m still building so I’ll review my plans when we get to 10p or thereabouts, I see it getting there quite quickly on the sort of news I’m anticipating.
I’ve seen these sort of stocks ( that are heavily undervalued against potentially huge revenues) move stratospherically in the past, especially when coupled with proper investor engagement in the US. Both markets lift one another and arbitrage plays its part.
My assessment is that the next 6 months is going to get very interesting.
Yes, up 60% on low volume, that will get noticed, they have a risers board too.
Out of interest 2Phevs, if you don’t mind me asking, what’s what’s your holding here? I’m guessing if you started to scale in last August you have an average above todays price.
With the potential not far away, this still seems extremely cheap.
Yes, thanks for your insight 2Phevs.
I agree, Miri was very smart to pull out of China and shift all Focus on the US, by Fay their biggest Global market & at some point the investor base over there will suddenly switch onto this.
I’m still accumulating, 3M now, I’d be happy if the SP maintains this area until April 6th as I’ll add 2024/2025 ISA allowance to my holding too, another Million plus shares.
Observing L2 though, it seems there’s not much for sale & buys are moving it up easily, like you, I think a number of investors are holding for a proper valuation here.
Good links 2Phevs.
Exciting to see the reality of this technology.
When do you think we’ll get an update that ‘programmatic’ is live, as I feel this will be the driver for scale, and thereafter a significant uplift in revenues.
I went back through my ISA trades and noted I was trading Miri at 45 & 50p back in 2018. Ok, less shares then, but the valuation was significantly higher, and the Company is so much further ahead now.