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Klue

7,186 Posts.

447

19/01/15

06:38

Post #: 14602320
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Originally posted by GobbleDok ↑

Only just realised no-one had tipped CLQ.

So here goes my first tip.

Entry for STT.

CLQ- Water treatment, resource recovery technology and biological air purification. Melbourne, Aus- Market Cap-33mill. SP .11c

Proprietary continuous ion exchange technology for the treatment of water that gives savings of around 30% cost compared to competitors.. They recently had Robert Friedland come on board as a major shareholder and soon acquired a scandium mine from Ivanhoe. Signed a heads of agreement with SIDRI in China which will potentially lead to a JV(CLQ 45%) for the deployment of the CLQ continuous ion exchange technology to be rolled out across China. China have allocated $98 billion for 172 key projects in water conservation. Due diligence on the JV with SIDRI must be well advanced and an announcement to market should not be far away.

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Shares on issue- 300million. Recently completed Cap raise (Dec12th) for 2.35million. Tip for FA.

Last edited by Klue: 19/01/15
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