Scandium, Cobalt, and Water Purification: CleanTeQ HoldingsA 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.
Scandium – The Technology Metals Race Where All are Winners
https://investorintel.com/sectors/technology-metals/technology-metals-intel/scandium-technology-metals-race-winners/
C$CLQ
Sam is still adding on open market. Can’t get enough at these prices it seems…
http://clients3.weblink.com.au/pdf/CLQ/01856790.pdf
Sam Reggall…insider postion at CleanTeQ…if you like management having a big stake in a company then Sam Reggall is your poster boy.
FYI – Lithium Boom II And Cobalt Boom II Are Coming Soon
https://seekingalpha.com/article/4073242-lithium-boom-ii-cobalt-boom-ii-coming-soon?app=1&uprof=46&isDirectRoadblock=true
Is 2018 soon? This a good market update and includes market catalyst we might expect to see in the near future.
xposted
$CTEQF –
Dr. John L. Faessel
ON THE MARKET
Commentary and Insights
https://gallery.mailchimp.com/6b234a59bc4b0bc555986937a/files/6e6d8b47-a17e-441b-867c-c0a0f216981c/Clean_TeQ_May_16_2017.pdf
I received this late last night very interesting statiwstics.
xpost
$CTEQF long and building
Excellent article, thanks Griffin.
So much is going on here, potentially the most exciting company in this sector by far and now my second largest holding after Ivanhoe…..
They cant hold it down forever – CLQ is about to boom in a big way. I think a potential equity partner is suppressing the price for the moment to try and get in cheap
Unquestionably games going on regards price and accumulation of shares. Nothing we here can do about that.
RF and SR will I’m sure be fully aware of these shenanigans.
Not forgetting the Chinese of course. In time should settle and be priced accordingly as in up. In the meantime long and staying long.
Mentions CleanTeQ
http://www.barrons.com/articles/7-commodity-winners-in-electric-car-revolution-1487776843
C$CLQ
Ivanhoe got top billing in the article. Long Ivan, long Cleanteq.
Comment:
$CTEQF – Recieved this from CleanTeql;
Dear Clean TeQ News Subscriber,
Referenced below are two weblinks to recent articles which provide some useful insights into recent developments in electric vehicle and lithium ion battery markets.
Clean TeQ Holdings Limited (ASX:CLQ) is the owner of the Syerston Nickel/Cobalt/Scandium Project in NSW, Australia. Syerston’s unique mineral resource, when combined with Clean TeQ’s proprietary ion exchange extraction and purification processing technology, positions Clean TeQ to become one of the largest and lowest cost suppliers of key cathode raw materials to the lithium-ion battery market – nickel sulphate and cobalt sulphate.
The Syerston Project will also produce significant quantities of scandium for the next generation of light-weight aluminum alloys for transportation markets.
Move Over Tesla, Europe’s Building Its Own Battery Gigafactories https://bloom.bg/2qFIXrs
if above link doesn’t work;
https://www.bloomberg.com/news/articles/2017-05-22/move-over-tesla-europe-s-building-its-own-battery-gigafactories
German tortoise and Tesla hare in electric car race https://www.ft.com/content/c40c6ffa-3b05-11e7-821a-6027b8a20f23
editors note the above link may require a subscription.;
Regards,
Investor Relations
Clean TeQ
$CTEQF – Syerston Development Consent Modification Approved – ASX
https://gallery.mailchimp.com/6b234a59bc4b0bc555986937a/files/c6b8d0cd-c086-4299-a550-135570fe114f/ASX_Syerston_Development_Consent_Modification_Approved.pdf
Griffin…gettin’ ready. As I read it they are preparing to increase cobalt throughput if conditions warrant it. 21 year mine approval. All systems go.
Hot (Copper) off the press from Clean TeQ
http://clients3.weblink.com.au/clients/cleanteq/headline.aspx?headlineid=3470748
CleanTeQ…talk about unexpected ! A contract in Oman, in the Middle East, to extract arsenic and antimony. Gives you some idea of the application possibilities…
Nice but still no effect on price.
$CTEQF…att: Hedy….True. The deal is small ($400K), and it is is in water purification, in the middle east, so in and of itself I would not expect a big investor reaction…especially from resource mavens and motorheads thinking about Tesla and lithium and cobalt and nickel, or techies thinking about aluminum alloys.
But I think it is quite meaningful for the following reasons:
**The unexpected elements involved indicate very wide application potential of the technology. They are going to recover arsenic and other undesireable elements from mine water waste which have never even been mentioned in the literature I have seen. This adds credibility to the wide application and flexibility of the technology.
**The expected geographic penetration of contracts has been centered on China , where they have major partners and a large binding contract, and Australia, where they own the Syerston mine. It has come to light recently that they also have a partner in South Africa, and the water sector has offices in several continents.
To have a small contract landed in Oman is a very positive surprise that portends extremely large and varied markets geographically.
It is a small deal… but it is a deal, it is real, and the unexpected elements of it, plus its location, suggest a lot of potential that we have not really even contemplated.
Long $CleanTeQ. Let it stay at 50 cents for a while so we can buy more before there is a major announcement with Airbus or some other noteworthy event that causes the price to skyrocket.
There is a link between
STRATEGIC ENERGY RESOURCES LIMITED and IONIC and thus CleanTeQ
See….
https://hotcopper.com.au/asx/ser/
Ionic have the membrane as I assume we all know and SER own part of Ionic.
CleanTeQ get mentioned, again regards the company putting together the Oman deal.
Just posting this as indirectly they are all involved.
These partners could be very good, I don’t mean to be critical. Will check them out as CTEQF develops. There are a lot of good secondaries if CleanTeQ really hits…the partners you mention, the mine holding next to Syerston, and so forth. But right now my priority would be to add as much CTEQF as I can, as circumstances warrant.
