Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
This is being brilliantly orchestrated by the Clon Team. The financials of Clon and NextChem were clearly never going to suffice but the financials of the EU and German Manufacturing i suspect will suffice:-)))!
Might be an idea f you read the RNS again - 'fools' is an appropriate part of your trading name.
Hurdy gurdy
Given Chinese dominance the EU will provide us with comfort letters and funding to ensure the licences are retained. It's in the RNS.
Clontaff on its own merits I believe will be unlikely to pass the Financial strength tests..
Over 5 years the regulators will want to see sustained turnover and profitability along with a healthy liquidity ratio..
At the suggestion of the European Commission, Clontarf has now broadened its "Team Europe" partnership to include financing and offtake partners representing key OEM manufacturers in the German Mittelstand. Endorsement from one of the world's leading groups of high tech, battery-quality Lithium offtakers is heartening.
David Horgan, Chairman, commented: "Bolivia offers potential for large volumes of high-purity, cleanly produced battery-grade Lithium for the European market.
We must go where the resources are: there are many sources of hard-rock Lithium worldwide, but their mining and processing is often dirty and expensive. Only Lithium brines offer the potential for clean, Green low-cost and high quality product."
"Europe needs offtake. Chinese dominance of Rare Earths, and graphite mining, together with Chinese control of Lithium and Cobalt processing, puts western supplies in jeopardy. We can no longer rely on free markets to ensure supply. European vulnerability is further exacerbated by protectionist moves in NAFTA, and Japan. The EU has little choice but to secure its lifelines."
"No one company or country has the weight to grapple with China and NAFTA - it must be a "Team Europe" effort. Accordingly, we sought EU institutional cover and, where possible, minority investments by Member States' entities to guard against expropriation."
"Finance is best linked to offtake. We are now cooperating on downstream and financing activities with Germany's leading Mittelstand representative body. All markets are important, but Germany's OEM market is critical."
"We have worked for many years on Bolivian brines. But the convergence of fast demand growth, rising standards and geopolitical imperatives now accelerates progress."
There is still a long way to go and the sy if companies is still very big. I think the SP will drop over the coming days as people get bored of waiting again.
Today 11:23
RNS Number : 5613O
Clontarf Energy PLC
15 May 2024
15 May 2024
Clontarf Energy plc
("Clontarf" or the "Company")
Bolivia Lithium Update
Bolivian Brines Qualification for 3rd Phase of the 2024 Convocatoria
Clontarf Energy plc (AIM: CLON), continues to progress its activities in Bolivia, and is pleased to report the following update:
Further to the Company's 6 and 18 March 2024 announcements, the Bolivian State Lithium Company ("YLB") received Clontarf's technical materials in relation to Phase 2 of the Call for Bids ("convocatoria") for the seven priority salares (salt pans) in Southern Bolivia.
YLB confirmed on 14 May that Clontarf is one of 21 companies approved to enter Phase 3 of the (5 phase) process. Phase 2 dealt in detail with the technical aspects of state-of-the-art Lithium extraction technologies, especially emerging Direct Lithium Extraction techniques.
Phase 3 of the convocatoria process will include confirmation of the Clontarf/NEXT-ChemX JV partnership's financial capacity, which include a review of the last 5-years' accounts, and a risk-rating. As a reminder to Shareholders, Clontarf has worked closely with its JV technology partner NEXT-ChemX since 2022.
Oh, here it is - RNS
Very soon Clonarf will have to submit 5 years financial information together with evidence that they have
" have a minimum rating of Level A3 (on the scale of the Financial System Supervisory Authority-ASFI"
Do Clon have that?
Over 900 million churned so far this morning. 10% or 15% of sharage.
Disregarding the occassional squabble on here, back to todays news, the company will surely have to release an RNS to clarify, do you all think it will possibly be today?
Erebus 55 , more like a filthy dirty scammer who needs reporting!!!
Sellers will kick themselves very hard soon.What's coming is too big .
Seller cleared.ππ
Lol David is a well known shorter. Pretends he ramps but puts people off and they sell and heroβs quids in.
Dip is being bought up. Second wave.News still to come.
David 6576 VERY DANGEROUS RAMPING FOOL ON All TOP RISERS BEWARE ! Member since February this year 837 post of ramping crud !!!
Dip is being bought up. Most likely update afternoon time.
Yes, but not a public or substantial player. Small and innovative though.
About Watercycle Technologies:
Watercycle Technologies is a UK-based climate tech company pioneering sustainable and circular critical mineral recovery essential for a NetZero future, creating clean drinkable water in the process. It is initially focused on two areas critical to lithium production and creating a circular economy for the global energy transition, Direct Lithium Extraction and Crystallisation (DLECβ’) and the recycling of spent lithium-ion batteries and black mass (shredded batteries), working alongside major lithium producers globally. Watercycle Technologiesβ scalable, modular technology delivers dramatic reductions in costs and has a reduced environmental impact than other processes available. Itβs patented advanced membranes and filtration systems can also be applied to the extraction of other critical minerals and metals from all types of water, including wastewater.
Based at the Graphene Engineering Innovation Centre in Manchester, (GEIC), Watercycle Technologies is a spin-out of the University of Manchester and is backed by business accelerator Aer Ventures.
www.watercycletechnologies.co.uk
Watercycle Technology is UK based.
David this will rocket once the Bolivian market opens.
Can you reference a source that said we needed to pass Phase 2 to be eligible for EU support. Why ? Because, if you are right, todays' announcement from the Bolivian Government is even more significant than I thought !!
The market has not yet realised what all this means . RNS needed.