Scandium, Cobalt, and Water Purification: Clean Teq Holdings,Volume 2, 20182017 was a year of tremendous accomplishment for Clean Teq Holdings in every respect.
We saw remarkable achievements in mine construction, in finance, and in market development, with landmark contracts in every business segment;
We saw a complex business appear as if by magic, including business offices on four continents, and the launch of business website in the water division;
We were informed of superb existing and newly-formed strategic partnerships,
with the likes of Airbus, Peng-Xin Mining, Chinese state and power entities, Chinalco, and Multotec;
We were witness to a major off-take agreement with a leading battery manufacture;
We learned of an astute acquisition of a controlling interest in a VRB business by Mr. Friedland;
We learned of deep and valuable research and development support at prestigious universities and manufacturers;
and we became sure of unseen low-cost manufacturing contacts and alliances.
And oh-by-the-way, we got a listing on the TSX.
The company inspires confidence and optimism. Robert Friedland has a deep long-term strategy, and he knows what he is doing.
I am not sure what is more impressive: His strategic vision, or his managerial talent in executing it.
Clean Teq is a company that is worth following. It is by far my largest position.
There are a lot of companies with good concepts. But Clean Teq has a deep and brilliant strategic concept which is at the heart of major world trends; a revolutionary technology; and a management that executes flawlessly.
**
GOING FORWARD: SUITABLE TOPICS FOR THIS THREAD
1. CLEAN TEQ HOLDINGS, CLEAN TEQ WATER, and their interests, or related companies.
2. Miners and producers of COBALT, VANADIUM, SCANDIUM; also nickel, zinc, graphite, lithium, rare earths, silica, and manganese.
3. WATER PURIFICATION, especially when tied into mineral extraction therefrom.
4. “TECHNO MINERS” and other innovators in mining and material extraction
See notes below on thread and topic overlaps, which are unavoidable.
**
One year ago this week, I wrote an article on Clean Teq Holdings. It was a speculative company, but
one with a visionary and proven leader, dramatic potential in specific, attractive commodities,
innovative methods and IP for mineral extraction, and big ambitions in water purification.
Clean Teq Holdings defied easy categorization, and continues to do so.
One year later, Clean Teq has not disappointed. Clean Teq has exceeded all reasonable expectations.
**
If you need background on Clean Teq, I refer you to the predecessor of this thread: “Scandium, Cobalt,
and Water Purification: Clean Teq Holdings”, where you will also find the guidelines and rules for this
thread; and to the Clean Teq and Clean Teq Water websites, which warrant close examination.
OUR BIAS AND BASIC VIEW
This thread is for those who believe in the coming EV wave, light weighting of transport, and most importantly,
in the importance of energy storage and batteries of all scales;
and also, it is for those who believe that the disruptions caused thereby will be rapid.
Because of this opinion, it follows that the existing viable battery technologies and the materials needed
for them are important. We anticipate rapid change; we subscribe to the Tony Seba “Disruption Scenario”,
that suggests disruptiv changes are occuring faster.
If you disagree with the Disruption Scenario, or the eventual proliferation of EVs,
that is fine; but please do not debate it on this thread. The thread is for those who believe in the future of battery power,
and in the immediate opporunities in commodities related to batteries and energy storage.
We will be able to see in shortly whether we are right or wrong in this belief.
If it takes longer than we think, we will complain about ”being early.”
My perspective is for the next five years. That is “long term”. This is not a trading thread.
Occasionally short-term opportunities are appropriate to call out,
but short-term trading is not the emphasis here.
On the other hand should restrain ourselves from too much attention
to developments and materials for technologies that are likely to take longer than five years to have an impact.
We are looking for investable ideas, not 10 year forecasts on the Future of Civilization.
So let’s keep it down on hydrogen fuel cells and molten salt batteries for a couple of months.
**
NOTES ON THREAD AND TOPIC OVERLAPS
Our assumption is that Li-NCM, VRB’s, and zinc batteries are going to be the main battery formats purchased,
installed or contracted for in the near-term, hence the commodities needed for them are of interest.
New battery technologies are better discussed on the #batteries thread ,
unless they involve a vertical commodity/battery producer.
We are interested in what is going to have an impact in five years.
For example, if you are convinced that Google is about to conquer the world with a molten salt battery,
then come on over here and recommend Morton Salt as a buy-out candidate.
But debate whether molten salt batteries have a future, and when, on the #batteries thread.
