2017 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.
https://www.youtube.com/watch?v=aZIsV6hEoeU&feature=youtu.be
https://www.mining.com/cobalt-price-boost-as-electric-vehicle-loadings-surge/
https://clients3.weblink.com.au/pdf/CLQ/02152825.pdf
It is big project. Every little part of it gets planned out down to every weld and nut and bolt. What type of weld ect. Good to get this news out now so when good news hits it will have mo mojo.
Any thoughts on how best to vote at the upcoming Annual meeting?
For example…..
Do Spreadborough and Loader deserve re-election?
Does Sam Riggell really deserve all those performance Rights?
Is Spill Meeting advisable or is it a serious threat to long term futures?
BYD
BYD? Sorry, John, but what does that mean?
BYD have an alliance with Macquarie bank to produce buses in Australia. CLQ dealing with Macq for a partner. I would say BYD will be the partner to get Sunrise up.
$JRVMF – Jervois update on drilling at Idaho Cobalt Operations, United States
formerly $ECSIF
This update adds additional Cobalt and Copper not previously defined.
https://mailchi.mp/3177839ad26e/jervois-update-on-drilling-at-idaho-cobalt-operations-usa?e=2dd208b26e
JRVMF long
https://www.youtube.com/watch?v=M3GTCyPhBcw&feature=youtu.be
Good article from Dr John Faessel
Worth reading, while we are waiting for some good news !
https://t.co/HQiNepug3q?amp=1
$CTEQF – ASX/TSX AnnouncementASX/TSX:CLQ111November2019Clean TeQ achieves successful customer acceptanceof world firstCIF®plant in Oman
https://gallery.mailchimp.com/6b234a59bc4b0bc555986937a/files/8503e415-e340-42ee-9b21-a03124276e08/CIF_PLant_Oman.pdf
CTEQF long
Hi Griffin.
You and rubberworm are the most active here !
Do any of you know what the founder of this page and our mentor is doing atm.
Personally I miss him and his comments !
Hey Guys:
I also follow this thread and have recently more than doubled my beaten down CLQ holdings due to what lately appears to be a much more positive outlook, at least for a year from now. I think Travis has also hung in with his original buy but, has been strangely silent recently about his current outlook. How do we best convince him to give us an update?
No, I’m not aware of what HN is doing last mentioned was that he was spending time on property holdings. Considering that the Junior miners sector has been down for months there is not much good to say about it. One source I has said that gold would USD$1600 by end of year it seems to be retreating from $1500 now. That source also recently said that Juniors sector would turn by end of year don’t hold your breath. The only bright spot in my holdings is $SAND.
@griffin et al,
$SAND is doing OK for me too. I’m a little sorry that I sold off a big chunk of my holdings last year, but isn’t that the story all the time?
$KNTNF is also doing OK, and it’s the same story, that I sold off a chunk of my shares last year too, sigh.
Penny
Very smart is way down here. My DD has them very smart. They are down around 75%. Enough said IMHO give it time….https://money.cnn.com/quote/shareholders/shareholders.html?symb=CTEQF&subView=institutional
Never fear Elon is here.
Is the big word.
Elon selling lots of cars in general or he is liking CLQ?
Friedland visited SpaceX – wonder why?
John where is your link to RF going to SpaceX ? Here is a link to the low prices of which SC should be going for. https://investorintel.com/sectors/technology-metals/technology-metals-intel/scandium-the-new-rare-earth/ You are only hurting a lot by posting with no links. Where is your link he was there ? You can’t put it up shame on you pal. Shame on me for taking you as real. Where IS YOUR LINK PAL ? I can’t find it it . Put up or just shut up John . Where is the link! If you can’t put up link I’ll have know respect for you posts at all. Post’s links
Get off google. get off your ass and speak to the company. and then finally get back to us pal.
I do Chat them. Not about this. Another SH just sent me this when I asked him for a link… “This was mentioned at the Clean TeQ AGM. ” An another SH had this to say this about SpaceX … “Sc has a lot of benefits over regular alloyed Al. If Elon uses Sc-Al for rockets to reach Mars, that would be good for marketing, but it is a nothing burger as far as demand goes. I believe it will take at least a decade to see any appreciable growth in Sc demand. A bigger driver would be a commitment on the part of F-150 and other truck manufacturers to begin using Sc-Al in frames. ” I own CLQ never sold a share. When Sc gets used on a large market CLQ will be a king and at low prices IMHO. Now if Musk uses Sc. in all his cars and trucks that would be interesting IMO. Both RF and Musk seen to be very green. That just makes for a good team . You post” Never fear Elon is here.” No links , no thoughts , that is the way you always post. That kind of posting hurts the stock. It looks like hype your posts. CLQ has lots of shares out. CLQ can’t build mine without a new partner taking up to perhaps 50% more of what I own. I like the stock but I don’t like hype. And there is no link and I found out this without talking to the company.
