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.
$VRS lp $FGR lp #Graphene
Shavian and williamstown….
How have you two been viewing your perspective companies?
I am at a loss re: the current drop in VRS, unless they are catching up with the general market. Of course, I am down in both stocks, unfortunately… I am used to that!
VRS is adding a lot of people around the world, and FGR seems to be plugging along, but without much news. And now HN informs us of the Ionic and CLQ JV,
who are in production!
You guys, or anyone else, have any thoughts regarding Graphene?
CTEQF: Don’t be misled, cleanteq and ionic are not in production. They are still in the product development phase. They are 18-24 months away from production, if it all works out for them, you can all decide your expectations of the likelihood that they achieve their timeline.
http://www.ionicindustries.com.au/ionics-technologies/water-and-wastewater-treatment/
Long CTEQF, ARRRF. I still kind of like CTEQF, because I like all three, cobalt, nickel, and scandium, also australia as a jurisdiction, chinese connections, Friedland connections, water upside. I am a bit uncomfortable with capex, present valuation relative to peers, this years deadness in the water division, pace becoming slower than my expectations on all fronts. I am much heavier into Ardea now, because I feel its present valuation speaks to me of much greater upside, and less potential downside, though the whole financing situation is very risky. I feel they will ultimately get financed, my intuition is their management may ultimately be more investor friendly, and there is huge multi bag possibilities, certainly from where it is now. I have mixed feelings towards Friedland, not in his ability to make money for himself, I see him becoming one of the wealthiest beings on this planet, like top 10-50, he may be already there, how much money he makes for me I am far less confident.
Renby….luv your posts. You recently wrote about CLQ hitting ~40, and it did ! I (and many others no doubt) would be very interested to know your basis for this calculation (and presumably other valuations)
Much obliged.
sarahh, thank you. Certainly I don’t have a crystal ball, if I have a strength it is that I think in a non partisan way, and resolutely keep my emotions out of my investment analysis. When I see regular posters on stock message boards react emotionally to information about their pet stocks that they perceive as negative, I literally cringe. It exposes an unfortunate weakness. I used to play poker professionally, and when a player at the table showed me a weakness like that, I literally started counting their chips, because I knew my winnings were going to come from their pile. Its the same thing with stock investing. I loved CLQ as an investment, and put a lot of money into it [for me] more than 2 years ago. I followed it closely, learned a lot, and had a strong hypothesis, much of which is still in place. But based on what I have learned in these years, my sense of risk has increased dramatically. I rode it up to well over a 100% profit, and then down, almost all the way back to where I started [US71 cents] without adding or subtracting a share to my original purchase. In the period before the DFS came out, I started getting a bit nervous over various things I was perceiving. Timelines were stalling, and they were giving guidance that the CAPEX was going way up, though they re-assured it would be negated by increased production numbers [which turned out not to be true, which I saw from the DFS]. The water division deals were not just few and far between, but the ones they announced were for peanuts. To be honest, if I was totally on top of my game, I would have sold before the DFS came out, and saved a lot of profit. But I waited for the DFS, and the minute I saw it, I knew the elevator was going down. I immediately posted in this space Oh Oh. I was super lucky to be able to get rid of a couple hundred thousand shares almost immediately OTC, there was every possibility I was going to get stuck with that volume while the shares plummeted. I was able to sell the 80% of my shares I wanted at about US80 cents. Today those shares are about 60% lower. The 20% I kept have now paper lost the profit I made on the other 80% and I’m very close to even on the whole thing. I’m not inclined to purchase more at this price, nor sell what I have. The post I shared some months back, 5 reasons why CLQ stock price deserved to go down, was my counter to those posters who saw no fundamental change to the investment case. Those were 5 strong fundamental changes in my perception. The partisans always attribute extraneous reasons for their pet stocks going down. Oh the manipulation, the shorters, accumulation by big money, the irrational market. In that post, I countered that kind of blind thinking, because to me there was a huge fundamental shift. This stock was no longer appropriate for my number one oversized position. The number I came up with for how low it would go was an informed guess. I guess thats the best any of us can do. Sometimes I’m right, sometimes I’m wrong, but I do seem to have a good feel for this game, and do extremely well, at least up to now. I believe the reason I do well is because, for the most part, the market is highly rational, and I apply ice cold rational analysis. It does have a tendency to over-correct both up and down, thats one way I make money, [I think you call that swing trades] but the main way is prophetic thinking, that is identifying mega-trends before the masses. The same way I’ve made a living in my businesses.
