A Microcap Teaser Solution In Advance !!
(Australian stock exchange CLQ, OTC pinks CTEQF).
CleanTeQ is sure to be the answer to future teasers you will be reading about from resource gurus, To save you all the trouble of solving them, I decided to write this article.
My portfolio was grotesquely overweight in gold and silver positions, and in moments of anxiety I thought it would be a good idea to diversify and take a few positions in something other than gold mines, royalty companies, Mongolian exploration companies, and small-cap copper miners with major operations in the Democratic Republic of Congo.
Thus I made a small speculation in CleanTeQ, solely on the basis that mining titan Robert Friedland was the Chairman, and CleanTeQ was the only resource company I could find that seemed to be in a position to mine scandium, a very rare metal that sells for a couple of thousand dollars a kilo.
My due diligence was so slight that I was embarrassed to emphasize my position to the readers at Stock Gumshoe. We are supposed to study these things a little more than I did for CleanTeQ. And after entering at 50 cents, the stock promptly dropped to 35 cents or so, making me glad that I did not look foolish by publicizing my position.
As the weeks went by, I started to find more information on the company that I should have found out beforehand. This was partly accidental, partly from other Gumshoe readers, and partly from new announcements and company news that occurred after I took a position. But the findings were all very positive, and because the company is so interesting I thought it warranted its own thread apart from the hard asset thread which I moderate.
I have a full long position and high hopes. And I thank Secretsquirrel, Griffin, Larry McKenna, and several others who helped fill in the missing pieces of the puzzle.
Below are my findings, opinions, and summary on CleanTeQ Holdings:
BUSINESS MODEL CleanTeQ is a hybrid company based with three bases: scandium mining and production, cobalt mining and production, and water purification. This seems like an odd combination, but as you will see, it is not. It is a stroke of genius. And I will explain why we should care about scandium and cobalt.
(1) The company is starting production of the Syerston mine, the world’s only scandium mine;
(2) The company will also produce significant amounts of cobalt as a co-product to the scandium;
(3) The company has a large-scale water purification technology, which will target municipalities,
Industrial operations with waste water problems, and mines, which also have water problems
PROSPECTS FOR THE THREE SEGMENTS
(1) Scandium is a very rare metal that usually occurs in only small amounts that are not economical to mine. It is mostly available as a by-product and the market is opaque, usually between private parties. Scandium has very beneficial applications in aerospace, aviation, and technology, but has not been widely applied because there is not a sufficiently reliable supply of it.
(2) Cobalt is essential in many batteries. Lithium gets all the investment press, but a majority of the battery formulations need cobalt, which is rare compared to lithium. Cobalt has a similar supply situation as scandium, it is mostly a by-product and is not commonly a prime mining target in and of itself. But demand for the electric energy market is growing rapidly and cobalt demand is growing and will continue to grow accordingly. Supply chains on cobalt are iffy.
(3) Water purification is a pressing need throughout the world. Cities with lots of people, industrialized places with lots of factories, or mines with waste water, all have a real and pressing need for large scale water purification. I think most people can accept this premise of widespread demand without a lot of documentation.
HOW DO THESE SEGMENTS RELATE TO EACH OTHER ? I cannot get too technical about the water purification technology, but I will try to explain what I understand, and how it relates to the scandium and cobalt operations. They call it Continuous Flow Ionization. Ionization is not a proprietary technology per se, but CleanTeQ has developed a way to implement ionization in a continuous feed, automated loop that improves volume, improves economics, is reasonably priced for installation, and can be custom-modified to specific waste problems. It can be used in conjunction with other filtration techniques. Further, it can be modified TO EXTRACT CERTAIN SUBSTANCES from the feed waste water. This is done by modifying the resins that are used in the ionization process.
Now it so happens that CleanTeQ has developed resins that can extract scandium and cobalt from waste water. So they potentially will have commercial sources of rare metals from the by-product waste of their water purification process !
