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.
$CTEQF In the week before the DFS on june 25th, the stock price sat at US$.80, Upon its release, it pretty much immediately crashed to .60, and has slid down relentlessly to as low as .28 now standing at .33. Looking back, both my diligence for being ready for that DFS, my correct interpretation of what the market reaction would be, plus my quick action all came in to play to save me. I immediately read the DFS as it was released, came to the quick interpretation that the SP was going to be headed down the elevator, and acted immediately to dump 80% of my shares at a price of .69. While I’ll give myself credit for the game saving move, if I really played it like a genius, I’d have taken some profits when the SP was at $1.30, and waited even longer to move that money into ardea.
I am of the strong opinion that Ardea is the far better value right now, and actually it could be the bargain of the decade at 70 billion US$ for a world class massive nickel/cobalt/scandium deposit in an ideal jurisdiction. They also have other interesting properties in Australia. Clean Teq is valued 5x what Ardea is at todays market caps, that is an actionable anomaly. The two stocks traced each other from jan thru august, now Ardea has diverged upward and seems to be breaking out. Todays prices ARRRF 50 CTEQF 33.
What about tax loss selling through the end of the year. Lots of people are underwater with the stocks talked about on this thread. Could put additional downward pressure on them. Long CTEQF
renbycage re $ARL.AX Ardea Resources I think you meant 70 million.
Eric Finlayson, Director of @cleanteq, took up his options and bought 750,000 shares.
http://clients3.weblink.com.au/pdf/CLQ/02051196.pdf …
TY https://twitter.com/MarkSita5/status/1065501455077888000
In passing for those who missed it, Finlayson was also installed as CEO of VRB Energy. Now Finlayson’s background is that he is a GEOLOGIST.
One has to ask oneself why RF would install an exploration geologist as the CEO of a battery tech company.
The main priority for VRB/Pu Neng is to find good sources of vanadium.
This rather peculiar appointment made me pretty convinced that CLQ would eventually play a part in vanadium production.
Now since then VRB/Pu Neng signed a deal with the major Chinese vanadium producer; but I have been unable to ascertain whether that producer actually has mining interests. My suspicion is that they do not, and that both CLQ/Friedland and SRI/Lee Barker are in a horserace to land a deal that can supply the VRB/Pu Neng food chain for vanadium.
$FYI – Nanothings Letter of Intent and IDTechEx Presentation
C&P”Ionic Industries and US-based IoT technology company, Nanothings Inc, have signed a Letter of Intent for development of graphene supercapacitors for IoT applications and Ionic MD, Simon Savage presented to the IDTechEx Show! conference.
Dear Ionic shareholders and friends,
We’re excited to announce that we have signed an LOI with US-based company Nanothings Inc. This is a significant step along the road to commercialising our Origami Supercapacitor technology; it demonstrates clearly who is likely to be our first customer and the extraordinary size of IoT markets we are targeting. The size and Nanothings own network of backers and affiliates also indicates the potential value that this LOI can bring to Ionic.
You can read more about Nanothings Inc, their technologies and partners on their website here: https://www.nanothingsinc.com/
The terms of the LOI cover a range of details about how the technology will be developed and how it might be commercialised jointly. The salient points are extracted below:”
The remainder of this email was back ground info it hadn’t appeared on either web site yet.
#Griffin, You’re amazing. Thanks for all you do for the Gummunity. Happy #ThanksGiving!
Crazy, CLQ is 75% of JV with Ionic. We have a friggin’ tech company and spec miner in one company.
Ionic > More of what Griifin posted above:
————————————————-
COOPERATION IN THE DEVELOPMENT AND IMPLEMENTATION OF SUPERCAPACITOR ENERGY STORAGE TECHNOLOGY FOR USE IN IoT APPLICATIONS
BACKGROUND
Nanothings has proprietary technology for printed circuitry and sensor tags, firmware, and software that enable disposable, long range, low cost applications in numerous industries.
To progress this technology, Nanothings requires an energy storage solution that is not currently available in the open market.
