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given the new Chilean political situation ... Bolivian Lithium will be the next big thing!!
Sticky hands … I am accumulating.
TR-1 yesterday indicated that there are only between 50-60 million placing shares left. Once these are gone then we are free to go.
I don’t think it will happen, but if it drops near placing SP then more shares will move to sticky hands … mine.
Even a small punt can lead to massive gains.
Bolivia ready to tap into their huge Lithium deposits given the price appreciation of Lithium generated by huge EV demand going forward.
Shares moving in sticky hands now.
Every AIM stock is speculative.
-------------------L ON G T E R M E R S-------------
Hope the long termers in Clontarf dont mind us new investors.
Why? In the recent case of a hedge fund that lost his fortune of $20 billion in 3 days, it stated with him not wanting to support the funding for a big media company [his part funding].
The share price tumbled and he was liquidated by the big banks that lent him his capital etc.
So, Contarf*s raising of £500k vs £3m mkt cap is NOT easy to absorb from EXISTING SHAREHOLDERS and therefore NEW BLOOD IE NEW INVESTORS do help in that they are buying this stock. This in turn helps to steady the SHARE PRICE as EVIDENT in the last few days post this said funding. It also ensures the SURVIVAL of the co at the extreme thesis.
As long as the RISKS are made clear by the co ie 6 May 2021 RNS, ALL NEW INVESTORS UNDERSTAND WHAT THE RNS SAID ie " co is in negotiations" re Bolivian lithium. Everyone knows what NEGOTIATIONS ARE ie NOT AGREEMENTS.
With best wishes and goodwill to all.
Tues, 18 May 2021.
It is positive going forward for everyone and hope people dont mind me putting BOTH sides given that WITHOUT NEW INVESTORS taking the new funding stock, it could pose stock that need to find a home?
news on seller out soon then
also results due this month
and agm not long after that
I mentioned this Bolivian economist and lithium expert named Zul.....
He has been engaging with 2 posters on #CLON thread on Twitter.
One knows he is the same Zul named in the Grist article on Bolivian lithium and the President given he was asked his opinion.
How do I know this chap is the real Zu....?
Another lithium expert, J.Lowry retweeted one of Zul...tweets.
Zul NEVER TOLD ANYONE ON THE CLONTARF TWITTER THREAD # CLON that your co is NOT IN NEGOTIATIONS AS YOU LOT THINK FROM THE RNS.
Surely, he knows who the INTERNATIONAL INVESTORS ARE given he is in BOLIVIA and an economist that specialises in Bolivian lithium.
In fact, he should hear lots of things on the ground and could be one of those that are close to the action etc.
So, he should have told us YOU LOT AT CLONTARF ARE DREAMING BECAUSE YOUR BRIT CO IS NOT IN THE RUNNING ETC?
Have a look on Twitter - the evidence is there for EVERYONE TO SEEK AND CHECK?
So, I do know that UNLESS he tells us that the co ie CLONTARF IS NOT WHAT THEY TOLD YOU LOT IE 6 MAY 2021 IE IN NEGOTIATIONS, THEN YES, MAYBE THERE IS A BOLIVIAN SOURCE but as yet, NO ONE KNOWS IF CLONTARF CAN OR CANNOT SEAL AN AGREEMENT.
One thing one knows, they are in negotiations - EVIDENCED FROM THE CLONTARF RNS, 6 MAY 2021.
Mon, 17 May 2021.
In the most recent news from Brazil INCLUDING the President of Bolivia tweeting about their lithium, there were 1 5 c o m p a n i e s but NOT all were named except the big co*s like GANFENG.
Once the 1st co*s seal an agreement out of these 15, we at Clontarf should KNOW shortly after that given it is from the 27 Apr 2021 news that broke stating Bolivia invites INTERNATIONAL INVESTORS.
So, cut the story short, CLONTARF WILL HAVE TO ISSUE AN RNS TO STATE WHETHER THEY GOT AN AGREEMENT IE JV 49% per their new May 2021 Presentation or they DID NOT GET THE CONTRACT/AGREEMENT per the Clontarf 6 May 2021 RNS stating the co is in "NEGOTIATIONS."
Many of the more well known buyers who are Tier1 holders in other co*s etc have NOT BOUGHT INTO CLONTARF as they may deem it too speculative dependent on AN OUTCOME of an agreement or NO AGREEMENT.
Hence, if there is NO AGREEMENT signed, then us NEW INVESTORS are open to LOSSES as we newbies bought on the Clontarf 6 May 2021 RNS which everyone understands that it is in negotiations which MAY OR MAY NOT be signed.
Hence, rather puzzled given that after the placing at 0.32p to advance these negotiations, the share price has been 3 days SINCE at 0.36p to sell and 0.39p to buy. NO NEW INVESTOR IS IN PROFIT TO ANY EXTENT GIVEN THE SPREAD IS BIG AS ONE CAN SEE.
