We would love to hear your thoughts about our site and services, please take our survey 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.
Not sure how you have come to that conclusion. Not at all sure what it’s based on.
Clon refer to the technology as ‘encouraging’ at this stage. The Chinese and Russians have been given massive contracts and have their own technology
To me it seems that CLON / Partner has the best technology, less water usage, time it takes to extract the lithium, scalability etc. involvement of the EU, dare I say, there are so many positives.
Spec savers 🤔
Red
6 weeks and counting. DH out of all your failings over the past 15 plus years please finalise at least one deal and close it.
Time is ticking.
https://www.globaldata.com/newsletter/details/bolivia-step-closer-to-full-lithium-potential-as-1bn-chinese-deal-closes_656733/
Volume picking up
Another happy Friday feeling! Still up to my neck in it but hey still hoping for the best!
Blue
Seems things are moving Fast
https://www.ylb.gob.bo/resources/img/2024/04042024.pdf
La Paz, April 4, 2024 (UCI-YLB).- The National Strategic Public Company of Bolivian Lithium Deposits (YLB) awarded the Transport Cooperative "Vinto K" R.L., of the Vinto K community, in the Salar de Uyuni, Potosí, the "dump truck rental service for construction, maintenance and processing of raw material management 2024", generating the dynamization of the economy in the region.
YLB invited 14 national and southwestern Potosí companies and micro-enterprises, related to the sector, to participate in the call, under the modality of direct contracting for activities directly related to the business line or business. Two bidders were presented: the Delta Rio Grande S.R.L. Company, with a proposal of Bs 25 million, and the Vinto K R.L. Transport Cooperative, which offered Bs 15.5 million for the service, this being the proposal with the lowest price.
"The Transport Cooperative "Vinto K" R.L. complies with the conditions and technical characteristics of the requested service, being the company that offered its services at the lowest price, recommending the award," states the report YLB-GOM-0032-INF/24 of the state-owned company. The awarded company brings together families from different communities in the area, which means an economic movement for the communities surrounding the YLB Industrial Complex. The contracting process was published in SICOES and will be brought to the attention of the Office of the Comptroller General of the State, for its inspection and review within the framework of current regulations
Good news on it’s way? :)
An update
I’ve worked for a next generation battery company and the ceo dangled carrots to hit targets. Has there actually been a next chem x since 2022????
The frustration is everything associated with this company takes so long and is so drawn out.
Poor comms generally but has been more frequent (compared to their normal gaps).
However Chitta in this case it may be more private and rightly so as we are apparently expected to be 6 weeks away from news that will clarify if the company may fold (and DH to be remembered as a complete joke and incompetent fraud) OR whether he manages to secure a deal which would be his only success in 15 plus years but also give him an incredible reputation.
There has to be some Data on the DLE process after all thisbtime and that data will have been passed on to the bolivians for the meetings with the European union.I cannot see why we arent privy to it .
Riseandshine - as always good to hear you are still here. It’s been a long drawn out journey and it ‘may’ have a fruitful result.
Yes you made a good point and I can only assume it ‘may’ be because the YLB know the company well.
I did think it was interesting when David said words to the effect that they would happily send stuff abroad to get the right training . I can imagine YLB were happy with that
Nookie - I also hope not but nothing surprises me with this company
Ghana is dead and buried and will be for many many years. As far as I am concerned this is clon’s FINAL chance to achieve something as all the talk of Australia and Africa are pipe dreams. Clon are fantastic at making ‘pipe dreams’ seem like a real possibility and will keep us hanging on for years.
With 6 weeks to wait this is a crucial and quite significant period of the company and investors
Be careful what we think is ‘bottom prices’ I have been here long enough to know how most people thought that 0.50 was a bottom price a few years ago
Doubt it.
……and it can go down…..
This can go up any time before news
Thanks and that’s promising. 6 months seems too long for me to wait but 6 weeks is bearable.
From march 26th and thats calender days so includes weekends. @ 6 weeks from now
So 52 calendar days from the feb 5th RNS?
I would have thought we will know well before that, this paragraph below takes us to mid may, I would expect we would have results by then.
' In the next 52 calendar days, the 23 authorized companies will prepare their project proposals at a conceptual level, and will be able to carry out inspections of the salt flats subject to the call and access the information available in YLB. '
Pauly80
If they said 6th August, then they will probably have all the testing 'done and dusted' by June / July.
Quotes from RNS: "Bolivia. Assessment by YLB is expected during March (of the reported 38 qualification submissions, including equipment suppliers and consultants as well as Direct Lithium Extraction developers), with negotiations on licence terms for those successful applicants anticipated during April."..........The above mentioned funding is likely to satisfy any initial requirement to show financial capacity
Question? If Clon have been successful in the first round, why wait till later to check if they actually had the financial capacity? Wouldn't that be one of the first concerns?..... Just a thought!