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.
I really like HN was it him that brought up SAMA? Perhaps he is at the party at end of this. Oh I like Sama myself.
https://www.youtube.com/watch?v=pbjY1ZkXcqM
HN is a front runner – only posts when the stock is doing well. But will come back and try and collect accolades when it booms (which is not too far away).
Your opinion has no merit Guest.
Running scared. Will show up when it runs hard.
Ok, so give us specifics on where he mislead us….or are you just monosyllabic noise?
John: Thank you for your toxic, constipated opinion…..it saves me from even having to consider anything else you write.
HN is right. 100% right in fact. CLQ will make it however, I’m also right in saying HN is a front runner and will only show up again when CLQ is running hard.
John; nothing could be further from the truth. HN is not a front runner. He is genuinely concerned about the paper losses his followers may have suffered. He put his heart and soul into this thread with unbelievable research. Most of the Australian miners have taken a big negative hit this year.
He should come back. No one can blame him for paper losses and he should’nt need to hide. I’m a fan of his, just disappointed he has vanished.
As I’ve said he is spot on re CLQ.
Patience will be rewarded.
Let me put it this way sarahh. yourve bought CLQ for a trade. you have no idea what you have bought – it’s a life changer.
Just have a little patience.
John: Im now completely confused. You appear to have changed your tune and be saying that you have faith in CLQ’s as an investment that will eventually pay back handsomely, and HN is to be congratulated for spotting it and following the paper trail clues. But theres still a hint that youre concealing something behind your cloak of anonymity that implies ‘I know something you don’t know….nudge nudge wink wink’, While you show as a ‘Guest’ in reality you must have been following here for some while to have read HN’s past musings.
But why you ever started with what most people would consider a personal attack on HN for being a front runner, is still a mystery to me.
I like to think that HN is an avid amateur sleuth who put many many hours into his research and shared it all FOR THIS TEAMS INTEREST. Certainly I never paid him a penny for the countless hours he spent trawling through the small print and chasing down obscure links and clues. But despite his best efforts, Mr Market took a different of-the-moment view, so gave him a (temporary I hope) bloody nose. In his place Id have slunk away too in frustration. To have seemingly got it so wrong after all that effort, must have been a bitter blow; plus there was a genuine risk that by continuing to write positively, his personal enthusiasm could lead others into taking too much risk (remember; ONLY I sign my cheques, so ultimately any investment is 100% my personal responsibility).
You cant really win when blogging. Either you risk being called a front running fair weather friend if you only comment when there’s good news, or a pumper if you continue to support that same stock in spite of some obviously bad news. The balance is hard to find especially when you have skin in the game. No one can definitively foretell the future; the best we can do is review our research and reassess the odds. But the truth here is there has been no REALLY bad news. What happened was there was/is some uncertainty about who will fund the mine and at what cost to the investors ….and if there’s one thing that Mr Market hates, its uncertainty. But I certainly dont think there has been one iota of deliberate pumping gone on on this thread…….over exuberance maybe (and I aim to learn from that), but as none of us have a seat on the CLQ board, the best we amateurs can do is sift the clues to second guess their next move to improve our odds,
I sincerely believe HN is still personally convinced that CLQ will become a pot of gold one day. I believe he feels he has already made his case crystal clear, many times over and there’s really nothing else of substance to add. From here its just a waiting game.When there is something new, HN will return and I for one will greet him warmly. If that’s front running, then it works for me.
Returning to your status ‘John’: Rather than tease us, why not come out and share what you know in plain English…..even if its only speculation you will gain respect. Teasing is just vexatious to the spirit. And (apparently) attacking a decent bloke is unacceptable. As Ive said to others, if you’re not prepared (or able) to take part in this teams efforts, please go back to the shadows and share your pearls of wisdom with the dog.
Calling HN a front runner is wrong. He was commenting every day for well over a year and a half, up or down, with barely a single day break. But I wouldn’t expect to ever see him post here again. I doubt he even reads anything posted here. He used to respond to pretty much every post. It isn’t like he said good bye. Or I need a break, I’ll be back when things look up. It isn’t like when some very relevant news comes out, he makes a temporary reappearance. And it isn’t like he’s been gone for just a 2 week vacation, its been much longer. I rather not project what happened to him, though I have my thoughts. But his not letting us know says to me, I won’t be back. There’s a lot of people here who were like his investment community, who care about him, if he was coming back, he’d let us know what’s going on with him. I could be wrong.
