Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Has direct connection with the Bolivian government
Fantastic opportunity
Billions of #Lithium waiting to be extracted and #Clon has the contacts with the government
Stop Ria. Just Stop!!!! You are adding zero value.
We have a lot of victor mildrews on here don't we...lol
Honestly please, please stop. Name the contact that has assured you they have direct contact with the Bolivian government , I think you are on the Bolivian.
Https://twitter.com/Tahirme61523728/status/1704086327182909942/photo/1
Mattle Clon have worked with the Bolivian authorities not sure if that means the government itself. Jan funding rns.
Clontarf Energy plc has advanced its discussions with the Bolivian and Ghanaian authorities in recent weeks, per the below update:
· The Company's September 2022 auger campaign on six priority medium-sized salt-lakes in Bolivia yielded lithium grades in all samples taken. Its recent near-surface sampling from auger samples included results of 1,420 mg/l at one target salt-lake, and 1,010 mg/l at another. The overall grade averaged 211 mg/l. Future drilling will identify the priority brine zones to be tapped, subject to all necessary permitting and applicable laws, and funding.
· Anticipated global market demand will be at least twice current global supplies, with tighter purity targets for the lithium-ion battery industries. The best way to deliver these volumes and qualities are via direct lithium extraction ("DLE") technologies, now under development by various companies.
· At the request of the Bolivian authorities in 2021, Clontarf Energy plc has sought out market leading technologies capable of delivering high purity lithium salts, with minimum deleterious impurities. After an exhaustive search, we are optimistic that one such ionic separation technology may provide a breakthrough in volume processing of the large-scale brines available in Bolivian salt-lakes. Accordingly, Clontarf Energy plc is finalising a Heads of Agreement with a potential DLE processing partner on establishing a Joint Venture to exploit all available brines in Bolivia, subject to, inter alia, necessary government approvals.
· If laboratory test-work and DLE processing succeeds, the Company plans, in partnership with its potential the DLE processing partner, for production of lithium from brines using one or more sources.
· This work followed an augering campaign, and encouraging chemical analysis on the areas of the targeted salt-lakes of highest priority.
We should be getting an official update soon but feels like all has gone with the field-test - from July RNS...
'The next step is to field-test our iTDE process for the authorities, on the larger scale (40kg) samples received by our team, with all necessary permitting in accordance with law, from the 5 priority salares (salt-lakes).
The first phase of this process includes exhaustive laboratory test-work, testing several processing sequencing combinations, which is expected to be completed during the Q3 2023.'
Great time to be in here .......Great afternoon so far,......expect we are in for a strong week this week
Expect CLON and KDR will have a good weeks and today is the bottom for CLON according to my technical analysis ....
‘No trades of substance thou’
That’s no bad thing as little leaks and little buys are driving this then great. We can wait for the big buys. But 14% on no news is great.
Ive just logged on, ria20 is blocked. That was ridiculous, im surprised LSE didnt do anything about it.
So what is behind the rise? Anything? Or just a bit of a fluke?
Was the tweet by Clon. Also news expected soonish
Https://twitter.com/ClontarfEnergy/status/1704075946624454877?t=iNKWvm8w8wRn7XZzyuP8Kw&s=19
Interesting .. looks like original was deleted and a tamer version now in place 🤷
https://x.com/ClontarfEnergy/status/1704128740169765120?s=20
"EXXON to analyse Lithium extracted from brines"
Above News Flash just showed up on Bloomberg.
Could CLON be in line to get $50m investment..similar to what General Motors did?
A 4m market cap seems ridiculous for the potential here Risk v reward is very favourable IMHO
With this snippet of good news it shows The JV must be supremely confident the ITDE tech works effectively and efficiently and will scale up to commercial volumes.Good sample results will attract interest
JV still need to work on their communication / PR to capitalise on this as it has been poor.
After a dismal few months,it looks like the excitement in Clon has returned.
GL A
Turn off your stop losses as these are being triggered. Will see a huge rise later today.
Nope, it's a fluke. Will lose all of yesterday and more.
Nearvana - you're right. They're not saying (or allowed to say) much publicly right now but there's a very confident team at CLON HQ. Earlier in the year, we saw that both CLON and NEXT-CHEMx were out and about talking about their DLE process. I understand that this generated a lot of interest and that they've been talking to some interesting parties since. NEXT-CHEMX are focused on scaling the process and CLON are dealing with the BOL gov't and some of these other parties.
I wouldn't be surprised to see another, much bigger partner coming on board in the not too distant future.
Clearly they have some sway with the BOL government and I understand that was key in getting the JV and will be key in attracting funding/other investment and in the bidding round.
With an update due between now and the end of the month, this could get back to previous highs.
I am inclined to agree with you steward1. I have held this stock for most of the year and although I am annoyed that news has not been forthcoming from CLON themselves all I read and see in researching this technology and the opportunities that they are pursuing then I see that this has great potential.
Will hold until we get the news we are expecting. GLALTH
Yesterdays rise came from nowhere, quick shake today to grab more stock from the disheartened.. same pattern all over aim. Sp has little to do with the company, more filling of mms pockets
...Very high Lithium deposit in Bolivia...patience and wait for rerating .