News that shows increasing penetration on solar are relevant,
as they confirm the importance of large-scale energy storage.
But we would like to know who is getting the contracts and what type of battery they are using.
There is going to be some unavoidable overlap. Nickel and manganese sources are swing metals,
sometimes they may be better discussed on the Hard Asset thread as base metals.
If you make a post on the wrong thread, don’t worry too much, there are
no fines or jail time. I do it myself all the time and I understand it can be confusing.
You can also use Travis’ new cross-reference gizmo.
Long $CTEQF $CLQ Clean Teq Holdings
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.
$ECSIF – eCOBALT RAMPS UP PRE-CONSTRUCTION ACTIVITIES ATTHEIDAHO COBALT PROJECT
http://www.ecobalt.com/assets/docs/180423_eCobalt%20Progresses%20Pre-Construction%20Activities%20.pdf
ECSIF long
I love the potential for this company and love this discussion, and I might have missed it somewhere (though I try to keep up)…but does anyone have a clue as to what’s behind the blatant downward trend in Clean Teq’s price? I haven’t come across that much negative news to justify the drop. I of course know that things don’t always just go up, but what am I missing here? I know this too is a long-term venture, but is there any relief in sight?
Other than the fundraising and general sentiment about commodities, or fear that the DRC cobalt mines will expand and become more socially acceptable, I’d guess that it’s mostly boredom. Mining companies often need constant attention to surge higher. Speculators are often enthralled by exploration stories that turn raw dirt into dreams of glory, but not as excited about the actual final stages of raising funds and building and commissioning a mine. It’s entirely possible that this one will require patience over the next year or two, during which nickel and cobalt prices will loom pretty large.
Thanks for your response. You surmise everyone’s simply “bored,” but the drop has been so consistent and dramatic, I just thought there would be more.
Could be more, but with substantial fundraising and big costs ahead you probably need new investors to get excited to drive the stock higher… which probably requires stronger nickel/cobalt prices, but we’ll see. I’m waiting for the next feasibility study and resisting the knee-jerk urge to “buy the dip” right now, personally.
With Fidelity buying 6% about of CLQ about a month and a half ago at around at what would be 88cents US don’t think buying today at under 76 cents today for me is knee-jerk. I use Fidelity somewhat. They warn investors about the risk of penny stocks. Then Fidelity loads up here? https://en.wikipedia.org/wiki/AustralianSuper
They are a pension fund with around 5% holdings. I got into CLQ late when Pengxin Mining jumped in. A 16% holder they are. The word on my street is Chinese pay top dollar to get in on a winner.
I wouldn’t characterize your buy as “knee-jerk” either… just that mine would have been if I bought on temptation when the shares dipped a bit. With mining stocks I’m always very cognizant of the amount of capital I have at risk, even those that are, I think, unusually high potential like Clean TeQ — if I bought every time the price dropped to look relatively appealing, my total allocation to the stock would quickly get too large for my risk tolerance.
Travis I agree with your assessment, there are many studies that track development sentiment through the entire cycle, and we may be in a lull before the final BFS and the inevitable bad news of how the mine is financed
They just issued 136 million new shares; this is dilutive; also there are other cobalt prospectives getting mauled, it is not unique to Clean Teq.
What I have always hated about Australian companies they tend to gravitate towards a BILLION fully diluted shares outstanding. This one is quickly moving in that direction.
Yes…some of them have multi-billions, like AUZ. Tough to move the price with that many.
Being realistic about dilution and debt, it is obvious that The Big One is coming on mine finance for Sunrise. It has to be:
DEBT OR EQUITY
The feelings I get are as follows:
1, The project capex will be well over $1 billion…though there is a possibility that RF has a deal to get it for less. It will still be a large number, $800 to $1.2 billion.
2. The current dilution of $155 mil AuD will be used towards project acceleration. So the existing owner’s sunk equity, plus the current stock raise, will at least be credited towards the capex and provide some equity to justify a loan.
3. With a market cap of $700 mil, and hundred of millions on the capex already put in, I think the majority of the additional cash needed will be obtainable from bank loans and other non-dilutive
financial means. I cannot quantify figures to back this up, they are just very gross figures, plus intuition and observations of the parties involved. There is a reason RF delayed the BFS and has been making contact with Chinese conglomerates with big State and Banking connections. I’m sure RF and JZB don’t like to be diluted any more than we do.