Hordes have NOT arrived as they are cognisant of the risk. However, I do not normally buy on such a outcome but this is a lithium play that could or could NOT turn out. Given the mkt cap of £3m, it is termed speculative or a pure ticket.
Mon 17 May 2021
I know Gulible, I've been in for a fair few years. I cant make my mind up on this share whether it is a genuine and honest speculation or an organised pump and dumper. Its a bit like GLR which I'm also in.....and give them the benefit of the doubt that one day this will come good..
PS - large sell offs
These are down to the placing shares being very carefully sold. Still circa 60 million to go (TR-1 today).
Gulable, definitely, we are all entitled to our opinions. - I never implied otherwise.
Isn’t debate what this board is about?
Yanis, I am entitled to my opinion as much as you are, just because it differs from your own doesn’t mean you are right and I am wrong, only time will tell.
Long term holders here have heard all this hype many times before, why has Clon never been awarded a mining contract then since it was formed over a decade ago so how can any government judge their competence, also note the large sell offs which doesn’t display a pending opportunity.
And TR-1 just out — Monecor only has 64.3 million shares left (as of last Friday) — running out fast.
News, Yes, you are right. So in essence, it confirms that these people are being political rather than technical and objective.
The fact is Bolivia needs money and Bolivia has vast lithium resources. Also a fact that the new president is an economist and already called for industrialisation of lithium and invited proposals for 51-49 JVs - one of these is CLON.
There is plenty of lithium there for many partnerships. A JV with CLON will significantly boost CLON MCap.
Zul in the article relating to the NEW PRESIDENT L.A. and lithium was positive.
For some reason, he did not like us Brits investing.
That*s what I took away. Now, he is quiet when I showed him what he himself said.
LoL. All good - that shows he is aware us Brits knows what he said about the President*s Bolivian lithium plans which is positive but he tried to tweet us otherwise based on the old days which was yonks ago. Just shows when presented with EVIDENCE, he has nothing to say further.
News, Zul and some of the other people that responded to my tweets I think they have purely political views.
I think that the previous president even though he invited the Chinese and Gernman companies (later counselling contracts via decree), effectively tried to go it alone and without the expertise lost a lot of money.
The new president is an economics graduate from UK and also has a Masters degree from Warwick University. Being an economist, I am sure he knows what is good for the country and how to go about monetising it.
He is already pushing ahead with industrialisation of the lithium industry
A page has turned in Clontarf’s story … it should not be long now (all IMO DYOR)
I saw what Zul tweeted to you over many tweets. He started to reply to my article.
I decided to look up further and I managed to get an article about the new President and lithium which also QUOTED Zul [Grist]. Then, he went completely quiet.
Oh, by the way, further to AIM co*s, I undertstand that to run an AIM CO it cost £150,000 just on the fees etc ie regulatory etc.
Gulable, I know it has taken quite a long and has caused frustration. I understand that.
CLON does clearly state what the current situation is with Ghana and Bolivia on their website. Are you trying to say that they are lying and CLON is a fraud? On what basis could one make such a claim?
The BOD is owed money. Cash burn here is extremely low, current placing is for £500k and from what I can gather the one before that was also for £500k about a year and a half ago. Obviously is not a lifestyle company like quite a few on AIM.
Trying to warn people off? Why not let them make their own minds up? They will not forgive you when one of the projects comes good and the SP takes off.
I am betting on politicians greed :) and since commodities prices are sky rocketing they will want a piece of it.
is part of the BRITISH scene. The President [new] Luis Arce studied at Warwick University in Britain and has a British degree. Same with many leaders who in the past schooled in Britain like London School of Economics and such like prestigous universities like Cambridge-Oxford.
When they go home, many of them hold HIGH POSITIONS IN GOVT and some are royalty including kings or queens.
When the British go to do business and meet the above, oh, they reminiscence about their days in Britain and talk about different things they experience then. ALL COMMON KNOWLEDGE WITHIN THE DIPLOMATIC CIRCLES WORLD WIDE.
Hope that helps. Some of us RESEARCH THOROUGHLY into this.
I would NOT HAVE POSTED EXCEPT THAT NO ONE WAS AWARE THAT BOLIVIA HAD EVEN OPENED UP THEIR LITHIUM WITH CALLING IN THE 15 CO*s VIA ONLINE MEETINGS. This was in APR 2021 which Clontarf then confirmed that they are in negotiations on 6 May 2021 via CLON RNS.
Many of us HAVE TAKEN OUT CASH IE MONEY TO INVEST IN CLONTARF - we are not looking at past history of which we have little knowledge about relating to what the long termers are ...about. IT HAS BEEN MADE CLEAR BY ALL POSTING IE NEW INVESTORS THAT IT ALL HANGS ON WHETHER CLONTARF CAN SIGN THE AGREEMENT WITH THE BOLIVIAN GOVT VIA THE STATE CO.
