Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Lav....... Unless the person was using very little electricity, I felt that a month was a bit excessive. However, it does demonstrate that even after you stop using them to power an EV, these old EV batteries do have a useful life.
It's not just EVs that need lithium; battery storage for wind and solar power is now taking off, and old EV batteries can be used as backup power storage for homes. I've just read that the battery from an electric Range Rover, after it's no longer useful for powering the car, can be used for homes and can store enough electricity to power an average home for a month.
The Chinese are about to launch a 4-door EV for less than £8,000. With a range of 260 miles. There's also a small city car with a 100-mile range for less than £5000.
https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-ev-9700-price/
Come on Kod
I'm in profit and won't sell until I've multibagged. Knowing my luck, if I did sell, the SP would double, maybe even triple within days. Trading on AIM can be volatile and requires a strong stomach.
Yes, the spread is pathetic. Maybe the MMs are playing mind games, it is Aim after all.
Significantly more than the current low price
I believe that a price of 1.50p is reasonable, which has been my estimate for the past two years, without accounting for the 40% increase in reserves. Therefore, a price of 2.10 is not excessive considering our current situation, and this is without taking into account the value of gold.
Come on Kod
Https://www.independent.co.uk/tech/battery-charging-speed-electric-vehicles-b2488568.html
A new lithium battery that can be recharged in 5 minutes.
This new battery will use lithium because lithium-charged atoms flow quickly as they move from the anode to the cathode. The latest solid-state batteries will also use lithium.
Come on Kod
David, Bitcoin is good. However, the challenge lies in determining the right time to sell. I won't write any more on this board as I believe it is bad luck. In fact, I would be much happier if the listing disappeared.
Aster, I'm surprised you still have 4.5 million here...lol.
The share price should not have dropped so low.
David....I am currently invested in KOD, a lithium mining company, which I believe will be a successful long-term investment. I have already recovered from the loss I suffered with AMC. My decision to sell my shares in AMC at a loss of £6400 was based on careful consideration of the current situation. I am confident that it was the right choice. As a shareholder in AMC since 2009, it was disheartening to exit with a loss. I believe RY is holding around £1.5m of AMC shareholders' funds, maybe more but i have no idea what will happen next to AMC.
There's talk of a takeover on this BB and a lot of people say the minimum offer should be 1.50p. I say the minimum should be around 2.10 and that is the lowest I would accept and that is before the mine is built and producing spod.
Lav.... Liam is responsible for most of the negative comments. There are several trolls on Advfn and here, such as Johnny Marmite kid, who constantly spread negativity. It is unclear how many people he has convinced to sell. He has been trolling since at least 2021 and is a nuisance, but new holders are unaware.
There are three obstacles that could be causing the SP to fall. Kod holders need not worry about the decline in lithium prices since we will produce SPOD at a cost of $650 per tonne. However, the wait for the mine to become operational is a significant obstacle, and traders have decided to sell or been caught with stop losses. Additionally, there is an issue with Leo Lithium. It would be most beneficial for us if Leo could resolve its problem with the Malian government.
Please ignore Liam. He is the person on Advfn and now here who is constantly posting negativity.
I'm as surprised as anyone at the way SP has behaved. I'm not sure if the Leo Lithium situation is affecting us badly or if it's just the helter skelter Aim market. I for one have stopped buying and will only buy more when we get some news. It would be good for us KOD holders if Leo sorted out their problem and their suspension was lifted.
The sooner Leo solves its problem with the Malian government, the better. Once that's sorted, the sky's the limit for KOD. There is no doubt that KOD SP has been held back by the problems with Leo.