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Peter, thank you for the feedback. Looks very encouraging. It reaffirms my aspiration that the technology has legs and hopefully wings too !
I'll just leave this in the bottom drawer for a few years to mature ;-) gla
Asimpleinvestor, thanks for taking the time to reply and the valid comments. I'm not trying to be negative but merely challenging some of the statements that have been made by the various parties to date. I hope all the hype proves to be on the money but as previously stated it does appear that the pilot plant hasn't been built yet so appears to be taking longer than originally planned. Nonetheless I look forward to hearing good news later in the year ! glad and dyor
Bladderman, excuse my ignorance but if Next-ChemX own the technology then why would they need to contract with an Indian company/university to design and develop the pilot plant. It suggests the pilot plant hasn't been built yet.
Alans55, I'm inclined to agree with you. As per my other post it appears that Next-ChemX have contracted with an Indian company/university to design and develop the pilot plant ???
MSA, this is at odds with what we've been led to believe up to now. Prior to this I was under the impression that the iTDE technology was wholly owned by Next-ChemX but this post implies that Next-ChemX are paying an Indian company to design and develop the pilot plant. So the question is who really owns this technology ???
Neither of the two companies Clontarf have lined up to use Next-ChemX technology are in Bolivia. Galan Lithium has projects in Argentina and Western Australia whilst Cleantech Lithium is in Chile, so with YLB in Bolivia it would seem Clontarf are covering all the bases.
Also, Galan Lithium has just raised AU$31.5M via a share placement, and Cleantech has just announced promising results from its pump test programmes in Chile...
https://www.proactiveinvestors.co.uk/companies/news/1016413/cleantech-lithium-reveals-very-promising-pump-test-results-1016413.html
The consensus view seems to be that in the current economic climate businesses are looking to cut costs and not investing. However, Cybersecurity is the one area where businesses should not be cutting costs, it's like leaving your front door open. With all the threats that exist now and potential threats in the future then Cybersecurity must be a priority. The problem is that plugging in a solution from a new supplier can bring it's own issues with compatibility, so is it worth the risk ? The old adage "better the devil you know" springs to mind.
Only time will tell but hopefully the appointment of Chris Kozup as Chief Marketing Officer will bring something fresh to the table.
The JV HoA RNS from February stated "The pilot plant testing and extraction will begin during March 2023, including both preliminary testing, as well as pilot plant operations, with results expected by May 2023".
We're still in May so there's still time :)
GLA and DYOR
100, I like your thinking and totally agree. As you say, if Pension funds invested more in UK companies then it would give the companies confidence to invest and grow which in turn would benefit the economy as a whole. The trouble is that the pension funds are obliged to get the best possible return for their members and at the present time that seems to be anywhere but the UK. It seems to be a vicious circle. Something needs to change drastically and perhaps your suggestion that "the government should enforce UK pension funds to invest a minimum amount of 30% into the UK market" is what's needed !
LS, I wouldn't like to guess which companies are behind the black squares but my punt for the two countries in the last sentence are USA and Bolivia given that Next-ChemX has access to the US market and Clontarf has access to the Bolivian market. All conjecture at this stage but hopefully not long now until all will be revealed. GLA
For anyone who didn't see it...
https://twitter.com/Darktrace/status/1648996335385714691?t=bxHbIKaQp2mKtdRB2JPaOA&s=19