First of all, a thank you to and a thumbs up for Bomber for the...

First of all, a thank you to and a thumbs up for Bomber for the link and for drawing my attention to it. Even if nothing comes out of the water side of the business, there's a big enough story in the scandium space to make this a Disallowed from the current share price alone.

Anything from the water side is a bonus and $5 is ultimately a very conservative share price should they crack open the Chinese market with the global market to follow given the dire straits the planet is in as far as water and soil pollution are concerned.

As for the $1.20 share price at a market cap of $500m for the scandium side of the business alone that was previously mentioned, it should be noted that the $500m market cap was actually in USD.

At a market cap of $500m USD ($722m AUD) the share price would actually be trading at $1.73 and even that is conservative given how big the market for scandium could prove to be once a stable supply is secured. It'll be like happy hour at the local pub, only in CLQ's case it'll be the only pub selling the beer everyone's looking for as they can't find it anywhere else.

Some people might argue, hang on a minute what about Scandium International? Truth be told they can't extract it for as low a price per kilogram as CLQ can and therefore can't offer the prices on market that CLQ can so the article can talk about the two companies like they're the one and the same, but they're not because CLQ will be massively undercutting the competition and gaining the lion's share of the market as a result.

For anyone who thinks massively undercutting the competition means CLQ ends up with little revenue and reduced profit should also rethink that idea because CLQ are looking at margins of $500+ per kilogram even at its lowest market price.

Talk about being in a sweet spot!