Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Yes, interesting points from the interview.
So what Iām seeing is that itās clear SB feels the Company is on the cusp of a significant re-rate as Mirriads superior technologically advanced multi patented software is adopted by the US majors.
What the market is waiting for is evidence that that adoption translates into specific revenue, that can be extrapolated.
I note that from the most recent RNS SB states programmatic and adoption is within ātouching distanceā and they now have 40% of the US advertising market.
Translated, another couple of months for an insight to revenues?
My view is that when revenues start rolling, they are going to be significant, at which point this will really start moving.
Personally, trying to time it, and whether a small raise will be required to carry the cash flow gap, is pointless so I continue to build, another 600k today.
Evening 2Phevs,
Iāve been looking back through the board history here and realise youāve been here for a good while, and have remained very positive and continually posting good links and information.
I also note the share price hasnāt done much over the last 8 months, ( about as far as Iāve gone back at the moment) even though Tier one advertisers were starting to get signed up quite some time ago.
So what I find particularly interesting is, even after 8 months, and whatever momentum has built over that time, the market has ignored, in fact, itās worse than that, itās gone backwards, to a point that MCap, and cash, are in equilibrium.
So, as of today , as programmatic has become āautomatedā, Miri have grown from 8% to 40% of the US market with āMajorsā & āSuper Majorsā, and the likelihood of growing that further by 20% plus imminently, the MCap sits at just Ā£7.5M.
So, expect to see a number of hefty buys next week as I continue to build, Iāve done very well in the markets, and thatās largely down to the fact Iāve a great deal of confidence in seeing a Company transform years of investment & innovation into serious revenue, in market leading technology, in the right space, at the right time.
Food for thought 2Phevs, Rathbones clearly agree with you.
I added another 1 Million today, so am building nicely, have yet to Slice my ITV holdings, so plenty more to go.
It was a fairly red day across the board today so plus 5.5% was good, looks as if there arenāt many left at 1.7p, so if our seller is out this could move up quickly.
Interesting 2Phevs.
From The interview with Proactive recently:
āThe US advertising spend is bigger than Japan, China, Germany, UK, France taken together.
Take the Top 3 media Companies, NBCU, Warner Discovery & Paramount - they generate approximately $36 Bn in advertising revenue.ā
Remember, once weāve cracked the US,( which weāre well on the way to doing) it leads us into the World of programmatic advertising.
Just need an indication/confirmation from the Company revenues are building solidly.
I Like this from the January 2024 Trading update:
ā with the majority of that market (The US) now under contract, or in serious discussions, a firmer starting pipeline for revenue & multiple programmatic integrations underway to change the way inventory is sold, we are focused on delivering a SUBSTANTIAL improvement in performance in the current year.
Morning 2Phevs, yes, good to see Rathbones continuing to build.
Iāve not reached my target yet so will continue adding, I think many are waiting to see how our cash lasts but I perceive growth is building very rapidly now, as do the biggest investors.
It was another delayed trade from 16:18 yesterday.
Sell, maybe, in which case just print it at the time.
I thought the 2.67% uplift was following my delayed buy but maybe it was this. Plus buys opened at 1.6p this morning.
Many thanks, I usually find this sort of info fairly quickly š.
This feels as though it is right on the cusp of a breakout after years of development.
I have a hefty ITV holding from the mid 50ās which I may slice after resultās tomorrow, so more delayed trades from me here over the next sessions.
I note this closed up 2.67% after my trade was printed.
Thatās a great showreel.
Cashburn reduced considerably and I note revenue contributions from 5 partners is on track to contribute to revenue starting in H1, so as you suggest, Miri may manage to make it to CF positive, or at least maybe just a small raise to carry it over.
Then revenues could really start to snowball.
Some interesting interviews out there ( back home now researching) and the US Advertising spend is just monstrous. No wonder Berringer is excited.