Marco...it is true that when a vanadium deposit or source is identified, Friedland could create another mining company, or select another mining partner.
But I am not sure why he would want to. Why should he deliver vanadium mining profit to someone other than CLQ, when his own company Pu Neng will be the client ?
How do you think Pengxin and SR and Fidelity would feel about that ? To say nothing of Sallywoofs and Neoarchean. We would be livid.
The thrust of my thinking is that Friedland has no existing vanadium deposit to mine; but has the companies in house to detect, mine, produce, and sell vanadium to. Clean Teq is the logical pick.
The first step will be an announcement with a landholder (or factory with a lot of waste) to develop a deposit. At some point I would expect CLQ to be brought in as the miner.
This is a speculation...but I consider it to be a high probability speculation, based on the facts and motives that we can see.
I do not think such a deal involving CLQ would be announced before the DFS. It would
be too distracting, too off-topic, and we are too early in the vanadium boom for it to have impact. Sunrise is the Priority.
However I would expect a low-key exploration and development announcement about a coal or coke property at some point after the BFS is published and the financing is lined up.
- Forums
- ASX - By Stock
- SRL
- John Kaiser on CleanTeq
John Kaiser on CleanTeq, page-18
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRL (ASX) to my watchlist
|
|||||
Last
44.0¢ |
Change
-0.065(12.9%) |
Mkt cap ! $45.56M |
Open | High | Low | Value | Volume |
45.5¢ | 46.5¢ | 44.0¢ | $17.86K | 39.43K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8741 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 70 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8741 | 0.445 |
2 | 2560 | 0.440 |
1 | 12000 | 0.430 |
1 | 3673 | 0.420 |
2 | 14597 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 70 | 1 |
0.505 | 951 | 1 |
0.510 | 10000 | 1 |
0.515 | 7200 | 1 |
0.520 | 5845 | 2 |
Last trade - 10.18am 04/09/2024 (20 minute delay) ? |
Featured News
SRL (ASX) Chart |