Cash reserves are fine for now and we can call on a further 300k from the loan if needs be. We didn't pay anything to Caerus therefore nothing was returned, yet more misinformation.
Excellent update on Mankayan. Setting everything up for that Al important IPO. Thar will be worth at least 7 - 10 million to bzt for starters, then it depends if we cash in our chops or hold for the golden tickets in this world class copper gold project.
IPO news now please.
Mr T
DVH,
Exactly, any good news here and this will rise substantially now, valued as a shell, no value attached to any assets we hold which is both crazy but normal with small aim tiddlers!
I'm still in the other investment, sold a few to take my stake out, rest will ride up to a 1p and beyond should the technology prove efficient and if news on any other front arrives it could be huge?
Plenty of interest over there that's for sure with volume still good.
Mr T
Oh dear, Kwack's out again?? as I predicted once a month he is let out and spouts his absolute tosh all over this board.
Now this is a good one, his money has gone, not a very clever boy then is he!! but he feels an urge, yes an urge to warn everyone about Colin Bird?? Warn them about what exactly. He has said his money has gone, so not a clever investor, then he expects the unsuspecting potential investors to listen to him!!!
You couldn't make this stuff up!!!
Kwack here's a thought, why don't you invest elsewhere and see if you can get your money back, if indeed it is lost, which I doubt at this stage, then you could show everyone what a clever boy you are in your investment strategy. Now if you did that I for one would take you seriously, but for now, I take you as a, what's the character that appears in a Circus all dressed up, one of those!
By the way it isn't PI's who usually involve themselves in funding these types of companies, its the II's again see above?
Mr T
Exactly Beet, plenty more to come here in the short term?
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.
Clontarf Energy plc (AIM: CLON) is pleased to announce a heads of agreement around the potential formation of a 50:50 Joint Venture with US based, OTC Markets traded, technology company, NEXT-ChemX Corporation ("NCX") covering testing, marketing, and deploying of NCX's proprietary (patent pending) direct lithium ion extraction ("DLE") technology in Bolivia. 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.
As noted above, formation of the JV is subject to final due diligence and the parties entering into formal documentation (based on the terms of the Heads of Agreement), which is intended to occur within the next 30 days.
All statements from the recent RNS re the JV
Mr T
DVH,
You still over in Vegas?
Correct no interest here at all at the moment, hence the sp is stuck where it is?
You sold Clon!!!, I'm sticking with it all the way to 1p and over, too much going on at the minute to be out. If Ghana even moves slightly, it will go mental.
Mr T
Hi Silver,
Currently I agree with your comments, unfortunately however we are dealing with a delay in Namibia with the authorities following some reorganisations. There is simply nothing that can be done in the short term to solve this other than to sit and suffer.
Perhaps Mankayan will be the goose!!! before Hope/Gorob, who knows, I am keeping the faith and waiting patiently until all of this is resolved. Snoop keeps posting nonsense, I se his latest post has been removed, quite why I dont know as it said nothing other than a little sarcasm aimed at CB. Perhaps CB got it removed!!!
Note we have a little blue here?
In the meantime I will concentrate on Clon, which is at least providing me with some uplift and profit!!!
Mr T
Snoop,
"It’s getting very bad with this company and no end in site"
Snoop, where is the site???
Very bad, please elaborate on "very bad"
As far as I am aware we are awaiting updates on several fronts, yes its disappointing that these are late, but, that does not mean its "very bad", it could be better, yes, however you need to stop these knee jerk reactions and calm down.
Mr T
My take on the placees, is if they wanted out they will be out by now with the level of volume in recent sessions. If they want out and they're not out, then they ain't very bright!!!!
Question is, how do we know they want out, the raise wasn't the normal placing, it was aimed at a select few in Australia, at a very low price. Therefore how does anyone know they want out!!! I wouldn't?
Mr T
Morning all,
No news so far, but, I am expecting news on the licence any day now. The sp is at a ridiculously low level. Basically valuing us as a shell. Ie, no value being attributed to any of our assets. Which quite frankly is ludicrous!!!
BZT, turns very soon, me thinks.
Mr T
Key2,
Bang on there, this is certainly much bigger than most realise, look what their CEO describes this as!! this first agreement with a mining company, that is us, is it not!!!!
Yes, things can get delayed and until the agreement is fully ratified then some doubt arises, for me however there is no doubt, not when you receive messages loud and clear from the potential partner!
Mr T
Thanks for flagging up PP.
Another interesting interview, Colin sounding extremely bullish, and interesting on the timing of this? why now? the bulk of his bullishness was based around Hope/Gorob, but as far as we know we haven't any news on this for several months? interesting?
Mr T
https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-colin-bird-executive-chairman-bezant-resources-439befd
Prickly,
Indeed they were, I can 100% guarantee this, the fact of the matter here is there is a delay, due to changing in authorities in Namibia. I have little doubt that these issues will be resolved and as Namibia is a strong case not only for Copper/Gold mines but also Oil/Gas projects I cannot see any reason for this project not moving forward, quickly once the licence is awarded.
No trades here today at all, which is understandable, nothing yet for investors to latch onto or get excited about, but things will turn, and soon.
In the meantime take a look at Clon, transformational news yesterday, and that was only on one of several interesting projects and assets they have. No investment advice intended, but worth a look imo.
Mr T
"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"
Looking dirt cheap imo, the above extracted from yesterday's RNS, this looks like at long last we may see some serious action here, long overdue, but at least we now know what some of the recent raise was in respect of.
I suspect that if Clon are to participate in any further activity in respect of Sasanof in Aus with Western Gas a further raise may be needed for that. From what I know that could happen anytime soon, certainly within the next 3 months, therefore the BOD will want the sp much higher than this to avoid overdiluting the shares, last time they raised £3.5M at if I remember, 0.25p, so expect some serious action into March here if my hunch is correct.
The MV is still way too small, currently valued as a shell imo, when you look at the assets and potential here, that is plain daft, but as I and LTH know this company has done diddly squat for many a year, but, it now looks as if that could change, fingers crossed.
Mr T
Yes, but its 45% now!!!
It always happens with this very low value stocks, I dont think the mm's know what to do, such low volume also makes it look silly?
Little or no volume again today here, I think we need the licence news for this to push back upwards.
Mr T
Chairman reporting in? thanks for the appointment Jon2020. Salary to be negotiated.
Well news at last, wheres Snoop, currently lost somewhere on his way to Aus I presume!!!
Lets have that Licence Colin, then we can look ahead with a lot more positivity. It will come? could be imminent as somone posted on here we were near the top of the pile!!
Mr T