The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I think the seller is still around, it’s not much volume but when no one’s buying it doesn’t help. Suspect we’ll see a large trade or two after hours. Scoping study next week will make an interesting read.
Check out CTL for lithium Watcher, it’s where I am positioned for the next few years.
Laguna Verde Scoping Study within 2 weeks to look forward to and could get this moving up to a new level. And then we have all of the drilling results and upgrades to look forward to in Q1 2023.
Exciting 6 months ahead!
I’ve never understood this oversubscribed thing. Raise higher then! Especially if not letting PIs in!
Co have claimed multiple times they are fully funded and any future cash needed will be funded by existing operations. Not a good look.
Great points both! Scoo you’re absolutely right, if this demo unit proves successful I think that’s the key to unlocking significant value.
RD on the reserves point I did also feel we’d have a bit more too on the last upgrade but 2MT moving to potentially 5MT is good enough for me and rivals some of the huge players like Lake Resources who are at 4MT.
All in all an exciting few months ahead with the potential to really unlock significant value if the co deliver their promises. Now my biggest holding by far and happy to continue to accumulate in the SIPP here too. We clearly have a seller but they don’t last forever and I’m pretty sure when they stop we’ll move on up very quickly.
Another one on the filtered list. He’ll be gone soon enough.
All report this clown and he should go on back to his BOO investment. He clearly creates new accounts to spout rubbish (check out ADVFN because he’s posting the same stuff there).
Might aswell stop mining all minerals, oils and metals globally now because trustgod thinks so… laughable really.
They obviously bought in the 50s a few weeks back and are now stinging.
Regal Funds Management with near $600m in assets has taken a 16% stake in CTL which this clown thinks is a hoax.
I know who I’d rather listen to.
Reported.
Yep you don’t take 16% and millions of pounds worth in a company if you’re not certain of where it’s going. Can’t see this hanging around this level much longer.
Silly question folks but I see it’s ‘preferred bidder status’, so it’s not signed and sealed yet is that correct? What are the chances of it not going through at this stage?
Congratulations SpecPunt! You clearly know your stuff, so while you're sitting there counting your millions from always being right, would you tell us all what will happen next?
Yep seems to be in response to the recent ridiculous short note created by someone who wished they bought in at IPO.
As suspected the report was totally bogus and a futile attempt at lowering the share price!
Well done CTL that’s the way to answer the crooks!
It really is a hard one to call. I think fundamentals count for nothing in a bear market, you’ve only got to look at the state of AIM and even the bigger stocks. I just don’t see any other big lines of support other than 40p and I’m not sure what catalyst would stop the rout. A takeover of course, but I think that would come once the company starts producing. Anyway, you’re right, it is a very bearish call from me, but we’re in a very bearish market with a lot of uncertainty so anything can happen. I do think we’ll see 60p for sure, so I might start building a position around then.
Keeping an eye on this one but a downtrend has well and truly started now which is concerning. With no real catalysts to turn this leaking ship around and production likely to be at least 2 years away, the next big support looks to be at 40p (2p in old money) and in this market I wouldn’t bet against it happening over the next 6-12 months. Political concerns now heightened too.
Jeremy has well and truly butchered the hopes of this share but it would be worth a punt at 40p I’d say.
Buys absolutely flying in now. A few more days and we’ll be well on our way again with no concerns about funding. The real move happens now!
Haha! Funniest tweet all morning SpeculativePunt. We all know you didn’t sell in the high 50’s… you would have sold this morning and are now talking it down to get back in lower. Realistically you’ll be back in with less shares at a higher price. We’ll all been there my friend. Tell me I’m wrong?
Honestly no. It looks like it’s going to run up tomorrow after this weeks consolidation action. But this is just my opinion of course! If 60p falls there is no overhead supply to stop us so who knows where it will next stop!
We had 6 million shares exchange hands last week alone.
I think he’ll just be reducing given he’s up a couple 100 percentage. He’s currently at 3.79% with 3,000,000 so I reckon he’ll stop at 3% so he doesn’t have to notify. Even if he is selling the whole down he could do that in a few weeks with this volume, probably sooner.
It will fly as soon as he’s done.
What a day! Look at that volume.
That volume isn’t from PIs… £5 price target so just a ten bagger from here to go.
I’m seeing some people who have missed the boat who are starting to suggest it will drop back which is always a good sign. We see you!