4. More cash in could come from off-takes and streaming deals.
Of course if CLQ cannot get bank debt or other financing by non-dilutive means, then dilution and issuance of more stock is the only way that remains.But I think RF will pull off Sunrise without a lot more dilution.
For possible short-term factors I will try to post weekly market cap movements in similar Aussie developers, plus corresponding changes in nickel and cobalt prices.
I did this for last week…there was a clear correlation to nickel and cobalt spots,
with 5 of 6 stocks; the exception was COB, which has timely news.
Results – ty https://twitter.com/BigCheds/status/987865849489952768
Catalyst
$TAW asx https://twitter.com/gassin123Charts/status/988716006712295424
$AEE.asx fp – https://twitter.com/CurlewisFT/status/988382239963561984
HHDL’s advice to graduating students during the Lal Bahadur Shastri Institute of Management Convocation ceremony in New Delhi, India on April 23, 2018.
https://twitter.com/DalaiLama/status/988713439949459456
https://twitter.com/Cindy_Locher/status/988482707121410049
https://twitter.com/JeanetteEliz/status/988379522176348161
https://www.bloomberg.com/news/features/2018-04-23/china-s-carmakers-want-to-dominate-world-s-next-era-of-driving
China and automobiles…I always wondered why China, with their tremendous manufacturing capabilities, did not seriously go after the automobile business.
I am coming to the opinion that they decided to “leapfrog” the ICE technology.
Instead of being a follower in gas-engine technology, they have decided to be a leader in the EV space. Why devote resources to conventional gas cars that ensure you are dependent on foreign oil, and poison your urban populations with unbearable levels of smog ?
Similar to what they did with cell phones. Why erect telephone poles and lay cables.
Just go cellular.
Absolutely hn,
Sure these been posted –
https://www.bloomberg.com/news/features/2018-04-23/china-s-carmakers-want-to-dominate-world-s-next-era-of-driving
http://mobile.abc.net.au/news/2018-04-26/china-goes-electric-as-trade-tensions-reshape-auto-industry/9697974
They already tying it all up from the raw base ingredients to the final replication of which they can bury anyone on price. Having made products previiusly in China, price into market beats all your competition.
EV’s are basically computers with wheels especially when fully AI driven.
A water ticker to check out
I just saw this company mentioned [no opinion, no position] but those interested in water companies with contracts in hand might be interested.
“…PRNewswire/ – LiqTech International, Inc. (NYSE MKT: LIQT) LiqTech and Hunan Yonker Water Co., Ltd. (“Yonker”) have signed an equity joint venture agreement to set up a joint venture company in China relating to filtration systems based on LiqTech’s Silicon Carbide Membrane technology used in water and wastewater treatment for industrial municipal facilities.
$CBBHF, OTC ticker for Cobalt Blue Ltd, 🙂 $COB.asx wow! 🙂
$AMSLF OTC ticker for Australian Mines, Ltd., $AUZ.asx, fp.
Recent Subscriber Feedback On Trend Investing by Matt Bohlsen >
https://seekingalpha.com/instablog/37628986-matt-bohlsen/5150573-recent-subscriber-feedback-trend-investing
Not a premium subscriber to Trend Investing by Matt, yet.
#ThankYOU Matt! 🙂 #Best2ALL! 🙂
Thanks Matt,
I have been getting his free service for some time, always a good read.
Cannot find any premium service link or pricing anywhere, have you any information re this, thanks.
Best SS.
#TrendInvesting by Matt Pricing from link in article: Cancellation policy
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🙂 #Best2YOU SS! 🙂 Ben @H0U3
Thanks Matt, appreciated!
$NT I wonder how this increasing PV installation and VRB’s will affect the post 2020 Chinese plans for nuclear powered electricity generation.
https://cleantechnica.com/2018/04/24/china-installs-nearly-10-gigawatts-of-solar-in-first-quarter-up-22/
I forget how many nuclear plants are already in their pipeline, but it is a lot.
Remember the VRB plants store energy, they do not generate it. I saw a figure that storage capacity should be about 20% of total power generation capacity.
I think solar will cut into future nuclear installs…uranium is plentifull and cheap
but solar is free and the capex looks a lot lower and install is faster.
“storage capacity should be about 20% “…variable; Chinese govt guidance on storage is 10%.
