Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. 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.
Over time, tests, the data collected and analysed will provide virus load and indicate probability of size of outbreak. But other advance, as a result of the work so far, will extend that further. News on that to follow, but it should be yet another game-changing outcome of our real-time Novel Sensor.
Yes the sensor can detect loading.
one thing i would like to know is that can the tech tell you how much off the virus/bacteria is there not just that its being detected if you can tell how much or how big the outbreak is it will be game changing
Thanks GB. Another fantastic post that puts the whole thing into perspective. In my last post I forgot to mention that a prototype desalination plant had been established in Gibraltar in the early days of and by MWG. Interesting that the French chose Gibraltar and Oman for their interventions. Just as an aside, if desalination plants are for the big boys presumably MWG will be selling to one of them. BP, for example, with their contacts around the World and especially in the Middle East plus their need to move away from fossil fuel would be a good company to run a desalination business but I'm probably trying to teach my grandmother to suck eggs - if so, apologies.
@ImABeliever
Answers to 1 and 2 is that I suspect they spent too much time and resources on a project that could not be sustained. Chasing large contracts over years is a big boys game, for the likes of utility companies, not small cap companies with limited resources. So they ran out of runway is how I see it and as a result had no alternative but to close it down. As for Gibraltar I have no idea what they are doing, as it all is in the past.
The Company had 40 employees in their 2018 annual report. That is now a fraction of that amount and a lot have been removed since the new business model was put in place. Its just not the same company it was 4 months ago.
All the old Board have gone. However executives with long term institutional knowledge play a key role in transformation from old to new. Those who stayed have been instrumental in help change and skillset that were missing have been added, some skills missing from team members have been supplemented with new contracts, collaboration, revenue sharing and all in all it is a lean machine today.
If they had sold off the monitoring division I would not have bought in, and brought in investors with the new Board. That is the gem. It is exactly the same hidden gem that was in Integumen when my team invested in that, when 6 months before we took over, Labskin was offered for sale, or was to be moth-balled. That became the core holding of Integumen.
I expect the Monitoring division to be the gem in Modern Water and currently it is being transformed to achieve similar goals.
It's always the little things that are overlooked. I am a believer, as I invested and take my fees only in shares from Modern Water.
GjBrandon, could you please clarify a few things from your excellent post:
1. Did the Gibraltar cancellation cause the subsidiary liquidation or was it because of the liquidation?
2. What is happening in Gibraltar now to satisfy their water requirements? The point I am trying to get at is, is there any chance of reviving this contract or making anything of the disaster that happened?
3. Do you see MWG's distribution strength in monitoring as a one-off thing or is there a lasting value to it? In other words, can it be developed and improved over the coming years? Will it become a greater asset in the way any well run distribution business can grow?
4. Sorry to go on about an old chestnut, but I (along with many others judging by such share chats) just don't understand the rationale for continuing with the current executive team. You say the monitoring division is the real area of strength and interest yet they were hell-bent on disposing of it last year - this was their main recovery strategy. Yet, I assume, no buyers could be found. I'm not saying get rid of them, but I would like to see an argument for their retention. What is it that they have that is so unique? What are their strengths that, seemingly, overcome their weaknesses? This is not personal. I would love them to be successful but I just need to understand what they bring to table that makes them the team for MWG.
I chose my posting name precisely because it is correct - I am a believer and have been so for three years, building up what for me is a substantial holding. The chink is the mailcoat is the executive team. I just need to understand why they are still in place and am open to all those reasons!
They also don't reply to phone messages, strange attitude.
@PitseaAbe and @Paulcon62 First I want to thank you for having faith in coming back in and supporting the turnaround of Modern Water. It takes a certain mindset to leave behind the past in a share and buy in to the future of a business model. I very much admire and respect that and conspiracy theories aside, the Gibraltar contract was cancelled in August last year, when one of the subsidiaries went into liquidation. https://polaris.brighterir.com/public/modern_water/news/rns/story/wvlk90r
I got involved in Modern Water in March on the Board and investing along with many Integumen shareholders because as a mechanical engineer I understand the technology. However, the real reason is that they had the Monitoring division, with a 30 year gold standard Brand in water contamination detection, with thousands of installations in more than 60+ countries.
