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.
Release Date: 26/02/18 10:48
Summary: Trading Halt
Price Sensitive: Yes
Download Document 251.5KB
King River Copper – KRC (ASX)
https://www.businessnews.com.au/article/King-River-soars-on-news-of-high-grade-fluorspar-deposit
Long KRC.
27th Global Metals and Mining Conference
ty https://twitter.com/KumovaTolga/status/968084779559251968
https://www.instagram.com/p/BfpfmVKH9yy/
gleetrainIt has Begun. BMO 2017. Few new faces this year welcome @therealecranston @tolga_kumova. It’s good to see such a strong Aussie contingent. Australian mining is in great shape. #bmo #mining #bmo2017 #commodities #resources #goaustralia #gomining #gold #electricvehicle #smallcaps https://twitter.com/43Gleeso/status/967996279103029248
Renbyvision blue vision spreads
Finally opened a position in ARRRF. Gonna ramp in.
I think the deal between the Koreans and AUZ is going to be a catalyst.
AUZ went into another halt, not going to resume until March 6, supposedly another big announcement coming.
Chaotic situation, cannot handiccap it and the stock cannot be traded anyway.
I intend to build up ARL, maybe even re-enter PTNUF, and then see what happens when the dust settles at AUZ but likely to pass. Renby has a good sniffer.
$ARRRF I think you’re in at a good entry. It may take a few months for the loyalty share options to clear out, but the PFS is due out anytime in the next month, so that is the best catalyst expected for a long time, it wouldn’t be good to miss it.
$ARRRF….$AUZ Regardless of where they are in the pecking order or how good their deal really is, I think the AUZ deal is going to be very catalytic for the other quality projects.
I can scream this until my face turns cobalt blue. One can micro-analyze each and every deal and clue and cobalt graph and EV article…… Here is your macro-picture. The world is going to need a continuously increasing amount of cobalt, for the next 10 years at least, probably 20. Most of the supply comes from a very unstable place. Therefore ………. brain cells activating, cranial light bulb blinking …….. The people with the cobalt in the stable places ARE FREAKING THE KING OF THE WORLD. End of analysis. I bought as much as I can of the 2 biggest and best cobalt/nickel/scandium properties in the world, which happens to be located in the most perfect mining jurisdiction as exists on this planet.
You need a reliable, stable supply of cobalt sulphate for your batteries, your people can talk to my people, but bring whatever you can to the table because my people got 20 other meetings with other guys who are dying for it.
$ARRRF
AAAACKkkkkk….Easy there Renby. I’m with you on the stable mining locations. Save yourself (and your heart) for more fun down the road. I think that nickel will surprise a lot of people very soon, in a good way.
Agree. Renbyvision full on.
Friedland with a straight royal flush, and ARRRF sitting with a full house, kings over.
Clean TeQ’s January Investor presentation, which I believe came out in early February, has now been superseded by another presentation dated Feb.27 in Australia.
http://clients3.weblink.com.au/pdf/CLQ/01955614.pdf
I noticed three changes from the earlier presentation, namely the granting of the mining leases for Sunrise, the postponement of the DFS until Q2, and now the delay in starting construction until late 2018. The postponement of the DFS was seen as a disappointment, but the delay in construction is being viewed far more seriously and is attracting criticism on Hot Copper.
$CTEQF/CLQ new presentation and delay of BFS
People are reacting to the delay but there are some very, very good things in the latest investor presentation.
Don’t know why…but they are presenting the figures with a cash cost for nickel only, with cobalt as a by-product. The net cash cost for nickel is presented as $1.40 per pound after cobalt credits. This is astoundingly low.
But….the prices used are nickel $7.50, and cobalt $14.
COBALT IS $36, NOT $14 !!
In other words the net nickel cash cost is probably BELOW ZERO, because nickel is cheaper than they show, and cobalt is way higher.
Furthermore…they show NOTHING for scandium credits, and they are going to produce 170 tons of it.
And I suspect that an off-take with Chinalco for the scandium will be done before production starts.
They are hiding huge potential income and completely downplaying the cobalt
and the scandium.
