To me the problem is that CNQ have too many "irons in the fire". If you look at the portfolio they into numerous areas (albeit in water) and really need to focus on a smaller number of technologies otherwise they overstretch themselves. As I see it ion exchange, Bionex and Graphene membranes are their focus - all the other stuff is simply complications they need to get rid of - right now the focus needs to be on what can (or does) yield positive cash flow - other thing can come along later.
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