Member Info for Irishdemon

Nearly is the answer. Weeks away if not sooner.

The reaction to you is OTT. Grumpy and frustrated shareholders with the stock suspended.

Why repeat what we all know ?

He cannot be referring to Longboat Energy !! They are a piddler and a waste of space

Nor is Petros the same as Upland !!

Ah, okay. I thought you were trying to link the photo directly with Upland. Fair enough. They simply know each other. Exxon would indeed be a major prize as a partner.

Have you looked at the date on that photo ? March, 2023 !!

No chance of it recommencing trading with the name of the chosen partner. That is just very misleading. Trading will commence gain tomorrow or Monday. It will take weeks for the PSC details to be finalised and published.

Where we do agree is it is b-----y good news !!

No but it is usually a very short window until re-listing in these circumstances. I would bet on a 7am RNS tomorrow

This is not a shortable stock. Never has been. Also, the Register shows no 'open positions'.

Wow. Off-to-the races !! With an O&G major in partnership.

Read Eagle Eyes 12.59 posting on the March RNS. Could not be clearer as to why !!

Read the RNS and enlighten yourself !!

True but the answer is so obvious. CLON is the only EU bidder for these Bolivian assets and they are amongst the best three in the world- the others being in Argentina and Peru. Lithium assets on this scale are a buffer for EU member states and industries against market domination by China and Russia.

I am sure that the EU would prefer someone other than CLON but that is how it is. Read the RNS again and perhaps you will eventually grasp the politics and the financials.

Yup. Seems that way to me as well. They are using the EU as a Bank Guarantee to offset the weakness of CLON's own balance sheet and, in return, the EU will have a guaranteed pipeline of high-purity lithium chemicals suited to the EU battery industry and thus not be reliant on China or Russia - or much less reliant anyhow. High stakes indeed.

As I said :

Clontarf Energy plc (AIM: CLON) is pleased to announce a heads of agreement around the potential formation of a 50:50 Joint Venture with US based, OTC Markets traded, technology company, NEXT-ChemX Corporation (“NCX”) covering testing, marketing, and ❄️ NCX’s proprietary (patent pending) direct lithium ion extraction (“DLE”) technology❄️in Bolivia.

Formation of the JV is subject to final due diligence and the parties entering into formal documentation, which is intended to occur within the next 30 days.

NCX’s ion extraction technology uses the surface area of hollow fibre membranes to extract lithium ions from brines. The technology is a continuous process, and does not require high pressure, temperature or electrolysis. It does not rely on osmotic processes, or costly filtration techniques electrolysis, but instead mimics biophysical processes of natural principals to induce ions in solution to cross the membrane barrier. This mimics how mammal organisms remove wastes from a donor liquid without physically mixing with an acceptor liquid.

Where did you get the idea that CLON owns the patents from which they would be entitled to a user-royalty ? Chem X owns the patents

Obvious really - to 'take out' the competition and become the only European offeror

The only competing bid from within Europe is Watercycle Technologies. They are a bit of a joke 🤪 - a micro-company ( no. 10771817 at Companies House) and will not be treated seriously by the Bolivian Government as they have no balance sheet and net current assets if £151K !! That said, why doesn't Clontarf link up with them for their technical expertise ?

Might be an idea f you read the RNS again - 'fools' is an appropriate part of your trading name.