In fact I am beginning to wonder if they are deliberately misdirecting the competition and concealing the scandium potential. They are hiding $ 150 or $200 million in revenue.
They show the split between cobalt and nickel revenue to be about even.
So on a by-product basis, they will be able to show ZERO costs for either one or the other. Then the revenue for scandium is on top !
This is going to be an aburdly profitable mine, unlike anything anybody has ever seen.
Once the painfully slow ramp up process is complete, they basically will be turning salt into gold with their exotic resin beads.
Yes, and with all this potential bounty, you can understand the frustration of some investors with the postponement of construction. The fact is that Clean TeQ just has so much going on at the moment.
There are almost certainly some big announcements forthcoming. Perhaps this is the last great buying opportunity.
CTEQF…Well, at some point it is going to go over a dollar and never come back. That is for sure.
CTEQF-Now that it is down to $0.85…. Need a fresh thought. Is there something we may have missed as I never thought we would see this level again?
Sanity reared its ugly head, back to $1.26 Ozbucks.
Hendrixnuzzles predicts catalysts coming despite BFS delay that has the Ozzies all moping around.
Hello guys, I stopped getting E-Mails from CTEQF gumshoe. See you have new board. You trying to loose me? Heck I’m glad as hell Aussie jokers selling off cause of delay of BFS. Get it done right . Take the time. Saw a sign on the road once that said…”Good food takes time yours will be done in a minute. ” RF is setting this up to be a big winner. Will take more cash and time. In the end the pay out for SH’s will be much bigger. Thank God these Aussie Jokers are selling.
$CLQ.asx $CTEQF long both 🙂 Load up!
Alwayz have liked this quote:
“If You Don’t Have Time to Do It Right, When Will You Have Time to Do It Over?” https://lifehacker.com/5818760/if-you-dont-have-time-to-do-it-right-when-will-you-have-time-to-do-it-over
Welcome back #Rubberworm!
We’d never attempt to leave lose you. If you ever get in the same boat again, an easy way to find the author’s threads/articles is to click on the avatar, image, of the author, to the left any post. Example : My avatar is the golden phoenix.
#Best2YOU!
Missed you rubberworm. I try to give notice when the thread changes…we had a year on the old one. I was starting to feel a little neglected. We are sort of hard to find as it is…not that I care.
I would rather have a smaller board with more interested contributors.
The posters here have been super.
Thanks , I need to get put back on the E-Mail list. TIA
I’ve looked at the HC boards on a number of the cobalt stocks that interest me. Generally there is a lot of posting about short-term price action.
There is some good analysis, but the wide following creates a lot of extraneous chatter.
AUZ is followed by a large number of people, as is Pilbara. Much of the posts are oriented to speculation on short-term price action. Big and fanatical following, though.
CLQ has a deep following. The proponents of CLQ and AUZ are like Yankee-Red Sox fans screaming at each other in the World Series.
Better to keep them in separate sections.
ARL has a narrow, cerebral and knowledgeable group.
PGM has a loyal group, frustrated by lack of PGM’s recognition. They see PGM is falling behind but are a little unrealistic, IMO, in their expectations.
JRV pretty widely followed.
We say “DYODD”. They say DYOR. Good advice in either dialect.
$ARRRF $ARL.asx – I increased my $ARRRF position this a.m..
Attempting to locate best avenue to fund additional $CLQ or $CTEQF.
Regarding #HC: Would those whom frequent the site PLEASE share their BEST contacts; seldom geaux there, myself, because of lack of such knowledge.
The last couple of months, I been sharing, with the metals Gummunity my contacts, particularly in Australia, to enable folks to follow them and ENCOURAGE those that do not have a $TWTR, Twitter, account to consider joining. # HC
is much like #SA and $TWTR, imho. If you know whom to follow, they provide invaluable information,
Regarding this/these fellow(s) named Lawrence, he/they are definitely MUST follow(s)! 🙂 #Best2All! 🙂
Squirrel mentioned Flippa. He’s a very knowledgeable engineer with deep background in nickel, lots of hands-on experience. He has a loyal following, though some of his hangers-on are not so great, but Flippa knows what he is talking about.
There are other engineers and processing types also, you don’t get too much from that perspective over here.
