And you don't call this below a pump and dump to days prices ??...

And you don't call this below a pump and dump to days prices ??

Also is it true that CLQ's cap ex is $2.2 billion ? Can you run your "special" SOI calculations after the "massive dilution" i'd be interested, honestly.

No ramping ?? you've got a thread over there at the minute "$1.50 by Xmas" really not a whole lot different to here, just mum's and dads hoping to see green just like here on the AUZ forum.

https://hotcopper.com.au/threads/1-50-before-christmas.4879118/page-55?post_id=39993145


nderwritten institutional placement to raise a minimum of $150 million at $1.15 per share.
The company will use the proceeds from the placement to fund early works and long lead items for its Sunrise Nickel-Cobalt-Scandium Project located 350 kilometres west of Sydney.
Background

The Sunrise Project is uniquely positioned as one of the largest and highest-grade sources of cobalt outside Africa.
The project has a proven ore reserve of 55 million tonnes at 0.71% nickel and 0.10% cobalt, sufficient for a 20+ year mine life.
Clean TeQ has already obtained key permits and is targeting the release of definitive feasibility study in Q2 2018.
Fast-tracking first production by 12 months

Clean TeQ’s new expedited development timetable will allow the company to commence production of cobalt and nickel sulphate circa 12 months earlier than previously contemplated.
This will enable the company to take advantage of the rapidly growing markets for these critical inputs into the lithium ion battery industry.
Final investment decision expected in late 2018

The estimated total construction timeframe for the Sunrise Project is circa two years from the point of a final investment decision (FID).
Between now and FID targeting late 2018, proceeds from the placement will help Clean TeQ fund:
• Detailed engineering and design work for the process plant and associated infrastructure;
• Long lead item procurement including deposits for the acid plant, generators and fabrication of special material equipment;
• An infill drilling program to better define areas of higher cobalt grade material, targeting the ability to increase cobalt production over the first 10 years of the mine life; and
• Early site works including earth works, infrastructure, construction camp and utilities.
Opportunity for retail shareholders to participate

Clean TeQ will offer eligible shareholders in Australia and New Zealand the ability to subscribe for up to $15,000 of new shares at $1.15 each, via a share purchase plan (SPP).
The SPP and institutional placement price represents a 6.1% discount to the last closing price of $1.225 on the ASX as at 7 March 2018.

Turn it up all you do is troll and bait....and your not that great at it, every battery stock has been hit hard.

If someone feels the need to troll and bait all the time, what does that say about their character.

Funny thing about the internet in general it certainly has given the weak and spineless a way to be heard and in their own mind feel important.