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This has clearly progressed further in LAB testing than we are being told DH is far too astute to have committed further otherwise. Pilot Plant and Results will be a phenomenal game changer!
My calcs might be wrong but it seems to me that the additional shares increase the total number of shares by a little less than 10%. I would hope that this will be more than made up for by an increase in sp, although I guess there may be a small blip to get past.
This share will take of now
0.10 ?
dilution ?
The rns from the 15th of feb had timelines for test results due in may. The one from today has no timelines. Not sure now when we expect the test results to be published
Discussions in asia suggests this process for extracting lithium of a high quality could well prove to be a game changer.whether we believe that electric carscare the future or not lithium will be in great demand for years to come as batteriesxare used in many other applications.If clon got its sp in to the low pennies it would be huge for some.
News finally in and its great!!!
Ticking along nicely. We'll done Clontarf and the gang!!
Good to see the Jv is now binding
Great to get this RNS over the line. More clear progress. Well done Clontarf!
https://twitter.com/davegiudicedave/status/1653916958734135296?s=46&t=zuwyd0D_7az2Nr9qLdLSCg
burnemc
good call re Kod
the only way to make serious money has to be buy low and hope for a good rns..
hope Clon does well lets see what next bews comes
Kellysheros 9.19
Going through everything today. Reading the statement released by the CEO Brenton Wilcoxon. It says in Q2 testing will be completed. Looking into the new contracts that were signed on 21st April. Directions who have gone with out pay or are not taking pay now ( their option) if they are owed money can claim it back as cash or SHARES!! This must be submitted 30days after this contract was signed . This is in effect up-to the 30th June. The fact they have brought the meeting forward to the 18th May. Looks like we should have competition by the end of the month. Offers from the YLB and moving forward to testing In Bolivia. Also the fact that the JV contract has options for 3rd parties to join ( which is a good thing. Muln for example could finance expiation or the YLB to enter to get other companies to use the technology) is good as it. Speeds up how quickly we can get the iTDE plants out and get more companies using it.
1.5million shares available to short CHMX
None taken. Says it all
Could this lead to a financial backer to push things on faster ; )
Nextmetals makes aluminium for muln and they need lithium for the batteries.
Nextmetals owns 66% of Next-ChemX
The shares owned by NEXT-ChemX (Texas) are beneficially owned by the shareholders of that company; the major shareholders of NEXT-ChemX Texas are: NextMetals Ltd (66.54%), Dr Kocherginsky (20.97%), J. Michael Johnson (5.50%), and 6.99% is owned by 2 other smaller shareholders .
The Agreement sets out the plan of cooperation by defining an initial phase in which the Company undertakes to complete a pilot system to test its iTDE technology on specific Bolivian brines (“Initial Phase”). Following a successful demonstration of the technology before representatives from YLB and having obtained an understanding with YLB of the terms under which the Partnership may deploy a commercial pilot plant in Bolivia, the second phase of cooperation will commence (“Second Phase”). During the Second Phase, the Partnership will undertake to finance and deploy a commercial pilot plant designed and developed by the Company in Bolivia to begin the extraction lithium for an agreed to demonstrate the commercial and ecological profile of the iTDE technology. If the Bolivian pilot plant proves successful, the Second Phase is expected to lead to the execution of a licensing, extraction and exploitation agreement between JVCo and YLB (and / or third parties working with YLB) to commence the path to the commercial exploitation of one or more Bolivian lithium deposits (“Exploitation Agreement”). As an inducement to YLB to conclude the Exploitation Agreement, the Partners may agree to grant YLB (or the third parties) an equity interest in JVCo, diluting the Partners’ interests equally. During the final phase of cooperation, the Partnership will be wound up and the Agreement terminated, being replaced by the JVCo, with any further obligations between the Partners being governed, as necessary, by a shareholders’ agreement.
Bolivia largest Lithium resource in the world
https://m.timesofindia.com/business/web-stories/countries-with-the-largest-lithium-reserves-in-the-world/photostory/98431137.cms
Bolivia
US Geologist reports on Bolivia Lithium being the largest resource in the world!!
holding this......
will earlofaim hold for longer than a day after disingenuous pump after pump
btw pal if I can see what you do would not be hard for regulators to track your history
Same logic for me as well Matt.
join the dots.... Bolivia President has earned his degree in the Warwick University, UK.
CLON has good links with the Government.
Next Chemx JV with CLON so that NEXT-CHEMX gets the Lithium extraction deal
huge potential here
https://www.forbes.com/sites/cme-group/2023/05/01/can-lithium-save-bolivias-economy/?sh=259fbf14268d
How many people have sent some emails?
I took a million to bottom drawer, fingers crossed in 3yrs it adds the the retirement pot
A Proven Significantly More Economical and Environmentally Friendly Technology To Extract Low Concentrations of Ions from Liquid Solutions
NEXT-ChemX's technology is designated as "NCX"
Applicable to: Lithium extraction, Vegetable Oil refining, Radioactive ion extraction, Metal Ions extraction, and Desalination