Hi Griffin and everyone,
Active and happy though not in mining speculations.
Still way long $SAND, $IVPAF and Cleanteq.
Not selling, I will just be patient on CleanTeq and Ivan. Up well on Sandstorm but obviously Clean Teq is hurtful. No way I will sell out, adding a little.
Trimmed a lot of others but still holding Erdene, MUX, MAG, and a few others.
The lag time between mining projects, commodity prices, and stock prices is just not what we imagined.
Current prices are not for selling, and Sandstorm is a gold holding for me, not a speculation.
Do you still hold your SRI ?
Yes
Hi Curtis et al,
Since I am in these positions for the long term, and do not want to put more money into the sector, there is not a lot for me to do.
I am a bad trader. I’m up in Sandstorm but not selling; I’m way down in Clean Teq, but also not selling; about even in Ivanhoe,again not selling.
Same situation with positions like MUX, MAG, ERDCF, and so on.
Some of the others, I cannot recommend them even though I am long…they are really speculations of even greater risk, and do not want to discuss in way that might appear as an endorsement or conviction.
I have a positions in Sparton, for example, and I did a private unit in Ionic Industries, which might be worth more than 4 cents someday.; MGX; Tsodillo, and a few others.
Overall, I have had a few good hits. But let’s be frank, the batting average on mining speculations is low. And even when you are right about the deposit, commodity prices can destroy your payoff.
And the market may take a long time to come around to your point of view.
So it is fun and interesting but the odds are against you.
______________________________
Basically, I follow Rule’s Rules.
-Develop experience (expensive but I have some now)
-Don’t confuse a bull market with brains (corollary: a depressed market with stupidity)
-In commodities, you are a contrarian or a victim
-Inevitable is not the same as immanent (therefore be patient)
-Buy a stock for a reason. Sell, if the reason goes away
-Buy companies run by owners
_______
The well-known cliches also are true, you have to have an amount invested that you are comfortable with, don’t speculate with money you cannot afford to lose, etc.
It took me years to learn this.
You must have the emotional makeup or trading style that enables to to keep your equanimity and conviction when things go against you.
_____________________________
I take a lot of comfort in Rick Rule’s experience with Paladin.
Rule believed in the value of the company when it was ten cents. Felt sure it was at the bottom. Too much value, he was sure the bottom was in.
But then it started to drop.
FDrom ten cents it went to nine cents. Then eight cents. Seven cents.
He started to doubt, rechecked everything.
The stock then went to six cents…five..then four.
But don’t you know, the stock price went ALL THE WAY DOWN TO A PENNY. One cent !
Rule stayed in. He eventually made a fortune on Paladin.
But he was right, and he had the knowledge, conviction, and therefore the stomach not to get shaken out.
And he had to be patient.
I
Hi @hn – Good to see you posting here, adding a little life to the boards. It’s been quiet.
Yup, I’m hanging on to my $CTEQF too, and like with $ARTH, I hope I live long enough to see the eventual confirmation of our faith in the product. Yes, I wish everyone here good health and long life!
FOOTNOTE: As part of my Required Minimum Distribution, I moved over the $RNKLF shares from my IRA to our joint account . Wouldn’t you believe the SP went up, so now $RNKLF is looking quite good from the new lower base in the joint account. (This also happened with 4 of the biotech stocks I moved over for my RMD.)
Penny
https://www.youtube.com/watch?v=li3cqLradG8
Elon and RF are in semi regular communication. (Sorry no link).
Very good then . Thanks
https://www.mining.com/web/theres-one-metal-worrying-tesla-and-ev-battery-suppliers/
Hi @rubberworm – I was a little confused reading this article re nickel, and then reading a highlighted article on the same site about French company Eramet currently having to adjust its estimated earnings downward for 2nd half 2019 due to falling nickel prices, and having to reorganize its New Caledonia operations. Included in the article:
“Nickel prices hit a five-month low this month, weighed down by signs of larger-than-expected inventories.”
Penny
A s I see this FMR LLC, which is controlled by the Johnson family.” Very rich people that brought in big at what a buck most likely are looking long term.
https://www.fierceelectronics.com/electronics/tight-nickel-supplies-could-haunt-ev-makers-long-term
I listened to a video of another fella worth over Bil saying he investing in Nickel. Heck CLQ has a pension fund as a huge shareholder. I don’t know nothing but I can follow the money.
https://www.mining.com/web/oversupplied-lithium-unlikely-to-happen-to-nickel/
https://twitter.com/seanmmitchell/status/1203119093060009984/photo/1
Seems Elon looking for a nickel perhaps.
https://twitter.com/seanmmitchell/status/1203119093060009984/photo/1
The world is changing very quickly. For years I have regarded automibiles as the worst type of investment…cars are not really investments, they are liabilities on wheels
and I have always bought used, with a hunk of the devaluation already in my purchase price.
