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CLQ - Clean TeQ Holdings

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CLQ has a interesting move from 0.04 to hightest 0.195 in less than a month. It all started after announcing a Joint Venture with Nippon Gas Co.
 

springhill

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I have had no knowledge of CLQ until I came across their June 2012 presentation.
http://www.asx.com.au/asxpdf/20120627/pdf/42723hlv06wg4v.pdf

Some info on CLQ.

The Company is the Australian leader in providing solutions that reduce air pollution by odorous, toxic and greenhouse gases
The Company is introducing world leading, patented technologies that reduce water pollution by removing salts and toxic materials in groundwater, coal waters, mining waters and wastewaters
The Company has developed, patented and proven world leading technologies that extract, purify and recover valuable metals from ores and sludge in the mining and mineral processing industries

AIR
Biofilter, OdorTeQ ® BioTrickling Filter, Clean RTO - Regenerative Thermal Oxidiser
This division has been the core business of the Company since 1990 providing world’s best biotechnology and
thermal based air purification solutions for odours, toxics and greenhouse gases for municipal authorities and
industries.
Over 150 plants designed and built in Australia and with the growth in Asia the technology can be applied to an
increasingly aware Asian marketplace.

WATER
Continuous Ionic Filtration™, CIF™, High Recovery Reverse Osmosis, HiROx™


This division has developed an innovative suite of technologies for the desalination of brackish water and the
purification and recycling of wastewater to produce high quality water for reuse.
The technology suite has been developed to overcome the inadequacies of conventional water treatment when applied to “dirty or difficult” water sources.
The technology suite aims to exceed the benchmarks for cost, operations, water recovery and brine production

MINING
Clean-iX ® Metal Recovery from Wastes, Leach Solutions and Leach Pulps

The patented Continuous Ion Exchange Technology, Clean-iX ® aims to be the most cost-effective and environmentally sustainable route for the extraction and purification of metals.
This technology uses specific ion-exchange resins in specially-designed equipment to recover important and
valuable metals such as precious metals, base metals, light metals, rare earths and uranium.

Revenue Model includes:
Project based fees
–Delivery of engineered air, water & metal extraction plants
Licence fees
–Fee for the use of its IP for a Field and within a Territory
–Fields
»Air-based IP for Biotechnology and Thermal Air Pollution Control
»Water-based IP for Continuous Ionic Filtration™ Water Treatment
»Mining-based IP for Clean-iX ® Metal Extraction and Purification
–Territories
»Australia
»Japan
»Future territories include North America, South America, China, India
Service Fees
–Fee for service from licencees and joint ventures
Royalties
–Percentage of sales based on its IP
Build, Own and Operate
–Associated Water revenue model


Developments in FY12
FY12 revenue is forecast at ca. $14m, EBIT ca. $1.0m and NPAT ca. $0.7m
Joint Venture Company, Associated Water Pty Ltd (AWPL), commenced with Nippon Gas, Japan
Sold two 2MLD CIF™ plants (value $2m) to Queensland Gas Company
In advanced discussions with a major global mining services company
In advanced discussions with Nippon Gas in Japanese market

FY13 Targets
Air Division
Revenue target of $11m+ for FY13. Already has a strong pipeline of projects under contract.
Negotiate a Licence / JV with Asian partner for delivery of air technologies into Asia and Middle East.
Water Division
Conclude negotiation with major mining services company on water in mining market partnership.
Revenue target for “water in mining applications” of $7m+ in FY13
Commenced discussions and negotiations for technology licence in water technologies for the China and USA regions
Mining Division
Investigate opportunities for technology to add value to stranded resources
Associated Water
3+ mobile and modular water treatment plants servicing the coal seam gas market and treating up to 5MLD
Commercialisation and introduction of brine evaporation / crystallisation technology
Japan Joint Venture
Complete the successful demonstration of precious / light metal extraction technology from waste sludge
Licence negotiated on air and water suite of CLQ technologies for Japan region
Licence negotiated on precious / light metal extraction technology for Japan region

Revenue Mix
•Target revenue growth of 50%+ in FY13
•Increasing air revenue but decreasing as a percentage of the overall revenue
•Increasing water revenue in line with water service model
•No mining revenue is predicted at this time however success in this sector represents a significant upside potential
•Licence revenue is variable depending on countries targeted and type of licence
•Royalty revenue increasing in line with cumulating licences being granted globally

There is eleventy plenty more information in the presentation. What are others thoughts on CLQ's business model and future prospects in an increasingly polluted world?
 

