Member Info for Lostsoul88

Next-chemx have finances sorted. As per their last official statement. They have passed to release 100million share at $5 a share plus 5million special shares to real ease when ready. Probably for directors and special investors

I’ve heard also that management are very happy with the way things are going. When news lands it will be big!!

News this week hopefully if not. Chmx Q3 on Monday 20th should have an update and confirmation of what’s happening and where things are at

Https://lithiumchile.ca/

From the Jv contract

41. For as long as the Partnership or the JVCo remain operational, and in recognition of the introduction of Galan Lithium (ASX) and CleanTech Lithium (London AIM ) and the facilitation by Clon of a deal as contracting partners of NCX outside Bolivia, in the event of any successful transaction between NCX and those two companies introduced and facilitated by Clon within two years from the date of the present Agreement, Clon will be entitled to a 15% contributing interest in NCX’s component of the agreed structure, excluding any participation in any iTDE Maintenance Contract or any similar tolling, servicing or maintenance arrangement under which NCX shall manage the iTDE Systems deployed. The entitlement of Clon to any fees under this Section 37.5 shall be limited to any participation by NCX in the ownership of the equity of any joint ventures or other forms of corporate cooperation relating to the arrangements between Galan Lithium (ASX) and CleanTech Lithium. The iTDE Maintenance Contract or any similar tolling, servicing or maintenance arrangement under which NCX shall manage the iTDE Systems deployed shall be the standard contract that NCX uses for international deployment and operation. NCX will negotiate with Galan Lithium (ASX) and CleanTech Lithium in good faith to maximize the benefit of participation in the ventures with these companies but not to the detriment of the terms of any iTDE Maintenance Contract or any similar tolling, servicing or maintenance arrangement. It is understood that the terms of the iTDE Maintenance Contract between the Partners is not a model for commercialization to any third party including Galan Lithium (ASX) and CleanTech Lithium. The Parties may also agree to alternative commercial arrangements with regard to other opportunities outside of Galan and CleanTech on a case by case basis depending on the actual opportunity and only if agreed to in writing by both Parties.

No as the rns says they are meeting with other DLE manufacturers. Certain DLE struggle with different minerals in the brines. ITDE also allows for other mineral extraction so they can make more profit from other minerals extracted. Also part of DLE they are looking for the greenest method and iTDE fills that and doesn’t require a big plat like they have built at the moment. Which is handier for remote locations.

I have posted the Clon contact with the xxxxxxxx sections filled in on this link some time ago. Clon revives 10% of any contacts that Clon brings to the table. Ones mentioned are are Cleantec lithium in Chile and GALAN lithium in Argentina

Cleantech lithium are one of the companies that Clon have lined up to use CHMX’s iTDE DLE once proven. Along with GALAN lithium.

I like this quote from the rns

Maha Daoudi, Independent Non-Executive Director, CleanTech Lithium said: "It has been fantastic to return to China and see the pace of technological advancement. With the support of a local specialist consultant with whom I have worked before for many years, we have been able to meet the Chairmen and CEOs of some of the world's leading DLE developers to discuss how we can apply their technical expertise to CTL's projects. It has been overall a very constructive visit and gives positive perspectives for the development of CTL's projects. "

Barclays have sold their shares. But if you look at they way the account works. Once the risk has reached a certain level ( due to the price of the stock). The company sells the shares no matter what. I think vast have tried to keep the price up because of what’s coming. Barclays have sold some shares to compensate the drop. But i think it’s reached a level that they then class to high. Even though news is due. They will only allow risk for so long. We could now see capstone buying more on the open market. They do not have to disclose as they are an American company. Until they cross the 5% mark. So 5-10-15%

But if they are buying I would expect vast to announce shortly

Yes they were but they also expected to have the pilot plant completed. Due to that being delayed the raising of capital has been put back. They will probably have investors lined up on successful testing. But until testing is completed. It will be on hold

The Company is authorized to issue 100,000,000 shares of common stock with a par value of $0.001 and 5,000,000 shares of preferred stock with a par value of $0.001. There was no preferred stock issued and outstanding as of June 30, 2023.

The raise is all set up the shares are there waiting to be released to raise the capital needed.

Sorry Monday 20th. They release them always on a Monday. Hopefully they will put it up on the Friday before. If you know where to look 😉

Chmx Q3 report will be released on Monday 23rd November. I would expect an update before then to be released . The Q3 results will contain an update and forward looking statement but i think that will be on financing the project as they scale up and launch the plant on site In Bolivia.

ASI Chmx stated the pilot plant will be in situ early Q4 so we may get an update that it’s on site and assembly is completed and testing is underway. Yes we probably won’t find out the results from testing until near the year end. We should also get a year end report from Chmx around the 21st November. This may also hint as to how things are going and forward looking statements.

Big spread on price. I think they want shares.

I’ve messaged the ceo of Chmx on LinkedIn asking for an update. A few more asking may get them to update on progress

I don’t know just seems strange that it happened. May show up today. Unless there showing trades from Australia

Asi it’s up to 124million now

Google was showing 33million traded after close of market. It’s now up to 100million. Possibly some late trades will show tomorrow

Chmx said pilot plant in situ early Q4. Two weeks and we’re halfway through. So I’d expect news coming very soon

Nice starter for the week on Q3 results. We’ve name plated. Look and the spike we got for sorting the strike out. Now we will have constant income and working on draper levels.

Then hopefully some diamond news end of the week before the KP meeting the following Monday