HOW CLOSE IS THE WATER THING TO REALLY HAPPENING ? It is happening. CleanTeQ has signed a memorandum of understanding with a major Chinese municipality to implement their technology. There is a joint venture, 55% Chinese/45% CleanTeQ. Once the first one is up and working, China has a mind-boggling potential for water purification. For their teeming urban centers and for their mining and industrial locations, shall we say the potential is very large ?
CleanTeQ has 100% of rest of the world. CleanTeQ is closed-mouthed about other commercial sources, but they let on that they have been in contact with the likes of GE, Dow, and other big hitters. They state a pipeline target of $100 million by 2020; I predict they will do much better.
HOW CLOSE IS THE COBALT THING TO REALLY HAPPENING ? Very close. Battery useage is soaring and is the strategic target of many governments, corporations, and environmental groups. Batteries need cobalt.
HOW CLOSE IS THE SCANDIUM THING FROM HAPPENING ? This will take a while because the applications are high tech, with long lead times, and there is only one scandium mine in the world (CleanTeQ’s newly commissioned Syerston mine). CleanTeQ intends to develop the scandium market by being a reliable source of supply, and by driving the price down.
CleanTeQ will have viable margins with scandium prices up to half of current prices.
To give you an idea, the Russians made a few MIGs with scandium/aluminum alloys. They were faster, lighter, stronger. An addition of 0.5% scandium to aviation aluminum strengthens the frame, removes the need for riveting, reduces weight, and makes repairs easier. . The Russians dropped it because of costs; and Boeing and Airbus will not use it without a reliable source of supply. But there is about to be a reliable source of supply: CleanTeQ.
WHAT ABOUT IP PROTECTION ? I believe the IP and know-how moat is sufficient. CleanTeQ holds a perpetual license from a high-level Russian research organization that provided some of the foundation technology. I am not a patent lawyer and a lot of the know-how will be proprietary, not patented. CleanTeQ has been at this for over ten years, I think the barriers to entry are sufficient.
MANAGEMENT Totally a plus. Robert Friedland is the Co-Chairman and CEO, he has 20% of the company, great credibility and clout with the Chinese, and an unbelievable track record in mining. Sam Reggall is the other co-chairman. I know little about him, other than from my observations of him on an Australian investment show that aired last week. He was impressive.
MONEY AND FINANCES I don’t think there is anything at all to worry about. Friedland must be worth billions, the Chinese are in, and the concept has enormous potential.
Sources: as I mentioned, information is scant. My sources were the CleanTeQ website, presentations and and interviews with Friedland and Reggall, and the sketchy information on the brokerage sites. Nothing you cannot find on your own.
Long CleanTeQ
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
$ARRRF, $ARL The Ardea quarterly operations report that came out just now is an exciting read. This company is the very definition of a poor man’s Cleanteq, but at 1/7 the MC, it is IMO, so undervalued, it falls in the category of super low downside, with super high upside. Read the report. They have more cobalt than the rest of Australia combined, more nickel than cleanteq, a bunch of other valuable stuff in the ground like scandium, plus a second property that is very interesting, and others that could be leveraged. Why put money into speculations where you hope against the odds they find something on a drill, where you have a company sitting on what Ardea already knows it has, is racing towards production, and is on sale right now for pennies on the dollar. For both Cleanteq and Ardea, the cobalt, nickel, scandium combo is like a once in a lifetime investors dream. In one of the best jurisdictions in the world. Its going to be like printing money for years to come.
Renby…agree about Ardea and that gambling on discovery is not so attractive. I am gravitating towards situations where there is no doubt about the deposit. Deposit risk is something there is little reason to take a chance on.
I may have a different opinion about deposit risk than other people. For example, I am very heavy in $ERDCF
even though there are no proven reserves. But I have no doubt at all about the deposit.
At this point, I have to be pretty sure the stuff is in the ground to put money into it.
Re $ARRRF That symbol for Ardea sounds like something that Hendrix would be interested in!
Sure am. It keeps getting to the top of my list and then something disrupts my thinking.
$ARRRF I think the present price is a gift of an entry. My basis is now $1, and my target is $5. There is the matter of more loyalty shares hitting the market before May, but the PFS, which should be compelling, is due before March 30. A stock price of US$5 would correspond to a MC about $500M for what is tens of billions of in ground value at todays prices, with tremendous sensitivity to increasing nickel and/or cobalt price. Production estimate: 2021/22.
