Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Interesting , it has come back down now , but interesting day for puretech , it is startling to move up at long last .
short term we should hear what the board intend to do with the excess cash and also during 2024 trial results.
could easily be at £ 5-10 in 2024
Dallo and CB
this is very interesting so just to check
current cash about £250m
sale assuming Karuna stake of 2.4% generates £250 m , so likely cash position will be £500m end of this year.
Royalties to come on milestones ? £250m , can you confirm
royalties above sales of $2b could hit $80m pa £60m
so current market cap £500m equal to cash position assuming Karuna stake sold
this is insane .
Acker , spot on
Not sure about raising 10 m but the bigger picture is getting better in terms of epo and li3 . yes we all worry about hitting production target in Q1 , but i am here long term and what you say is accurate about the future . there is a spectrum of struggle to produce in H1 to produce in Q1 and get a deal to expand epo , and build a second plant and explore mutare . we not seen much in way of drill results from mutare and epo extended area .
but rewards will be massive if PREM get this right , lets see , but buying at this level is high reward and with some risk but in my opinion the upside far greater than downside .
Acker ,
You are spot on . I hope , expect canmax see the bigger picture , slight delay again , but by end of January production should be 1000 tonnes a week .
We should hear more on Monday , but if prem are drilling more expo that must be with can,as backing .
So agree back to 0.4 p soon
I have not seen any input lithium % of the ore and is this just a rumour from Charles Archer . the drill resutls were consistently high and so rumours of the ore being too low i think are misplaced .
Lets see what the friday interviews bring us . I suspect we will be much clearer on friday and i hope at a higher share price and reassured .
We just need to get over the line then we can fly
Prem will come good in time , whether tomorow next week or end of November , but it is coming and we should not underestimate who perms partner is . Can max is massive with CATL and prem is in with the big boys . We hopefully we see the prem and can max plans in time
Excit8ng times to come
WOLF , GREAT POST , SO TRUE , VERY FEW PEOPLE CAN PRODUCE 6% SPODUMENE EVEN THE GREAT Pilbara dont achieve that
You have to udnerstand what goes on at Canmax i have seen what happens and they throw everything in to make lith hydroxide from 1% ore , to lipodoilte to spodumene 6% , so if we can get to 5% canmax will love it
There was no £600 k raise mentioned in interview by George , BizTech video explains that was error from the it interviewer .
Good interview . So George is confident of meeting Nov deadline and so is Geoff Madderson .
So interesting week ahead . Will we get rns that production has started or will it be the week after . Ether way this week should be good for share price .
Just think once producing sc6 consistently and shipping the market will look to what is next . January is coming fast just over 2.5 months away when we will see a big jump in sc6 production . That is the next focus and also what more do Canmax want prem to do .
BizTech video is spot on in hinting at great things to come to prem .
Time to strap on for the ride
ray dar ,
you talk *******s when you say i sell prem . you have no idea .
you have nothing useful to say here , no contribution of any research or anything constructive and you will be gone when this plant is producing sc6
Tygra, not sure what your problem is .
I share info on here , there is no agenda . I still have my big holding , I don’t ramp and sell ,.
My forecast on whether shares go up has been wrong , but it did ten bag when I suggested at 0.04 and I reckon it will again from 0.4 p
Acker over the years we have been on opposite sides and for a couple of years same side.
Time to become ultra bullish again . You will see .
Just look at canmax capacity and their need for spodumene , not 1000 tonnes a month , not even 10,000 but even more . This can only go in one direction taking the medium view
WWP , superb postings and 100% agree .
Whilist milling part of the plant is sorted , the flotation side needs optimising . This means as I understand it a process of getting things like particle sizes optimised to be able to increase the grades to get over the 5% .
People seem confident this will happen in October . It does take time , but prem will get there .
I am looking beyond this success thinking how big can prem get and even taking a medium term view of Xmas , this looks massive potential to multibag .
Prem has a great probability of do7ng well for investors , but one needs to see beyond the doubters .
Interview happening this morning . interesting times
hoping prem can pull this off as Canmax will back prem i think for the logn haul if prem can demonstrate they can produce . lets see what mark can pull out in the interview at the moment