SRL 8.16% 45.0¢ sunrise energy metals limited

Reality of CleanTEQ

  1. 3,387 Posts.
    lightbulb Created with Sketch. 4561
    @XRC, invest based on detailed due diligence and discussions with management, best not to punt based on what your guts tells you.

    I can't tell you what the share price will do, but here are the facts: .

    CLQ - The largest & highest grade cobalt deposit outside of Africa. 1350 DD holes. 39 year LOM.

    Biggest and highest grade scandium deposit in the world. Partnerships with Airbus, Panasonic and Digital Reality.

    Patented technology ensuring the company is within the lowest cost percentile. Robert Friedland vended into CLQ for one reason - proprietary technology (cRIP Ion Exchange) - to enable lowest cost of production. Costs are EVERYTHING.

    Longest lead item secured - Autoclaves. There is a 3 year wait and $20-30m price ticket for competitors. CLQ is the most development ready and greenest Ni/Co project in the world.

    Nickel, Cobalt and Scandium samples - verified. NB 6 - 9 months processing and purification to reach readiness and industry standard - hard work and flow sheet done. Samples have been verified by Easpring.

    CEO Sam and Co-Chair Robert were responsible for the biggest copper mine in history: Oyo Tolgoi. Jiang Zhaobai - success +++ contacts in China - part of President Xi’s entourage to G20.

    That’s 2 billionaires on the board, not 1.

    Binding off-take with Beijing Easpring - one of the largest cathode makers in China - looking to build cathode Gigafactory on CLQ’s free title owned land.

    Extremely low environmental footprint. Connected to the grid to be powered by renewables. CLQ is located in one of the largest renewable energy zones in Australia.

    Over 1,000,000 oz of Platinium, with the potential for significantly more, drill results pending. Over 100 years ago, this region was the world's largest source of platinium. No one has ever found the primary source (all alluvial mining), but many have postulated that the primary source lies under Sunrise.

    CLQ substantial holders include an $80m Investment from Pengxin. Also have Fidelity & Australian Super backing. None of the substantial holders have sold a cent and they continue to accumulate.

    A top 10 global source of both nickel sulphate and cobalt sulphate.

    Patience is all we need now, because this isn't going to be sold cheap. Financing for the mine will one day be done and once that happens we will hit $2+, but the timing of that is uncertain. It could happen in 2 weeks (is there a leaky boat??), 2 months or 2 years.

    I am in this for the long run, Clean TeQ will one day be a cashflow machine and return a dividend to shareholders. Do the work, trust the work and let management execution prove you right or wrong.

    T.E.P.
  2. 2,608 Posts.
    lightbulb Created with Sketch. 550
    as always, great post backed by facts. Well done @T.E.P.
 
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