Here is an under-exploited sales, marketing and distribution channel for the SKIN real-time identification of pathogens. When we got involved, we did not foresee COVID19, just a hidden gem. Now the monitoring division is core to the value in the future of Modern Water. The rest of the technology is wonderful, but at the core is the accumulated 30+ years of knowledge and a distribution channel next to none in even very large water utility corporations. This will be the value in the future of Modern Water, working with Real-Time novel sensor to identify pathogenic virus and bacteria in drinking and wastewater with Integumen's already successful 4-second ID of bacteria and using proven Avacta Affimers and Aptamer Group Aptamers that have been successful in capturing SARS-CoV-2 for their clients in recent weeks.
So, again I thank you for your support. We are doing our best, working with the virus to deliver the results this quarter
Paul, that's for SKIN thread ;)
I'm not sure I can afford to increase my position lol
Paul, if they nail this then there are going to be MWG & SKIN investors all over the country screaming like kids then screaming drunk not long after!
Although I keep telling myself September for first step and Christmas for big picture unfolding.
Paul, yup agree it would of been a good one to do although I always thought it was somewhat of a distraction from where they should of been targeting their resources and we all know what happened ;-)
Yup, in on both 2:1 in favour MWG and now a butt clenching large position :o
I wouldn't look too far into the Gibraltar contract. The likelihood is higher that it's simply the slow pace of Government actually being prepared to cough up the necessary monies to get things done.
I only found out about the newspaper report in the last two days when I posted it immediately. I see it's reported in a paper dated November 2016 so it must have been known about by the MWG board for quite some time. No wonder they don't post here (apart from GB, that is) and no wonder they haven't been buying any shares. When I had suggested in my last post about a month ago that the French may have been involved in the loss of the Gibraltar contract it was speculation on my part but not without foundation. I'd had a meeting with the first chairman of the company after an AGM. He told me that in the very early days of MWG three purported French students were being shown around the University when they were found photographing everything they could find in the office of the professor who'd had the idea regarding osmosis. They were quickly escorted from the premises. When I learnt that the project in Oman was going nowhere because of French involvement at the highest levels in the country I immediately became suspicious. As an aside I was rubbished for promulgating a conspiracy theory about the French but you take the slings with the arrows. The French obviously consider water to be a strategic area that they must be involved with and will go to any lengths to ensure they are at the forefront of any developments and any opposition is crushed. I wonder if there is anyone reading this with a high level government connection that can bring this matter to their attention. It's shocking that the French government seem to be getting away with stealing what should have been our business. Surely, at government level, we should be going into Gibraltar to ensure we get the business that has been stolen from us even if it means a heavy subsidy. I've never been sure about whether we should be in or out of the EC but on reflection who needs friends like the French.
I'm sorry to be the bearer of possible bad news, Paulcon62. If it's any consolation I bought in when the share price was 80p and have lost a big sum (not very nice when you are retired). I recently bought in again (nowhere near as much this time) in the hope that the C-19 research might bear fruit. We'll perhaps find out in the not too distant future. Fingers crossed.
https://www.khaleejtimes.com/international/europe/veolia-your-glocal-environment-partner
Veolia's ingenious approach is also reducing the cost and price for desalination of seawater. In the future town of Masdar, Abu Dhabi, Veolia is promoting the use of new HiprodeTM technology for the reverse osmosis seawater desalination programme and the renewable energy programme. This allows desalination through smaller units, and hence reduces costs. "The results obtained using this 300m3/day demonstrator will confirm plans to construct a large-scale reverse osmosis desalination plant. HiprodeTM technology had already been tested and confirmed using a prototype installed at Veolia's seawater desalination plant in Gibraltar."