G'day Bomber, thanks for your valuable input as well. I know...

G'day Bomber, thanks for your valuable input as well. I know very little about scandium, however I do note that the project is not due for commissioning until Q4 2017. So probably no cashflow from this project until then?
HOA look very promising but in my opinion is still speculative until all is signed and the details are released.
Whilst this is good: "In an earlier life, he worked as second in command in the project generation group at Rio Tinto under Sam Walsh and then Andrew Mackenzie", it seems that this is more about the front end in business development of the project, not actually delivering....however it is certainly nothing to sniff at, this is extremely valuable experience.

You have very valid points Bomber and I daresay that you would have gotten in at a much lower sp...... for my own risk appetite I still see too many variables between where CLQ is at now and steady profits to justify the current sp.