Rick Rule on uranium…in the link provided by edski RR thinks there will eventually be a replay on the uranium boom…unpredictable timing, of course. I do tend to agree the odds are in favor but the time frame could be very long.
Something to track on short term moves
It is only one week, but I decided to start tracking the prices of nickel and cobalt and the market caps of other cobalt-nickel spec miners. Last week:
CLQ 720 707 -1.8%
COB 144 153 +6.3%
ARL 98 86 – 2.2%
EUC 67 61 -9.0%
PGM 28 26 -7.1%
AUZ 235 222 -5.5%
Total 1292 1255 -2.9%
Nickel $6.64 6.33 -4.7%
Cobalt $41.50 40.26 -3.0%
To me it shows a correlation between short-term nickel and cobalt prices, and it shows that comparatively speaking CLQ held up (though COB excelled on news).
Interestingly this post caused me to draw a temporary suspension on an investment forum, and the post drew no attention from the readership…all the comments afterwards were about technical aspects or other irrelevant issues.
Granted it is only one week, but I think these factors must be looked at if one wants to find explanations for short-term stock price movements.
I will do this “index” once a week for a while. It seems more fruitful than speculating about the actions and motives of other investors.
The SP most of the time always falls to PP price. And as you point out other miners in our field have also been taking a hit. I was buying Friday. Around 10 cents lower then Fidelity paid. I love it. I used Fidelity for that buy. Called Fidelity International up to see if they could give the amount of shares at the ask. Told the guy on the phone that Fidelity was in on the PP and he knew nothing about that or Clean TeQ.
If he is smart he will take a look. Anyway like these tweets….
https://twitter.com/i/web/status/989716368785227777
The figures are just for one week, obviously news and sentiment can drive an individual spec stock around like a chime in a brisk breeze. But I think it might help our emotions to keep track of the underlying commodities and a broader look at other comparable companies (Australian ni-co developers).
Funny, these figures got two comments from the few readers here (30 ? 50?)
and no reaction at all from Hot Copper, where there are hundreds and thousands of views.
Sama Resources…long $LNZCF…..RF, HPX, and African nickel-cobalt
Here’s one under the radar. high Powered Exploration (=RF) put a whole bunch of serious money into Sama Resources this month for a 60% buy-in right on the Cote d’Ivoire nickel-cobalt project. Also remember that Sama owns 44% of SRG and their big graphite flake project.
http://samaresources.com/news/sama-resources-inc-announces-closing-of-strategic-investment-with-high-power-exploration-inc-to-develop-the-cote-divoire-nickel-copper-and-cobalt-project/
Honestly at the current market cap I have to consider adding to my position, as speculative and as early stage as the company is.
Sama Resources $LNZCF otc… long…( SME tsx-v)
While I have cooled on most exploration plays I have kept my position in Sama Resources. It has not been a “front-of-mind” position like Clean Teq and Ivanhoe Mines; but further checking is very positive, and I am inclined to build a larger position.
Before talking geology and targets, let me just outline a few important matters
concerning the stock and the parties involved.
–First, Sama owns 40% of another explorer, SRG. SRG is on the TSX.
–Market cap of Sama is about 70 million; SRG is about 100 mil.
Sama stock is 30+cents USD; SRG about 1.65.
–RF is involved. HPX just committed $20 mil Canadian for work up to a BFS on Sama’s Samapleu deposit, a multi-metal ni-co deposit.
–SRG just got a new CEO. The old one, Mr. Audet, “stepped down” so he can focus on his “other” job…President of Sama !
–Guess who owns 12%: China Minmetals. Ring a bell ?
***
The Sama claims are in the Ivory Coast. The SRG claims are nearby, but over the national borders of Ivory Coast and Guinea. So together, the Sama-SRG claims are the making of a base metal district. They are in different countries but very close to each other.
TARGETS The Sama targets are nickel, cobalt, copper, palladium (Samapleu). The SRG targets are flake graphite (“Lola”), plus nickel & cobalt on another deposit near the border.
DEPOSITS. There is no doubt in my mind that the SRG graphite deposit is large, high grade, and going to be developed. The deposit is 8.7 km long and very high grade. So Sama’s 40% interest in SRG forms a very strong valuation asset that greatly reduces the risk in putting money into it.
The nickel and cobalt situation is more prospective but very interesting.
