Sally
I don't think so and there is something you have all missed. CLQ's product will be cobalt SULPHATE and nickel sulphate 99% pure because of its technology. Now these trade at a 35% premium to LME cobalt and nickel prices thats $60US a pound for cobalt sulphate and $9 a pound for nickel or 118,000 a ton for cobalt and 18,100 a ton for nickel Now without Scandium that produces a price of 8.98 with a pe of 12 for Clean Teq even after the dilution and there will be no more capital raises that I can see.
Re: CLQ chart, page-575
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $38.34M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 45.0¢ | 42.0¢ | $3.052K | 7.014K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4149 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 300 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| SRL (ASX) Chart |