Cleanteqs mineral extraction technology is now showcased on the...

Cleanteqs mineral extraction technology is now showcased on the CleanTeq water webpage, while the SRL website only briefly touches on them.

The teq part of Cleanteq was what Riggal and Friedland valued, and IMO is what has stalled the patnering process.

VW is now planning to use a hydrometallurgical process to recycle it batteries, which is essentially the same process that SRL will use to recycle batteries.

And Tesla are planning to build their own tech to refine nickel and cobalt, which will almost certainly be another type of hydrometallurgical process.

Both of these companies will spend much more on their respective processes than CLQ was asking for a share of theirs.

The fact that they were not interested in purchasing our teq meant they weren't interested in paying fair value for for the company.

Riggal and Friedland split the companies into the SRL and CleanTeq (water). As they would be happier accepting much lower price for just the mine.

Hopefully this was done with agreements or understandings in place. Riggal, Friedland and all of us won't get our share of potentially valuable teq diluted by a company who wouldn't pay fair value for it, and we will secure funding for one of the largest battery metal mine in the world.

The big test will be to see where those new tenements go.

(This mostly a response to comments
the chart thread, but this thread is more appropriate)