CNQ 2.22% 23.0¢ clean teq water limited

Meanwhile I had the time to read the annual report completely....

  1. 507 Posts.
    lightbulb Created with Sketch. 114
    Meanwhile I had the time to read the annual report completely. The following extract (page 27) answers your question and is one of the most important parts of the report imo:

    "Outlook

    The Consolidated Entity has a long history in the development and applications of filtration and separations technologiesand now has a strong portfolio of demonstrated technologies and projects that deliver economic and environmental benefitsto our clients.We will continue to invest in these technical developments and at the same time move to a business model where theadvantages and benefits provided by our technology suite can be more adequately monetised. The Company anticipatesa successful year ahead, aiming to boost Company value through several strategic initiatives, including:

    • The buildup of individual business units within the Company focussed on major growth markets. This includes energy metals(lithium in particular), mine tailings, remote communities, and various other water reuse and water purification opportunities.These business units will be powered by Clean TeQ technologies.

    • A lithium business unit, under the banner of the Go2Lithium, will enter the lithium production market. Powered by Clean TeQ’sion exchange expertise, G2L will engage in the further development and commercialisation of our continuous Direct LithiumExtraction (cDLE®) technology. DLE technologies are becoming increasingly important in the lithium industry due to theirpotential to extract lithium from brine sources more efficiently and with lower environmental impact compared to traditionalmethods. Our cDLE® technology is the enabler of pursuing an equity-based business model in this sector.

    • A tailings business unit, powered by Clean TeQ’s ion exchange and ATA® technologies, will enter the mine tailings servicesmarket. We will be offering solutions related to tailings dewatering, treatment, and responsible disposal to minimise theenvironmental impact of mining operations. Additionally, with our technology suite, we are able to offer solutions for watertreatment and resource recovery to address issues associated with mine tailings.

    • The established water business unit will continue its momentum and grow its market particularly within the Australasian regionand remote communities. The current Engineering, Procurement and Commissioning (EPC) model will be gradually moved toa Licencing and Partnering model to enable market reach without overstretching available resources. Our portfolio of deliveredproducts provides reference sites for future projects which will improve the potential for successful sales. We will alsoinvestigate the potential for leveraging our technologies into an equity-based business model.

    • NematiQ, our Graphene Membrane company, will continue expanding its piloting operations in new applications, unlocking newpotential markets for the product. Emphasis will be placed on the scaling up of the production capabilities which may includediscussions with potential partners with skills in both membrane production and marketing."


 
watchlist Created with Sketch. Add CNQ (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
0.005(2.22%)
Mkt cap ! $16.61M
Open High Low Value Volume
25.0¢ 25.0¢ 23.0¢ $822 3.392K

Buyers (Bids)

No. Vol. Price($)
3 9583 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 18000 1
View Market Depth
Last trade - 14.50pm 16/08/2024 (20 minute delay) ?
CNQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.