Nanothings also has significant market access for its technologies through relationships with major IoT companies including Semtech, Sigfox, Senet, M2Comm and MachineQ.
Ionic has proprietary technology in the field of graphene supercapacitors that we are confident has the potential to meet the performance requirements of Nanothings’ devices. Some further development work is required to produce a prototype device that specifically meets Nanothings requirements.
OBJECTIVES OF THE COLLABORATION
There is a rapidly growing global demand for IoT technologies. Nanothings and Ionic have valuable intellectual property, relationships and manufacturing capabilities relevant to IoT technologies and the objectives of the collaboration are to develop an energy storage solution that will enable a new generation of IoT tracking technologies based on Nanothings’ proprietary NanoTag devices.
SCOPE OF COOPERATION
We have identified areas of common interest for cooperation including:
Exchanges of information about IoT applications, specifically Nanothings NanoTag devices;
Exchanges of information about methods of manufacturing, handling and applying graphene-based supercapacitors;
Identification of commercialization opportunities, including markets, customers and commercial partnerships;
Development and protection of intellectual property in the field of graphene-based supercapacitors and IoT applications;
Opportunities for manufacturing devices to improve overall efficiency in the delivery of NanoTags devices to market
Identifying further areas for collaboration around the scientific and engineering disciplines associated with graphene-based supercapacitors in IoT applications; and
Planning for future commercial arrangements relating to incorporation of Ionic energy storage technologies into Nanothings NanoTag products.
The agreement sets out a path toward a commercial arrangement that will ensure seamless integration of Ionic technologies into Nanothings devices to deliver maximum value for Nanothings and Ionic.
The next step involves delivery of prototype devices to Nanothings in January, followed by commercial negotiations and further development of the manufacturing strategy.
————————————————-
We’re really excited about this development and look forward to seeing our devices deployed in a novel application that can only be serviced with our technology, addressing enormous markets and with the potential to deliver enormous value to our shareholders in the relatively near term.
ID TECHEX PRESENTATION
On 15 November, Ionic Industries Managing Director, Simon Savage joined Ionic Research Leader, Prof Mainak Majumder to address the IDTechEx Show! conference in Santa Clara, CALIFORNIA. The conference focused on a range of technologies and markets including 3D printing, electric vehicles, energy storage innovations, graphene and 2D materials, IoT applications, printed electronics, sensors and wearables.
Our presentation on graphene micro planar supercapacitors (MICRENs), delivered in the showcase Exhibition Theatre, was well received and we’ve developed a number of leads to follow up on, particularly in regard to collaborations on developing our MICRENs technology. You can see the presentation here: http://www.ionicindustries.com.au/idtechex-presentation/
Best
Ionic November 2018 presentation pdf: http://www.ionicindustries.com.au/wp-content/uploads/2018/11/Ionic-MICRENs-for-IDTechEx.pdf Best
Latest presentation from Ionic
http://www.ionicindustries.com.au/agm-presentation-november-2018
Long… but there is no public market. May have relevance re: CLQ capabilities. CLQ has 75% of the JV.
Happy Thanksgiving everyone !
$LNZCF Sama Resources news
http://samaresources.com/news/sama-reports-on-the-completion-and-opening-of-srg-graphites-on-site-metallurgical-laboratory/
Speculation in a Friedland-related West African exploration/developer. Sama has a good property and owns 35% of a very good graphite prospect SRG.
I am long
Ivanhoe Capital…new headquarters in China
Friedland’s upstream capital company Ivanhoe Capital has opened a new HQ
in China. So for better or worse, Friedland is mostly aligned there, as we have noticed from many of the agreements and alliances.
I think this augurs success for his companies, although I have not as much confidence in what it may mean for shareholders.
For what it’s worth, the sign on the building headlines three of Friedland’s companies:
PU NENG is top billing (VRB ENERGY)
CLEAN TEQ is listed second
HPX is listed third
As you are probably aware: the only one of these companies in which we can make
stock investments is CLQ. Long.
An indirect speculation through Sparton Resources gives some exposure to Pu Neng . I am long
HPX is an exploration tech company, Friedland will use them to map his projects.