Funding won’t be a problem. CLQ are in the box seat.
John: I agree that getting funding per se wont be a problem…..China already has both its feet planted squarely inside CLQ’s door. But RF will obviously want to keep them sweet to progress his other less developed (private) investment opportunities…..remember that China is a central decision making state. If RF tries to play hardball by looking further afield , they might get miffed and slap his other wrist. The question is, just how ‘sweet’ will he need to make the deal, and at what cost to the existing shareholders/SP who are only invested in CLQ, whereas you need to aggregate RF’s overall interests. My guess is that CLQ will settle for the set cobalt/nickle market price (which will shield China into the future if battery tech moves away from cobalt/nickle) but they will demand a high price for the the Metallurgical Corporation of China deal (presently unquantified) and other mine development charges/interest rates that will remain consistent irrespective of the metals price or CLQ’s profitability. Im sure this info is precisely what Mr Market is waiting on so they can cost the project into the future and establish a realistic SP. The move after that will come shortly before some initial revenue figures are published…..this sort of info tends to ‘leak’ out to the big players prior to official announcements. I think CLQ is in the final stages of its speculation phase. From here its all about the numbers. Im hoping Renby (or other number crunchers) will help us thru this.
Very long CLQ and presently underwater. But im not at all worried coz the metal is down there and it Will surface sooner or later at a better price than $0.51….just another 10cents and Im back in profit.
Someone is going to take a decent slice to get it going (upfront). Beijing Easpring or MCC take your pick. From what I have heard they are choosing who they want to partner with, not the other way around. Same regarding debt package. CLQ doing the dictating.
This shouldn’t suprise.
http://clients3.weblink.com.au/pdf/CLQ/02014093.pdf
We’re pleased to announce we’ve exercised our option to acquire 100% interest in the Flemington http://bit.ly/AUZ66 #cobalt #nickel #scandium project from @Jervois_Mining. $AUZ #AusBiz #BatteryMetals #ASX
https://twitter.com/AUZMines/status/1033921925838458885 🙂 Best 🙂
$CLQ $CTEQF Long
My Resident Metallurgist is currently in Ottawa, Ontario, at a conference of some 700 metallurgists from all over the world. Today he attended a session given by CleanTeQ concerning their nickel-cobalt project. When he gets the proceedings from the conference, he’ll pass on the relevant section.
$CLQ $CTEQF long small position
Dunnydame, would love to hear of the relevant section 🙂
i’m not too familiar with all the details of CleanTeq yet, but as i went through their Annual report (thank you kindly @rubberworm for posting the link) i couldn’t find anything too disturbing.
for example this “Compared to the 2016 Pre‐feasibility Study and the Sunrise Nickel Cobalt Project, New South Wales, Australia NI 43‐101 Technical Report completed in 2017, the total capital cost estimate for the Project has increased” is something we already knew, right(?)
i was wondering, though, how many capital raising rounds we’ll see before the Sunrise project is ready to launch? apologies if we have discussed about this earlier.
yours, Finn
$CLQ $CTEQF long small position also
Finn, I’ll get my Resident Metallurgist’s report to us as soon as possible – he doesn’t get back until tomorrow night. His short comment was that it appeared that everything is ready to go for the project; nothing left to do.
This conference is a big event. If something evil should befall the participants, it would impact mineral production all over the world. (At least that’s the level of importance he’d like to think they all have!)
Penny
$CLQ $CTEQF long small position
wow, Dunnydame, that would be awesome! thank you in advance insider, or at least close proximity, information is always appreciated
If that really is true, as we all hope, that they really are ready to begin with the Sunrise project, then investors will probably turn their attentions to smaller details. And events like Griffin and Secretsquirrel posted below.