CTEQF: This is probably irrelevant, but I was in an ancient tin mine in Cornwall last week. Apparently when tin prices were down, they would pay the wages by selling arsenic….its used as a part of crop spray to keep the bugs at bay. So there is a market.
CTEQF
FYI
Arsenate pesticides were banned in 1980’s in the US.
CTEQF (CLQ) OW : Although overall use of arsenic is in decline because of environmental reasons, demand for alloys of arsenic (primarily gallium-arsenide) is increasing. These alloys are used in a variety of electronic applications such as laser diodes, certain semiconductors, High Frequency electronics, etc…
Off topic: this is my first post on Gumshoe 🙂 Let me thank all of you great people who make this site such a wonderful place! The things I learned, the gems I found, so exciting! I’m really grateful! Great to be here! 🙂
Godiva Cocoa…So happy you are with us and hope we can all make some money. Maybe CleanTeq can get gallium out of waste water somewhere and sell the whole package. Thjey seem to be able to get everything else.
Hendrixnuzzles, it is thanks to you I stumbled upon Clean Teq. Owe you a Belgian Beer for that! The more I read into it, the more I am convinced of the potential this company has. I share your hope we all get stinkin’ rich. And then I ‘ll buy that 3D printed electric motorcycle from Airbus APworks 🙂
HN, Other than the location the other thing I picked up from this Oman deal is that CleanTeq will supply material for the plant operation. I don’t remember seeing that as part of the deal in China but then I’m not sure that would be expected in that it is so large. In any case as these deals are added there will be a growing income from deliverables. Where does it stop with this company, they sell the technology, help build the plant and then sell material to keep the plant operating.. I’m with you I sure hope I can double my position with current share price. It isn’t going to take much for this SP to snowball real quick.
Considering location all we now is a deal in the south America and the areas of importance wil be covered.
$CTEQF…Griffin, good question, where does it end ? Cleanteq for sure will supply the gear from their Chinese conglomerate partners. I think the water book will; grow without anyone noticing, what hot money is in water purification ? But then the news will come in on cobalt, nickel, etc and the thing will go crazy. The water stuff will be like an annuity.
Also remember…CleanTeQ holdings owns 100% of the business outside of China. The Chinese interests have 16% of the company and whatever JV interests are negotiated within China from their deals. My guess is that the manufacturing of the plant equipment for all world-wide will be from low-cost factories affiliated with the Chinese contacts and of course CleanTeQ Holdings will make a mark-up on the sale of the equipment and the installations and operations.
Money to be made in every direction.
It seems to me they have chosen a franchise type model, and divvying up their territories by country or continent. They partner with a local company that already has developed distribution channels and customer bases, and cleanteq provide the technology, materials, know how, and partner gets exclusive rights within a territory. As their business develops and they divvy up all the prime territories, this probably allows them to get out of the business of selling their products and services directly to potential customers, and to focus more on developing their technology, finding new applications, and filling orders.
CleanTeQ distribution…if the thing works there will a pretty big pie to cut up. I would think they would retain control of the really big hitters, like major cities, China where they already have partners, and big industrials and miners. But we will see as the deals come through who is getting what.
My supposition is that Friedland & Company will evaluate what it is that the partner is in a position to deliver. If they can really contrribute I don’t think he has anything against letting the contributors get stinking rich.
Look at what he cut in Reggall for, look at what he gave to the Chinese who can really move the meter, look at what he gives the host governments and his stated desire to uplift the surrounding communities. Despite his success and great wealth, Friedland does not strike me as greedy or selfish. He wants to accomplish something great, industrially, technically, economically, socially, and environmentally; and the parties that can help bring it about are likely to be well rewarded.
Just my impression, of course.
Renby, the distribution scheme is logical but there are certain parties they will surely not farm out. The big aerospace, motor companies and jumbo multinationals will probably be retained directly. For example, it is difficult to imagine that Airbus, or Daimler-Benz or Rio Tinto or the Calcutta Municipal Water District are going to be farmed out in a territory deal.
You could be right but it is hard for me to imagine that if the board of Toyota or Thyssen wants to clean up a major industrial waste problem that they will want to talk to anyone but Mr. Big.
You may be right, it is very interesting to me to see how their water division unfolds. I think we are all kind of aware that if this aspect of the business takes off, we are going to make mucho $$$$$. While the total model is a little difficult to unwind at this point before they start accumulating contracts, it seems like they are leaning towards giving partner companies exclusive territories, and customers get to buy and own their own cleanteq systems, while paying cleanteq up front for building the system and then some kind of, for better word, royalty payment for every gallon processed. Something like that, though still watching and learning. While still piecing together how its going to work, my thoughts are if they farm out the sales and distribution to partners, it focuses them on developing the technology and its applications, while cutting risks and expenses involved with opening offices and paying a sales force.
CLQ distribution…however it unfolds it’s going to be fascinating.
When you look at the water website that just went up the week of the Pengxin announcement, , it’s hard not to be impressed how they hit the ground running…offices established in mainland China, Hong Kong, South America, Australia, Africa. Ready to go, open for business.
For large deals it is hard to see how top level decision makers will not be involved. The thing is too new and the applications are so specific and complex that surely they must be carefully looked at from many angles before feasibility and pricing can be made. My guess is that for a while all the deals, large or small, will be carefully evaluated by the guys at the top. Mistakes in pricing or technical capabilities at this stage would be disasters.
It makes sense at this stage. My thoughts are the first several contracts will serve [practically speaking] as demonstration projects. I assume a lot of potential customers would like to see this technology working in real world application before committing a monster chunk of $$$$. And since it seems like their technology has a lot of different specialty applications, it may take a bit for each of these to find its market. But I like these partnerships with companies that are already set up for various territories, my feeling is this allows them to quickly develop a global footprint.
Renby…dead on. They must prove it works, it doesn’t matter if the deals are big or small, it doesn’t matter whether it is to get arsenic out of mine water or nickel oxide out of Syerston. They need some plants up and operating as soon as possible.