If CLONTARF is NOT SUCCESSFULL, WE COULD LOSE OUR MONEY hence that has been made clear. Hence, why I myself have NOT invested LARGE SUMS as its may be termed risk vs reward. If they are not successful, we may have to wait for Ghana oil news. OTHERWISE, WE BECOME BAGHOLDERS if we hold to the end and wait for other things to happen. If one sells out then, one loses money. SAME WITH ALL CO*S ESPECIALLY ON AIM.
DYOR. Do due diligence.
Q: Why would they give a licence to Clon with no mining experience.
A: If you look up on the website, Clon has been interested in Bolivia for quite a long time so they know a lot about the lithium. Clon was working with the Army on this and this is known from Clon*s website. Bolivia is calling for INTERNATIONAL CO*s and one of them is GANFENG, 1 of the largest producer of lithium from China. NOT all the other co*s are named but the latest article said 15 CO FROM DIFFERENT COUNTRIES - see the article on Twitter under #clon thread.
Given that Clon stated on 6 May 2021, they are in "negotiations" with the Bolivian state co for the lithium licence, one has to take that this is FACT? Also, I provided that in 2019, 6 rivals including CLONTARF fought for [BIDDING] for the North & South of the massive salt lakes but the winner was a CHINESE CO, CTEA from recall?
The President of Bolivia has a OFFICIAL TWITTER A/C [verified] and he tweeted about the Bolivian lithium. The country NEEDS THE MONEY from their lithium. One can read an article which translates the President*s OWN tweet on this.
On the board of Clontarf is an director who is also Irish and he is the HONORARY IRISHCONSUL TO BOLIVIA. He is involved in the construction business and from what I can gather is not the housing projects in the private sector but MORE the state type construction. That was MY impression as I checked his LINKEDIN also some time ago.
Mr Horgan gave Proactive Investors an interview in 2019 about the Bolivian lithium and he said that THEIR PARTNERS WOULD BE THE CHINESE as the lithium processing etc needs EXPERTISE.
No one in Bolivia can get a licence 100% as the state takes 51% stake. Hence why Clontarf stated in their latest May 2021 presentation that they are looking at a 49% JV. So, one logically thinks that Clon*s 49% licence IF [OPERATIVE WORD IF] they can indeed get a licence, THEN they would have to look to the CHINESE but NOT CLEAR in what % or HOW?
The lithium resource has been said via a video some years ago that it is WORTH $1 TRILLION given 50% of the world*s lithium lies in the massive salt lake. Clontarf in their presentation said they are looking to a MID-SIZE PROJECT.
WHY SHOULD BOLIVIA PICK CLON?
From what one can gather, the LATEST is that 15 CO*S FROM D I F F E R E N T COUNTRIES are speaking to the Bolivian govt via their state co. THEN, there is $1trillion worth of lithium but may be MORE NOW given prices have gone up. SO DIVIDE 15 BY $1TRILLION = LOTS TO GO ROUND. WHY CLON? It is a LONDON LISTED CO, WITH WHAT THEY SAY IS A LONG ASSOCIATION WITH BOLIVIA GOING BACK TO THE ARMY DAYS [bolivia lithium] so like all biz, it is about networking and establishing long standing relations. Bolivia wants to do biz with CHINA and there was an article about this recently re: Bolivia lithium. Others include the GERMANS, RUSSIANS. From what one knows of politics etc, perhaps a BRITISH CO like C
I am not doubting that Bolivia has mega amounts of Lithium to extract but why would they give out a license to Clon, a company with no mining expertise or background when they could give out licenses to companies with large mcaps and resources who specialise in mining?
Yanis my time is not wasted here if I can open at least some people’s eyes to what’s really going on with this share. If they want to believe all the rampers who have suddenly appeared then disappear just as fast then I wish them the best of luck.
Silly low Mcap under £3m ???
Bolivia Lithium JV should put this low Mcap behind for good.
Reading these messages is like watching the same movie over and over again. The only difference is that the names of people posting are different. Could possibly be the same people who change their name every few years. This company is quite remarkable. If any of you read my post a week or two back, I asked the question about how a company like Clon and Pet can drag these pretence and suck so many suckers in over 10 years plus.
I have now got the answer! Look at the activity, projections, rampers, derampers and SP forecasts!! I sadly check these board every day / every few days over the past few years plus. What have I seen? A dead and inactive board for many months and then a careful rumour - a spike of posts and activity then it all falls back and dead for another 6 months. Some of your names are familiar and others are new. I've seen it many many times over the past few years and the same story seems to be repeated.
I read people saying 'only thing we are waiting for is ratification'? You make it sound like its inevitable and close? We have been waiting nearly a decade? That is no short timeline.
Despite my negativity (which may I add is fully justified as have been taken for a ride by the BOD) I still hope for a miracle. I can predict the next AGM - Full of promising updates, 'full of grand statements and full of 'anytime soon inshallah' statements and all blame will go on Covid which has been around for a year.
I hope for a miracle and an opportunity to get a false rumoured spike that makes SP go up to 1p plus then i will immediately sell my large ish share holdings so i can breakeven and use that money to live my life.