$ARRRF
Opened @ $1.12. Someone got a great price (wasn’t me); but I do have a bid in – to top off. Any idea why the price is so low?
HN I meant your dog, hendrix, and the symbol sounds like a sound he would make as in bark. It was supposed to be funny?
Its been a volatile stock, when it goes on a run it makes me want to bark like a dog ARRRF ARRRF, and when it retraces, it makes me want to BAAARF. There seems to be two factors involved with present price opportunity…. 1. see loyalty shares, there are a lot of them hitting the market now, but that all expires after April. 2. Bots and other forms of price manipulation, the ASX seems like it runs like a casino, with a lot of smaller side games played beneath the bigger one.
tanglewood…it was amusing. I guess my answer was too serious and I read it too quickly.
Maybe there is a cobalt stock ticker $WOOF.
any comments on ERDCF? I’m still in ,but hurting
$ERDCF – Also long; I posted a link to their most recent 2nd Q results in the Gold, Silver, Copper thread, next to last post (at this time):
https://www.stockgumshoe.com/2017/09/microblog-gold-silver-copper-and-hard-assetsfall-2017/#comments
Note: As of August 14, 2018, the Company has a working capital position of approximately
$3.95 million. Current working capital is expected to fund the Company’s budgeted
expenditures to Q1-2019
$CTEQF…excerpts from January 31 scandium announcement
“CMARI is [a material research and development institution affilated with] the Aluminium Corporation of China (Chinalco),
Chinalco is China’s largest nonferrous
metals enterprise, principally engaged in mineral resources development, nonferrous metals smelting and processing, related trading as well as engineering and technical services.
It is the world’s second largest alumina producer, the third largest primary aluminium provider and the fifth largest fabricated aluminium producer.
Chinalco is investing heavily [in] the next generation of advanced alloys to be adopted in China’s growing automotive and aerospace sectors.
Chongqing University is in the top 1% of universities in China with a strong focus on research and development.”
**
What more could you ask for ?
Long Clean Teq
What more could you ask for ?
Absolutely nothing, except wish I had more shares and at these prices!
Long Clean Teq
Clean TeQ, Chinalco and Chongqing University Partner for Scandium Alloy Development
http://clients3.weblink.com.au/pdf/CLQ/01945453.pdf
Long $CTEQF
Research and Development…Clean Teq now has Monash University in Australia and Chongqing University and Chinalco R&D in China, and AP Works at Airbus doing materials research that will benefit his operations. They are going to create the market for scandium applications, and Sunrise will fill the demand.
There is a lot of brainpower going to be brought to bear on how to make scan-alu alloys.
***
Dollars to donuts we will be seeing Chinese car, truck and aerospace companies making things on wheels and things that fly out of scan-alu alloys within 5 years. .
$CTEQF $CLQ Clean Teq Holdings…new continuation thread coming this weekend !
I had planned to publish a new thread continuation on February 6, the anniversary date of the original Clean Teq article; but today’s announcement of the Clean Teq-Chinalco-Chongqing University scandium partnership is a landmark event that provides a suitable punctuation mark for the end of the old and the commencement of a new thread.
Accordingly, this thread will remain open through Friday February 2; after that we will move to the successor thread.
Reduced AUZ.asx, Longer ow $CLQ.asx 🙂 Thanks guyz and galz 🙂
#ThankYOU for your kind thoughts…. I’m on the mend and peckin’ slower than normal. 😉 One finger wonder! 🙂 #Best2ALL! 9660
CTEQF..way long….I wonder how this compares to the Scandium alloys coming soon ? https://www.nextbigfuture.com/2018/01/super-strong-aluminum-as-strong-as-steel.html ….Cowboy
#Cowboy, you are an amazing researcher and wealth of information. Have you considered applying these skills full-time and changing occupations? Times they are a changin’ https://www.youtube.com/watch?v=e7qQ6_RV4VQ
Cowboy, could be great but the process is still in the university labs.
