CNQ 2.22% 23.0¢ clean teq water limited

Ann: CNQ signs 5-year Distribution Agreement with NESR, page-23

  1. 7,243 Posts.
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    I didn't think I would see mid 70's again so added a few more today after yesterdays news.

    Water remediation/treatment companies are just not sexy at present but with great ESG credentials & a world wide need, IMO it will change.

    These guys of course have the added bonus of actual mining valuable metal extraction as part of the suite of amazing high tech products.

    It seems like it will take a few good quarterlies of info/results for the market to wake up to the potential here, cash flow, growth, margin etc, suites me as I have been able to build up a nice little holding. At present an EV of A$20 Mil for this tech seems like a OK risk/reward.
    .
 
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