Poster “Vintage” seems objective.
Bomber 78 was mentioned by another reader.
Red328 is worth listening to, he’s an ARL guy.
There a quite a few good ones but they are outnumbered by emotional cheerleaders and “attaboy” types.
Many of the Aussies are pre-occupied with “downramping”, “upramping”, secret short sellers, robot programs, hidden motives, and other things that have nothing to do with fundamentals. If someone posts something neutral or negative, they are attacked and accused of being short-sellers. You have to hold the stock to be considered worthy of being listened to.
As I say a lot of the orientation is very short term.
I am a long term position player the best course of action is often the opposite for a short-term trader versus a long-term investor.
The good posters emerge pretty quickly. I think HC is a good forum to learn a lot quickly about Australian stocks, though you need to stay objective and not get caught up in confirmation bias, because the posters on any specific thread are generally long and enthusiastic.
One other thing about engineering expertise.
This type of expertise can be important; in the case of Clean Teq, one has to listen because the process contemplated is new, and one needs to be aware of whether there are unusual risks associated with the success of the project that may be related to the new process.
But taking a step back, I am not sure that expertise in mine construction is necessarily more important in selecting a good company as some of the other
areas that must be considered…management, finance, geology, target commodity, etc.
One should listen to experts, but in the end whether the company or the stock succeeds or fails may not depend solely on the expert’s area of scrutiny; and it is our decision to make after considering all factors.
Concerning expert opinion, I would like to tell you a true story from my own experience. I have already related the story of my financial expert who refused to buy Clean Teq, but recommended a coal stock that went to zero.
**
Several years ago I was diagnosed with a life-threatening medical condition. I did a lot of due diligence on the condition, and more importantly I spent a lot of time research who were the top people in the field.
I narrowed the choices down with a lot of help and input from friends in the medical profession, both for the primary physician and for a second opinion.
So my doctor was a prominent expert and the issue
was one of life and death.
There were two major courses of action, call them A and B. They had much different risks and outcomes. Different variables, different risks, different probabilities.
After a long discussion, I asked Doc which he recommended.
He recommended treatment A.
I chose chose treatment B.
I respected the doctor, who was eminently qualified, a known expert, and who was selected for that reason.
But after considering all the factors, I disagreed with his recommendation. I preferred treatment B. The doctor did not huff and puff and point to his degrees from prestigious medical schools and his experience at respected hospitals. He respected my opinion and we went forward.
It is the same with any expert.
They have an opinion you listen and evaluate all the factors; then you decide.
In the end, it is your decision to make.
$IKN
This IKN Bingo card is funny.
And Thank You Cowboy, (I think) for the link to this sight. I love it.
http://incakolanews.blogspot.com/2018/02/your-2018-pdac-bingo-card.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+IncaKolaNews+%28inca+kola+news%29
You are welcome sir. I always enjoy his humor and insight on mining.
$VRB:TSX
http://campaign.r20.constantcontact.com/render?m=1113583062823&ca=3eaf98f1-346b-4190-b70f-cfae32bb6ceb
$CLQ $CTEQF…Clean Teq water from the Ionic perspective
edited from Ionic summary on Ionic website & CLQ annual report
Ionic Features in CleanTeQ Annual Report
2017-11-17
An extract from the CleanTeQ annual report demonstrates the clear path to market [for] Ionic [water and waste water treatment in with CleanTeQ]
———————————————-
Water Division
[Clean TeQ] continues to promote and demonstrate our Continuous Ion Exchange Technology (CIF® ) [emphasizing] the Chinese market, the largest and most rapidly growing water treatment market in the world…CIF® makes [water treatment solutions for many] Chinese industries including power, mining, oil and gas and municipal.
Clean TeQ has formed…a (JV Company) with Jinzhong Hoyo Municipal Urban Investment & Construction Co., Ltd (Hoyo) to pursue water treatment opportunities in China’s Shanxi Province utilising Clean TeQ… the JV Company has been awarded an initial contract to build, own and operate a [CIF®] water treatment plant to treat up to 13,000 tonnes of effluent per day for a 20 year period…
… Clean TeQ has actively pursued a build, own and operate business model, targeting generation of long term sustainable cashflows and favourable economic returns. Design and engineering of the plant has been completed and the plans have been submitted to the Shanxi Urban & Rural Planning Design Institute for approval. Final formal approval of the plans and approval of the environmental impact assessment is anticipated …
In May 2017, the Company announced that its wholly owned subsidiary Clean TeQ … had been awarded a significant contract by(Multotec) to design, procure and commission a (CIF® ) wastewater treatment solution… in Oman.