Thanks renby for the detailed post and agree with most if not all you said. I’m still holding as I like the story and got other business related stuff going on in media. Think RF could still surprise and the EV movement is gaining momentum. Smart monies might have exetited but I’m definitely no traded. Interesting times and happy to be invested in something positive for our planet and no just money. Best to you SS.
Blue vision turns blue-green.
Thanks for sharing, Renby.
mgx to get first rev. from wasteh20 cleanup on nov. 13 this yr. 1 million from first devise. a yr.
Thank you renbycage. I was misled, maybe thinking that the GO Membranes were their Graphene production….
Over the past 18 months, Clean TeQ and Ionic have successfully developed a process to manufacture high purity graphene oxide that can be applied to a membrane support to create a highly efficient graphene nanofiltration membrane (GO-Membrane).
Significantly, the GO-Membrane manufacturing process has been demonstrated on commercial scale industrial equipment.
The joint venture with Ionic will be structured as a newly incorporated joint venture (JV Co) owned 75% by Clean TeQ and 25% by Ionic. Ionic will grant a sub-licence of its GO technologies to JV Co in the field of water purification. Both partners will fund pro-rata expenditure in JV Co to progress development and commercialization of the technology.
Once established, JV Co will be focused on achieving commercial scale production of graphene oxide and GO-Membranes, as well as water purification modules targeted at wholesale and retail customers.
Still, I can’t wait to see what different uses these accomplish when brought into production.
This VRS drop really surprises me. They held fast during early market losses and now a slow dance downward. Usually when a stock holds tight in a market like that, it will continue to head higher or at least stay there until markets become readily available to bid them up.
I don’t have a position in graphene too many possibilities. I do have a position in Graphite, mason graphite $LLG. Graphite in EVs a little more predictable.
Ya know, I almost got that one. But after seeing how early I was into so many companies and how fragile their stock pricing was, I stopped purchasing early movers, and got some companies already doing business.
Now, I don’t have much dry powder left, and I still think that the markets will drop. Looking at the markets today……..it ain’t over with!!!
Edski Fgr Asx, many things are happening, just be patient if you can.
I know it’s easy to say, but I believe the company is in a good position to benefit from present/ coming, graphite/graphene applications, and the future coming revolution.
In the next eighteen months, I think ( IMO ), there will be enormous head ways in new applications/products, using graphene, as well as, improving existing products/processes.
Different strengths of graphite/graphene, will be used, depending on the quality required in those processes.
It is fair to say, at present, not many companies have or are able to utilise high quality graphene in their applications.
One of the problems presently, is difficulty in matching the graphene to the required use.
Assumedly, graphite would be similar.
It is important to realise that not all all graphite/ graphene is the same, it varies substantially, in quality and usages.
Many do not understand the above.
Top quality graphene is highly sought in many applications, and
scientists, multinational companies around the world are still working feverishly to solve application usages.
I hope this helps you in a small way, bowever, you must keep in mind that solving the various solutions , is very complicated.
But at the same time, graphite/ graphene, IMO particularly high quality graphene, is going to be a game changer ( revolution), in many ways, world wide.
You must remember that many new discoveries/ usages ( it is evolving all the time ) will be occurring frequently, and different applications will need different types ( and strengths ), and various qualities of graphite/ graphene.
Thank you williamstown..(heh Billville…)
I understand the argument for Graphene and it’s challenges.
This current drop in VRS got me to write and see how you and Shavian were doing and thinking about your choices in companies. As I said then, why not try both from an investment point? I have done exactly that.