That is one reason they went in on the Syerston mine. Aside from the profit potential they see in cobalt and scandium and nickel, no one can stand in their way or cause delays at Syerston when it comes to installing their own technology. Mine construction takes a long time, and they don’t need another set of time complications with a third party.
As it is, they already have a small scale demonstration plant in Australia
that is producing samples from Syerston ore. This is how they are supplying the samples of SC2O3 to Airbus and other potential clients.
Applies to CleanTeQ and Ivanhoe…
Long IVN
Long CLQ
http://www.cnbc.com/2017/05/23/reporters-notebook-be-warned-us25-oil-is-coming-and-along-with-it-a-new-world-order.html
$FYI – Cobalt Miner News For May 2017 by Matt Bohlsen @sa
Includes: ARRRF, BHP, BKTPF, BNCIF, BXTMD, CMCLF, CTEQF, CUZ, ECSI
Summary
Cobalt sot price news: Cobalt prices were basically unchanged for the month.
Cobalt market news: Cobalt demand remains strong, and is forecast to rise strongly as EVs take off.
Cobalt miner news: Sherritt sells down their Ambatovy share from 40% to 12%, Umicore plans to increase their cathode capacity six-fold by 2020.
https://seekingalpha.com/article/4076461-cobalt-miner-news-may-2017?app=1&uprof=46&isDirectRoadblock=true
xpost
I’m looking to buy some Clean Teq after reading the thread. I’m just wondering why the share float on the ASX is 478.25M, whilst on the US OTC market it is 572.73M. That is quite a big difference of 94.48 Million shares and I’m perplexed why? What would be the preferred market to buy these shares on?
CLQ on the Australian is the actual company stock…my understanding is that CTEQF on the US OTC is like an ADR in that it represents one share of CLQ but is not precisely the same.
A small intermediary risk, like that of an ADR, but they both entitle the holder to one share of the company stock.
The trading sessions are different and there are exchange differences; in theory I suppose it is marginally preferable to buy the Australian CLQ, but that depends on your individual circumstances and the capabilities of your broker service.
Because of brokerage exchange fees and so on, I trade in the US OTC under CTEQF.
Thanks HN for the insight. It is easier for me to obtain the shares on the OTC market, so will look into that.
acheppell…that’s what I do…USA OTC, CTEQF.
achappell, I’m very flattered you find the thread persuasive, but I strongly encourage you and anyone else to check the sources for yourself to make sure no one is misrepresenting or distorting the information that is there.
I have found this is also helpful in developing real conviction that will not desert you if things go badly.
It is easy to think, “So-and-so said this, but look…my position is down !”
It is much better to think, “Hey, wonder what’s up. I know for sure this is a great company… and I can pick up some more at bargain prices ! “
HN – you make a very important statement when you say, ” I have found this (DD) is also helpful in developing real conviction that will not desert you if things go badly.” I think all Gummies should be asked to write this on a backboard (showing my age) 100 times.
One should really have a sound idea of why they purchased every stock in their portfolio. The best background for this choice, by far, is doing your own research. To buy something simply because someone else has suggested it, leaves you susceptible to fear and doubt at many levels – no matter how solid the original recommendation was. When things go badly, as they often do, you will have the confidence to hang in there, because your really understand your initial purchase premise.
Peter, no question about it. You have to decide for yourself, with the best information you can find. Another person may point you to an idea, and you may find him or her credible; but in the end, YOU are the one making the decision, and it is best to have your reasons clearly in mind even if your thinking is subject to change.
CleanTeQ disribution…partner in Africa…the recent announcement of exclusive licensing of CleanTeQ filtration technologywas for distribution in Africa to an established pollution control and waste processor named MULTOTEC. No position, no opinion.
Apparently Multotec is already in the business, and is positioned with great
contacts and credibility. So they will sell CleanTeQ installations in Africa.
Unclear if the Oman deal is under Multotec or not. No big deal either way.
Well, they’ve got firm contracts in Africa and China, plus their own Syerston facility is going to use the technology. Things seem to be moving along pretty fast.
Multotec is involved in all aspects of mining production, not just waste and pollution control.
HN good info. What I can’t determine is if Multotec is a good partner. Hard to find out what either their track record is or what the African mining industry thinks of them.
Take a look at the website. They claim over 300 clients in Africa and have offices all over the place.
No stock quotes or anything, though…they may be private, which seems to suit Friedland’s style.
I would not worry too much about the vetting of Friedland’s partners. He is going to have the pick of the litter and is too smart to pick duds. The capabilities of Pengxin and Multotec are pretty good evidence that he will pick collaborators that are tremendous.
Noted and YES fully agree.
The truck is fully loaded but looking at hitching a trailer ha ha..
This is far from a “mining” stock, more disruptive looking crossover and multi type company. Think all have to say that’s very exciting and we are in very early…
CleanTeQ…we are in so early it is still dark and the birds are not even chirping yet.
Do they have a market cap etc…
Just curious, not sceptical but asking as I got great hopes for Clean teq. I think the vision is endless which is why I’m long.
Once again thanks to hn for discovering this opportunity which seems ages ago but is I’m sure less than a year…
Squirrel…Does who have a market cap ?
If you are asking about Multotec, I can find nothing at all about its financials. Looks private. No stock quotes, no bragging about revenues, no nothing.
Just go through the website, see what they do, and ask yourself if you trust Friedland to get the right information about this company before bringing them in.
Trust Friedland 100%, bloke is a visonary in mining and now towards EV/cleaning the planet. Someone, many are taking that role otherwise we are in deep trouble. When you have his deep pockets leaving a legacy is the force that should drive you if only for your siblings.
Friedland…He be better be carrying a key management insurance policy in the billions.
Was saying Multotec, but now know from what you said is a private company so no mc. Was just trying to get a further insight on Multotec.
All things point to wise decisions by CLQ to partner with Multotec, which is obvious really.