The Company has also executed an exclusive Technology Distribution Agreement with Multotec for the African continent. Multotec is a leading provider of high-quality mineral processing equipment and solutions to the mining, mineral processing, petrochemical and power generation industries. Multotec has branches throughout Africa, Australia, Asia, South America and North America. Over four decades of developing, manufacturing, installing and maintaining processing equipment has made Multotec a global leader in custom, application specific mineral processing technology.
The Company has also been contracted on commercial terms to perform feasibility and engineering for a number of other ion exchange water treatment systems including:
• A CIF® wastewater treatment solution to treat tailings water to a standard to allow discharge at a gold mining operation in Australia…
• A Clean-iX® uranium recovery plant to remove low concentrations of uranium from process liquors at a copper/cobalt processing operation in Africa…. the Company is confident that at least one of these opportunities will result in a commercial supply contract…
In February 2017, the Company agreed a partnership with Ionic Industries Ltd for the development and commercialisation of graphene-oxide based water filtration technologies. Ionic is a commercialisation partner of Monash University and has secured a licence from Monash for intellectual property relating to a range of graphene oxide based technologies. Graphene oxide (‘GO’) is regarded as a highly versatile industrial material with its ability to form super-strong ultra-thin 2-D matrices.
Researchers at Monash University have developed a method of producing GO which is suitable for the production of water and wastewater filtration products. The method has the potential to be readily and economically scaled to meet commercial needs….
Subject to Clean TeQ successfully completing this product development and testing phase prior to 30 September 2018, Clean TeQ may, at its election, form a joint venture with Ionic (75/25 Clean TeQ/Ionic) for the purpose of bringing the products to market in the field of water purification. The joint venture will be funded by the parties according to their pro-rata equity share.
$CLQ – H2O, Thanks Lawrence! You said it so much better than I! 🙂
Best2IALL!
This Lawrence fellow took the copy from the Ionic website.
Not being critical, but he did not write it, and said so.
#Ionic Industries February Update:
Research update, commercial products and industry outreach
…an update on all that we’ve been up to over the past few months
Dear Ionic Shareholders and Friends,
We hope you’ve had a great start to 2018. While we had a bit of a slow down over the Christmas / New Year period the year has started off at a frantic pace with exciting initiatives in a number of areas.
Research Update
It’s been 5 months since we filed our most recent patent on our printed micro planar supercapacitors, which we’ve affectionately named MICRENs, since the full name is a bit of a mouthful. Since then we’ve focused heavily on developing the partnerships that we will need to integrate this technology into real-world applications. The size of our MICRENs, the material they’re made of the and cost of producing them means they will be particularly well-suited to medical technologies and wearable electronics. We’ve been engaging with a number of companies to learn about their requirements and devise ways of tailoring our technologies and optimising them for use in specific applications. This is really exciting work and, all going to plan, will lay out a very clear path to market for MICRENs in ground-breaking new applications.
On our other printed supercapacitor technology, our ORIGAMI Caps, we are working toward developing a prototype device for use in Internet of Things applications. We have been working with industry players to understand those requirements and we’re aiming to have a product that we can test in the next month or so. Of course, our discussions with all of these potential partners are commercially sensitive at this stage so we can’t provide too much information, but we look forward to positive announcements on these initiatives in coming months.
Water Treatment Work
Work with Clean TeQ and Monash in our CRC-P program continues apace as we work toward demonstrating that we have a product that will deliver enormous leverage in our target markets. All focus at this point is on upscaled manufacturing, ensuring that we can make our membranes and graphene oxide (GO) sand products at industrial scales. This is often the most challenging stage of commercialising a technology and we’ve been faced with a number of challenges that we’re proud to say the team has overcome.