I liked your discussions and I had been looking into both companies. Both of you made excellent points, and so I continued with my plan to buy into both stocks. And YES. I am down on both, but hold high regard for both as well, so I’m sticking with them.
Just published: CleanTeQ’s Quarterly Activities Report for the 3rd Quarter, ending Sept. 30, 2018.
http://clients3.weblink.com.au/pdf/CLQ/02037486.pdf
see mgx website for h20 profit,, to b made along with oil, gas, lithium, mg. and silicon. projects. buy fast or pay more very soon. GOD bless.
http://globalminingobserver.com/glencore-vw-cobalt-203
Man o man….these are some HUGE bets being laid on the line!
Edski FGR Asx , if you have access to HC, go and read post number 36265109.
Yes williamstown. I saw their admittance into GEIC. That is big and knew $VRS had been in there earlier, which made me like them.
I think that good things await BOTH organizations, and I like the fact that instead of just reading about offering graphene for testing, it has been applied to manufacturing applications. That is the best part, that it is finally happening, even at a small scale!
If I am right about a market correction, I will load up on both.
$ARL/ARRRF – Annual Report and Notice of AGM
https://ardearesources.com.au/downloads/reports/arl_ar2018.pdf
ARL long
Still holding ARL but in smaller amounts than CLQ.
Others are of the opposite opinion.
$FYI – Cobalt Miners News For The Month Of October 2018
by Matt Bohlsen @sa – Includes: AEOMF, AMSLF, ARRRF, ARTTF, AZRMF, BBBMF, BHP, BKTPF, BPLNF, BRCSF, BRVVF, BXTMD, CBBHF, CBLLF, CMCLF, CSSQF, CTEQF, ECSIF, FCX, FQVLF, FTMDF, FTSSF, GBLEF, GLCNF, GMRSF, HLPCF, HNLMF, IIDDY, KATFF, KBGCF, MCRZF, MLXEF, NDENF, NILSY, NZRIF, OZMLF, PANRF, PLM, PTNUF, RGARF, RNKLF, SHERF, SMMYY, SNNAF, UMICY, USCFF, WCTXF
Summary
Cobalt spot prices were slightly down in October.
Cobalt market news – NMC batteries dominating EV – sales to reach 63% of global market. Cobalt supply is expected to struggle to meet demand after 2022.
Cobalt miners news – Nornickel teams up with BASF, and Umicore teams up with Norvolt and BMW.
https://seekingalpha.com/article/4214922-cobalt-miners-news-month-october-2018?isDirectRoadblock=true
“Cobalt heading towards 2020s deficit. The price of cobalt may have retreated from the dizzy heights of early 2018, but the outlook for the blue metal remains positive, with some sector analysts particularly bullish about prospects beyond 2020. Cobalt supply is expected to struggle to meet demand after 2022. “
$FGR lp
Press release of ongoing testing and future sales for engine, battery coolant:
https://www.firstgraphene.com.au/investor-relations/asx-announcements/effectiveness-of-puregraph-confirmed-in-coolants-confirmed-in-flexegraph-trials/viewdocument
For those becoming discouraged, an opinion I value:
On another site, I became involved with lengthy discussions with a mining engineer
with considerable experience in nickel laterites.
He was very wary of CLQ because of his technical experience in nickel projects, and his experience with Chinese contractors.
He was not long on CLQ, whereas he had a major position in AUZ.
He is still long AUZ (whereas I am not).
However, in recent days he has entered CLQ, having been satisfied that the engineering has progressed sufficiently, and that the price is at attractive levels.
So a qualified mining engineer who is an AUZ enthusiast has decided to go long on CLQ.
Of course one should make a decision on that basis. I myself remain persuaded on CLQ, but not on AUZ. But an interesting benefit is that this engineer, being long on CLQ, will have a lot of interesting insight, which I will dutifully share with you.
