Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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...also, I very much doubt the EU would want to engage commercially with the Russians/Chinese...
Clon do have a distinct advantage of being EU based... ...hope they can utilise it...
GLA
@JALLis
If the Chinese have it, they haven't been using it in Bolivia. They've been using traditional methods.
Appears that Russian and Chinese companies involved in the bidding also have DLE tech according to the YLB
More of the same tomorrow
Rns's to the right read 'em won't take long
Steady as she goes
I just want confirmation of next chemx tech.
The 52 days is the time given to the bidders to compile and submit their datasets, after that the gov reviews, shortlists and then moves to phase 3 the submissions and reviews of which likely take us to the Aug 6th date
The news that I'm expecting is confirmation that CLON are still in the race... that would be good news. It would be even better news if we found out that some companies had fallen by the way side.
Question - there appears to be a view that news on the licenses is expected over the next few weeks, could someone clarify what the source of this is? Based on the interview DH did with StockBox in March he mentioned contract signing would be by August 6th - this would also align with the following:
"“Let it be clear that we’re working with the most legally serious companies. Twenty-five companies moved on to the second phase and in the coming days the information exchange agreements will be signed, which will be mainly technical,” YLB’s president Karla Calderón said in a television interview.
Calderón added that the companies were authorized after verifying compliance with administrative and legal requirements established in the call.
In the second stage, qualified companies must present their proposals and prove their technical and financial capacity to carry out the proposed pilot projects.
In the third phase, the YLB evaluation commission will analyze the proposals and issue reports on the companies’ suitability to sign agreements with the state firm. YLB plans to sign the agreements on August 6."
https://www.bnamericas.com/en/news/bolivia-qualifies-25-firms-for-lithium-pilot-plants
https://www.youtube.com/watch?v=wNM5gTjAsuw
Appreciate the last RNS mentioned negotiation on contract terms during April but that doesnt equate to contract signing.
Thanks to Eagleeye for clarifying EU funding!
Apologies, rebel100, I was led to believe that there was potentially a support package available from the EU (don't know where I picked that up from) and was thinking that any indication that they were providing that would be a signal that CLON were progressing to the next stage. At the very least, EU officials would want to be greasing the wheels to get European companies on the list of licencees.
22Million at a weighted Average of 0.08 - I m looking for X10 on that because I'm A) greedy B) Deluded and living in fantasy land C) Playing the long game on a moonshot. D) all of the above:-))
Thats the general idea lol
If the tech works well and they get the resources, you will be loaded. Fingers crossed x
There are loads of clues in recent RNSs to EU Funding, this is just one of them.
The Company further notes that the European Commission is vigorously pursuing its priority Critical Resources Initiative, and committing substantial financial and other resources to bring producers, suppliers, and users together to secure adequate off-take for European markets. EU private sector and financial institutions now focus on strengthening critical raw material value chains between the EU and Latin America.
Further updates will be provided, as appropriate, in accordance with necessary clearances from the authorities.
"Cos last.month there was something which said about clon getting the license"
There was no definitive announcement; only that CLON has been added to the shortlist. The final decision will be made in May. It would be a welcome change to see an uplift. I currently own 1.74% at 0.052 and have been in a deficit for a while. I remain confident of a turnaround, hoping for a legitimate increase rather than another pump and dump that would plunge it back into obscurity for another year.
@ steward1
The EU wants a of supply of lithium, it's as simple as that.
They don't want to have to get if from China, US, Russia etc.
Agree 100% and the potential re-rate is indeed significant given what could be around the corner. From this paltry level even a 10 bagger would only put this at 22-24M Mcap which would be massively undervalued if they pull it off
If the sp is going to increase in the way that the majority of us hope then the start is of that shift is going to be now - that's not a ramp. It's very simple - news is expected soon and in the run up to that news, people will start buying hoping to make some cash... whether they hold long term is another matter.
There's huge potential here - CLON may get 1 or more licences or they may not but they appear to have a unique relationship with the BOL authorities which counts for something. The EU angle is likely to benefit CLON as well. DH seems to have done a good job making all these connections and I think will have a strong case to put forward to the BOL authorities. I guess some bidders will be knocked out come 9th May - if CLON are still in then we should see a significant re-rate. I'm hopeful!
Does anyone know the criteria for getting EU funding?
This could be one that really takes people by surprise when they least expect it. Took a few mill yesterday GLA
Coming very soon ;))
You already know this. They have run out of blue ink.
Pipe
I'm in with plenty thank you and have been for over 12 months!
Cash will be needed despite possible EU funding which may or may not be forthcoming?
Hopefully the next cash raise will be at a substantially higher sp somewhere around .25 would be acceptable. As we all know the one good point about Clon is its ability to raise cash when it is required.
I am being realistic here as I know from past experience in these deals you will need to have cash backing to move forward and to be taken seriously?
Mr T
Mr calm - we have seen multiples of what is being traded today and nothing happens.
Then all the rampers join in telling us there must be a leak and expect an RNS Tom morning.
You’re right pauly80
And by the way The share price is moving like this for ages
Allow him
Btw Triumph still plenty time to get back in
A cash call is unlikely, if we get the green light we should get EU Funding.