Hard to know where CLQ will end in its destination to clean our planet as well as rewarding us stakeholders.
Great to know our monies are being put towards more than just simple returns.
$CleanTeQ discussion essay above was published February 6, 2017.
Seems like ages ago, doesn’t it ?
Hedy, it’s not a coincidence that the Oman contract and the Multotec partnership were announced on the same release. It’s likely that Multotec was under the gun and had to show a deal before CleanTeQ would give them anything. As it is, Multotec just got Africa even though they have offices in other continents. Friedland will find the best guys to go with,
wherever he is looking; and Multotec has a pretty good field of play in Africa.
Do you think this is an exclusive marketing agreement?
It says so, but for Africa only. The omission of the middle east
is telling, I don’t think Multotec has an exclusive there…too much oil and gas business for CleanTeQ to give it away to a hard rock mining guy in Africa. They’ve probably got a non-exclusive fishing license in the Middle East, and wherever elese they can drum up business until CleanTeQ finds other
partners. Just guessing.
Multotec/Cleanteq/Oman deal…details in the release indicate that the African licensee Multotec landed the Oman contract. The installation is for processing waste gas out of a flue !
Long CleanTeQ – CTEQF
Scandium (as well as many other base metals) can be recovered/filtered from fly ash generated by coal combustion. Toxic, tricky and costly using current technology but with CleanTeQ’s new process could be another +++
$CleanTeQ’s African licensee…MULTOTEC…no opinion, no position
The exclusive CleanTeQ partner announced in Africa for technology distribution is MULTOTEC,
They have over 300 existing and previous clients in African mining. Here is the web link for those interested:
https://www.multotec.com/
No position, no opinion on Multotec. Long CleanTeQ.
From the Multotec website: in their services sector, there is a photo of what appears to be a CleanTeQ processor.
And CleanTeQ CleaniX technology IS THE LEAD FEATURE headlined in the section:
Clean-iX® for Metals Recovery
CIF® For Process Water Treatment
Filter Press
Industrial Centrifuges
Ishigaki Rapid Polishing Filter
Multotec has been in the solid/liquid separation (dewatering) business for over 40 years and supplies and manufactures world-leading solutions to increase the rate of your separation and increase overall process efficiency.
As global solid/liquid separation specialists, Multotec’s extensive range of industrial filter presses, centrifuges and polishing filter solutions reduce waste and are energy-efficient.
Multotec’s team of skilled engineers are experts in process flow sheets and have the expertise to supply solid/liquid separation equipment that can be seamlessly integrated into new and existing applications to lower your overall cost per ton.
Multotec provides solid/liquid separation solutions for chemical and mineral processing, as well as solutions for coal or water treatment plants.
Market leaders in solid/liquid separation:
Turnkey solid/liquid separation solutions including design, manufacture, supply, installation and maintenance
Fully-automated filling, pressing, material discharge and self-cleaning functions
All solid/liquid separation solutions are manufactured according to ISO 9001 standards
Lower capital and operating costs
Increased environmental compliance
Lower drive pressures prolong apparatus life and improve safety
More on CleanTeQ, from the Multotec website. Multotec is the partner just announced for Africa. Multotec is a specialist in all aspects of mine operations and mine optimization. CleanTeQ processes are the lead headers in the sections where their processes are relevant; the section below is in the solid/liquid section of services offered.
Multotec, no position. Long CleanTeQ.
****
“The role of Clean-iX® in solid/liquid separation
Clean-iX® for solid/liquid separation [provides] you with highly-efficient and cost-effective extraction, concentration and solid/liquid separation processes.
Clean-iX® is tailored for recovering, among others, gold, uranium, rare earths and base metals (!!) (…) ”
This is not pie-in-the-sky wishful thinking or hyperbole by a start-up Australian microcap. This is website copy from a world-leading mine operation specialist based in South Africa, and it refers to the CleanTeQ technology they have just signed up to distribute.
Multotec…no position…this is a lot of posting for a company in which I am not interested in invesrting, but since they are very established in Africa and other continents and have been announced as CleanTeQ’s distribution partner in Africa, I am very interested in what they say about CleanTeQ and its technology. Here is some more
fromtheir website:
***
Process Water Treatment
Multotec uses Continuous Ionic Filtration (CIF®), developed by Australian-based CleanTeQ, to cater to the process water treatment industry. CIF® helps filter, separate and purify water with lower costs and reduced maintenance. Built on the foundations of continuous counter-current ion exchange… The process continually removes both solids and dissolved salts from water.
CIF® is suitable for the treatment of a wide range of waters, reducing scaling and fouling risks – ultimately improving production!
Metals Recovery
Multotec’s metals recovery solutions, for industrial applications, is suitable for metals recovery when working with base metals, gold, uranium, rare earth elements, scandium and other metals. It uses Australian-based CleanTeQ’s Clean-iX® technology, which targets the recovery and extraction of metals from pulps and solutions using ion exchange resins.
Clean-iX® is built on the foundations of continuous counter-current ion exchange, which leads to higher resource recoveries at lower costs.
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CleanTeq will not be blowing its own horn in Africa. All we got was a half-page news release announcing the partnership. Meanwhile Multotec has done all the prep is already selling the stuff on their website, and the message is identical to what we got in Friedland’s investor presentations.
Thanks hn. The more we understand about Clean teq and their strategies the better. They are at the heart of new disruptive innovations to make our planet survive many years of explotation. Freidlands real legacy unfolds slowly but surely….
Multotec web copy: NB: hmm… scandium recovery makes a cameo appearance in the Multotec copy along with gold, uranium, and rare earths. They could have mentioned nickel. Or cobalt. Or any other element. But no…they mentioned scandium.
We poor retail investors have to look closely for clues everywhere.
Quote – We poor retail investors have to look closely for clues everywhere.
It’s like the joker in the pack, could be so much added value. Interstellar that they mentioned it. Clues indeed.
