SRL 11.3% 47.0¢ sunrise energy metals limited

Anything that is good for the sector is good for Clean TeQ. I...

  1. 331 Posts.
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    Anything that is good for the sector is good for Clean TeQ. I have a lot of $$$ on CLQ and ARL. I was rooting for the AUZ contract to be as juicy as possible. This is the year of the cobalt contract. Everybody is going to want to lock up supply this year, before they get crowded out. The first contract is obviously not going to be the best contract. So far we've seen 20% with Easpring for 5 years, with a life of mine option, that was the first. Now we see 100% for 7 years, with a 6 year option to renew. I suspect the next one will be for 10 years, which is what BMW was talking about wanting to lock up. But make no mistake about it. Dozens of companies need to lock up cobalt supply, and CLQ is talking to many of them, and sometime just after the DFS release, they will make their choice.
    Last edited by ebner: 24/02/18
 
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