CXL - Calix Limited

[Dona Ferentes]

The 43% reduction fund. While it lasts.

I do hold CXL

Retain my core holding but sold the recent cap raising today. Tipped in $20k at 4.24 and let them go at 5.11.

Something else to look at!!

 

[So_Cynical]

Bell Potter research CXL speculative Buy rating and $9 price target: mostly based on LEILAC and the potential for a royalty stream.

 

[Dona Ferentes]

Bell Potter research CXL speculative Buy rating and $9 price target: mostly based on LEILAC and the potential for a royalty stream.

And Pilbara mentioned their little JV .... saw some commentator think it as being high-risk. Would be nice if it isn't

Mid-stream JV (lithium salts >35% Li2O)
• Innovative “value added” refining process using flash calcination
• Joint venture agreements signed with Calix
• Development of Demonstration Plant at Pilgangoora and future commercialisation of process

 

[So_Cynical]

And Pilbara mentioned their little JV .... saw some commentator think it as being high-risk. Would be nice if it isn't

We know Calix has many many speculative prospects going on, LEILAC on the other hand is a mature technology with known outcomes and global implications and a very high probability of global adoption and royalty revenues.

 

[Dona Ferentes]

...not marked as market sensitive ! but CXL is up to 5.88

The Solar Methanol Project, of which it is a consortium member, has been awarded funding to develop the production of sustainable fuels from captured process CO2 emissions.

As announced by the Hon Chris Bowen MP, Minister for Climate Change and Energy on 27 January, the “HyGATE” Solar Methanol Project has been awarded AU$19.48 million from the Australian Renewable Energy Agency (ARENA) and €13.2 million (~AU$20.19m) from Germany’s Federal Ministry of Education and Research (BMBF) to develop a world-first green methanol demonstration plant in Port Augusta, South Australia.


Highlights
• The Solar Methanol Project, involving a consortium of partners from Australia and Germany, aims to develop a world-first methanol production demonstration plant using renewable energy, green hydrogen and captured industrial CO2.
• To synthesise “green” methanol, the Project intends to use up to 15,000 tonnes per annum ofCO2 captured by Calix’s Low Emissions Intensity Lime and Cement (Leilac) technology during the production of low emissions lime.
• As part of its net zero emissions pathway, Adbri (ASX:ABC) is partnering with Calix and Leilac to explore opportunities to produce low and zero emissions lime.
• The green methanol produced by the Project will be developed into sustainable fuels for the maritime and aviation sectors, two of the hardest-to-abate transport sectors responsible for 4.3% of global CO2 emissions

 

[Dona Ferentes]

Half yearly out. Increasing number count, still got some cash . Busy busy...

And another application for Leilac, this time looking at stripping CO2 from atmosphere

 

[So_Cynical]

Royalty's baby yes, thats what im talkin about.

 

[So_Cynical]

DAC - Direct air capture, sweet little video explaining the process.

The Leilac process decarbonises limestone that is then re carbonised via direct capture then treated via Leilac - repeat.
Limestone is used over and over to capture and then release carbon.
~

 

[Dona Ferentes]

Royalties, baby yes, that's what im talkin' about.

The future is out there.. but how far away?

Just dropping in something, noting there had been a sell off in Feb-Mar from near 6 to just above 4. Some buying seems to be returning over the last few days, now 4.58. If it had stayed low, I might well have tipped CXL for April comp, but now not so sure.


LTH (speccie)