Just adds another dimension to CLQ, scandiums full potential is unknown. But think I read that CLQ has the biggest deposit outside of the dodgy unreliable mining practices of the DRC.
CLQ deposit…that’s what they claim. And the guy next door at PTNUF is sitting on a big part of the same deposit.
Multotec web copy: NB: hmm… scandium recovery makes a cameo appearance in the Multotec copy along with gold, uranium, and rare earths. They could have mentioned nickel. Or cobalt. Or any other element. But no…they mentioned scandium.
We poor retail investors have to look closely for clues everywhere.
$CleanTeQ…timelines and perspectives
The announcement of the Oman contract and the Multotec African deal occurred on May 24. The plant is new construction and should be completed in 4th quarter of this year.
Now I never visited the Multotec website until today; but all the material highlighting CleanTeQ is there, they are open for business and have the technology fully featured and
clearly presented.
Again I must say how impressed I am with the preparation, timing and management of Friedland and his team.
Ask yourself, How long ago did these negotiations have to get started, for there to be such an announcement of agreements only 2 days ago ?
How far in advance are Friedland and his team have to start working, to be included in an industrial project already underway, and have the components and resins IN TRANSIT NOW to Oman for installation ?
How long did the due diligence take on both sides, and how many lawyers and meetings and negotiations have there been to be able to announce completed agreement on May 24 in a press release ?
And of course, this is a small deal, happening while Friedland also is managing all aspects of development of three major mines of world-class proportions, involving negotiations with sovereign governments, state utility corporations and municipalities, and major multi-national corporations; all with the end goal of realizing a revolutionary idea that can have a world impact on industrial productivity, the mining and transport industries, and the environment.
Friedland is just a tremendous visionary and must be absolutely tireless to be doing this
all at the same time. I can barely keep up and digest the news releases on a couple of his companies.
HN: Thanks for all your research….youre clearly excited. You may have answered this before but its hard to recall every pixel.
How does Cleanteq profit from thei water purification system? Seems theres a lot of beaks in the bowl. Are they selling the equipment, renting by the hour or taking a % of the product extracted. They say the equipment is portable so some sort of ‘by the hour’ seems likely, but moving the kit across rough terrain to the next site (which could be 1/2 a continent away) cant be easy/cheap.
Multoteq claim involvement in 300 African sites so theyre bound to be pushing them all hard to adopt.
alanh It seems to me their main thrust is removing metal from certain point sources. That is good and needed but desalting is the greatest present need for potable water. I would like to see a head to head test
of them against present methods. There is a ready market for certain rare earths/metals they recover.
I hold none but am likely to buy into $CLQ as funds become available.
Arch1: ”There is a ready market for certain rare earths/metals they recover.” I have no doubt youre right but I assume the recovered metals/etc belong to the mine owner not Cleanteq (unless theres a share out deal). So my question was Whats in it for Cleanteq? The kit looks expensive….the fabrication/transportation/construction must cost plenty….its operation presumably needs manpower…the kit needs maintenance….if it breaks down, mine production grinds to a halt until parts are imported,…..Multotec wants its taste. The only thing that makes sense is that the miner risks being fined/frowned upon with the danger of having its licence revoked/sued if it dumps polluted water (good job too!), and this kit avoids that danger. But mines are not thick on the ground, so to make this viable, there must be a heavy charge one way or other thats unlikely to be met simply from the value of metals/etc that are recovered (?). Until I know the deal, the water purification looks like a novel sideline rather than an sp mover. That is, unless its stripped out and sold off as a separate biz for a good price.
Then theres the scandium. I get it that the aerospace/car industry has not employed this into their aluminum alloys in any quantity for shortage of reliable supply. Cleanteq solves that problem. But it will likely take years before its adopted as a routine component in an Airbus/Tesla etc. In the near term then, the nickel and cobalt will provide the lions share of revenue. If I remember correctly, someone said that that was all the OZ market was valuing cleanteq on.
Please dont get the idea that Im knocking this as an investment….Im long and quite heavy. But reasonable questions have to be asked. What sort of period are we looking at for a signif sp climb ?
Both the scandium and water purification parts of the business are literally impossible to predict, they are blue sky prospects in potential super high growth sectors without any kind of objective valuation. Its what makes this an exciting opportunity if you see the scandium and water potential. And yes, it could take 2-4 years for these components to get fully valuated, if the market wants to actually wait for real revenues, or it could come quicker if they start to sign contracts and the market starts to price in scandium and water potential for this company which could come anytime. But I think within 3-4 years, they are going to get significant revenues in both scandium [it makes sense there will be a market, how much, who knows, but it could be significant], and water. I don’t see the water as an insignificant side business, it seems like they have a very viable solution in a mega-growth sector. Their system is automatic and continuous, and also doesn’t use membrane filters that need to be replaced at high cost of parts and labor. Both in China and in the Middle East, standards for existing water purification are increasing, and existing water purification systems need to be upgraded. Cleanteq seems to have a cost effective solution, who knows how much competition they have in this field, who may have an even better solution, but from everything I’ve been able to gather, this is a super high potential business, they have the enviable technology that appears to be both cost effective and yet highly profitable. And the payment model, you ask about that, the company has guided that these systems would produce long term revenue based on quantity of water treated, and that once these systems are set up, they can produce these revenues for decades, and they expect “significant” revenues from this division.. If you look at the china contract, they get paid by the gallon, and there is a minimum they get paid no matter what. I’m not sure how much they make selling the actual hardware, if anything, I haven’t seen anything to guide for that. This is my #1 holding right now, the cobalt is what gives me confidence that there is a solid floor to this investment with very limited downside at my buy in price, but the scandium and water division is why I see this as a triple to quad within 3-4 years, with literally no ceiling, this could grow nicely for a long time. As far as catalysts for this year, the PFS in the 4th quarter I think will be compelling, and they will almost surely sign a cobalt/nickel binding contract before then, I think they want that to be part of the PFS, so they are financing ready. And I believe significant water contracts can come anytime, but see those accelerating next year after they have a bunch of demonstration projects up and running. This investment reminds me a lot of my 1996 qualcom investment, I see the technology, I see the market, and I just watch the story unfold. I was 3-4 years early on that one, then came the 2700% rocket ride, so I will be happily patient with this one, as long as the story holds.