I’ve got a history of burning my finger tips on mining operations stocks but decided to give them one more chance with CLQ. i don’t care about commodity prices fluctuations, that’s irrelevant, especially if the projected mining runway is 40+ years. i care about the integrity and honesty of CEO and board.
so far CLQ has on one minus in my notes, and that’s the misprojected cost of Sunrise. I’m okay with that as long as it means better mining efficiency and more minerals from the ground.
I watched closely the rise and fall of Talvivaara nickel mining company based in Sotkamo, Finland how at first they were very optimistic about initiating the mining operation with technique that worked in paper but was never put to use due to various nature related etc reasons. It was almost like carnival atmosphere. Later the optimism evaporated into thin air when they realised why they were warned about the technique but yet they kept telling investors false or at least near truths what’s actually happening at the mining site. eventually there was an environmental catastrophe too and the CEO was charged, trialed and found quilty of many things including misleading investors if i recall right.
details matter in this business too.
$CLQ $CTEQF long small position
Hi Finn,
Out of curiosity I’ll ask my Resident Metallurgist what he knows about Talvivaara nickel mining co. and the process they were using, or trying to use, at the Sotkamo project. He has quite a bit of experience in nickel metallurgy, having worked with Western Mining’s Kambalda nickel mine and with their refinery in Kwinana, Western Australia.
Actually, I just read a Wikipedia article about the Talvivaara environmental disaster. What a mess! I guess bioleaching wasn’t the right way to go there. Might have worked better in a drier climate like Australia’s. I can see why you are wary of other projects.
If I’d known there was going to be a session presentation by CleanTeQ at the conference, I’d have had the Gummies provide a list of questions for the Resident Metallurgist to ask, though they’d have needed to be about the metallurgy of the project.
Penny
$CLQ $CTEQF long small position
Penny,
please feel free to dig into the multicatastrophe of Talvivaara as deep as you want, it’s a very good lesson/study for anybody wanting to operate, invest or any other way get involved in mining business.
Finnish consumer investors lost vast amounts of money buying into the stock and CEOs lies of progress in mining site. the very rare and fine environment of Sotkamo is totally polluted for many centuries to come, and eventually even after Finnish government taking over and pumping more tax payers money into it they decided to shut it down. Nobody knows what’s happening there now. Except that it’s not Talvivaara cleaning up the mess. therefore for Finland it has been more than a lesson
so you’re absolutely right Penny, bioleaching is definitely NOT the way to extract minerals in Finland where temperature drops way below zero celsius especially as north as Sotkamo.
i’m encouraged by Clean Teq’s seemly humble and pure desire to process their wastes etc with their own proprietary technique and not leaving anything behind to the site, wanting to participate community and not only benefit out of it, paying taxes and doing everything else too ethically right meanwhile providing for stakeholders. these are all, of course, assumptions, but they are more valid ones that i’ve seen in awhile when skimming through potential investing opportunities in mining sector.
and yes, emphasis on i do want my share of profits too 🙂
your sincerely, Finn
$CTEQF – Metallurgical Corporation of China Ltd (MCC) selected as a key project delivery partner for Clean TeQ Sunrise
https://mailchi.mp/cleanteq/mcc-appointed-as-key-project-partner-for-clean-teq-sunrise?e=f149c30529
CTEQF long
Great news!
https://en.m.wikipedia.org/wiki/China_Metallurgical_Group_Corporation
https://en.m.wikipedia.org/wiki/China_Minmetals
China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc, and nickel.
https://en.m.wikipedia.org/wiki/State-owned_Assets_Supervision_and_Administration_Commission
Long $CLQ
“Heads of Agreement with MCC for a fixed-price EPC contract covering detailed engineering and on-site construction of Clean TeQ Sunrise
Delivery of the EPC contract will reduce financial and project execution risk
Front-end-engineering and design (FEED) planned to commence in 4Q 2018
EPC proposal includes a detailed capital cost estimate similar to the Definitive Feasibility Study
MCC brings deep experience in nickel/cobalt project development and operations, and their investment in battery raw material production”
– Fixed price
– Reduce financial and project execution risk
– Detailed capital cost similar to the DFS
– A lot of experience
wow, very good news indeed! doesn’t this lower the risk of CLQ substantially?
yours, Finn
Thanks, Lulu !