HPX equipment is being deployed at Sama right now and was employed in Cordoba. No position in Cordoba.
$CLQ and lithium…I have noted in the past that in their menu of extraction targets,
CLQ did not list lithium; and I speculated that CLQ was able to extract lithium, but for various reasons did not elect to promote this, because the lithium market dynamics were unattractive.
There has been some confirmation of this recently. In recent comments about lithium, Friedland downplayed the importance of lithium, citing its relative abundance. He remarked that a couple of Australian mines could supply the entire world demand.
But at the same time, CLQ is making some headway on lithium extraction, I think because of new filtration technology they have acquired recently via Ionic Industries and Monash.
What I believe this will result in is that Clean Teq will extract lithium and become a producer, but will do so primarily from brine and water projects. So lithium will likely enter the growing roll of CLQ targets, but CLQ will not open lithium mines. CLQ will produce lithium so “en passant” as a by-product from of water and reclamation projects.
VRB-Pu Neng power install
From awarding of contract to commissioning took 13 months.
http://www.spartonres.ca/news/press-release-oct-31-2018/
Interesting that Sparton Resources posts VRB news releases on the Sparton Resource website.
Crusty old geezer sitting on a fortune
http://www.spartonres.ca/news/sparton-update-nov-2018/
Here is Lee Barker, an old-time geologist who got 18% of Pu Neng. He won’t give up on his dreams of glory for gold in Canada. I think he is a little cock-eyed for dribbling away money on gold exploration in Canada, but the guy sits on the board of Pu Neng and has 18% of the company.
Note he is independently pursuing vanadium mining contracts in China. Probably sticks in RF’s craw, but if Lee can get the deals before RF does, Pu Neng will buy from him…I imagine.
I am long Sparton Resources but caution others, it is a speculation with some real downside.
Quintessentially Nickel and PGMs
https://www.nornickel.com/upload/iblock/1b3/Quintessentially_Ni_and_PGMs.pdf
Thanks, Squirrel.
Pretty interesting, although one doesn’t know whether they are good forecasters or not. Interesting tid-bit…mentions that in their opinion there are seven new Australian projects that could be on-line by 2025…referring to nickel.
One topic I was surprised that they neglected was the quantification of the relative
splits in production between nickel that is suitable for batteries, and that which is not. The impression was created that the nickel needed for stainless steel was still the driver for nickel demand.
My assumption, based on anecdotal figures I have heard here and there, is that the nickel that is suitable for batteries is less than 40% of world production. On the other hand, the battery business should provide most of the underlying demand growth. So the supply-demand equation for nickel in the form of NiSO4 could really be out of whack.
Their forecast shows nickel supply-demand in balance until 2021, when there starts to be a significant deficit. We will see.
I’ve been temporarily muzzled again down under.
Happy holidays !
The Grand Strategy of Robert Friedland
Taking a step back and surveying the landscape, one has to be impressed with the vision, strategy, and implementation of Robert Friedland’s current strategic vision. The main elements are:
1. ENERGY METAL TARGETS…Friedland has targeted major ENERGY METALS, or metals that will play a role in battery technology or light-weighting of transport, namely
copper, cobalt, graphite, platinum, palladium, scandium, zinc, vanadium.
Plus water.
2. He has approached the extraction and mining business with advanced, leading edge TECHNOLOGY both in detection, survey, and production.
3. The same technology that will be applied in mining, will be leveraged in WATER PURIFICATION, a sector with virtually unlimited potential
4. He has established unsurpassed RESEARCH AND DEVELOPMENT partnerships
5. He has deep ties to major world MANUFACTURERS, INDUSTRIAL CONGLOMERATES, and SOURCES OF FINANCE
6. He has a strong alliance and the support of CHINA
7. He is an exceptional manager and is a talented and inspirational LEADER
***
Yet this year, my portfolio value is down substantially.
So be it; these stocks do not move up and down when we want them to.
I have always said I am a long term investor. And the fact is, the prospects of both Clean Teq and Ivanhoe Mines are far superior and more certain than when I first entered them.