For one thing, the Sama and SRG deposits, while nearby, are different: one is sulfide, one is laterite. The grade reports from drilling are apparently somewhat analogous to GGI/MTS, meaning they indicate that a large bonanza is possibly present, but they have not found it. So to this extent both are exploration plays.
But remember that Sama has 40% of SRG…so Sama could appreciate without finding ANYTHING, if the SRG develops the graphite resource.
SUMMARY.
TARGETS: the best. All battery/electrical: nickel, cobalt, graphite, copper, palladium
MANAGEMENT: : We have the best, and he is taking action. Money in.
ACTION: things are happening, they are doing NI043, BFS, etc.
BACKING: See management; also China Minmetals is in for a big share.
Not to worry. Also Sprott is in for 1.5%.
DEPOSIT/DISCOVERY RISK: Some, on the nickel-cobalt.
But the graphite is there 100%.
FINANCE/DEVELOPMENT; Considering the backers and holders, zero.
JURISDICTION: not that familiar with Ivory Coast and Guinea…
but how bad can it be ?
VALUE: when you back out the SRG value, you are getting Sama for peanuts.
The upside is a base metal district.
One more speculation on the grades and deposit risk. I suspect that this district is
already deemed viable on size and grade, because even if they don’t hit the mother lode in nickel-cobalt, the low costs of CLQ’s ion technology may make lower grades viable. So I see CLQ getting involved here at some point.
After RF takes care of the Chinese vanadium sources. I am persuaded that Chinese vanadium is the immediate next priority…after ni-co and scandium at Sunrise.
Nice writing there, HN . Well thought out.
Robert Friedland Inc….For better a understanding of the situation and context of
Clean Teq, the link below to RF’s private Ivanhoe Capital is worth a look.
https://www.ivanhoecapital.com/
“I have been in this industry some time, have seen multiple cycles, and where we are positioned now, I think we are going to see a very exciting future for the company,” says Broken Hill’s MD: http://ow.ly/H4sq30jJyll #ASX $BPL $COB #cobalt #mineralsands #investors
CTEQF – long…trading at .65 this am…WOW how low is this going. I hold a huge position and and is now underwater…6 months ago this was trading over $1.30… Not liking this!!
$CTEQF I too hold a large position. But, when I see the price drop, I ask myself, “Has anything materially changed with the company?”. And my re-eval has, so far, always shown it has only grown more positive. I too would prefer the price moving the other way. Have you read Ssecret Squirrel’s most recent post?
Having a hard time watching the Aussie market every night. Been buying more at these lower prices. Better prices then Fidelity loaded up at. I think CLean Teq is working it’s butt off to get this mine up and running ASAP. Can’t see Fidelity buying in that big on a penny stock. We are holding something real good IMHO.
rubberworm, I think you make excellent points.
Jerome, I forgot to add that HN and a couple of others have pointed out that the market is soaking up (dealing with) the overflow of new shares. It is hard to say when that will be complete. It is very hard to resist nibbling at these low prices.!
Thanks guys, I’m not concerned about the company or mgmt, just concerning how this keeps dropping, not in a position to add otherwise would prob do so..
I one has free cash and can stay short of a position size that distresses when it goes down, why resist nibbling ?
Ivanhoe Capital, Clean Teq, Pu Neng, Ionic Industries, HPX
and Sparton Resources…”A Robert Friedland Hairball”
With recent declines in my positions, I have become less active in finding new positions, and have tended to spend time re-evaluating the long-term prospects of my existing investments, rather than looking for new ones.
Since I have a long-term horizon (2-5 years), as long as I find the companies to have the same fundamentals in place, I can remain fairly confident and simply wait for developments. I watch and research them closely to make sure I do not miss something new on their fundamentals that invalidates my original thesis about them.
A lot of my investment capital is in companies directly managed by Robert Friedland. I think one can say without serious challenge that Mr. Friedland is the most successful and creative explorer, developer and miner the world has ever seen.
His vision, management ability, focus on technology, and leadership have resulted in phenomenal results, and his current activity is well worth following.
I daresay he is a practical genius.
Most of RF’s companies are privately held and cannot be targets of retail investments by people like me. Accordingly I felt that “going upstream” on research into Friedland and his companies might provide insight into his direction, and give clues as to the direction that Friedland is headed.
If you are interested, here is a brief outline of my internet surfing expedition on Robert Friedland and the corporate clues I have deduced from them.