Alan…CleanTeQ is on record predicting major offtake agreements THIS YEAR in cobalt and scandium.
Near term the market will react to cobalt and nickel. Scandium won’t get much credit till Airbus or Mercedes or somebody does a big offtake deal or announces a product using it. My opinion only.
Alanh…I think you are correct in that for the near term it is likely that Cleanteq will be mostly considered as a cobalt/nickel speculation. That is one reason we should be able to continue to accumulate at low prices for a while, the water thing and scandium are given little consideration, and there must be disbelieve and skepticism about the mineral recovery aspects, which are surely very complex and varied.
As far as time frames, we can only speculate, and there are many potential triggers that could really send the price moving. Here are my own guesses about potential critical events and their potential time frames. Any and all could occur.
1. Dramatic increases in cobalt and nickel prices: any time.
2. Major off-take agreements in cobalt or scandium, this year. CleanTeQ has stated they expect this. Chances are, Airbus will be first in scandium but there could be surprises. Same effect could be had by an announcement that a major is going to develop a new generation of vehicles, ground or air, using scan/alu alloys.
3. New contracts: I predict there will be several major announcements on water during the year; however implementation will take 12-24 months. We already have them working on deals Shanxi and Nanjing. I will be very surprised if there are no new announcements in China this year.
There has been no hint of it but there is gigantic potential in India, in Calcutta for example. It would not surprise to see a najor contrsct in India, say with TATA steel or some other Indian partner.
4. Completion and operation of HOYO water project: within 2 years.
4. Syerston production: 18 months
5. Announcements of new partners in distribution and closed deals for
Asia (outside of China), Africa with Multotec, or North America, Europe, or South America with new partners. These will be with first-rate, world class industrial operations. I would keep Australia for themselves if I were in their position, also possibly Mongolia and Russia.
6. Major announcements on petrochemical facilities, like with the Oman deal. Middle East is likely but the deals could come in from anywhere.
I look at what we have seen publicly as the tip of the iceberg. These guys are working like hell behind the scenes, it is obvious even from the minimalist news releases we are getting. Months and months of work were required before those announcements were made.
No one can predict the impact of these things on the stock price; but the time frame for the fundamental development of important news milestones is mostly under two years, with many possibilities within this year.
I think the Airbus thing is closer than they let on, although it will start with interior components before they start building plane fusillages from it.
Less barriers to entry for ground vehicles. Ford already uses aluminum in the F-150,
their best-selling truck.
Alanh your points are valid but you are not considering them as potential profit centers for CleanTeQ, which they will be.
When an IBM or Cray system has a problem, who gets the job to repair it ? Do you think it is done for free ?
CleanTeQ will have very profitable service agreements. You can bet on that.
Multotec will well deserve a cut. They have the contacts, expertise, infrastructure and customers in African mining. Look at their services…they specialize in helping miners solve problems and lower their costs. Perfect partner for CleanTeQ in African mining.
They just proved it by delivering the Oman contract, which in the scale of things is an hors d’oeurve.
Water softeners use ion exchange resins. They also remove ions like Au, Ag, etc. A company named Purolite has special resins for precious metals; I know because I am using them to remove gold from telluride ores. Clean TeQ is similar; the ion exchange resins can be targeted for certain metals. For water softeners, those metals would be Ca and Mg and sometimes Fe.
I think Clean TeQ is just using a bit of research that showed some of their resins are great for Sc and Co and ran with it. Very smart since no other company that I know of is doing ion exchange technology with Sc and Co. I will be going long, but Interactive Brokers is only showing me the Australian symbol, not CTEQF. I can buy either place, but for reasons HN mentioned, I prefer to use the ADR, CTEQF. Anyone else buy CTEQF with Interactive Brokers?
Summer: I called IB weeks ago and they wont list it. I bought in Oz in my UK acct.
Agree re water softener. I dont think Cleanteq has a patent on the process but they do have a fully operational unit…..Im not aware anyone else does. Clever to have done the Chinese deal coz they could easily have developed their own unit in competition.
alanh & summer Unless i am mistaken I somewhere seem to have read there is more to the water softener than resin ion exchange,,, something that lowers power requirements dramatically and involves cathodes/anodes. Also some mention of a fiber/resin unit.
Perhaps an electrolysis combination to plate the metalsulphide on a cathode for easy retrieval? That would be new and patent worthy. I remember some mention of deionized water for power plant boilers at a tenth of the power requirement of what is now used.
That as a stand alone could be worth $$$billions.
Building position in CleanTeQ.
If they have patents I wish they were a little more open in how their stuff works. I can speculate and be entirely wrong. That would not be a first.
Often, the metal extracted by the ion exchange resin is deposited using electrolysis (yes, it is plated on the cathode). Gold ions are also removed from the solution using activated carbon fibers from coconuts; then electrolysis is used. The electrolysis involves electric current and I don’t know any way to reduce what is needed; it follows Coulomb’s Law.
Perhaps they have discovered some way to remove the metals from the ion exchange resins WITHOUT using electrolysis! Have you got a link? There are ways; powdered zinc used to be used (and still is in some cases). Just perhaps they have a new, low-cost way….
BTW, I am now long CLETQ.
Dave
I can find no link that offers even a hint of how their water treatment really works. Closely held secret it seems, but they claim dramatic power reduction.
Clearly the sort of secret that they have squirreled away somewhere…..
