CNQ clean teq water limited

I basically agree with you. But I am optimistic that the cash...

  1. 544 Posts.
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    I basically agree with you. But I am optimistic that the cash burn rate will be reduced soon. Willem made it clear in his last presentations: they needed projects as reference and to demonstrate their abilities/technology. So CNQ had accepted (very) thin margins. This phase is over now. The "Lithium JV" will take care of itself - no further cash from CNQ needed according to the investor presentation / webinar from November 2nd.

    CNQ remains a risky investment but offers a very good risk/reward ratio (as said before) - in my opinion.
 
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(20min delay)
Last
22.0¢
Change
-0.010(4.35%)
Mkt cap ! $15.89M
Open High Low Value Volume
23.0¢ 23.0¢ 21.5¢ $10.63K 49.11K

Buyers (Bids)

No. Vol. Price($)
1 15000 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 20000 1
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Last trade - 15.32pm 30/07/2025 (20 minute delay) ?
CNQ (ASX) Chart
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