Member Info for KCRCR

Is this good news or not 🤔

Aye, this is an old promotional video from March 2023 !

There was an interesting piece on BBC Radio 5 Live Science between 6.30 and 7.00 this morning which discussed nuclear power and SMRs and interviews with Rolls Royce for anyone interested...

https://www.bbc.co.uk/programmes/m0025spz

Having watched the latest briefing, which by the way was a rerun of the AGM briefing, my view is that until we see any material change/news with either Inishkea or EG then I'm not sure this is likely to go anywhere 🤔

US$22,000,000 over what period of time, ytd ? half year ? last quarter ?

Without a timescale the value is meaningless.

GLA & DYOR

DH has previously stated in the 2023 Annual Report and Financial statement as far back as the AGM in July this year that...

"Large laboratory (200kg) samples were kindly prepared by YLB (in September 2023) and sent for preliminary testing in NEXT-ChemX’s laboratory pilot systems. On determining the best configuration for each specific brine sample, a specific system was designed to process large samples for scale testing through a commercial pilot plant...with 99.5% Li2CO3 minimum target purity.".

Which ties in with Next-ChemX first system undergoing trials.

GLA & DYOR

Getting "Unable to retrieve live quote"

Well that RNS announcing that WH has purchased 697,484 shares suggests nothing material has changed beyond what we already know.

GLA

Flombo, are you suggesting he's in the know and so prevented from buying ? Let's hope so ! 🤞

GLA

Thanks for sharing, however, the penultimate paragraph notes that...

'Being coupled with a multi-pass process, the membrane may perform surprisingly. But for practical application, more cost-effective strategies need to be developed for scalable preparation of membrane to handle the brine volume from large-scale operations, which has not been involved in the current work.'

So doesn't sound cost effective atm.

I would talk to a financial adviser rather than asking here !

I read it more as a cut and paste of the RNS content 🙄

I don't know about helium but there seems to be a lot of hot air on this BB !

Chittagong, what are you talking about ?

There has been plenty of information published about the iDLE technology. It has been proven to work for other materials and it's just a matter of time before it's proven to work to extract Lithium.

As per DH update, the market spot price of lithium is irrelevant. It is all about the quality and the application it's being used for. Offtakers will agree a contract price based on quality and volume.

Sometimes it feels like being back in the playground rather than the market

* arrive in India in October.

ASI, 320 ton of sample brine is expected to arrive in October. GLA and DYOR

Thanks to @Ayecuramba and @MunnieTorx for your feedback. 👍 GLA

I'm puzzled/intrigued by talk of the current lithium price because my understanding is that in many cases the price is agreed between the miner and offtaker upfront and is determined by the quality of the supplied product so all this talk of Mcap being dependent on the current lithium price is irrelevant. Just thinking out loud but alternative views welcome. DYOR