The next major milestone that we’re aiming for is triggering the formation of our joint venture with Clean TeQ when our path to market (and revenues) for this technology will become much clearer.
Australian Graphene Industry Association
In December 2017, Ionic’s Managing Director, Simon Savage, joined the inaugural board of directors for the Australian Graphene Industry Association (AGIA). AGIA was founded as a not-for-profit industry association established with the purpose of advancing the graphene industry in Australia and public knowledge about graphene to ensure that, as a nation, Australia takes a global leadership position in the realisation of the commercial opportunities associated with graphene and the standards that are applied to its use.
AGIA will pursue a range of outcomes including:
Providing a co-ordinated voice for the companies and research organisations;
Providing a way for the public to understand the benefits of graphene;
Providing reports and analyses to government detailing opportunities for economic development;
Providing a platform for STEM graduates to rapidly identify jobs in the graphene industry;
Promoting the industry of manufacturing graphene-related materials in Australia;
Providing leadership and advocacy to government on health and safety;
Coordinating and developing contributions to standards and regulations;
Curating the most up to date content that references graphene for the benefit of members and the broader community;
Running an annual international conference that attracts business and research leaders; and
Facilitating relationships between various stakeholders engaged in the graphene industry both within Australia and overseas, including bilateral and multilateral meetings and conferences.
We look forward to a strong relationship with AGIA, its members and all stakeholders in the graphene industry in Australia.
Kind Regards,
Simon Savage
Managing Director
Have not found a link…. #IoNiC 🙂 #Best2ALL!
@Ionic Industries Twitter account located:
Updated investor presentation | Ionic Industries Ltd http://www.ionicindustries.com.au/updated-investor-presentation/ via @IonicGraphene 🙂
February Update – http://mailchi.mp/233f249eccc4/new-patent-breakthrough-and-directors-interests-1043517 … 😉
Now Following… 🙂 https://twitter.com/IonicGraphene/status/968753187057487877
Internet of Industrial Materials Conference 2017
(Past but thought it would be of great value) 😉
http://www.imgne.com/conference/
ht ty https://twitter.com/IonicGraphene/status/888284119800532992
GRAPHENE AS A PLATFORM FOR DATA ENABLED INFRASTRUCTURE
WHEN August 17. 17 PAST Starting at 8am till 5pm
WHERE
John Street Hawthorn, Melbourne, VIC 3122 Australia
Swinburne University of Technology – Factory of the Future
Tickets are on sale now. $225
REGISTER NOW
THE INTERNET OF THINGS WILL HELP DRIVE GLOBAL ECONOMY
Keeping up with a couple of new friends:
$VRB
http://campaign.r20.constantcontact.com/render?m=1113583062823&ca=0254d032-e394-4495-be23-6246800b6f98
$ionic
http://www.ionicindustries.com.au/wp-content/uploads/2018/02/Ionic-Investor-Presentation-February-2018.pdf
I could not find a link to this release they just sent, so pardon the long post:
But of course! The good Gr8Full has posted the link above!
https://twitter.com/IonicGraphene/status/968753187057487877
Good job as always Ben!
CCCCF–Small long… US Vanadium Project news…http://www.cornerstonemetals.ca/index.php/news/2018/419-initial-drill-results-confirm-higher-than-expected-vanadium-grades-on-cornerstone-metal-s-carlin-vanadium-project … Gona need Vanadium for all those Vanadium Flow Batteries soon. This deposit is in Nevada and was once owned by Union Carbide Corporation….. Cowboy
hn, wanted to reply to your recent cobalt post regarding who else there might be, but couldn’t find the link on my tablet.
I’ve been watching these 2 for a while, np, both on the ASX, both not so far (on the map at least) from the very productive CLQ/AUZ grounds.
They are VIC and RIR, both very early stage, apart from that I know nothing I can really add, might be to speculative for most here?
Now might not be true that any cobalt in safe zones will come to fruition but it has to be said that cobalt and the FOMO by some appears to be only increasing.
Recent Apple news was interesting and can only add to tying up deals….