But golly if I am not considering buying a Tesla.
HN, Make sure you read the Consumer Reports article on the Tesla model you are looking at.
HN, make sure you read the Consumer Reports article on the model you are looking at.
https://www.virtualinvestorconferences.com/events/event-details/investor-conference-december-2019
https://www.glencore.com/media-and-insights/news/sk-innovation-to-secure-significant-volume-of-cobalt-in-long-term-supply-deal-with-Glencore
I listened to the presentation today and heard they are now targeting to close their financing in 1st half of 2020. Didn’t they say they were going to close by eoy 2019 before? I was looking to double up my position here but now I’m more hesitant. Does anyone have any thoughts on why it’s taking so long to get a partner here?
Thanks
Don
India……..nobody is talking about India !
https://inc42.com/features/electric-revolution-the-electric-vehicle-startups-driving-indias-ev-vision/
Europe must be looking for nickel and cobalt supply from safe countries like Australia….
https://insideevs.com/news/386982/european-commission-approves-aid-battery-rd/
Here is as I see it:
First, the company had a chinese front-end operator, which they broke up with. Then Cleanteq stated they are looking for 50-50 partners or J/V for the Sunrise mine. These discussions takes time. But the lack of information here are very frustrating Not to forget, a 1.5 B capex.
Think I am as frustrated as everyone here, but one has to wait.
AIMO…GLA…..Loooong CLQ
For sure they are way off from their original timetable. Like, two years.
Clean Teq has mostly given accurate guidance but the flase start with China Metallurgical gives them major black eye.
Thoughts on the Chinese disaster, subsequent delays for Sunrise, and Clean Teq stock
When Friedland went with China Metallurgical, it made a lot of people including myself pretty nervous. The Aussie engineers on Hot Copper were extremely sceptical, a lot of them had first-hand experience and were very leery.
So maybe they were right. There was a break-up, “they could not reach agreement”, so it is back to Square One and now the FID is pushed back to mid-2020.
Here is what I make of the situation, it is mostly unanswered questions.
PROJECT: how much of the fancy technology will be used in the project, versus conventional processing, is a little unclear to me. This has a direct bearing on the capex and the eventual costs per unit of production, because the tech was going to deliver industry-low costs.
CONTRACTOR: Very comfy with Fluor, but the capex must be higher than previously, how much higher is anyone’s guess. Friedland probably was enticed to go with China to begin with because he could flash low capex and high returns on conservative commodity prices.
FRIEDLAND’S RELATIONSHIP WITH CHINA: This is an important question I cannot answer. Friedland has many other deep ties to China and I cannot tell at the moment how
much of it is going off the rails over this. Pengxin’s director is out; again, can’t tell if he got fired over this or some other reason, or if Pengxin is also out altogether.
These big Chinese companies are agents of the state,
and Friedland has a lot going other than Sunrise with China (aluminum, scandium, copper, vanadium, etc) so I would like to know how bad the rift is, and whether it is isolated to Sunrise.
COMPETITORS: with the delay in the FID to mid-2020, the plant is not likely to operate until 2022. The doubts and delays are reflected in the stock price. Clean Teq appeared to be the lead horse in the race to production; but not following the sector that closely, I do not know which projects are going to be on-line earlier. I did feel that speed to production was important, but that was assuming the boom in commodity prices would occur in 2020 or 2021…see next paragraph.
COMMODITY PRICES: there were spikes in nickel and cobalt but things seemed to have calmed down. Nickel meanders around $6 and cobalt also has retreated. The good news is that a delay in the rise of commodity prices may actually result in better timing for returns on the project.
OUTLOOK: The failure and crack-up of the project timetable is disappointing.
I am disappointed, but not distressed over it. The reasons are:
— the the metals are still there…nickel, cobalt and scandium;
–I am still bullish long-term on the metal prices;
–the project has not failed because of the technology (the project feasibility is in question in its application to a large nickel laterie project);
–there are numerous other metals for which the technology can be applied…such as scandium,
— the water purification technology and potential is still there;
I have not heard that the technology does not work. The issue is one of capex and commodity prices, as applied strictly to a laterite niickel project. If you look at the company as a tech company, or as a mining speculation, the market cap is a bargain…$150 million or so, with way more than that raised in cash in the last two years.
My position is under water badly, but at 15 or 20 cents, I would rather buy than sell.
I started the column with a five year time horizon. We are near that now but have not gone way over. I’m OK with holding.
Many others may want to bail and move on, and I do not want argue with them.
Happy holidays to everyone !
