Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Link to investor presentation held on 9th August.
https://www.youtube.com/watch?v=kB6saTMRzno
Fox Davies very Bullish on CTL as would be expected, looking forward to seeing the Canaccord data coming out in the next few weeks.
Seriously undervalued share price, very small free float relatively speaking with almost 80% of the shares being held by long term investors when this one really wakes up once winter is out of the way we will see a considerable re-rate as so few shares are available.
- The resource sites have sufficient power supply and water resources available
- Confirmed that off take agreement would tie up construction costs into the agreement making the available power supply incredibly attractive to the purchaser for cost reasons
- Offtake agreement could be in place Q1-Q2 of 2023
Cons?
- China acting aggressor in Taiwan - possible sanctions
- Chilean constitutional vote on 5th September - currently poled as only 33 points in favour
Anyone new here due to the SP rise today would do well to review the RNS and Fox Davies analysis for CTL
The upside is excellent, and not just in the near term. The team in place at CTL is well experienced in prospecting, but more impressive is the boards past experience with taking mining to operation.
The long term play with CTL is attractive to say the least, adding at every opportunity i have, nice to see this gain today, hopefully the catalyst for a journey as we head out of the winter months in Chile.
Having re-watched the Gordon Stein investor presentation here;
https://www.youtube.com/watch?v=otOkv8Yef_0
It is clear to me his comments at the end of the presentation regarding the Chilean government appetite for private equity companies like CTL to further their prospects, the RNS this week confirming the announcement of additional licences to a third prospect are confirmation of the good relationship Gordon states the company enjoys.
- 3 Prospects in play
- 2 with confirmed resources
- update due on Francisco basin next week i would guess
I re-watched the presentation objectively to find a fault which i cannot see in this company, its prospects and the board. Entry at the IPO price was attractive, at 24p is fantastic.
Good commentary and echo my own thoughts on the medium term lithium junior plays - of which Cleantech are the most exciting to me.
https://www.youtube.com/watch?v=cYujGXzY54E
I say the next update is not simply to appease this board by saying ok the rig passed audit, onto the next step. Wait for more news please all.
But it may say that;
1. The team has been back to Tai-1 and made sure the rig platform is ready to commence
2. The rig is / has been on site for x?x time
3. Results etc
All as promised in the last update in May.
Pointless giving updates every week, we could get one in July anytime with a whole load of news on drilling progress and the like. Maybe even August. They're getting on with it, as planned, as described.
Faith.
Another stage of the process delivered the desired results.
Two very positive RNS in 3 days. This is moving very nicely, if CTL could bring their marketing phase forward a month or so I'm sure they will have many interested parties now the resource quality is confirmed.
Ninja - i agree it is just awareness that is currently holding the share price.
Once the market is fully aware, which i do believe wont be too long once a battery grade is proven then upward re-rating will begin quite quickly.
I struggle to note a negative here. Remarkably experienced team in place and they appear to be doing some sterling work.
A 'Razor sharp focus on delivering a discovery for shareholders in 2022'
Exactly what everyone here wanted to hear, bet Muscles and co do not even acknowledge that statement.
Only a little more patience required - GLA
The trouble with exposure of a company is that it attracts impatient lunatics. Plenty around here today.
Half of me thinks the RNS was put out there to remind half this board here what they have clearly forgotten from previous RNS or investor news.
The fundamentals set out at the start of the year are still there. if you cant see that its because you are impatient and or greedy.
Hedge - i was talking to a colleague this morning and musing the idea that off take agreements would suit car makers in particular.
With the EU aiming to implement new vehicle taxation to a scheme where the entire life cycle of the vehicle is calculated, CTL, being a net zero producer of lithium would be greatly beneficial to automakers in particular.
If say, BMW were to purchase net zero lithium for their BEV, using their manufacturing at also net zero CO2 (they are now using paint produced at 0% emissions from BASF) i wonder if their USP would benefit to high value vehicles at low tax bands in the new scheme.
Theoretical of course, just highlighting the potential of net zero to CTL. Should be far more attractive than conventional mining.
Agree with you entirely, update the JORC, prove the Li grade in the next quarter and we are away.
Looking forward to the next 60 days or so.
In this period of drilling, data analysis and background discussions working toward a take off agreement i am more than impressed with how the company is making efforts to get its name out into the market place and display their USP.
I caught a short video link on twitter where Aldo was sharing the company information and current standing, each time i hear him speak i get more excited, this time sharing info regards the background discussions being held with household names on take off agreements, and the history of the companies new appointments in the mining sector.
Background progress sounding very positive and great to have CTL proactively providing news to the market and socials.