Arch1: IMO It works exactly like a water softener (which takes out calcium) They use different sized granules for different ‘pollutants’ (metals). It requires NO electricity so long as the water is pumped through it. If Im right, theres nothing to patent.
Concerning Interactive Brokers; I also attempted to purchase CTEQ/ClQ at IB. Only CLQ and have to go through exchanging US for AUD, and holding stock in AUD . Wondering if anyone has done this and what kind of hassle is involved and or cost? I switched to IB because I saw that they dealt with Canada and other countries. I believe they won’t list CTEQ because it is on the OTC/Pink sheet board and under $5.00 a share. I found it listed in IB under one of their OTC partners.
I want to purchase , but have not got around to finding out all the details yet. Has anybody done this exchange thing? Thanks!
They have lots of of dual-listed stocks. I am familiar with mining stocks listed in Canada and the US exchanges. I haven’t talked to IB but just bought in another account that would let me do CTEQF. I rather hated to do it, because I have most of my mining holdings in IB.
CLQ.A: Yep….easy peasy. Its held in your a/c as a $OZ value. If you want you can trade $US for $OZ anytime you like….you might even make a profit if your timings good. Trading CLQ.A is cheap ($4) and easy….and far more liquid. much prefer.
I do not have all of the answers on the various streams of income. And yes, I am pretty excited about CleanTeQ. And I do not claim to have definitive information, I have only what you or anyone else can find publicly. But here are my impressions:
In the case of the done China deal for urban water treatment, they get a fee PER CUBIC METER OF WATER PROCESSED. That one is easy to understand, right ? We are talking about a utility, for crissakes. And this deal is already done, there is a BINDING CONTRACT.
Secondly, the claim is being made that the CleanTeQ method is, of itself, AN EFFICIENT AND ECONOMICALLY ADVANTAGEOUS METHOD OF PRIMARY MINING EXTRACTION.
This is what they are trying to prove with their own mine at Syerston. They will use their own method
to extract cobalt, scandium, and nickel. Forget about waste water a second. They are claiming this will be a valid primary method of extracting minerals from ore bodies. This claim is unproven as of yet, but that is why they took the bull by the horns and went after Syerston. They intend to blow up the scandium and cobalt markets with reliable, vetted supplies and LOW PRICES.
Other suggestions:
1. It is a stated objective of the company that they intend to partner, Joint Venture, or OWN profitable recovery operations. There is a wide degree of flexibility to this, and I do not think “one size will fit all” in terms of how deals are structured on recoveries. CleanTeQ will be the one in the driver’s seat because only they know the costs needed to recover whatever it is they are looking at.
Let me give a hypothetical example. Suppose company X has a big mine water waste problem, with three trace elements, two of which are real environmental problems and one which can be recovered at a good profit with CleanTeq methods. CleanTeQ could lowball the cost of installation, with the condition that they retain 100% of the recovered commodities. There are a thousand ways to cut it up, and no one knows what the real cost of recovery is or what the cost of the equipment is, except CleanTeQ.
The mines and the factories just know they have wastewater problems it to solve.
Here’s another one. Mine X produces minerals A and B, but does not go after trace metals C and D,
which are in the ore and in demand, but which the mine does not judge practical economically to extract. Cleanteq can come in and say, “Hey Mr Mine operator. You are losing
profit by throwing away C and D. Let’s go halves on a CleanTeQ circuit to recover C & D and split the proceeds for the next 25 years. Or, we’ll give our Super Special low finance deal, you get element C and we get element D”.
2. Surely they will make a profit on the manufacture, installation, upkeep and maintenance on their equipment. Remember they will have the absolute lowest cost producers making it (the Chinese). And they are the ones with the resin formulas and they designed the gear.
3. Forget about sharing mineral recovery for a second. They can go in to people with big water problems, and just charge for the water processing, AND KEEP ALL THE RECOVERIES. Why not ?
Suppose a factory or a mine wants to build but they have a big problem because the local greenies are worried about toxic gas or sludge or whatever. CleanteQ can just offer to solve their problem, without offering ANYTHING for the the recovered materials. The mine gets the permit, Cleanteq makes the money on the installation and the recoveries.
4. Water for agriculture is a problem around the world. CleanTeQ does not have to make Evian or Perrier, they just need a level of purity suitable for the end use. This is worth money. There are a lot of places around the world that need more water…oh, and by the way, it recirculates !
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One last thing. I do not know anything about CleanTeQ that you or any other interested person cannot find on publicly available sources. I may have read them more thoroughly than most, and maybe I have some imagination. But I am not a CleanTeQ guru…anyone interested in the company can learn as much about it as I know in a few hours.
Check out Friedland’s investor presentations. Check his curriculum vitae. See what his track record is in finding monster deposits of valuable minerals. Browse the CleanTeQ website. Read the press releases, and look up the Pengxin Group and Multotec websites. Look up Jiang Zhaobai. Look up Ivanhoe Capital, and I-Pulse. Look at the CleanTeQ Water website, which went live the same week as the Pengxin annoncement. Read about the potential for scan/alu alloys and the looming shortages in cobalt. Check out the size and grades of the Syerston ore deposit, and its location to vital infrastructure.
Then decide for yourself. Unfortunately I cannot answer every question an investor might have about the company, as only so much information is available.
But from what I have seen, it is good enough for me. And for the record, I am in the red on my position.
Bought at an average of 66 cents, now about 50 cents. And I must say, I am not in the least concerned about it and will be happy to buy more at current levels.
Multotec doesn’t need or want them all. Five or ten big ones in a year would be just great. And remember that Multotec knows the African market, and which mines have which problems.
Alan…shipping costs…I wouldn’t worry about it. Most of the manufacturing will likely be in China, or in a country convenient to the installation. It costs about $3000 to ship a 40′ container across the world.
You can be sure the logistics guys at CleanTeQ will figure it out.
$CTEQF…CleanteQ…as enthusiastic as I am, I do acknowledge that there are risks. In descending order of probability I consider:
Something really bad happens to Robert Friedland.
