Polly, I could be completely wrong; but one reason I am so bullish and unwilling to go in and out is that I believe the catalysts coming will happen much faster than most people expect, and that some of the catalysts will be completely unexpected.
The FID, off-takes, and financing are due this year or first quarter next year.
That is just Sunrise, as a nickel-cobalt project.
I have been very vocal about the importance of speed to production, and from what I can see CLQ management is of the same opinion.
There are several others I expect this year...speculations, but all based on good circumstantial evidence:
--Vanadium in China.
--JV with Ionic Industries.
--Scandium off-take with a major. Scandium JV.
--Water deals: China, India, Middle East.
--Favorable commodity price changes.
When and if these come to pass, the fall-out will be important and ongoing.
Sunrise...Financing the Mine, page-189
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Last
42.0¢ |
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-0.010(2.33%) |
Mkt cap ! $37.89M | |||
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| No. | Vol. | Price($) |
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| 1 | 4251 | 42.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 1999 | 1 |
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