$RIR.asx website: https://rivaresources.com.au/ Riva Resources
$VIC.asx website: http://www.victorymines.com/ Victory Mines
Thank you #SecretSquirrel 🙂 Have began DD on Victory; not familiar with Riva #DYODD #NIAIA
There’s a very good map on one if the recent Victory threads on HC.
I cannot cut and paste it on here, as don’t know how to abd it won’t let me. If you cone across it please put up as shows many of the Australian stocksand their locations that we discussing here, inc VIC and RIR.
Best SS.
Here’s a good link re VIC, and it has the map I mentioned!
http://www.nextsmallcap.com/vic-enters-nsw-cobalt-hot-spot-next-door-auz-clq/
SS.
Thanks, Squirrel.
In the last year I have had a pretty bad track record picking really early stage explorers. I am definitely moving towards developers where I am almost certain of the deposit viability. AUZ, ARL and PGM definitely qualify on that criteria.
I like large deposits.
Explorers are very difficult to get right, picking a winning ticket out a hat comes to mind. Inferred? cobalt is a big plus as long as it’s more than just including the word Blockchain or Cannabis in your company name/profile . As you say hn not enough suppliers for the demand, how will these current suppliers when removed leave the increasing demand for the next tier of cobalt supplier?
If they discover an alternative fair enough, but not yet and once big monies committed even harder to turn the big miney ship. FOMO might rule and rightly so, commit now or pay more later or even miss out?
I also see these big SK or Apple type companies help finance those mines and even buy them out or be in the board.
Now Vanadium is the up n coming oil/cobalt, positioning now is brave but might real rewards, I’m far from any expert, just opportunistic fingers crossed bloke,
Best SS.
Cobalt Musical Chairs…off-takes
The AUZ deal in my opinion may set off a real scramble. There are way fewer suppliers than there are customers. AUZ let it be known that they had 9 interested
parties; and they got a good one, SK is a great company. One wonders who the other parties were, and why SK got the nod.
I think a few things stand out. First as SK is a diversified industrialist and a strong counterparty, they are very attractive. Another factor is the ability of SK to take 100% of the Sconi off-take. This makes things simple for AUZ in terms of getting a loan…the Sconi production is 100% sold.
Another factor was the respective timing for the off-take. AUZ will have its hands full getting built in 2.5 years, then ramping up. So 4-5 years to full production.
SK is targeting the AUZ off-take for its new factory, so the needs are similar in terms of supply timing. The destination for the Sconi cobalt and nickel is in Hungary, and is not built yet. And SK does not need to lay out cash for the cobalt until the off-take kicks in, and they can sit tight on the option and let it appreciate. Perfect for them.
So 9 companies looking for nickel and cobalt knocked on the door at AUZ. Some may still be there looking at Thackaringa and Flemington.
If AUZ got 9, I wonder how many CLQ is talking to.
Any thoughts – https://www.utilitydive.com/news/finance-not-technology-could-be-the-key-innovation-for-flow-batteries/517699/
Finance, not technology, could be the key innovation for flow batteries
To compete with lithium-ion, flow battery costs need to come down; insurance could help bridge that gap.
Squirrel…there is tunnel vision by even the enthusiatic EV and cobalt guys.
They are completely mesmerized by the EV movement, which really is visible and very important, of course. But they seem blind to the gigantic explosion in grid battery storage, which will provide big underpinning demand for the same battery materials in the EVs.
There are more chemical formats in grid storage…vanadium, zinc, alu, iron etc. But the majority of new installations are Li-NCM, with vanadium and zinc coming on strong.
Hi Squirrel…I think the key question for investors with a time horizon less than 7 years is:
Which technology and companies can write business and deliver cost-competitive product, within that time window ?
Within 5 years is even better.
The reason is the nature of the customers and contracts.
Big manufacturing will move fast, IF and WHEN the technology is proven and they are certain of supply and reliability. But in the meantime, the customers have to make decisions based on what is existing in the market place.
Put yourself in the position of an automaker or a municipality making a decision on a battery or grid storage solution. It takes years to move on a product or contract. But when the time comes to award a contract or make a product decision, you are going to go with proven solutions.
You cannot afford to wait two or three years for a new technology to be proven reliable and get its costs down. Low cost and certainty of the outcome are paramount, and you have to make a decision NOW.