Hi Lulu.
I have totally immersed in research on the U.S. political situation for the last 30 days…literally doing research day and night..
I apologize to my friends at Stock Gumshoe, but I was really alarmed by events and have been doing everything I can to understand what is going on in our country.
I feel greatly relieved, and feel I can get back to normal soon.
None of my holdings have changed since I last posted.
Kind regards to everyone.
Good to hear from you my friend and “family member”.
But I have to ask, can’t you immerse yourself into something that can easily be understood???
I totally agree with you HN on the political situation, but I don’t know that there is anything that can be done other than VOTE. Welcome back, Larry
Yay! But perhaps you could leave us a forwarding address if theres a next time. 🙂
Welcome back mate.
The future of the USA might be an appropriate subject as we await a surge in Cleanteq. I would be interested to learn your most compelling research. I have been influenced recently by two books: Tailspin and America: The Farewell Tour
Well, hn, whatever did you discover from your extensive research that made you feel relieved? Without getting into politics, is there some event/events that reassured you? I’m afraid that I might have not felt better after doing research; I’m alarmed enough as it is.
Penny
PS Good to see you back, but don’t forget to sign into your account instead of being a guest, so that you can increase your tally of those TUs (TsU?). 🙂
The more I read the more worried I am….the office of the Presidency and the democratic process is at risk and I am, quite frankly, terrified!
mary et al: FYI
There is currently a Religion / Political thread available for such comments and questions:
https://www.stockgumshoe.com/2018/02/microblog-club-house-for-politics-religion-etc-volume-8/#comment-4986218
Please help the board remain civil no matter what thread you write on. Politics plays a part in anything, but the sight was started to keep all other sights as nonpolitical as can be, given the tense state of today.
Thanks for understanding and have a good day.
Mary, I’ve replied to your post at
https://www.stockgumshoe.com/2018/02/microblog-club-house-for-politics-religion-etc-volume-8/comment-page-3/#comment-4987910 .
Welcome back Sir H temporarily or otherwise…..
None of my holdings have changed as well!
Best as always, SS.
Welcome back HN
We missed you, Big time
The Telegraph is the UK’s number one serious broad sheet, the voice of the Conservative Party business establishment and government.
https://www.telegraph.co.uk/business/2018/09/01/charge-electric-car-brigade-will-costly2/
The charge of the electric car brigade will be costly for some
Electric cars are one of the greatest commercial opportunities of the next two decades
Matthew Lynn 1 SEPTEMBER 2018 • 7:00 PM
There is probably not much that most of the world’s richest men and biggest companies can agree on. Not climate change, or Brexit, or trade, and probably not even the impact of artificial intelligence or robotics on the 21st-century economy.
But there is one thing that seems to unite the likes of Apple, the world’s biggest company; Sir James Dyson, with a net worth of more than $5bn (£3.8bn); Elon Musk, worth $20bn; as well as the world’s major venture capital funds.
Electric cars are one of the greatest commercial opportunities of the next two decades.
Money is pouring into the emerging industry at an escalating rate. True, battery powered vehicles are cleaner and getting cheaper, and the demand will be there. The trouble is, the market is set to become brutally crowded and the technology is changing rapidly. One or two companies will make a fortune. But a lot more will lose a ton of cash.
There is no question that Dyson is the UK’s smartest industrial entrepreneur. He turned the electrical appliance industry upside down. So when he plans to do the same to the car industry it is worth paying attention. This week it was announced he is pumping yet more money into his auto unit, with a planned test track in Wiltshire that will take his total investment up to £200m with plans to have vehicles on sale by the start of the 2020s.
Dyson has never launched a dull product in his life, so he is certain to create something radical and different. It won’t be a Nissan Micra with a battery in the boot. Even so, by the time he gets to the market there is likely to be a lot of competition.
In this country, Jaguar Land Rover is already planning a range of electric vehicles, and so are all the other major auto manufacturers, with an estimated $90bn in planned spending over the next few years to electrify existing vehicles. At the same time, a ton of venture capital money is pouring into the industry. An estimated $2bn has gone into electric vehicle start-ups in the first few months of this year, with companies such as Evelozcity raising around $1bn to break into the market, and plenty more with smaller amounts of seed money that can be scaled up very quickly.