We gots to be early in the game to get ahead HN ! LoL ! I think that I was more amazed that I actually ran across a company that was public for a change…..Thanks Gr8Full. Might as well put my down time to work here peckin on this machine. Beats talkin to the dog here in the house all day ! And BTW… Love me some old Bob Dylan ! BUT…..This is more my style….https://www.youtube.com/watch?v=wnDiQ-v4D_I ….Cowboy
We need to be early but not by more than five years.
That is my arbitrary limit.
Well…it’s not totally arbitrary.
I have a proprietary secret algorhythm that is predicting a mega-spike in batteries and battery materials in 2 to 4 years, so opportunities that take longer are off my radar for the time being.
Bidders for $500m Canada streaming deal as cobalt price surges–report
http://www.mining.com/bidders-500m-canada-streaming-deal-cobalt-price-surges-report/
Cobalt prices have been one of the main beneficiaries of the scramble for battery materials by auto manufacturers.
The metal quoted on the LME recently topped $80,000 a tonne, a gain of 140% since the beginning of last year. Measured from its record low hit in February 2016, the metal is more than $50,000 more expensive.
“Negotiating a price for a streaming deal could be complicated by the limited size of the overall market”
Annual production of the raw material is only around 100,000 tonnes with the bulk coming from the Democratic Republic of the Congo, where fears about political instability and the challenges of ethical sourcing combine to supercharge supply concerns.
The supply picture is further complicated as nearly all cobalt produced globally is as a byproduct of copper and nickel mining which slows down project development and supply growth despite unprecedented demand.
Reuters reports Tuesday Vale has hired Canada’s Bank of Montreal to raise around $500m from bidders for cobalt that will be produced at the Brazilian giant’s Voisey’s Bay nickel mine in eastern Canada, citing four sources. Vale is extending the nickel mine underground to extend the life of the mine to 2035, but depressed nickel prices have slowed development.
Such a streaming deal – making an upfront payment in exchange for future production – is common on precious metals markets but would be the first of its kind for cobalt.
Negotiating a price for a streaming deal could be complicated by the limited size of the overall market. The Voisey’s Bay deal would only be for around 3,000 tonnes of cobalt per year according to the Reuters report.
“No one has done a cobalt streaming deal before and how you price it, given that it is not a liquid market, is very difficult,” the source said.
“But because cobalt is in short supply and there’s a squeeze in anticipation of a surge in demand for electric vehicles, then you’ll get interest.”
Surging cobalt price $500 million cobalt streaming deal
No shortage of interest
In December luxury vehicle maker BMW said its needs for car-battery raw materials such as cobalt and lithium will grow 10-fold by 2025 and that it had been surprised at just how quickly demand is accelerating. Automakers including world number two Volkswagen have been scrambling to secure long term supply contracts, with little success.
Apart from automakers and battery manufacturers other players could be bidders for a deal with Vale.
Top cobalt miner Glencore (LON:GLEN) and Canada’s third largest pension fund launched a base metals royalty firm named BaseCore Metals in December while precious metals streaming companies such as Wheaton Precious Metals and Franco Nevada may also be interested in diversifying.
Canada’s Cobalt 27 Capital has been successful in raising additional funds to build its cobalt stockpiles since listing in June last year providing “a way for investors to speculate on the price of cobalt, plain and simple” according to the Toronto-based company’s CEO.
“Luxury vehicle maker BMW said its needs for car-battery raw materials such as cobalt and lithium will grow 10-fold by 2025″Apart from stockpiles Cobalt 27 also has options on early stage cobalt projects in Canada and elsewhere, but Cobalt 27 CEO Anthony Milewski recently told MINING.com the company’s next deal would probably for a producing asset.
According to S&P Global today six of the top 10 cobalt mines are in the DRC. Due primarily to Chinese investment by 2022 the central African nation will host the nine largest cobalt producers. China also dominates cobalt metal refining and the country’s production of cobalt chemicals now constitutes 80% of global output.
Glencore in December announced it’s restarting production at its Katanga copper and cobalt mine in the DRC which would double its production to 60,000 tonnes in 2019.
