Haven't heard the words c RIP IX ( CONTINUES RESIN IN PULP ION...

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11/08/20

23:22

Post #: 46468385
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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.

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Haven't heard the words c RIP IX ( CONTINUES RESIN IN PULP ION EXCHANGE ) FOR ages this technology will make a lot of mines fesabel technology in its self is worth a lot of money please correct me if I am wrong
CLQ Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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