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Https://www.ylb.gob.bo/inicio#
Translation
The National Strategic Public Company of Bolivian Lithium Deposits (YLB) informs the public that, within the international call for "Expressions of interest on the development of projects and technology for the use of evaporitic resources", 23 companies accepted and signed an agreement for the exchange of technical information with YLB and its protection. and committed to the submission of project proposals to advance to the next phase: According to the call, the previous step to move to Phase II is the signing of an agreement with YLB for the exchange and protection of technical information and the signed commitment to present the proposal; In this sense, 23 companies complied with this requirement. 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. The international call was launched on January 26 of this year, the proposals were received by YLB until March 6 and the opening took place a day later, in the presence of a Notary Public of Faith. Five business days later, YLB verified compliance with the requirements. La Paz, March 26, 2024
Blue
Really beginning to think they might pull this off 😎
Tick up soon, steady buying so far
Here is the text of the announcement from yesterday
The National Strategic Public Company of Bolivian Lithium Deposits (YLB)
informs public opinion that, within the international call for
“Expressions of interest in the development of projects and technology for the
exploitation of evaporite resources”, 23 companies accepted and signed
an agreement for the exchange of technical information with YLB and its protection, and
committed to the presentation of project proposals to advance to the
next phase:
According to the call, the previous step to move to Phase II is the subscription
of an agreement with YLB for the exchange and protection of technical information and the
signed commitment to present the proposal; In this sense, 23 companies
They met this requirement.
In the next 52 calendar days, the 23 qualified companies will prepare their
project proposals at a conceptual level, and may carry out inspections of the
salares object of the call and access the information available in YLB.
The international call was launched on January 26 of this year, the
Proposals were received by YLB until March 6 and the opening took place a
day later, in the presence of a Notary of Public Faith. Five business days later,
YLB verified compliance with the requirements.
CLON are in the running!
Well spotted. Thanks.
Middleagedbloke..a double bottom is where a share price hits a bottom then recovrrs and creates a w on the chart ..someone else might be able to explain it better or you can search it on the internet.Over the years ive seen it before a decent rise..Not always but enough times for it to get my attention.
YLB website
Amadan - I hear you loud and clear. I guess this is the frustrating part. Newbies with no understanding of the company history coming in and making bold statements and facts.
The woeful history is testament to the BOD. Nothing achieved in 15 years plus.
I am DESPERATE for this share to multi bag and need a few hundred prevent spike to breakeven. No doubt it is an interesting time for the company and maybe this may be different but I have to be objective unlike many others here.
Why would the Bolivians trust a company that they get along well with but have demonstrated very little?
If…and a big if…something big happens I will be ecstatic.
Reference?
Good news, it looks like it’s gone down from 26 companies to 23 left and Clontarf are still in it! DH will probably give us an update next week.
Are you David Horgan? How can anyone be so bullish given the woeful woeful woeful history here?
Hi, please can you explain the term double bottom.
Double bottom.
The chart looks very strong now.1p target looks very conservative in anticipation of coming updates. Licencing and funding.
This can do up to 1000% on Licencing and funding update.
It Seems that the overhang may finally be clearing, I think David is due another trip to Bolivia in the next few days, so hopefuly we should get some news next week.
The Company further notes that, on 27 February 2024, the European Commission launched an important initiative in partnership with a high-level Bolivian delegation to Brussels. This followed the EU Critical Minerals Act 2023, which aims to boost and diversify supplies of critical raw materials, and support necessary Research and Development. Clontarf Energy participated with other private sector companies, banks and development agencies in these events in the country. The result was that the EU institutions agreed in principle to finance related infrastructure, through the Bolivian authorities, and accepted that Direct Lithium Extraction (DLE) is clean and environmentally friendly. As infrastructure spend can be two-thirds of the total capital cost of new mines in remote locations, this support is critical. Bolivian representatives also accepted in principle that such investment would qualify for contractual offtake rights, under applicable law. This meets the key EU objective to protect and develop its automotive and green technology sectors.
The Company reports that on 4 March 2024, it submitted its qualification materials to the Bolivian State Lithium Company ("YLB") in relation to the Call for Bids ("convocatoria") for the seven priority salares (salt pans) in Southern Bolivia. Assessment by YLB is expected during March, with negotiations on licence terms for those successful applicants anticipated from early April.
To be fair to eagle eye hes been not too far wrong with a few heads up on rns,s.
David6576
Wouldn't that be nice!
My money back...I dream
Atm kellyshero....the mm's seem to be out of shares..
unless they tick here up
Looks like either something is about to hit by way of an update on progress or maybe a big buy order is trying to be filled. Either way fingers crossed!
Atm...can't get a buy quote?
Eagle eyes will post a photo shopped picture of Dave shaking hands with the president of Bolivia shortly:(