Member Info for Lostsoul88

Spread 12% are they after shares?

I think good test results and it will rerate. Then off to Bolivia for on-site testing. Once they prove on-site and a definite contact is awarded then we should see some big gains. The way Chmx are talking other companies are now looking at this technology. The can also use it on hard rock lithium and crush the rock and insert solvents to extract the lithium then pass the liquid through the iTDE. This will save on sending it to China to burn and extract the lithium.
There’s also parts of the JV contract to allow other 3rd parties to join as well as YLB. This could allow a financial backer to join the JV and possibly stop the need for diluting the shares. This will help speed up the process for getting the technology out on a massive scale.
It also says the Clon has connections in the company’s it has lined up to use the technology ( GALAN lithium and CleanTech Lithium)

The Green Party is in charge in Australia. There will be no more drilling in the foreseeable future. I think at the moment everything is on Bolivia. Ghana will be going on in the background. But Bolivia is the main target at present

News is due any day now on the completion of the Jv agreement.

Austin, Texas, February 15, 2023 (GLOBE NEWSWIRE) NEXT-ChemX Corporation (OTC: CHMX), ("Next-ChemX") is pleased to announce the signature of a 'Heads of Agreement' with Clontarf Energy plc ("Clontarf"). Clontarf is an emerging lithium and oil & gas exploration and production company with interests in Bolivia, Ghana, and Chad.
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.

Try messaging David and ask when we could expect news. He does reply to emails. Info is on clons website. Obviously he won’t tell you anything confidential. But if you ask a general question he may reply

Blockchain technology. This must be to keep track of the production with companies. So they can work out how much lithium has been produced. So files can’t be altered. This technology must work and must be producing a large amount of lithium

They don’t go to all this trouble if it doesn’t work!! Sit back and enjoy the ride ; )

https://secondlease.io/2023-04-24

https://www.linkedin.com/posts/john-%E2%80%9Cmichael%E2%80%9D-johnson-52919259_next-chemx-ceo-speaking-april-6th-in-singapore-activity-7049456485545775104-LUwe

They are working on it to use on rock mined lithium as well

The principal focus of the commercialization effort at present is the extraction of Lithium from brines and geothermal sources as well as liquors from leached mined ores.

Yes that’s what I was trying to say. If the meeting is on the 18th test results will be back before then. They will give themselves time to look and analyse them. Then discuss how they are going to proceed. My have information back from the YLB and also anyone else that came to view the testing as other companies are looking at this technology

News due before the 18th May as Chmx are holding a board meeting on how to continue

On April 21, 2023, pursuant to the Written Consent signed by Stockholders owning 23,844,448 shares of Common Stock being eighty-three point eight percent (83.8%) of the 28,446,834 shares of Common Stock issued and outstanding, all the measures to be placed before the Stockholders at the 2023 annual general meeting were approved and are to be implemented on or around May 18, 2023

The above two paragraphs detail the "Conditions Precedent" to the JV coming into force. A further announcement will be made as and when the Conditions Precedent are satisfied

I read somewhere that 30days were allowed. It could be for Chmx to release new shares ( what they are doing at the moment) so it should be this week. They may tie it in with news on the test plant

In the design of our lithium extraction process, we have developed a system for the extraction of the many valuable naturally occurring additional ions present in lithium-containing solutions. We believe that this approach, isolating a variety of different elements during extraction, will yield potential additional revenues or improve the environment by reducing or eliminating unwanted ions, including contamination. The resulting process should generate better more efficient lithium extraction with the minimal disruption to the environment.

Is not the fact the Jv has been announced the conditions have been met

They will. Probably testing isn’t fully completed. Chmx are just jumping the gun. It did say before May. Because it’s in America and once they have results it will be released

They want business people to take the business forward strike deals with backers to invest in the company BECAUSE the iTDE works!!!
They are scientists and now a something to push the business on BOOM

They don’t go into Bolivia without us. Don’t worry. It is Clon and Peter O’Tool that has worked there for 30years that has done this. It is clon that is getting this passed with the Bolivian local authorities. JV contract is signed all safe and good. Testing has gone well so they are moving things on. Expect news any day now.

Following the reorganization of the Corporation’s business in April 2021 and the changing of the Board of Directors as well as the complete refocus of the business away from management services to the development of new products, specifically the Membrane Extraction Technology (SIC Code: 3559), the Corporation found itself with a small technology team developing what may potentially become a ground breaking approach to the extraction of ions from solutions, including lithium, calcium, magnesium, and other elements. The team has been focusing on the completion of intellectual property protection, pilot plant development and other essential steps in the commercialization of the technology. Senior staff has been added slowly due the start-up nature of the business and the lack of job security this entails as well as financial constraints. These factors have inhibited the Board’s efforts to introduce the full array of corporate governance measures.

All systems go!! They are getting some independent directors on the board. As the ones now are scientists and not business men. To take the company forward. So it makes money

https://www.sec.gov/Archives/edgar/data/1657045/000149315223013440/formpre14c.htm