Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Patience, we are undervalued and for the patient we should be rewarded in due time.
Broker Recommendations for Cleantech Lith (CTL)
Date Broker Recommendation Old Target New Target Rating Type
26-Sep-23 Canaccord Genuity Buy - 295.00 Reiteration
24-Aug-23 Canaccord Genuity Speculative Buy - 295.00 Reiteration
24-Apr-23 Canaccord Genuity Speculative Buy - 280.00 Reiteration
I'm suprised the sp is this low as with a M'cap of £5m when they had £7M in the bank 31st Dec 2022, All restaurants up and running again at ahead of expectations whats not to lke here.
THey've gone through a tough few years with covid/lockdown but through that now
ZERO debt as well.
GLA DYOR
Never seen such a positive statement - Brimming with Confidence.
I just saw the results and so have dipped my toe in :)
Craig Foster, Ondo CEO, says: "The Management Team and Board are brimming with confidence about the business's future. This first audited accounts illustrate fast year-on-year growth in Unit sales, Registered Customers and Revenues, and yet we have penetrated only 3% of the addressable households from our already signed contracts due to recent contract wins. We look forward to demonstrating more contract wins and further progress in the next interims to end September 2023."
As they say in todays RNS read the management discussion Doc on Sedar or the companies website for more detail
https://www.canoverseas.com/wp-content/uploads/2023/04/COPL-Q4-2022-MDA_FINAL.pdf
Read Page 7 for brief summary of where we are at
OUTLOOK
The Company's operational strategy is to increase oil production of its Wyoming assets including the following: (i)
increased natural gas and NGL injections at the BFSU; (ii) recompletions of a limited number of existing cased wells
at the CCU for Frontier 1 oil production; and (iii) drilling and development programs in the BFSU, CCU and BFDU
areas.
The Company's short-term operations will focus on:
• continuing and increasing production of its Wyoming assets;
• refinancing the SCF to reduce the Company's cost of capital;
• further developing the facilities to handle gas injection and increased production capacity at the BFSU;
• recompleting up to 6 existing cased wells in the Cole Creek Frontier 1 sands to increase oil production;
• drilling new wells in the BFSU, CCU and BFDU pools;
• concluding a joint venture with a large oil company with operations in Wyoming to appraise and develop the
Company's deep oil discovery; and
• maintaining the Company's environmental, social and governance ("ESG") operating credentials
https://www.investorschronicle.co.uk/ideas/2023/02/09/bargain-shares-2023/
Todays news is a small piece in a BIG jigsaw that will all come together over the course of 2023
Great company, even better assets and Arthur is navigating this company brilliantly despite some of the horendous comments and bullying by some people on here.
As I said, sit back and relax if you are a LTH invester aand your rewards will come. £46M M'cap will certainly rerate going forward
· Attractive economics with post-tax NPV of US$1.83 billion using a discount rate of 8%, post-tax IRR of 45.1% and a payback period of 1 year and 8 months - based on a long-term lithium carbonate price of US$22,500 per tonne from 2027
This is -phenomenal
And also results for the scoping study for the Francisco basin in H1 which are expected to be equally as good
Ad-Infinitum have already commenced work on the Francisco Basin Scoping Study and our Board is hopeful that the economics and ESG credentials prove to be as attractive as we've seen for Laguna Verde. We expect to announce the results of that scoping study in H1 2023."
Too true neil777
Well I only bought in this morning :) Still feel its way undervalued so took a small punt
https://ukinvestormagazine.co.uk/belluscura-shares-jump-as-certification-opens-new-markets/
Link doesnt work?
Strong Start now with a very long way to go
More Lithium than China is astounding and this is way undervalued at the momment and the market is starting to hear about Cleantech Lithium
Sit tight and lets see where we are in 12 months time :)