Glencore in December commissioned a study to measure the impact of the booming EV and energy storage market would have on mining.
Based on an EV market share of less than 32% in 2030, forecast metal requirements are roughly 4.1m tonnes of additional copper (18% of 2016 supply). The move away from gasoline and diesel-powered vehicles would need 56% more nickel production or 1.1m tonnes compared to 2016 and cobalt supply would have to triple to 314,000 tonnes.
$IVN
Why share prices in Congo miners are falling
https://www.swissinfo.ch/eng/congo-surprises-miners-with-last-minute-changes-to-legal-reforms/43866978
Wow, pretty big surprise that they struck down the 10 year stability agreements in addition to the regular percentage cost increases we were expecting.
Being new to this sector of investing, is that 50% tax on “super profits” going to affect future bankable feasibility studies? Would companies be likely to err on the high side to possibly try and circumvent that in the future? Or maybe prices rarely jump over 25% from study results, I wouldn’t know…
More discussion of DRC and Ivanhoe Mines on Hard Asset thread.
Been also reading of a lot of trouble over there recently, which was expected one way or another. Seems the former (believe now) president Mr K is not going to give up power quietly!
Hopefully Ivanhoe will ride this out? I have over the last year reduced my IVN position considerably, taking profits and note the risk that the DRC holds.
Pity really, greed as usual by the government IMO. That said it’s a very poor country but of course this tax will not change that in any way, that’s a given.(at least with the current leadership)
I would re buy in if the price falls very low, serious conflicts might cause this. Not wishing trouble there at all, but just saying. Ivanhoe is a great project, potentially one of the best copper mines ever.. Friedland or Rule said great mines always get built regardless and I’m sure that’s right.
Ivanhoe Mines’ statement on media reports regarding possible changes to DRC mining code
TORONTO, Jan. 31, 2018 (GLOBE NEWSWIRE) — Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) announced today that it is aware of recent media reports regarding possible changes to the mining code in the Democratic Republic of Congo (DRC).
Ivanhoe notes that there have been no changes implemented into law. Ivanhoe plans to issue a further statement in the near future.
About Ivanhoe Mines
Ivanhoe Mines is advancing its three principal projects in Southern Africa: 1) Mine development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern Limb of South Africa’s Bushveld Complex; 2) mine development and exploration at the Tier One Kamoa-Kakula copper discovery on the Central African Copperbelt in the DRC; and 3) upgrading at the historic, high-grade Kipushi zinc-copper-silver-germanium mine, also on the DRC’s Copperbelt. For details, visit http://www.ivanhoemines.com.
Information contacts
Investors
Bill Trenaman +1.604.331.9834
Media
North America: Bob Williamson +1.604.512.4856
South Africa: Jeremy Michaels +27.82.772.1122
$IVPAF is best discussed on the Hard Asset thread.
Yes good point, sorry didn’t notice as just following previous posts. Can these be moved or should be re posted?
Don’t worry about it, move forward.
I do it myself by accident.
If you post with the $XXX or use the new Travis topic gizmo going forward things will sort themselves out.
fascinating, a streaming deal for cobalt. http://www.mining.com/bidders-500m-canada-streaming-deal-cobalt-price-surges-report/
Wonder if Glencore is lining up alternate cobalt supplies to stick it to DRC if they follow through toraise taxes and royalties?
They are all thinking about what to do.
Glad our cobalt is in Australia.
Ivanhoe dropped under $3 today on heavy volume.
Thinking of adding before their press release on the situation.
The worse it gets for Ivan, the better for Clean Teq.
HN, thanks for the heads-up on IVPAF. I fope to add a little to my OW position.
Many ‘Pros’ talk about diversity in one’s portfolio. While I own no DRC cobalt miners, I am long CleanTeq; and I do own $MUX as well as $IVPAF.
FWIW, Sparton Resources, Inc ,$SRI.V, has traded as low as $.085 CAD today (~.083 USD) with the last trade @.09 – for any who may have been waiting for the price to fall.