World War Three occurs and we all get blown to smithereens and our 401Ks and portfolios disappear in a toxic cloud of radioactive dust.
Globalists take over and confiscate everything of value.
The vaunted electric vehicle movement fizzles out and the environmentalists go into permanent hibernation. People stop caring about air and water pollution.
CleanTeQ is fraudulent, or claims are wildly exaggerated or false. Or just badly overstated.
A competing technology supercedes CleanTeQ methods.
So…I admit bad things could happen. There are no guarantees but I am betting on CleanTeQ. Iwas going to say it might never get off the ground…but that would not be true, because CleanTeQ is already off the ground. Soaring ? No. But off the ground. It has been launched.
$CleanTeQ…from here onwards, I will try to stick to new facts as they come to light. I have stated the bull case for CleanTeQ as strongly as I can, and I believe in the company; but I could be mistaken, the thing could be a dud, and I am not here to be a cheerleader for CleanTeQ or to persuade the skeptical. I am just calling out what I think is an insane opportunity.
The time has now come to wait for developments and the results of Friedland’s efforts to come to fruition.
We can let the results and deals speak for themselves going forward, and refer newcomers to prior posts which explain the situation as fully as possible, given what is public information. At the time of this post, CleanTeq is trading around 50 cents Australian and has a market cap of 300 million or so. We’ll see what happens.
$CTEQF – HN, you have by far done enough and just not $CTEQF. Your evaluation of the claim maps and where drilled for Juniors in AG&AU is excellant. Something a 15″ laptop wouldn’t work well for. Your posts to date concerning RFs’ brilliance in managing CTEQF has convinced me to double my position in CLQ. RF knows that the SP needs to move.
I’m going to look at $PTNUF SP is USD .071 at that SP it might be worth putting a few $$$ on the back burner. Particularly if RF already has a position and it is next door. Leslie7 posted that list of who had positions in what companies (Thank You again), I’ll have to find my notes. I bought into Leam Gold because Rob McEwen $MUX had a large position in them. $MUX bought $LEAMF last month and I did end up with more shares of $MUX.
The only thing that has been covered in detail is the science but there are enough big pockets that could buy what ever science person needed to find what’s wrong, not that there is.
Thank you again HN_!
You are very welcome, and nothing will give more satisfaction than the members of our small group profiting handsomely from these speculations. It is important to keep in mind that we could be wrong about all of this, and lose money. There are no guarantees.
Griffin, again I am flattered but be sure to check the references for yourself. See if you see the same things I do. See for yourself if what I am saying is corroborated by publications by the responsible parties. It is not my credibility which is important, it is the underlying facts of the situation, which we can approximate but not know for sure.
One has to decide for one’s self.
HN: As we all know (or should), written communication lacks accent, tone and body language, so its wide open to the readers personal/mood interpretation at the time of reading (and again on re-reading). Its been very interesting….amusing…to read your series of replies to my post as a progression. They seem to start understandably defensive, but as your testosterone levels reduced, you became far more sanguine.
Since identification, you have done a FANTASTIC job of researching Cleanteq and all that surrounds. My sincere thanks.
My post specifically referred to cleanteq but it reflected a far more general issue/confusion I have. No matter how much research one does, we will never know what insiders know….and even they get surprise attacked by some of sods laws curved balls. Consequently, we can never accurately assess a true value or risk, so one wonders why we bother our heads about it. Anyone who imagines it can be accurately assessed is really too naive to be investing….and anyone who imagines that someone elses ‘opinion’ can be taken as gospel, making them responsible needs to be taken out back and spanked. But it does beg the question, ‘When is enough research, enough?’ If one churns all the speculative info too much, you start to ‘imagine problems that wont necessarily exist or impact. So I think we need to take the Analyst route and lay out the fundamentals of an investment so that a ‘reasonable’ ‘ value can be attributed ie theres 1mill tons of whatsit down there and present value of whatsit is $75 a tonne = an MC of 40 trillion divided by N shares = sp (or whatever formula). Beyond that we should only note opportunities (water treatment) and risks (civil war). We could debate the value of these for a lifetime and no two people will ever reach agreement. So the value of these ‘extras’ should be left to the individual investor to +/- price for themselves.
Now you have chosen to write a thread (bless you). But youre in danger of falling into the same trap as KSS ie as new (lazy) people join, they ask the same questions time and again and resurrect the same ‘what if’s’. Ideally we would have some standard format spreadsheet that displays the calculable/published fundamentals, plus a list of unpriced risks and opportunities to consider, with links to thread comment. This is hard work for bio as there are soooo many to follow. But, presently, your mining threads have v few to maintain. When I think of all youve written on the Cleanteq subject, and all the repetition, it seems to me that maintaining a spreadsheet would take far less work than youre already doing. Anyway, thats just food for thought.
I have no doubt that cleanteq have fully researched the water filtration market and the charging methods open to them. The trouble is that they have not communicated them to we investors in any detail, so we cannot put even a guesstimate value on it. Should I say 10% of mines will adopt (how many mines are there?) Shall we say they will net $1mil pa profit from each, or 10k? Like the OZ investors, Im inclined to ignore it in the fundamental valuation, and leave it open to the individual to attribute their own personal fudge factor. Ditto Scandium. I agree that Airbus (whoever) may use it for internal fitments in the next couple of years to cut weight so save fuel. But Im mindful that after all the myriad testing, they installed batteries that overheated when used…….doubtless a very expensive mishap. So it will take a decade or more of testing before Scandium is used for any structural components. As Im not intending to hold CLQ.A for a decade, Im minded to ignore it, albeit I’ll be v happy if it adds anything to the sp when Airbus/Tesla place their first order.
So I will create two values 1/ fundamental and 2/ a personally assessed speculative and unquantifiable addition. As any revenue or means to calculate a value emerges from, say, water treatment, it can be moved across from one column to the other.