HN good to see you again. I’m in the same boat you are. My portfolios are down 40-50%. $MUX looks strong and getting stronger but I don’t think I’ve seen its SP lower. $SAND has been strong. Gold Investment newsletter is of the opinion that the Juniors are going turn around next year or sooner. Then it also said gold was going to be $1600 by the end of the year. In did have a biotech surprise me with a good move on trial news, I thought it was temporary so I took some my original $ out unfortunately I still don’t have enough to to take real advantage of a peferred stock offer that will pay 12% quarterly. I’ve also invested in the ASX using the old shotgun method I haven’t got lucky there either.
I worked for a retail computer company in Silicon valley that bought their IBM clone boards from Taiwan, as Asian minds probably one and the same with China. Taiwanese companies assumed that if you were a customer it was long term without good reason to be otherwise. I don’t know if that still applies or not we would have to be privy to contractual agreements and verbal nuances associated with.
Just got a notice from IBKR that there has been a change from a few analysts that Clean Teq has one analyst saying buy and two out perform for what ever that is worth since they don’t mention Who.
Would loe to hear more about 12% quarterly payout opportunity.
You need to have held $RGSE prior to 11/31/19 IIRC. I’m sitting on 75k of 756RGTO15 and at best I maybe able to do 500 before they expire tomorrow 12/16. It is possible that the expiration could be extended. The company makes solar shingles is Tesla only competitor for shingles which are preferred by solar customers.
https://rgsenergy.com/
$RGSE long
$CAPR 8 k filed $ISEE membership drive@stockgumshoe also #BestIn20s http://archive.fast-edgar.com//20191217/AIA2F22C8Z22T2Z222ZH2CZZBUJCH2W2X2B6/
https://www.stockgumshoe.com/2019/12/help-others-help-stock-gumshoe-2019-charitable-membership-drive/comment-page-1/#comment-5004786
https://twitter.com/marksita5/status/1206326054274523136
Time for Tech companies to look elsewhere.
https://www.bbc.com/news/world-africa-50812616
Clean Teq and Panasonic. Only the entree.
Wait till Tesla is unleashed in 2020.
My educated opinion only.
https://www.stockgumshoe.com/2018/01/microblog-scandium-cobalt-and-water-purification-clean-teq-holdingsvolume-2-2018/comment-page-14/#comment-5004767
Major news network on this side on pond.
https://video.foxbusiness.com/v/6116835389001/?playlist_id=933116626001#sp=show-clips
Tesla will be looking for a different store to shop.
$CTEQF – Best wishes for a safe and happy holiday and a successful 2020.
via my email:
“Dear Clean TeQ News Subscribers
As 2019 draws to a close we would like to thank all of you for your ongoing support.
We are committed to ensuring that we engage productively with all our stakeholders, including the members of the communities in which we operate to understand their priorities, inform them about our activities and look for opportunities to create shared value. Attached for your interest is our latest Sunrise Project community newsletter which showcases some of the recent work of our team in the central west of NSW where the project is located.”
https://gallery.mailchimp.com/6b234a59bc4b0bc555986937a/files/c8a7f9fe-5a10-459d-a5e9-438b1c4ad2b7/CLE0051_Newsletter_November_2019_PFO1_LR_1_.pdf
$CTEQF – Clean TeQ to Collaborate with Panasonic Corporation Global Procurement Company to Develop Applications for
Scandium Aluminium Alloys for Consumer and Electronics Products
https://hotcopper.com.au/threads/ann-scandium-collaboration-and-heads-of-offtake-agreement.5143429/
$CTEQF long
Beware of ARL on the ASX it is full of magnesium hence the low market cap. It’s quantity, certainly not quality!
Magnesium is one of the battery metals they have projects other metals. In fact, they just spun off a gold projects to GRL that got 500 of said spin off which I doubled. It appears the gold bull everyone has talked about for the last 5 years may have finally started.
Full of magnesium? Where did you come up with that? I say you are spreading misinformation for some reason, so provide the source and prove me wrong.
Surprise. An agreement on scandium …
where are you getting your information about the Magnesium from.. whilst its true lateritic ores such as ARL are mining at their big project contain significant other metallic oxides they are easily dealt with in processing . One can even go down the BHP path on their expired US patent 5571308. ARL are hardly going to produce a globally significant amount of Ni and Co if they cant purify it to acceptable EV usage standards
40mt in reserve is very small. Smallest of the Oz laterites. ARL Asx
https://stifelcanada.bluematrix.com/sellside/EmailDocViewer?encrypt=ed852aec-d265-40d4-b17f-602b2dcba2b0&mime=PDF&co=Gmpsecurities&id=noauthentication@bluematrix.com&source=libraryView&htmlToPdf=true
https://soundcloud.com/user-528692170/presentation-from-the-cdo-of-clq-stephen-grocott