The first thing to mention is that while world production of nickel is in the neighborhood of 2 MM tons, only a fraction of that production is suitable for conversion to nickel sulfate. Mr. Mining Engineer estimates that of the world production, less than 20% is economically convertable, meaning only 350 KT can be converted of the 2 MM tons; and further, there are competing applications besides sulfate conversion for these grades.
In other words, while nickel production is high, increases in production do not necessarily alleviate the supply situation for nickel sulfates in EV applications.
This puts an entirely different cast on the supply figures.
HN, thx for sharing, could you ask him if Royal Nickles Nickle project in Quebec is economically convertible – where does it fit in to the EV revolution going forward or maybe you already know the answer to that.. Thx!
I wouldn’t be comfortable asking this particular individual about a Canadian project…he would have to to a lot of analysis before answering, that is his method, and it is a little bit of an imposition.
He is a laterite specialist and is quite active in the field, has full-time job.
He’s not a retired guy with a lot of time on his hands like me.
But as an amateur, I liked Royal Nickel and made some money on it, for a pleasant change.
RNX I’m just recently in to Royal Nickel, late but hopefully not too late, to the party. I have been persuaded that although confirmation of the final number of high grade gold ounces has not yet happened , the 2 for 2 hits of high grade ore seems to support their geological model of high grade resource. I’m always very open to anyones contrary analysis.
Long RNX
Hi Charliej. I think we are all going to suffer as long as nickel prices stay at low levels.
Nothing to do but wait it out, if you are deeply invested (like I am). If you are more fleet-footed I suppose you could cut your losses and play elsewhere.
$MGXMF – MGX Minerals to Process First Oil & Gas Wastewater in November; Projects First Cleantech Revenue
https://www.mgxminerals.com/investors/news/2018/419-mgx-minerals-to-process-first-oil-gas-wastewater-in-november-projects-first-cleantech-revenue.html
MGXMF long
It’s strange that the MGX headline mentions ‘Projects First Cleantech Revenue’ but the body of the article doesn’t discuss it.
Long $MGXMF and $CTEQF
whoops sorry forgot to sign on.
s. America lithium projects coming real fast with aim to put other players out of business because of water concerns. watch out for mgx . buy fast while dirt cheap.
Euc Asx releases impressive qtly activities report.
Building slowly but surely still early days with UG development
$FGR lp #Graphene
September quarterly review:
https://mailchi.mp/560550ec38a5/new-nanoscience-firm-to-produce-clean-super-strength-carbons-747283?e=941511221f
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSRI-2678234&symbol=SRI®ion=C
$SRI – long – thanks for that post.
Sparton’s 89.8-per-cent-owned subsidiary, VanSpar Mining Inc., registered in the British Virgin Islands, owns 18 per cent of VRB Energy Inc., registered in the Cayman Islands (formerly JD Holding Inc.), which in turn owns 100 per cent of VRB Energy System, registered in China, which is the vanadium flow battery manufacturer.
We seek Safe Harbor.
We longs knew this going in but it still makes my eyes pop out……things that make you go mmmmmmmm???
Absolutely makes you sit up and take notice…I have always been very careful to specify that $SRI is really a speculation and that I cannot recommend it to other casual investors. It is really a SPECULATION.
If you search in my posts, I have always stated that Barker’s intentions and integrity is the main unknown. Each person has to decide on this, and just because I am willing to take a shot here doen’t mean I suggest it for anyone else.
However, this is how I was able to reconcile the very shaky corporate
domicile issue, in my own mind:
The underlying asset of SRI is potentially very valuable…a significant fraction of VRB Energy. However the management and corporate structure is vested in one individual, Lee Barker, who is a crusty old geologist who likes to fool around rock-hunting. He is a Timberline-boots and flannel shirt geology guy, he is not a world-beater like Friedland.
His asset is likely to be an attractive target to financial heavyweights
who can blow around SRI stock like a maple leaf in a windstorm. Robert Friedland himself might go after Barker’s interest.
So Barker has taken steps to make sure his asset cannot be finagled away from his control.
And likewise, he wants to protect himself from excessive taxation in the event that VRB Energy becomes something worth having.