$CTEQF…Multotec metal extraction contract…Clean Teq IR responded to my inquiry . They are stonewalling on the mine and the extraction targets, for unspecified reasons.
As far as a Clean Teq install at Kipushi, Mr. Glass said that “since RF is Chairman of both companies, he assumes there would be valid reasons”
for not doing it, and he has not seen any correspondence about it.
Gives the right impression without being definitive.
Hah. Scandium was not high on their priorities, either.
I pushed gently by pointing out that they revealed the Oman flue gas targets, and that the policy on this new contract contradicted that precedent.
But it is useless, they do not want to say, and Multotec is private.
$CTEQF…got another response from IR. Glass said that the end client requested confidentiality, which was not a restriction imposed in the Oman gas flue deal.
Then he suggested I take up the question of Clean Teq applicability at Kipushi directly with Ivanhoe, which I intend to do.
Inquired of Ivan IR as a stockholder if a Clean Teq facilty was being contemplated for extraction of secondary minerals at Kipushi, being as RF is Chairman of both companies; and if not, why not.
We’ll hear what they have to say, although with the DRC tax thing, my inquiry is probably priority #1000 for them, and if the Multotec install is in fact for Kipushi, then Ivan is the one who requested confidentiality to begin with. So I am not expecting a confimation.
More likely I will get technical mumbo-jumbo about how they have considered it, of course, but they cannot hook up a polymer U-cylinder flow chamber to a dense mass centrifugal slurry mixmaster medium separator without a special part that is back-ordered for five years.
$PIL.asx ow – 4C Quarterly https://www.asx.com.au/asxpdf/20180131/pdf/43r6lhywqd7mpv.pdf
Australian 10 https://www.asx.com.au/asx/markets/equityPrices.do?by=asxCodes&asxCodes=auz+clq+jrv+ncz+arl+mei+cob+fzo+pil+vec
EUC ASX imo oversold 10c aud, market very choppy and a news focused market at the micro stocks end.
If you believe in the story could be a great time to buy.
Presently two weeks into an extensive mining program in Dobsina, Slovakia.
Whereby initial results should be available I would expect early April. LP
Just be mindful of the sp when buying – try to select a good entry price especially in the current market.
G88 ASX still waiting on news.
Others worth watching:
NCZ – zinc, BSX – cobalt, Ben mentioned VEC – Vector Resources – gold at a very interesting stage 3c aud.
As always DD/ DYOR.
CLQ’s future looks good to me, at this stage of their growth, in the short, medium and long term.
Just need to believe and trust your vision.
$CLQ $CTEQF Clean Teq Rocks. I have a fractional position in EUC, would like to add to it, and establish a position in $ARRRF.
Still think a German metal bender ought to take out EUC.
Slovakia is next door.
These foreign nanocaps are too cumbersome to trade with my existing brokers, so I am biting the bullet and opening an account with IB.
Thanks, Billville, Renby and Ben.
EUC asx np Wow! That sold for just a penny a year ago!!
$COB.asx fp, $HAV.asx np – MOU https://www.asx.com.au/asxpdf/20180201/pdf/43r7xgb43r4nxt.pdf
Examining the fit – https://www.asx.com.au/asxpdf/20180201/pdf/43r7xj46l2ls1z.pdf
Speed of Disruption and Portfolio Positions
I dislike being hurried into anything, but I feel some urgency to work out my positions and allocations in battery metals (other than Clean Teq).
It may be my imagination but it seems that the increase in investment and news publications is just skyrocketing on EVs, solar, cobalt, and so forth.
And we are also seeing lots of primary material companies jumping on the bandwagon.
This has been going on for a while; but it takes time for people, myself included, to wake up and do something about it.
The developments on the ground are happening plenty fast enough, but with today’s media and communications, investor attention and interest can literally expode overnight.
” The developments on the ground are happening plenty fast enough, but with today’s media and communications, investor attention and interest can literally explode overnight “…. That’s where us Gummies excell ! ….. Cowboy
If I get any more tickers to analyze my head will explode overnight.
