International Battery Metals Ltd (IBATF)

[TradingCharts]

Garry Flowers, IBAT's CEO, notes
My note bottom of page.

"Over the past five years, IBAT has designed, assembled,
tested and put in pilot production it's Modular Direct
Lithium Extraction ("MDLE") plant and from which it has
produced highly concentrated, battery quality Lithium
Chloride salts in production level quantities. Our
breakthrough DLE technologies are backed by a robust
portfolio of 11 issued or pending US and overseas patents
and proprietary 'Green' lithium extraction methodologies.
The new funds raised will be used for working capital needs
as we accept pre-placement orders for new DLE processing
plants, and we narrow prospective customer lithium brine
resource locations to those sites most conducive for volume
production."

According to Dr. John Burba,
Director of Global Technology: "IBAT is prepared to dispatch
our commercial-scale modular plants now. Depending on
wellhead brine Lithium concentrations, each plant can
produce up to 5,000 metric tons of commercial-grade lithium
chloride per year. The modular design allows for IBAT's
technology to be scaled up quickly to extract lithium from
the world's largest resources. IBAT's DLE plants are modular
meaning they can be dispatched to some of the most remote
areas of the world where lithium is plentiful, but
freshwater is not, such as the Chilean desert. As well,
IBAT's technology occupies a very small footprint that helps
protect the surrounding area from the impact of traditional
lithium extraction. IBAT's green technology extracts only
Lithium Chloride from ground water salt brine deposits and
returns the same water to the subsurface aquifer from which
it is extracted. The plant can be powered by natural gas
produced at the wellhead. Wind towers or solar panel fields
are under consideration as a means to ensure a net zero
carbon footprint. Finally, in discussions with prospective
customer lithium brine resource location owners, we have
become acutely aware of our ability to advance our customers
environmental, social, and governance (ESG) policies while
also enabling the recovery of significant carbon tax
credits."

Harbor6460, tononclegeorges, gregcod, I am limited to one post a day on IBATF message board. I am not ignoring people, I just cannot reply until the next day. But I will give everyone a thumbs up to let them know I read their post.

My opinion, the shares price was pushed down by someone to issue lower share price for the Directors and redo the warrents at a lower price.. Now we wait for the court case to come to a closure. Maybe in July, or earlier if settled.
RESENT UPDATE
https://investorshub.advfn.com/uimage/uploads/2023/4/18/jrjtrApril_17_2023.png

On level-2 they flash a high sell with a buy around the same size bid. The short seller cannot get that many shorts to push it down. He gives himself too much credit on stocktwist.

I think you are correct shares are being sold into the float. Let's hope they know what they are doing and don't break it, by losing the longs who have been very patient the last 6-years.

A lot of shares keep getting bought. If it wasn’t for this little bit of dilution it looks like we would be much much higher price

I sold all my South American brine companies. Yes, I sold all of my LEXI, shares.

They (IBATF) broke my spirt for South America. I have a timeline in my head and I well sell the rest of my IBATF shares if the DLE Unit does not find a home, when the date comes..