The other consideration I have in this case is that a ground-level vanadium or vanadium redox investment is not a common sight to see in the public markets. So it is risky, and a back-door way of getting in; but I have a strong conviction that the underlying asset (X percent of VRB Energy) will be very valuable at some point in the not-too-distant future.
HN, thanks for the reminder of everything you ‘shared’ ; all of your thoughts and DD on this many moons ago. Hopefully the way things are set up helps keep us all in the game with Barker. I say ‘thank you’ and appreciate the continued support.
Lulu
Hi Lulu off topic. Did you ever invest in Lululemon Athletica $LULU?
No…but staff are quite nice when they see the name on my credit card. But thats the lump of glory for me.
New MIT battery tech for aviation
https://www.technologyreview.com/s/612351/top-battery-scientists-have-a-plan-to-electrify-flight-and-slash-airline-emissions/
Bottom line they don’t talk to much about materials…but at the end they mention it uses cobalt and graphene (I think).
Et all;
I’d like to share my small story of success, if I may.
Ive been giving this EV a lot of thought while gardening and recognize that there are many issues that need addressing. It is never to soon to start planting the seeds of progress.
I contacted the Construction company advertising a Modern condo complex ‘with all the amenities’ in my town to convince them that their version of modern’ was already outdated if the building was not EV ready. I received an up-date from them last month saying they have moved forward with making the parking EV ready. Woowhoooo.
Who says one person cannot make a difference.
Good show Lulu, did you also tell them there is a solution that shouldn’t require much effort to accommodate EV s.
http://www.envisionsolar.com/ev-arc/
I’m sure there will be some that want to park their EV in the garage.
$ESNC long
Thks Giffin,
I’ve booked marked that article.
https://www.reuters.com/article/us-glencore-katanga-mng/uranium-levels-force-glencore-unit-katanga-to-halt-cobalt-exports-idUSKCN1NB205
https://www.bloomberg.com/news/articles/2018-11-06/the-battery-boom-will-draw-1-2-trillion-in-investment-by-2040
https://twitter.com/i/web/status/1062216010357329920
http://www.spartonres.ca/news/sparton-update-nov-2018
mgx minerals with new oilsands and h2o tech. and machines being built and sold.
$CTEQF – Bloomberg: China Is Leading the World to an Electric Car Future
https://mailchi.mp/cleanteq/bloombergchina-is-leading-the-world-to-an-electric-car-future?e=f149c30529
CTEQF long
http://news.ifeng.com/a/20180510/58254537_0.shtml
????
chinese…without translation link but pictures say 1000 words? Mmmmmm,?Any ideas rubber worm?
(FYI) Chrome provided a Chinese translation option.
I did the translation and it looked to me like China intends to keep CLQ as a hole card. They dont look in any hurry to spend money digging a mine. Still, thats been pretty evident anyway.
It mainly says the Ivanhoe group has a new headquarters in Beijing.
Sign says alot to me…. can’t post picture but Clean Teq is right up there with the other RF companies. I think CLQ is a go.
Happy Thanksgiving holidays!
$CLQ and $AUZ key parameters comparison
https://twitter.com/Fabb86/status/1064774339256434688
#Best2You!
A happy, safe, and healthy Thanksgiving to you as well, and all of our merry family here at Gumshoe Labs.
The parameters are interesting; at this point I would say that the relative market caps are reasonably taking this into account, although as always the CLQ potential in tech and water is discounted to zero.
Many retail investors in Oz love AUZ and will argue about their off-takes with the Koreans, which in fairness are major. I wish them well, and admit that under 4 cents I was tempted to take a position.
What still keeps me out of AUZ is that I do not trust management, and I suspect that the “in confidence” details of the SKI take-off will be detrimental to the shareholders. I just have a nagging feeling that when the mine gets into production, there will be continuing financial disappointments because of the terms in the initial take-off. This may not come out for years, even if it is true.
Of course, even if my suspicions are real, that does not mean the stock cannot do very well between now and sometime in the future, and that traders cannot make a lot of money on it.