CTEQF…Long… https://www.livewiremarkets.com/wires/chinese-aerospace-deal-could-send-clean-teq-to-new-heights ….Cowboy
$CTEQF ow Great article. Impact of scandium in actual sales is still a good ways off, but it is encouraging that it seems to be coming sooner rather than later and the impact could be HUGE!
Hendrix, do you think their DFS that is coming out the quarter will include anything on scandium?
I’d love to see their scandium reserves included in their forecast. This company could become a monster in 3-5 years! It’s worth waiting for.
I wish the US would get in on the action here and make some deals for scandium. I’m afraid they are going to be left in the dust here by China.
Niiz, there will be nothing in the DFS financials on that rely on scandium,
I am pretty sure of it. They do not need scandium sales to make the DFS look good enough for the banks, it will only detract from credibility and notify the competition of the opportunity they are missing.
They will show some scandium in the geology and production but it will not be relied on in the financials.
Don’t worry about the DFS. It is really irrelevant, they have already made the construction decision and the financing will be announced within weeks, maybe days, of the DFS. The autoclaves are already bought, paid for, and delivered to Australia. They are hiring people. It is happening, they are not waiting for the DFS.
Agree on US getting left behind. We will have to play catch-up in both solar and scandium-aluminum alloys. Worried about Boeing vis-a-vis Airbus, especially.
CTEQF ow Yes, I’m not worried about the DFS being economical or about the decision to build. I was just interested in being able to put a future valuation on the stock by including the scandium.
Question: Are the autoclaves necessary for scandium or for cobalt/nickel or both?
I was thinking it was the scandium. Never mind. I researched it and see it will help for all three. Great!
80t pa scandium to be incl in DFS figures
$CTEQF ow
John, too many abbreviations in that. I couldn’t understand it. What does “8ot pa scandium” mean?
CLQ are including 80t pa in their upcoming DFS. Can scale up to 170t pa before they cut into their high grade areas. MASSIVE!
$CTEQF ow Thanks. I got it now. I was misreading your post. I thought you wrote 8 OT, but you wrote 80 tons!. I couldn’t figure out what 8 OT referred to.
I couldn’t figure out the “pa” thing either, but now I got it. 80 tons per annum, right?
Yes that’s just the beginning!
Is it figured in the financials or just the production side ?
FInancials – see resource upgrade Ann last yr
https://twitter.com/bomber78a/status/959226211527348225
CLQ Scandium by product worth a fortune!
In my estimation, in the next three years there will not be a professional investor analysis or evaluation that properly values Clean Teq. The professionals are too conservative.
Which analysts are professionals in mining, water purification, battery technology, and mineral extraction ?
Who is qualified to put a value on this company ?
Does such an analyst know what the margins are going to be ?
Does that person knows what is going to happen in the scandium, cobalt, and nickel markets ?
Do they which aerospace companies are going to use scan-alu alloys, and when ?
Do they know what resin formulas Clean Teq has, and what contracts Clean Teq is going to get for mineral extraction in Africa and in China and in Australlia ?
Do they know what water purificiation contracts are going to be announced ?
NO. THEY DO NOT KNOW. No matter how prestigious the name on the letterhead, they do not know.
But people will still listen to them, and they will be cautious because they do not want to look foolish to their constituencies, their editors, or their bosses.
Of course you have made excellent points HN. Throw this into the mix: Friedland has developed strong relationships with the Chinese, I think these relationships could be labeled as bonded. The Chinese have made inroads into the African Continent during the past decades that many “informed” professionals do not appear to understand the value of. Forward looking Chinese government and enterprises have a solid grip re access to the vast natural resources that many areas of the African Continent holds, its available human resources, and just as important, what Africa will become as an agricultural bread basket in the not too distant future. The Chinese, and Friedland, are building infrastructure throughout Africa, the value of building infrastructure there is beyond measure IMO. If, and this is an if, climate change happens to the degree and how I have reason to believe it will change, Africa is hands down the the most opportunistic location in the world to be for those who understand the true value of the wide range of commodities. Food, or the lack of food, has been the driving force behind human expansion and conquest throughout our history IMO. The shiny and durable stuff, along with the natural human want to conquer and control and satisfy curiosity, comes in second, third, and forth IMO. I do not claim to know the order of importance among the last three. Best.
