The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
There are some people on these boards worth ignoring. Has the story changed? No. Is Steve Kesler a suitable replacement for Aldo? Yes Does the pilot plant work? Yes.
There are a number of key milestones coming up and hopefully CTL swiftly move on from this.
A really good webinar tonight hosted by the company outlining both the Ceols process and also looking at the financing and offtake structure when going into production. Recommended viewing particularly for the naysayers.
From memory the share price moved from 37.5 to 92 between 3rd January 2023 and 14th February 2023. Also the share price moved from early 20s to 60s between June 2022 and September 2022. I am more interested in a re-rate above these levels when the CEOLS are confirmed.
Also to be clear the CEOLS is a multi stage process. We should receive news on the approval hopefully in the next month. The July date mentioned is the contract part which is the final part of the process.
The current valuation about 1/5 of the high last year doesn't make sense particularly given that CTL are now producing resource using the DLE technology. The de-risking process over time should lead to an increase in price significantly above where we are today.
So good it was posted twice. The webinar tonight should be interesting moving from a junior mining company into production. Looking forward to a Ceols update which shouldn't be too far away each milestone de risks the company etc.
Steve Kesler provides a good update this morning on YouTube. I have to say there appear to be quite a few commentators on here who are not following the detail closely enough. There are company webinars every two weeks providing very good detail to investors and interested parties. The webinars typically last an hour with a Q and A at the end.