SRL (ASX) Robert Friedland

Originally posted by T.E.P.: ↑

@Electrification,

Thanks for the tag -- hope you are well. I have been enjoying reading some of your recent posts on CLQ, excellent research. Keep up the great work. Here are some facts for shareholders to consider:

Robert Friedland (mining legend) has not sold a cent in CLQ since the very start (nor have the other cornerstone shareholders: Fidelity, Australian Super, & the Co-Chair)
If Robert Friedland was to sell, this would have to be notified and released on the ASX as an announcement, given he is a substantial holder
CLQ management (Ben Stockdale) confirmed to me recently that RF is actively marketing the company to those in the know and that he remains highly supportive of the project (of course he is -- he is the largest shareholder)
Early this year, RF made references to CLQ in two of his recent presentations, including an Ivanhoe presentation (slides from the presentation can be accessed via the Ivanhoe website, the reference is at the end of the presentation) and a PDAC presentation (see the audio recording below - this is part 2/2, listen to the CLQ reference from the 48th minute mark onward)
In the Rick Rule interview (posted in an earlier HC post), Robert Friedland made reference to clean water as a key challenge of the future. The only private investment of RF involving water is CLQ. Clean TeQ have a world class portfolio of water treatment technologies that are in the process of being commercialised, including the GO Membrane.
In the most recent CLQ ASX announcement, the company made reference to the ultimate goal of Clean TeQ to use the world class cRIP Ion Exchange technology to unlock a portfolio of nickel laterite mines globally. CLQ made specific mention of mines. Note the plural.
In the Rick Rule interview (Sprott), RF made specific and repeated reference to exploring the US for new nickel laterite deposits stating that this is an exciting space and to watch and wait.
At the 2018 AGM, Robert Friedland confirmed that his long term ambition was to use the cRIP IX (continuous resin in pulp ion exchange) technology to unlock an entire portfolio of nickel laterite mines around the world. Nickel laterites aren't super popular at the moment because they are often not as cost competitive as nickel sulphide deposits, but the world is quickly turning to nickel laterites given that there have been no major nickel sulphide discoveries for a long time and that class 1 nickel demand is about to moonshot. Robert Friedland has always had a knack of seeing 10 years into the future.

The class 1 nickel market is going to go absolutely ballistic over the next few years and beyond. This is a nice stock for the back pocket. Let the EV revolution play out. Let the Scandium story play out. I'm personally in no rush. Sunrise will come to a cinema near you. Buy your ticket when no-one wants one and then be patient. This is not a stock for a quick buck. It is a stock for substantial long term wealth creation.

Eventually the time will come when everyone is once more scrambling for a ticket to the Sunrise show.

Good luck,

T.E.P.

Expand

"use the world class cRIP Ion Exchange technology to unlock a portfolio of nickel laterite mines globally. CLQ made specific mention of mines. Note the plural."
When you last raised this conjecture, I pointed out your selective reading of the text. The simplest and most plausible reading is Sunrise will be the first mine to use the technology and other (non-CLQ operations) will follow.
With Sunrise far from a done deal, talking of this company opening other miners is bizarre in my book, and it has the opposite effect to instilling confidence.

No.	Vol.	Price($)
1	997	42.5¢

No.

Vol.

Price($)

997

42.5¢

Price($)	Vol.	No.
44.0¢	85	1

Price($)

Vol.

No.

44.0¢

No.	Vol.	Price($)
1	1500	0.420
1	25000	0.395
1	14705	0.340
3	12000	0.330
1	5000	0.320

No.

Vol.

Price($)

1500

0.420

25000

0.395

14705

0.340

12000

0.330

5000

0.320

Price($)	Vol.	No.
0.440	85	1
0.450	4000	1
0.455	22500	1
0.460	21509	1
0.465	17263	1

Price($)

Vol.

No.

0.440

0.450

4000

0.455

22500

0.460

21509

0.465

17263

(20min delay)
Last 42.5¢		Change -0.030(6.59%)		Mkt cap ! $38.34M

Open	High	Low	Value	Volume
43.0¢	46.0¢	42.5¢	$12.59K	28.67K

"use the world class cRIP Ion Exchange technology to unlock a...

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Emyria's Empax Centre chosen for mental health clinical trial

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Cultural heritage agreement puts Walford Creek exploration back on the map

Strike Energy secures $153 million for Perth Basin gas projects

Belararox delineates another porphyry in Argentina at Tambo South

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Frontier Energy achieves key milestone for Waroona energy project

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

"use the world class cRIP Ion Exchange technology to unlock a...

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Emyria's Empax Centre chosen for mental health clinical trial

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Cultural heritage agreement puts Walford Creek exploration back on the map

Strike Energy secures $153 million for Perth Basin gas projects

Belararox delineates another porphyry in Argentina at Tambo South

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Frontier Energy achieves key milestone for Waroona energy project

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News