I agree the DFS will be compelling even without factoring scandium, however they will be producing scandium oxide as a by-product, so I do expect the DFS to economize that in some kind of format. There may even be something in there about ammonium sulphate and platinum.
Cowboy, another great article.
“Clean TeQ was out to fix all that two years ago by developing Syerston’s scandium component – it is the biggest known deposit of the stuff in the world.”
This post has been closed to comments. The discussion has moved over to the next volume: SCANDIUM, COBALT, AND WATER PURIFICATION: CLEAN TEQ HOLDINGS,VOLUME 2, 2018.
CLQ.AX – CTEQF
Any views on today’s drop in price related to the overall drop? I’m awaiting more news soon on Cleanteq so don’t really feel like selling,,,
$CLQ.asx ChrizCringle – I was hoping this article was going to mention #AlSc alloy; believe it shall soon but not yet. https://www.reuters.com/article/us-singapore-airshow-airbus/airbus-sales-chief-sees-opportunities-to-improve-a320-production-rate-idUSKBN1FQ0OB? . HendrixNuzzles, you are quite fortunate to not have your Interactive Brokers Account funded yet as the blood-letting in the markets continues night and day. 😉 #Best2ALL!
I also listened to Kaiser’s somewhat negative comments regarding CleanTeq this last weekend. Any viewpoints? It’s in the second half of this precentation (he talks about Scandium International and Cleanteq). https://www.youtube.com/watch?v=oiuR5p33QMc&list=WL&t=1360s&index=12
As far asI know Kaiser is a big holder of Scandium International. Don’t care enough to double check my comment. He looks very slanted against CLQ.
Clean Teq discussion continued on new thread “Volume 2”
$MEI.asx np – Outstanding Shallow High Grade Drill Results, Midrim, Canada https://www.asx.com.au/asxpdf/20180219/pdf/43rp4b6xm89wpf.pdf
$CLQ.asx – Travis added to his position and comments: “CTEQF (CLQ.AX, CLQ.TO): My favorite cobalt play, many catalysts this year but buyable up to US$1.80 if cobalt exposure is wanted and risk tolerance high.”
https://www.stockgumshoe.com/2018/02/friday-file-the-big-list-plus-a-buy-on-great-earnings-and-a-few-speculations/comment-page-1/
$CTEQF…$CLQ…..Important ! What other junior miner can do THIS ?? :
I was reading along on the Multotec website about Clean iX and what they say it can do. They feature a contract with a gold mine in Australia, landed it in December. Good.
In the copy it said:
“Clean-iX® provides a cost-effective method of removing and recovering cyanide…and the operating cost is approximately 50% of the cost of purchasing cyanide…alternative leaching reagents…are becoming more widely used because of the impact cyanide has on the environment… Clean-iX®, can be used for both these leaching reagents.”
So great. Clean iX will be wanted by all the low-grade cyanide heap leach gold miners, to keep all that nasty cyanide out of the environment. But why do they say, Clean iX has an operating cost “50% of the cost of purchasing cyanide” ?
The miners don’t want to BUY cyanide, they want to GET RID of it….why are they putting the cost of clean-up with Clean iX, as a percentage of new cyanide ? Why are they expressing the cost of the process in terms of the chemical cost of what they are cleaning up ? Weird. Like the autoclave announcement. Something odd here I don’t understand.
Why are they telling us this ?
Holy SH%T ! and AHA !…It hits me. The miners are going to recover cyanide with CLEAN iX and re-use it !
They will be heroes for keeping cyanide out of the environment, and save 50% on their chemical bills for cyanide !!
Every heap leach low grade open pit gold mine in the world is going to want this !
BONUS HENDRIXNUZZLES FIND: There is one other very important word in the Multotec copy I quoted.
Did you notice ? They used the word OPERATING. As in operating costs. As opposed to CAPITAL costs.
This means, potentially, that there will be A LIFE OF MINE residual income from the cyanide recovery installations in favor of Multotec and Clean Teq !!