The Globe and Mail reports in its Friday edition that CIBC World Markets analyst Mohamed Sidibe is sticking with his "outperformer" call on Rock Tech Lithium. The Globe's David Leeder writes that Mr. Sidibe gave his share target a 25-cent trim to $2.90. Analysts on average target the shares at $3.48. Mr. Sidibe tweaked his share target lower after coming off restriction following Rock Tech's $10-million equity financing. Mr. Sidibe says in a note: "The funds are intended to be used to finance the continued exploration and development of the Georgia Lake project, and for corporate purposes as well as the development of the converter project in Canada which is at a very early stage. While a Canadian converter is ambitious, we believe investors' focus remains firmly on first delivering the Guben converter in Germany, which is expected to start construction in 2024 and deliver first production in 2026. We currently do not model any additional converters and are currently waiting for the receipt of the construction permit and financing of the Guben converter project in early 2024 as the next major catalysts." The Globe reported on Sept. 6 that Mr. Sidibe rated Rock Tech "outperformer." It was then worth $1.89.