CR9 0.00% 0.6¢ corella resources ltd

Ann: Trading Halt, page-11

  1. 192 Posts.
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    Wiffa, Your first para outlines the significant opportunity for CR9 to supply to the:
    • ‘a filament separator for…many of the battery options moving forward; and
    • ‘rapidly growing market for…LED lighting’ of which you have previously indicated there will be a 300ktpa shortfall in 4NHPA out to 2027 (Post #58950327 on 18/01/22)

    The LED market a worthy market to supply to and given what we already now of the resource means the company is significant undervalued.

    The other market (filament separator) and by extension the transition to EV’s etc, a massive opportunity which many companies are falling over to find exposure to.

    This all being true as you state, then from a balanced opinion
    perspective, you would note that CR9 with its quality and quantity of resource is the best placed of any ASX listed company to take advantage and make any current shareholder excited about its prospects, we are a large church and welcome many…even you.

    You and I have previously discussed the point you raise around no commercial offtake agreement to extract HPA from kaolin. As you know, but fail to qualify, kaolin/HPA, it is an industrial mineral
    and there is no open market, so unless you have access to the commercial operations and private contracts of the businesses globally, you cannot state this to be factually correct.

    Even if it were, as you have also previously stated, HPA can be extracted from anything…hell even cow dung you informed us, then what it comes down to is the economics of extracting that will determine if, when a company could obtain an offtake.

    That being the case, rather than come on here and spread FUD for your nefarious purposes, let’s see what CR9 have in there announcement and then make further informed comments.
 
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