IVANHOE CAPITAL (not Ivanhoe Mines)…the http://www.ivanhoecapital.com
This is the corporate brain of RF. When RF talks to high-level Chinese State entities, he does so from the position of Ivanhoe Capital, so we don’t see the news releases because they are not release from Ivanhoe Mines or Clean Teq.
Ivanhoe Capital lists about a dozen companies, of which only CLQ and Ivan are conventionally “investable”, and which have been, and continue to be, subjects of rather exhaustive research and discussion on these threads.
The others are quite varied: they are mostly technology companies, such as HPX and I-pulse; an energy company (Pu Neng); a data company that manages and models geological data; an exploration company (Kaizen Discovery).
I-PULSE and HPX Of Ivanhoe Capital’s private companies, the key one appears to be I-Pulse, then HPX,. HPX has exploration and detection technology and actually makes investments in miners and projects.
IVN and CLQ The public companies Ivanhoe Mines and Clean Teq Holdings have been subjects of intense discussion on these threads. They are of great importance, not only because they have tangible mining assets, but mostly because we can invest in them.
Clean Teq appears to be the mining vehicle by which all of the allied high tech capabilities of Ivanhoe Capital will be manifested in mining and water processing.
Clean Teq is where someone like me can invest in Robert Friedland.
Long Clean Teq.
PU NENG…and VANADIUM…Pu Neng is only one of the other companies, but I consider it to be the most interesting from the standpoint of new implications for investments. (If inclined, one could go after exploration with Kaizen or Fjordland or Cordoba…like I did, unsuccessfully.)
But Pu Neng is not an explorer. IT IS A VRB BATTERY MANUFACTURER.
But if you have interest in grid and battery investments, Pu Neng is what you would like to have. It is in China, it is a world leader in vanadium redox manufacturing. It is proven to China and has major contracts in hand. Pu Neng is positioned to play a major role in Chinese grid infrastucture.
Now I have a speculation in Sparton Industries, which controls about 18% of Pu Neng. The opportunity to invest in Pu Neng via Sparton is kind of an accident, and for certain reasons discussed elsewhere I am reluctant to “recommend” Sparton,
while disclosing that I have a position it.
What I find interesting about Pu Neng, and what stimulated me to write this post,
are a few new circumstantial clues I have gleaned from the Pu Neng and CLQ websites, and other anecdotal sources.
1. VANADIUM…I am of the opinion that Pu Neng will soon close a deal for vanadium sourced from Chinese geology or coal/coke industrials. Naturally I expect that Sparton or another Friedland company will be involved, and that Clean Teq will be the miner.
2. PU NENG BACKING…Pu Neng is a VRB manufacturer. Question:
Why would a geology exploration technology company be a major backer of a battery manufacturer like Pu Neng ?
Yet in the Pu Neng website, we find this to be the case: HPX has put in over $90 million into Pu Neng. Pu Neng needs vanadium. HPX is not a miner. HPX might find vanadium for somebody, but they are not going to mine it or produce it.
So when HPX finds it, who is going to actually produce the stuff from rocks ?
What do you think ?
3. SCANDIUM…we have noted the potential for scandium-aluminum alloys in aerospace and transport. Everything still good on that.
But I noticed on the CLQ website, that they include copy now on use of scandium in SOLID STATE BATTERY TECHNOLOGY. This is very advanced technology currently utilized only by one private company (Bloom Energy). The fact that CLQ mentions this in print leads me to speculate that a major new initiative will be announced by CLQ at some point in the near future, concerning solid state scandium batteries.
4. IONIC INDUSTRIES…this is an Australian R&D company developing graphite and graphene filtration technology. It has a nano-cap of$ 20 or 30 million, and like Sparton I cannot “recommend” it… it is extremely risky and not a stock available on
regular exchanges. But Ionic has an agreement with CLQ for a potential JV whereby Ionic’s applied technology will be incorporated in commecial water processes by CLQ. The targets are enormously large.
As you can see, Clean Teq’s number keeps coming up in interesting places.
The more I dig, the more I find interesting metals and nuggets buried in websites and news releases.
Clean Teq’s stock price is 50% off from it’s recent highs.
One can look at that as an opportunity, or a bump in the road, or a short-term investment disaster. Or all three.
Take your pick.
“2. PU NENG BACKING…Pu Neng is a VRB manufacturer.
Question: Why would a geology exploration technology company be a major backer of a battery manufacturer like Pu Neng ?”