That’s not all. Tesla has already carved out a powerful brand, and despite its production issues and the erratic behaviour of its founder Elon Musk, it is going to be hard to dislodge; the company is worth more than $50bn, which gives it plenty of firepower to meet any challenges that new players in the market might throw at it. China’s BYD is already the largest manufacturer of electric vehicles in the world and plans to expand abroad – Warren Buffett is already a major shareholder.
Meanwhile, the tech giants are hovering ominously in the background. Apple has talked about a move into cars for a couple of years with a mix of electric and driverless technology (and there has been speculation it might buy Tesla, which would be a formidable combination). With a cash-pile of close on $300bn it can throw almost unlimited amounts money at the industry, as well deploying one of the world’s most powerful brands. And of course, if Apple does get into the industry it probably won’t be long before Amazon and Google follow it, and they will have billions to throw at it as well. Very quickly, this market will be more crowded than the M25 on a bank holiday weekend.
Could tech giant Apple be ready to enter the electric vehicle market?
Of course, there is potentially a huge market for electric cars, with some estimates of the likely sales put above $200bn annually by the start of the 2020s. They are largely pollution free and as battery costs fall they should be cheaper to run as well. Within a couple of decades, they could have completely replaced the fossil fuel variety.
Even so, anyone getting into the market faces three huge challenges. First, the scale of investment needed is huge. A billion or two doesn’t get you very far in the auto industry. There are factories to build, and dealer networks to supply. It consumes cash on an epic scale. Next, there are already lots and lots of companies piling into the space. Finally, the industry is being disrupted from several different directions at the same time. Electricity is replacing petrol at the same time as driverless cars are being developed and ride-sharing apps led by Uber are turning it from an ownership to a subscription industry. It is completely chaotic. How all that will eventually shakedown is anyone’s guess.
In truth, the existing auto industry is massive, but returns on capital are often miserable. It is impossible to believe there will ever be space for all the companies trying to get into the business. Sure, an electric auto industry is going to emerge by 2030, and it will generate formidable quantities of money. A new Henry Ford, Gottlieb Daimler or Soichiro Honda may well emerge as the industry develops. But getting there is going to be a bloodbath – and a lot of reputations and billions in investment will be trashed in the process.
https://seekingalpha.com/article/4203609-ev-company-news-month-august-2018?ifp=0
You will also find that here – https://www.stockgumshoe.com/2017/10/microblog-ev-vehicles-october-02-17-beyond/
If there is any additional EV news the column could use some more postures.
#EV Gumshoe site
Hi Griffin,
Thanks for the link! I didn’t even know there was a separate EV thread though I regret to say that if I try following that one too I will be down to dangerous levels of lack of sleep, if I’m not at that level already.
Penny aka Sleepless in Suburbia
I agree about the only thing I post there is the EV monthly from Matt Bohlsen @AS. If you have read the latest EV monthly tthen your pretty much up on EVs. The battery and stoage column is what takes up most of my time now. The new magazine I’m getting has more information in their latest report it is 102 pages and packed. The good news is that it is a PDF and can be downloaded to read when you have a few moments.
https://solar-media.s3.amazonaws.com/assets/Pubs/PVTP%2016/PVTP16.pdf
The future of EV chart should look something like cobalt , nickel, and copper chart.
From Aussie Stock Board HotCopper …
https://hotcopper.com.au/threads/ann-mcc-appointed-as-a-key-project-partner-for-clean-teq-sunrise.4398941/page-5#.W43N7-hKjcc
Huge news for we shareholders, linking up with this State Owned Enterprise (CCP owned) and the bottomless pit of cash that the Chinese Communist Party is. Not to rain on the parade, but I hate the thought that CleanTeq is playing into the hands of the Chinese Communist Party and their drive to control the global cobalt market just as they now do the rare earths–feeding the dragon. Profound implications for non-Chinese EV industry and part of President Xi Jinping’s “China 2025” program. Expect whatever is need to be forthcoming from the Chinese that is needed to get Sunrise up and producing–Xi Jinping is behind this! And he now is the Emperor of the New China. RF connections/guanxi behind this coup.
https://www.reuters.com/article/us-…-risk-for-car-industry-glencore-idUSKBN1GW1XV
Last did not come out right here it is ….
https://www.reuters.com/article/us-…-risk-for-car-industry-glencore-idUSKBN1GW1XV
CLQ long small position
Clean Teq shares keep bleeding every single day and it seems recent news just accelerated the price deterioration. have i missed something or do markets see the Chinese participation such a red flag that they aren’t giving any value for the upcoming Sunrise project?
yours and wondering, Finn.