Most of my working career was in senior management and procurement, in a field much less technical than auto manufacturing, aeronautics, or even metallurgical manufacturing.
Low costs and good terms are important, of course; but the very first things any buyer is concerned about are reliability of the supplier and product quality.
So I would never have purchased goods from a factory that was being built, or from an unproven source. On a small product, OK; on something where we had little to lose, OK; on something with low risk and big upside, OK maybe you can take a chance. But on something big and important ? No friggin’ way.
If there was a problem, the costs would be enormous. Late delivery, or failure to deliver, had huge costs to my business. It was a key aspect of my responsibility to make sure that supplier and products selected DID NOT FAIL and were delivered on time.
If they fail, then ipso facto, the buyer has failed.
My job and the jobs of people I managed were on the line because of choices like this. The success or failure of the business was on the line because of choices like this.
The customers involved must be sure that the risks are reduced as much as is possible. They do not want to take chances. So put yourself in the position of a municipal decision maker for a billion-dollar grid project, or the guy responsible for making sure Mercedes has enough cobalt sulfate for the new electric S class in 2022, or the guy responsible for seeing that Apple has enough cobalt sulfate.
You will have a little different perspective.
AUZ…no position…they had to retract the presentation and news release because they ran afoul of some rules on the ASX. Can’t tell what exactly, it probably has to do with the way they presented forecasted income. On the one hand they show the off-take, but on the other hand the pricing mechanism is held confidential.
Hundreds of posts on HC, and the stock still can’t be traded. Will be going into the third week.
Criminy, the company can’t get a news release published without a hitch, and people are expecting them to build a mine.
How will they instill confidence for big money if they can’t get their news release out smoothly ? Now there is a thread on the director’s track record.
$PGM.asx – 01/03/2018 8:16 AM Appointment of Ausenco as Engineering Contractor for DFS 3 pages 228.6KBhttps://www.asx.com.au/asxpdf/20180301/pdf/43s27w4fsdy1t5.pdf
Long $PGM.asx and $PTNUF
$ARL.ASX, ARRRF Long Both – 01/03/2018 2:49 PM Appendix 3B – Loyalty Option Conversions 9 pages 227.3KB NEW Issue announcement https://www.asx.com.au/asxpdf/20180301/pdf/43s30bbpwyzblb.pdf
$MEI.asx np – 01/03/2018 9:56 AM Investor Update Video 1 page 279.6KB
https://www.asx.com.au/asxpdf/20180301/pdf/43s2lpyh8c31z5.pdf
$NCZ.asx – $NCZ 36 meetings over 3 days. The boys are off to London to keep… https://www.instagram.com/p/Bfv5yAun4Y1zK5S_SnpaQuy6nhEq3C7T2UnIQQ0/ …thx https://twitter.com/KumovaTolga/status/968898275242848256
$CLQ.AX (ow) Up almost 16% in the land down under today($1.35)! Wow! I wonder why.
$ARL.AX (small position) Down .07 Australian dollars today to $1.31.
I’m tempted to switch some Cleantech for some ARL to play the PFS coming out later this month. I was thinking that CTEQF might tread water here for a bit, but now I’m not sure with a monster move like that.
Might hold on for a while to see what is happening.
Going in and out of CLQ is playing roulette. IMO too many catalysts can move the stock without warning.
Right now we could get a take-off announcement; news about a JV with Easpring; which would be accompanied by a Life-of-Mine offtake ; an announcement on the Ionic collaboration; Chinese water contracts; or something from Multotec.
It is also possible that further announcements will be forthcoming on financing, though it is reasonable to expect that this will be held off until the BFS in June or July.
The market recognition of Clean Teq as the premier cobalt/nickel source could also occur at any moment. This depends solely on investor sentiment, which as we all know can change quickly and without notice.
On top of that, even positive announcements from other companies could catalyze CLQ, because that will take another seat in the “musical chair” landscape and create more urgency for those without partners.
So IMO when you go out of CLQ, you are taking a real risk of missing out.
My own attitude is that I regard any urge to cut back CLQ as a self-defeating and random impulse to be resisted, because it is potentially very detrimental to my financial well-being.