CNQ 5.36% 26.5¢ clean teq water limited

CNQ General Discussion, page-90

  1. 507 Posts.
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    As promised here are the questions and answer from the AGM 2023 in a compressed form. I have received this information (apart from the answer one) from a shareholder who I "know" from X (Twitter) only. So take this with a grain of salt.

    Q1: Is a capital raise planned in this calendar year and - if the answer is "yes" - will retail shareholders be allowed to take part (which will hopefully be the case because I fear major dilution)?
    A1: [..] capital raising is an avenue for achieving our goals and we've not yet reached a final decision on what we might do from the perspective [..]

    Q2: What sales were achieved with graphene membranes in the last 6 months and which industries did you sell them to?
    A2: Under 100,000 A$ (but much more sales expected); sold to textile industry, pharmacy, water treatment.

    Q3: What is the status of Enva- and other "Phosphix"-projects?
    A3: Good feedback, good results. CNQ well positioned for 2026 (when the new regulations apply in Europe)

    Q4: Which technologies (of CNQ) will create the greatest long term value?
    A4: All. Especially cDLE® (continuousdirect lithium extraction) and Tailings Management

 
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