The politics in the DRC and South Africa worry on Ivanhoe; and one can be worried about China. But these factors were present from the start, they have not changed.
In the end, Platreefs and Kamoa and Kipushi will be producing
at very profitable levels; and their will be huge numbers of power installations and vehicles using metals from Friedland’s mines.
Long CLQ, IVN
Speculations in SRI, Sama, and Ionic Industries
One other thing about Friedland’s strategy: He wants the biggest, richest deposits with the best geology. If it isn’t going to be big and profitable, he is not interested in the deposit. The geology trumps politics.
Politics comes and goes. The geology and size of the deposit does not change.
Sometimes the politics messes up your timetable; but politics will not change the deposit.
HN good to see you spending some more time here. Through all your posts on $CTEQF I’ve seen what RF is building a very large conglomerate which in itself presents an obstacle to over come for Investor Relations. IR to their credit has upped their game a bit in the last year by posting third party news releases. More has to be done if we are going to see a move in the share price before financial reports with a positive bottom line do up the SP.
The market caps on these companies is incredibly low…CLQ, ARL, any of them. I understand the skepticism in general on mining in-ground speculations…these companies have to raise huge capital, and there is usually deposit risk that seriously calls into question the underlying value.
Even where Robert Friedland or high-tech exploration and experience are involved, these projects can shoot blanks on the deposit…like at Cordoba and South Voisey’s Bay.
***
Taking my own mental review, thinking out loud; not especially trying to persuade anyone but myself:
There are five potential problems at CLQ:
(1) The high capex, there is still some finance risk.
[The construction risk is capped. Deep pockets all around. ]
(2) the domination of the Chinese.
[They can game corporate, finance and stock price. Friedland’s independence has been sacrificed for the financial potential. No way around it. But the Chinese will support the company, and the deposit is in Australia ]
(3) process not meeting expectations.
[Based on their extensive experience, I believe it will be satisfactory. There are indications they may have made modifications to the plan. Either way I am confident the mine will produce.]
(4) long term price depression of the targets.
[Short or medium term, could happen. But long term, I don’t believe it]
(5) CEO’s health
[Ordinary risk, a lot of companies have this problem. It is not unique to CLQ]
If one looking at the cash invested in the company recently, it is pretty absurd…$80 million from Pengxin, $150 million from the cap raise, that’s over $200 million cash. They have about $130 million on hand.
No deposit risk…that’s number one.
Commodity price upside all around.
Unlimited potential in water.
Graphene applications coming on.
Clear plans in place that will capitalize on new materials, scandium, vanadium
Proven ability to hit other targets, like uranium, gold, copper, lead, zinc, lithium, and other rare elements.
We have a technology materials company
specializing in battery materials.
Staying long. May add. I am going to try and not worry about it, until Sunrise is in production.
Speaking of lithium and vanadium, Queensland’s world-beating battery will be four times bigger than South Australia’s
https://stockhead.com.au/resources/queenslands-world-beating-battery-will-be-four-times-bigger-than-south-australias/amp
For us the question is “What are the metal components in the battery storage ?”
The article mentions “lithium ion”, but usually this is shorthand for nickel-cobalt.
As long as the nickel-cobalt formulations are still winning in contracts, we can be pretty confident that demand for the respective sulfates will keep growing.
Note there are a few varieties, nickel-cobalt-manganese,
nickel-cobalt-aluminum, etc. and the ratio of cobalt to nickel can vary. .
I expect to see zinc-air and a few others like vanadium redox popping up from time to time. As long as these are the winning battery storage chemistries in the big projects, everything is OK as far as mineral targets for battery materials.
One outlier is the ferro formulation at BYD. No way to get ahead of that one, that I can think of. But it is confined pretty much to one firm who owns most of the patents.
https://www.afr.com/business/mining/friedland-bypasses-lithium-for-cobalt-nickel-20181119-h1838a
https://www.australiantenders.com.au/tenders/359945/clean-teq-sunrise-project-co-generation-power-plant/
$FYI – Cobalt Miners News For The Month Of November 2018
by Matt Bohlsen @sa – Includes: AEOMF, AMSLF, ARRRF, ARTTF, AZRMF, BBBMF, BH
Summary
Cobalt spot prices were slightly down in November.
