George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Lithium will be in Massive demand in the future, from hospitals to milatary, computers to everyday items and yes whether we like it or not electric vehicles. Next-Chemx are tryaling a system of DLE which seemingly is going very well and clon have the contacts and means to use the system, its just a matter of time
Https://www.next-chemx.com/technology/
Lithium Extraction
Demand for Lithium:
300,000 metric tons of lithium carbonate equivalent (“LCE”) produced per year.
3.5 million metric tons of demand per year for lithium is projected by 2035 representing a $45.5 billion annual market. (assuming $13,000/metric ton price for LCE)
Current Situation:
Current process requires evaporation of brines over 12 to 24 months, wasting water, followed by several filtration/processing stages.
Next-ChemX has discussed deploying a commercial pilot system of our NCX at a lithium mining operators brine field as soon as our laboratory demonstration produces detailed results so that economic projections can be shown on their brine samples.
Pilot plant currently under construction to trial the extraction and to confirm the economic advantages.
Wayne
88e looks as if it peaked today,ide be flogging some,whilst the going's good.
oh,i did.lol.
anyway,gl if you decide to go long.
Currently 33.92% down on my investment but not worried as this will come good in the end. Some predicted we would have gone into administration over a year ago but we're still standing so best to sit back and relax and do something more interesting than wallowing on here waiting for something to happen. It will fly when its ready.
Hi all,
Yes me too, down £3600, just wounding if news and we might go up ???
Me in Energy88, good news there we hit oil, if anyone fancied a few K in.
Thank you all.
Wayne
Yes Mr. T,
'Tesla's are so badly built its unbelievable.'
If only the millions of Tesla owners around the world and the richest man on the planet knew that, they'd stop buying them and would put a halt to his ever increasing wealth.
Look, batteries are old tech whichever way you want to dress it up?
As I say, it ain't the future, far from it, but you carry on believing and losing money if you dare to buy one.
Tesla's are so badly built its unbelievable. They are basically an Ipad on wheels!!!
Lithium will be required, yes, batteries are used in hundreds of throwaway items as we all know, this is basically the future for an EV, thrown away and scrapped after 5 to 7 years as you won't be able to afford a replacement battery or the other costs associated with the things?
As the majority are being thrown together in China, many in the same factory identikit with different badges on them I guarantee they won't last very long and will be in landfill in short time!
Mr T
Well you don't have much imagination. look at the batteries that are coming down the line for EV's and the improvement in tech that's coming. And guess what...all with Lithium.
Didn't Horgan say how much lithium is produced from a certain amount of salt lake brine?
Why do peeps persist in saying it dle process doesn't work?
It's obviously does.
Be nervous yes but fgs
One reason why CLON has't succeeded in Bolivia is that the Bolivia Administration hasn't been up to creating a government platform to progress anything meaningful. Lurching from one plan to another. I.E. they tendered and whittled down to 7 companies, guess what? we are down from 30 to 23, so it's anybody's guess how this will play out.
Paul,
Agreed.
However my main point is aimed at the Lithium market and if this deal is as good as some say why does the market appear not interested?
I guarantee despite Clon' s record should this current debate and circus be in relation to our Australia assets, ie, Sassanof, then the sp would currently be .20 plus!!
So what I am saying is that lithium is not as appealing as oil and gas despite what you may read and hear in the media!!
Battery vehicles are a con!!! Many who have bought them and lost thousands of pounds have realised too late? But as they are primarily for the rich and for business to avoid tax it hasn't yet hit home??
Oh and then there are the fires and what it takes yo extinguish an EV! Usually 3 fire engines and a tank of water to drop the things in!!!
You couldn't make it up. But remember this is the future according to governments around the world, who as we know lie about everything, although take note, none of the leaders use an EV!! I wonder why?
Mr T
Interested to see if something meaningful is about to happen or just more waffle
A few reasons but first point of note is you are right. Over the years this board has attracted some disengious and fake posters who are consistently ramping. Some don’t care about the history and facts and simply ramp and will abuse you if you say anything objective .
The so is low because over the past 20 years this company has actually delivered NOTHING. Despite all the talk about ‘amazing relationships’ with the Iraqi’s, Ghanaian government and Bolivians so far in two decades nothing has been delivered or signed.
With that in mind you can work out why the so is what it is
Mmm do they though.
Question, if what Clon is onto is going to be so massive, why is the sp not rising in.line with anticipation?
Posters on here bandy around 1p, 2p. 5p if if if!!!, however Mr Market appears not to be interested! nor do many PI's?
China will flog you any old crap and will gobble up our billions in doing so. They produce mostly vrap products and their battery cars are mo different?
Mr T
The sp will continue to fall until license or technology is CONFIRMED. This is one of the problems with Clon. They have had so many false dawns and so many ‘massive potentials deals’ over the years but nothing has ever been confirmed. This time is different. Success or fail.
Not sure how relevant that post is. Bolivia, Russia, chinaand the EU definitely think that lithium is important hencee the investment.
Main focus is does Clon get any licenses and is their technology with next chem working as expected as opposed to anything else
Don't believe everything you read!!
Look into the real facts and you will see the real facts. Here in the UK dealers can't give away second hand battery vehicles. Nobody wants them? Why would you when you look into the costs of running the things depreciation being horrendous amongst other costs!
Yes there is a place for these milk floats as there is with everything.
Mr T
Im pretty certain DH has been over in Bolivia this weekend, lets see what happens this week.
Blimey he's cheering up
Either way it will be an interesting few months. I remember the shock and disappointment when the well was not successful and the so dropped massively. Let’s hope within the next few months news is positive for all genuine posters
Sorry but not embarrassed / I do feel that they have a Deal and that’s my personal thinking/ I do understand that some have been in this for years and hopefully the shares fly past there buy in price/ happy Easter all
Everyone has the right to share their views, of course they do. However if I was new to a board I would feel rather embarrassed to enter and straight away make big assumptions and statements that’s all. We have people here for many many years who share insightful posters and facts and it doesn’t sit right as it’s lowers the board. We already have a number of people like earlofaim and don’t need more. No offence met.
Thanks to all those that are sharing useful information
Why’s that because iv 17 posts / iv been dealing for years but I’m very happy for you to have your view on me as it would be a boring world if we all had the same views