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springhill

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Sale of Subsidiary – UV Guard Australia Pty Ltd.
http://www.asx.com.au/asxpdf/20120628/pdf/427306b6780470.pdf

Clean TeQ Holdings Limited has executed an agreement for the sale of UV Guard Australia Pty Ltd, a 100% owned subsidiary. The sale price is $1.35m plus stock. Contracts for sale were signed on June 28th 2012, with completion of sale in late July 2012.
 

springhill

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Update on Sale of Subsidiary – UV Guard Australia Pty Ltd


Clean TeQ has announced previously on the 28th June 2012 the execution of an agreement for the sale of UV Guard Australia Pty Ltd, a 100% owned subsidiary. The sale price is $1.35m plus stock.


The completion of the sale occurred on the 19th July 2012 with effect from the 1st July 2012.


The purchaser of the UV Guard business is Nubian Water Systems Pty Ltd, of Silverwater in Sydney. Nubian is involved in the recycling of water and the provision of clean water for society’s use. The UV Guard products complement Nubian’s product offerings.
 
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I won't waste too much of your time given that you haven't been interested in the stock for the past 4 years, unless your members name is springhill!!

However, the stock has shot up 350% and not surprisingly so as the volume.

If you are interested in knowing more about the company, then here is the most recent presentation to the market (17th May) - http://www.stocknessmonster.com/news-item?S=CLQ&E=ASX&N=443469

Please Note - Before either buying or selling shares, remember to do your own research...
 

pixel

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Thanks to Wyatt for the heads-up in the Breakout thread. :)
Yes, I am one of those that "do this stuff as it happens", even though sometimes I wait a day longer for increased confidence. Bought the break on today's pullback and am pleased to see some follow-through.

CLQ n 08-09-16.png
 

Rockon2

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Hi Boggo, Sure is. :) The last long entry for me was @ 0.75..
Not just a clean water mob !

Clean TeQ Holdings Limited (ASX:CLQ) is the owner of the Syerston Nickel/Cobalt/Scandium Project in NSW, Australia. Syerston’s unique mineral resource, when combined with Clean TeQ’s proprietary ion exchange extraction and purification processing technology, positions Clean TeQ to become one of the largest and lowest cost suppliers of key cathode raw materials to the lithium-ion battery market – nickel sulphate and cobalt sulphate. The Syerston Project will also produce significant quantities of scandium for the next generation of light-weight aluminum alloys for transportation markets.
 

Wysiwyg

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Clean TeQ’s proprietary ion exchange extraction and purification processing technology, positions Clean TeQ to become one of the largest and lowest cost suppliers of key cathode raw materials to the lithium-ion battery market – nickel sulphate and cobalt sulphate.
CLQ getting sold down on high volume. One old resistance point at 1.15.
 

Wysiwyg

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CLQ capital raising. Plenty of room for existing shareholder dilution. The standard resource stock, billion plus shares on issue, is still achievable.
A$150m underwritten placement to accelerate
development of the Clean TeQ Sunrise Project
  • Underwritten Institutional Placement (Placement) to raise a minimum of A$150m at A$1.15 per share
  • Proceeds to fund early works and long lead items to enable the accelerated development of the Clean TeQ Sunrise Project with the potential to fast track first production by approximately 12 months
  • Placement price represents a 6.1% discount to the last close price on the ASX of A$1.225 as at 7 March 2018
  • Non-Underwritten Share Purchase Plan (SPP) for eligible shareholders in Australia and New Zealand to apply for up to A$15,000 of fully paid ordinary shares at the same price as the Placement
 
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I note the trading halt stated they would resume trading as soon as the capital raising announcement came out. Yet it came out 3 mins after the trading halt was issued? I just wonder if there is infact another announcement to come that will fund the entire project? Off take partner etc?? It seems strange were still in a TH though?
 