Cobalt market news – Uranium levels force Glencore unit Katanga to halt cobalt exports.
Cobalt miners news – Australian Mines delivers their BFS and Cobalt 27 to buy back their stock.
https://seekingalpha.com/article/4224404-cobalt-miners-news-month-november-2018?isDirectRoadblock=true
$CTEQF $ECSIF long
Ionic Industries AGM link >
AGM Presentation – November 2018
By simons / 2018-11-27
Ionic Industries held its Annual General Meeting on 26 November 2018. We had a large group compared to previous years who were all highly engaged at the meeting. The company provided a range of updates that were very well received and generated a lot of excitement in the room.
You can download a copy of the presentation here: AGM Presentation
http://www.ionicindustries.com.au/agm-presentation-november-2018/ Best
Fgr Asx if anyone is keen on graphite/ graphene, spend some time on researching.
Just starting to make some inroads.
It could be a world leader within 24 mths, in its field.
DYOR/DD
Totally agree williamstown!
They have accomplished actual SALES! That little word has been missing in mostly all of the Graphene companies.
EUC ASX AGM held today, it was quoted that Rob Jewson and Tolga both expressed their absolute confidence, in EUC, proving the commerciality of the project in Dobsina, during the 2019 year.
They also have been quoted as saying, they have received many inquiries from vehicle makers, which as you can gather, would be run of the mill for all Co explorers.
If they do happen to realise a commercialised project, this is fantastic news, considering the land holdings they hold.
Many up and coming small companies, and larger ones too, have been hit hard during 2018.
Some of them, have excellent medium term credentials, if they can prove up their projects.
DYOR/ DD
$SER:ASX lp
I just wanted to share my experience with SER with you all. I bought into it trying to “back into” Ionic, as SER owns 15% of Ionic. HN made an excellent bet on buying into Ionic directly, but I could not afford the challenge, so I bought SER instead, at .004 cents a share. Laughable, I know, but I got “in”.
Funny about getting into a company with a lot of irons in the fire. I also knew of their talk of supercapacitors, and a little mining venture or two. Seemed to be going nowhere except liking living at ground level.
BHP just announced a potential new iron oxide, copper gold mineralized system in the same belt as a few other companies….including SER. Companies have been buying into and all around this area as a result.
I just purchased more last night at .007 , and I will continue watching and waiting for hopefully, a nice ride, with possibilities in a couple of areas, including Ionic.
DYOR
https://hotcopper.com.au/threads/bhp-copper-discovery.4555139/#post-36705937
This type of company, I think it is best to buy and forget about it. They are almost impossible to follow on a week to week basis…there is usually no news and it is a long-term long shot. It’s not like a miner who may hit a rich deposit at any moment…you know it is going to take years for it to work out, if it works out at all.
Oh I think it is a rich deposit or RF would not be wasting his time. They should be producing in a few years time. Why the tears? There will be news of funding in the next few months. Aussie Super a retirement fund loves us! RF loves us. China loves us. Fidelity loves us. Follow the money..
Hey HN….That was/is my thoughts for buying into it now. HAs it ever worked for me before? NO. BUT……my others didn’t have multi possibilities for “enrichment”. Heh….it may only work after I’m gone, and the estate gets the money!
https://twitter.com/i/web/status/1069000279868104704
I have brought up MIN or EXMGF before. It’s copper. They now have all permits done and full funding. A little DD….
https://aus.amegroup.com/Website/FeatureArticleDetail.aspx?faId=567
Our stage 1 – 25 million pounds is what? $50 mill plus the $8.4 mill JCM for $2.33 per pound installed capacity.
Stage 1 going to stage 3 is $300 mill/100 mill extra pounds? So $3 a pound installed capacity for expansion.
Average installed capacity is therefore less than $3 per pound.
And to boot – each one of those installed pounds for Excelsior has probably almost double the margin per pound of others who may be in a position to come to production.