Check nickel and cobalt spot prices. There may be a correlation.
https://www.industryweek.com/companies-executives/mercedes-unveils-first-tesla-rival-12-billion-attack
http://www.visualcapitalist.com/nickel-secret-driver-battery-revolution/
Hi everyone, as I mentioned I have been really preoccupied by the political situation. Out of deference to Travis, I will not say much about my opinion,
since he has requested politics stay confined to threads devoted to it.
I have not reviewed my positions or overall portfolio much in the last 30 days nor stayed up-to-date on developments…my last real scrutiny was on the CLQ China Minmetal partnership, which I thought was a possibility.
I would have preferred CLQ stayed with the SNC-Lavallin alliance but I guess they decided to fixed price after the reaction they got on the capex.
A lot of the Aussie mining types are completely disgusted on account of Minmetal’s performance in past projects, some of which were quite badly handled.
Anyway I need to review the last 30 days, honestly I haven’t checked my portfolio or even commodity prices.
Before going into a deep freeze, I started a thread on what Trump or the “q and Qanon phenomenon might do to investments.
Not that my opinion means very much…just looking at prices quickly, my positions have taken a beating over the last month. However, for better or worse, I have made no moves at all in my positions.
Your audience is hungry for leadership. Some of us took a plunge anticipating a surge on the reporting event. OOPS!! Now, we need your opinion on what comes next. Is CleanTeq going to fall into a death spiral of dilution or is this an incredible opportunity to add to positions at a big discount? With all of the confidence of past months it is hard to imagine that all of that was misguided. I’m sure that I speak for many, we’re waiting for your leadership. Thanks for the effort expended in the past.
I brought CLQ before I heard of HN. My guess HN does not want to be a leader here like your saying. I liked his comments. And like John said I think he was very much on target. We chat here. What we buy or sell is up to each one of us. My guess is the US China trade war has not helped the SP here.
Story stocks in the commodity sector have all been creamed. Think copper, cobalt, silver, etc and stocks that were promoted here like CLQ, Erdene, and First Mining. I hope I have the names correct.. Beyond that, producing stocks in the sector have also suffered though to a lesser degree than the ‘storys’.
I do wonder if HN got out, and if so, when? His comments about X stock never going back to Y price may have sucked some people into the market prior to the big decline to levels way below Y.
Now would be a time for nibbling rather than unloading IMO.
Market makers love to punish those who dare to dabble in these issues. There will be a bottom, which IMO will be in the next few months.
Smart investors know that real bargains are often had in the last week or 2 of the year, although it is possible that the bottom will be prior to or even after that.
Gene, HN commented recently that his portfolio had no changes.
SNC won’t bring money to the table unlike MCC, hence why MCC chosen. The cost is the same. CLQ did not save by chosing MCC but now have the benefit of a major partner with big pockets.
Ask Richard about how funding is progressing.
It may just surprise.
http://www.proactiveinvestors.co.uk/companies/stocktube/10378/demand-for-nickel-sulphate-set-to-explode-as-industry-excitement-builds-10378.html
If anyone is interested I asked IR about water and permits for this project. Here is the reply….
“We’re permitted to extract water from a borefield, which is approx. 65 km from the mine site. This is not river water, but ground water.
We have all other permits including Mining Leases, Development Consent and Environmental approvals.
Thanks
Richard”
$ASX:HDY – Would any of our good friends down under know why trading has been halted on Hardy Resources??
$HDY longer than I should be but minimum entry.
