Member Info for Lostsoul88

The initial priority the Partners is to use the cooperation to demonstrate to the State Lithium Company, “YLB”, the environmental and commercial advantages of the iTDE Technology including its limited energy and water consumption, and the ability to extract targeted ions with minimal waste. Testing of the iTDE Technology before YLB officials will be carried out using a new pilot plant system currently being completed. This is expected to be ready during 2nd Quarter 2023, at a new facility near Austin, Texas. The demonstration will underline the fact that the iTDE System has no need of evaporative ponds that are not optimal in Bolivia due to rainfall conditions, altitude and high magnesium content as well as being particularly damaging to the environment.

Point plant system currently being completed

Could be but NCX ceo said they had managed to raise that already
We are a public company in the US so we will be updating shareholders as we move forward with Clontarf and other events we are working on. Our stock symbol is CHMX.

We just filed a document with the SEC that allows us to raise $2.5m US that we are currently working on and $500k is already sold…so as we raise the rest of the funds and move forward in the next coming months we will publicly update our shareholders.

https://www.globenewswire.com/news-release/2022/05/04/2435994/0/en/Presentation-of-Novel-Membrane-Based-Technology-to-Purify-Bio-Oils-and-Biodiesel.html

RE: 0 buysToday 15:55
The document states that they have already 500k. Is that what Clon have given them?

No this is what they have raised themselves. 5% increase on share price

During 2022, the Company has focused on the market for the extraction of Lithium with particular emphasis on the Bolivian market.
In August of 2022, the Company began discussions with interested parties regarding the potential deployment of the iTDE System in Bolivia to provide direct Lithium extraction.
Any initial deployment of the technology will require the Company to be ready to enter the next phase of its development, the Operational Pilot Deployment Phase. During 2022, negotiations to secure funding to accelerate the possible cooperation were inconclusive and no final agreement was reached on any cooperation. Notwithstanding this, the Company has agreed to test its iTDE System by processing up to six samples of natural brines delivered from various salt-lakes in Bolivia. The first 2 near-surface samples with a grade average of 211 mg/l yielded lithium are expected to be tested on the new controlled pilot system currently under construction.
In November 2022, the Company entered into discussion with a separate company regarding the potential testing of certain quantities of leached liquor derived from mined lithium containing ore. At the end of 2022, this discussion is still in its earliest stage.
The Company plans to deploy its iTDE System units with customers that have the necessary facilities to accommodate such units. The usual manner in which the Company plans to deploy its iTDE Systems is under a tolling arrangement whereby the tolling fee will cover the ongoing costs for maintenance of the extraction process and upside for the Company. During the life of the lithium source, the Company will maintain and monitor the equipment ensuring any recalibrations and additions to the equipment are made to maintain efficiency and extractive power. This is critical as the nature and composition of any particular ore may change over time, even from the same deposit, and this can potentially affect the extraction process requiring adjustments to configuration where necessary.
The Company plans to establish an operations subsidiary (“NCX International”) that can work with partners to construct the processing plant that would incorporate the iTDE system processing capabilities. Initial discussions have centered around the formation of a joint venture between the mining company and NCX International that would work to finance and construct the processing plants required to handle extraction using the iTDE System.

This means they are wanting to invest in this so they are raising money to move things on. Good signs to me

Vegetable Oil Refining.
During the last 4 months of 2021, initial feasibility testing was carried out on the removal of fatty acids from vegetable oils. This included the removal of various glycerides present in biodiesels which are difficult to remove. The testing showed initial promise. The Company anticipates that its solution will be significantly less environmentally unfriendly and inefficient than current methods and expects the iTDE System to reduce oil production costs. Much of this work was carried out in Ukraine and the program was suspended at the beginning of 2022 due to the invasion of Ukraine by Russian forces.

This ties in well with clons new company that is going into production of vegetable oils as a greener energy

NCX raising $2.5million

https://www.next-chemx.com/wp-content/uploads/2023/04/NCX_SEC_FORM-D_2023-03-28.pdf

David Rutley, Minister for the Americas and Caribbean at FCDO was present at the signing of the agreement and said: “This is a landmark partnership between Bolivia and Warwick – one of our great UK universities. This collaboration will help unlock the possibilities of battery technology in a new era of clean energy. The partnership will also address the drawbacks associated with using fresh water in the extraction process – making the industry more sustainable and less environmentally damaging.”

“This agreement demonstrates the potential for scientific and technological cooperation of our two great nations. It could help see Bolivia become the energy cell of the world.”

The University of Warwick is set to help Bolivia become a world leader in renewable energies and electric vehicles, thanks to a historic partnership on lithium battery research with the Bolivian Government.

The partnership, funded by the UK’s Foreign Commonwealth & Development Office (FCDO), will help develop lithium’s application as a power source in everything from electric cars to mobile phones.

Bolivia’s vast salt flats harbour an estimated 39 million tonnes of lithium reserve, positioning the country to be one of the world’s most important suppliers in the coming decades. The projects supports Bolivia’s ambition to provide 40% of the world’s supply of lithium by 2030. It will see Bolivia be at the forefront of lithium value chain, lead to higher paying employment and industry and a transition away from simple extraction and exploitation of raw materials.

I also messaged the CEO of NCX and got a reply quickly and he said they would be informing shareholders about the test site in Texas once they have things set up and testing begins

Mention the other company that is about to floated on the aim market

I have had a quick response every time I’ve emailed them. They have answered the best they can without giving sensitive information that they can’t give out that’s directly relevant to share price. That can be classed as insider trading.
Ask them for a timescale on the pr

Get in touch with the directors and ask them. Contract details are on their website. More pressure they get the sooner they will do it. Don’t rely on someone else to do for you

David has said that pr is coming. I think it will start once the new test site is up and running

MM trying to hold it back.

Very much doubt it

Yes at the moment. That’s why the are listing on the aim market to raise capital to start the business. They already have some land and will get more going forward.
I’m sure it will be worked after lithium has been mind these areas will the be used by this company to be used and into farmland

The 75% ownership is on companies house. Type the name and all the details are on that site

Yes they can. I own to companies and do it all the time. You register as a a financial backer and it’s a lone at an arranged term an interest rate if charged