Wysiwyg

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The capital raising overnight was "strongly supported by existing shareholders and new investors including leading international and Australian institutions". LOL. Must have had an extraordinary late night meeting and vote. Trading again today.
 

Wysiwyg

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Finally threw some hard earned at CLQ on Tuesday when the price dropped to $1.05 on the previous day (Mon.). Mainly because of the capital raising price of $1.15 being in play. Watched price open and rise to $1.10 with no serious sell orders taking advantage of the bounce. Price came back to $1.08 so bought half parcel of 7000 shares. Placed second buy order for 8000 shares at $1.06 and went out. Came home to see my second parcel had been accepted and sell orders had increased much more.

Mr. Market had caught me high and dry. So 15000 shares at average $1.07 and had to sweat out a further drop on Wednesday to 99 cents before Thursday saw a bounce back to present $1.05. Had an opportunity to sell all at $1.065 for a small loss and be thankful, but I'm still holding.

Take out lesson is to be more patient but didn't see any sellers capitalising on the Tuesday open bounce or forcing price down until after I was committed. I hate that.
 

Wysiwyg

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Hatching an inside day by the look of proceedings so far today.
 

Wysiwyg

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http://www.globalminingobserver.com/cleanteq-inside-friedlands-green-miracle-company-192

Riggall plans to square that circle by spending one to two billion dollars (money he does not have yet), building the world's first scandium mine in a field in New South Wales. Adding 80 tonnes to global supply each year, he wants to jumpstart a new market (that his shareholders will then largely control).
“If you can take a kilogram out of the weight of an aircraft, that equates to about a million dollars of fuel saving over the life of the aircraft,” Sam Riggall says from his office in Melbourne, on a bland industrial park lined with eucalyptus trees on the edge of the city's university campus. “The numbers are huge.”
Riggall's company, CleanTeQ, which is backed by mining billionaire Robert Friedland and Chinese real estate tycoon Jiang Zhaobai, has a team of engineers fine-tuning plans for the mine, which will use self-driving trucks, technology used for softening water and an off-grid power plant to create the world's most futuristic mining operation.
 

Wysiwyg

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Well post capital raising turned into a sharp sell off. Concentrated effort to drive price down to 87.5c with signs of a reversal today back to 93.5c. Macquarie analysts on Monday rated it outperform with a 12 month $1.80 value with a DFS release, further offtake agreements and project FID kicking things off. Project Manager position recently advertised and closing appl in mid May.
Disclosure: 15000 shares hold.

Untitled.png
 

Wysiwyg

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Nice rise to a daily high of $1.16. Typical waiting and anticipation resource stock with plenty of upside with cobalt and nickel demand and low production cash cost.
 

Wysiwyg

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Saved by a MacQ report. That influential thing again (no conspiracy, lol) and been on the wrong side of an analysts report too. Happy to let go at $1.15.
 

Faramir

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@Wysiwyg Do you still hold? I believe Clean Teq has a very big future in China. It's water technology will be in high demand. Also it's cobalt supplies is the highest quality and amounts outside Congo. Lithium batteries need cobalt. I will proper comments later.
I got 1922 shares today @ $1.05. Somehow found a bit of money. On the surface, this looks like a speccy to me but it was included into ASX200 this week. Something right must be going on.
 

greggles

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Clean TeQ sold down on heavy volume over the last couple of days after releasing their Definitive Feasibility Study yesterday.

I haven't gone through the DFS in any detail. Does anyone have any insights into what caused the sell off?

The CLQ share price is currently at 83c and has fallen through all support dating back to August 2017 when 85c served as resistance.

big.chart-CLQ.gif
 

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