Elementary, my dear Watson. T
This is the same clue that was highlighted by the fact that Mr. Eric Finlayson was the senior exec at Pu Neng.
Finlayson is a geologist. He is also on the Board at CLQ. So, another question:
Why would a tech company like Pu Neng have a geologist as the top executive ?
**
I predict that CLQ will be the world’s largest supplier of VANADIUM
within four years. I predict a development announcement this year, one year of prep, and two years to build and commission. At the outside.
Robert Friedland controls both ends of the supply chain and has a contract.
There will be lots more contracts.
**
Hey, this website is “STOCK GUMSHOE”. Gotta look at all the clues.
“I predict that CLQ will be the world’s largest supplier of VANADIUM
within four years. I predict a development announcement this year, one year of prep, and two years to build and commission. At the outside. ” That would be a killer for sure $$$. But why CLQ. CLQ does have the tech to get Vanadium from fly ash. Is that what you are thinking? Btw I was scared to look but right now Aussie market up 6 cents.
Squirrel, it is not a sure thing, but it is highly likely that CLQ would get the deal, for the following reasons:
1. Their extraction methods are proven and are likely to be superior cost-wise to any other process.
2. Pu Neng is not a miner. They do not want to be a miner. So why is a CLQ director who is a geologist also the CEO of Pu Neng ?
3. Friedland is in control of Pu Neng, and CLQ. You have to persuade me that RF would go elsewhere, not the other way around.
Why would RF be motivated to put mining profits somewhere else, when Pu Neng is the customer for the vanadium ?
4. HPX has put in $90 million into Pu Neng. HPX is not a miner either. In the RF stable of companies, Clean Teq and Ivanhoe Mines are the MINERS, and it is clear that of the two, CLQ is the logical choice. Ivanhoe has other fish to fry.
RF is talking up vanadium in different interviews. Why on earth would he do this, when he does not have a mine that produces vanadium ?
Why would he stimulate interest in vanadium and create competition for it, when he needs vanadium himself for Pu Neng ?
http://www.baystreet.ca/stockstowatch/3648/Vanadium-Could-End-Up-Taking-A-Lead-in-Energy-Storage-for-Grid-Connected-Applications
CLQ…short term price action…it is hard not to be affected emotionally by negative short-term price action, but I suggest that the first thing to check out is how CLQ is doing in relationship to other spec miners in the same space over different time frames. Also check nickel and cobalt prices bear checking. I will try to do peer comparisons and commodity price checks at the end of every week.
Second, the major fundamentals to watch for that could really invalidate the long-term thinking about the position are:
1. Long term secular price drops in nickel and cobalt (possible)
2. Major improvement in cobalt supply prospects out of DRC (will happen eventually, but with unpredictable time frames)
3. Unsurmountable technical problems with Clean iX recovery process at scale (unlikely)
4. A disappointing BFS (we’ll know in 90 days, could be a catalyst)
Clean Teq has never been presented as a short-term trading opportunity.
In my opinion the best thing to do is to have a position that you can comfortably live with until tproduction is achieved in 30 months or so, barring a major setback on the ground between now and then. One has to withstand the ups and downs in the meantime.
Thanks HN. I used to have a position and then sold out too early. I have just bought in again. Based on my assessment of TA I only see another 5% downside from here unless there is something seriously wrong. My position is small enough that I will not worry about it going down further but just large enough so that if it does make a sustained advance I will be very happy.
Thanks for putting in so much time to identify the opportunities.
keen1991…you are welcome. As long as Clean Teq fulfills a good portion of its potential, the effort will be worth it.
Something good out of Ivanhoe, Ionic, and Sparton would be nice, too.
…and Sama LNZCF.
HN! Do you sleep well at night? Take cat naps during the day? And the obvious question….Do you dream CLQ when you sleep? I see you having conversations with Friedland over all of it. I wonder if he feels you tugging at his shirt sleeve when HE sleeps!
Thank you for your efforts and knowledge and keeping everything tied together. Pace yourself and don’t go crazy on us!
Edski – ditto to that. HN you have single handedly convinced me to find the funds and add to my OW position 🙂 Thx for all you do!!
jerome50…things could go wrong, no matter how convinced we are.
Be careful and be able to live with the results, good or bad.
As much conviction as I have, I still have a position size that I can live with when things go against me.
it’s OW, but if things went south I would be pissed but it wouldn’t change my life..