$ECSIF – eCobalt Announces Successful Completion of Pilot Testing to Produce Clean Cobalt Concentrate
https://www.ecobalt.com/news/news-releases/ecobalt-announces-successful-completion-of-pilot-t-20180911
ECSIF long
https://www.marketwatch.com/press-release/robert-friedland-to-present-at-prestigious-china-development-forums-fall-summit-in-beijing-on-september-16-2018-09-11 Hope FR will have some new info out by the 16th. Would be nice.
Well, I finally gave in and am waving the white flag…partially. Closed one of my accounts holding Clean Teq (CLU) but not another–it’s now so small, does it really matter? Never have done well with Aussie stocks.
Of course now I’m out of the picture, Clean Teq will skyrocket.
Thanks wade3, but it ain’t going no where, as I am still holding.
I am small potatoes, but it is an “interesting” part of my portfolio.
I hear ya, and feel your discomfort. ALL of my selections for future power, storage, green investing, and mining for said items are……let’s just say, low.
Makes you think that “some people” with a certain bit of information are expecting something big to happen soon, real soon.
Thanks wade3, but it ain’t going no where, as I am still holding.
I am small potatoes, but it is an “interesting” part of my portfolio.
I hear ya, and feel your discomfort. ALL of my selections for future power, storage, green investing, and mining for said items are……let’s just say, low. Look at the whole sector!
Makes you think that “some people” with a certain bit of information are expecting something big to happen soon, real soon.
Look at the one year chart on this thing, makes a new low almost daily – pathetic this trade has been – still hold a good chunk UGH!!!!
Well blokes I’m still holding and have no reason to change even though I’m now under water and I think I’m holding more than most here?
Can fully understand some bailing and sorry If you made a loss, we all want to make monies, but you only lose into minus situ,
Apart from the big increase in capex nothing has changed apart from EV metal sentiment, all my stocks are red since, it will IMO turn. Ain’t going to quote Buffet here….
EV ain’t going away, we are at the bottom rung of the ladder of change of which the world must do to exist, YES for this planet to EXIST, go that??
https://www.marketwatch.com/press-release/robert-friedland-to-present-at-prestigious-china-development-forums-fall-summit-in-beijing-on-september-16-2018-09-11
Be good/helpful If the US/China situ was settled, it’s coming, again IMO, but you will see.
Can’t add more, except hn will return of his own choosing,
Best to all,
SS.
SS, HN said he’s been pre-occupied’ with political investigation. We know how thorough his Clean Teq digging and analysis was. Like you, I am still in 100%. I even added some Metallis after selling NEVSUM.
Yes can confirm hn is deep in political stuff, I’m still Long CLQ, AUZ, MTS, GGI, KRC and others. I’m not a trader, just FA based and holding. Last couple of months been as we all know, but there it is.
Nothing fundemential wise has changed to the negative, in fact the EV revolution has only firmed up far further. Money, business and governments will push this through, to reiterate ICE is dead, it’s like the horse….
Trump/China is a downer, but I think this will get settled. Trump goes to far he risks the coming elections IMO…. all positioning unfortunately, that’s politics!
my guess is that CLQ’s share price reacts to commodity prices, just as many other mine companies’ too.
now that Sunrise Project is set to begin there’s just one thing i must ask myself. do i wanna wait for couple of years for this company to develop and start making money or do i wanna sell now and concentrate my efforts to something else knowing it might be a longer wait for a bigger share price appreciation.
i’m choosing to enjoy the ride and wait for awhile because it seems the demand for Sunrise’s metals is only increasing. So why abandon future gains now?
I have been buying CLQ all the way down ( now down about 50% ) and it is one of my biggest holdings. I had been hoping for some medium term gains from the battery metals, but my big conviction has always been for the eventual scandium potential. The problem remains that the scandium value won’t materialize until transportation manufacturers can justify modifying their assembly lines which won’t happen until there is a reliable stockpile of scandium, and that will take quite a few years of production. Once one manufacturer commits I think they will all have to or their products will be vastly less competitive. I guess I’m in for the long haul.
Heh heh heh….hey Wade3….guess who sold one of his CTEQF accounts yesterday?
I’ll give you a hint, he goes by the name of edski……..