Arth OW went south on me ( didnt change my life) but I’m still convinced it’s a great product and will eventually make me a nice profit, much the same as clean teq – doesn’t seem to have a lot more downside with the mgmt and where things are at…but yes agree about position sizing.. Thx for being Mr. Relentless when it comes to sharing information..
Thanks, edski.
I am not a workaholic, studying, researching, learning, and thinking are all fun for me,
and the investment universe that gets my attention is pretty narrow.
I have a lot of other interests besides battery metal miners and developers.
Just an information update here. I read somewhere here that Sama has a 40% interest in SRG Graphite, but as of March 31st, 2018, that is down to 37% per presentation on SRG website. Also, remember, they are due to publish a DRA on their graphite resource in June.
They also just announced a capital raise at $1.5 and the stock closed yesterday at $1.74 so there will probably be a nice buying opportunity today. It’s Canadian and I am not able to purchase the stock or else I might be interested.
Might also negatively effect Sama a tad bit? Not sure.
SRG.V (np)
[Sorry if this should be posted on the gold thread. Wasn’t sure as it is mentioned on both threads.]
Niiz…Sama has a cap 60-70 mil, SRG is bigger; but these are still small companies with no sales and earnings. They spend cash to explore and develop, and can have a lot of ups and downs and dilutions etc along the way. That’s the way they are.
Ivanhoe looks as though it wants to reach its 200 w sma. That would be a great place to buy/add,imo.
Here is something very likely to have an impact on #CLQ
http://www.bbc.com/news/uk-wales-43961898
This seems to be a way to make metals precipitate from water using electric pressure to cause clumping. Something entirely different than the CleanTeQ process.
It could thus pose competition.
It seems to me to be possible to use the new technology which results in a sludge to further process ,,,
that #CLQ could be used for the processing to get usable metal.
Really too soon to tell and finding info is difficult so far.
From the comment section of that article:
The company is actually KP2M Ltd. It has applied for various patents but nothing has been granted yet. The “worldwide patent” is a PCT application (not granted) with a preliminary report that all claims lack novelty or inventive step, but amendments and arguments filed at the EPO on 30 April (last Monday) suggest that something is patentable. It took a bit of research to find this all out.
These initial rejections are a matter of course. It is exceedingly rare to get a patent allowed on the application alone. It happens, just not often.
It would be GREAT for Clean Teq if this was successful
because:
“The metallic sludge which sinks to the bottom of the tank can then also be removed safely. In future it is hoped the sludge could potentially be sold and the metals extracted and re-used. ”
In other words, the process cleans the water but does not extract re-useable metals.
Widespread use of the process would provide materials for Clean Teq to extract valuable minerals from.
This also means that CLQ will haave a net cost advantage because the process you highlight does not have the income from the recovered metals.
$PIRS > Form 4 https://ir.pieris.com/all-sec-filings/content/0000947871-18-000372/form4.html
Excellent News! CleanTeq Sunrise Project Update. Let’s hope this is the beginning of a stream of catalysts and a definitive turn around in the stock price.
http://clients3.weblink.com.au/pdf/CLQ/01978222.pdf
• Definitive Feasibility Study (DFS) for Clean TeQ Sunrise Project remains on track for delivery in June 2018
• Targeting substantially increased metal production over the first 10 years (compared to 2016 Pre-Feasibility Study and NI 43-101 Technical Report1)
• Nameplate refinery capacity increased substantially to 7ktpa cobalt and 25ktpa nickel to maximise production optionality
• Higher revenue from increased metal production and stronger price outlook is expected to offset any larger investment in capacity
• Early works program underway preparing for the installation of water pipeline, power infrastructure and construction camp
• Strong ongoing engagement with government and community stakeholders
https://twitter.com/Cdchi1/status/991478724552941568/photo/1
Here is CleanTeQ’s latest Company Presentation, prepared for the Macquarie Australia Conference, May 2018, and building upon their January presentation.
http://www.cleanteq.com/wp-content/uploads/2018/05/Clean-TeQ-Macquarie-Conference-Presentation.pdf
Describing CleanTeQ Sunrise and CleanTeQ Water; emphasizing Cobalt, Nickel, AND Scandium; China leading the EV race; the attractiveness of having Australian resources; CleanTeQ’s high Cobalt grades; low-risk mining; Clean IX Processing; accelerated site development; project financing; and off-take strategy. A very upbeat and impressive report.
Long $CTEQF