Clarification to Prisoner also posted on wrong thread:
Pu Neng is a VRB manufacturer. Pu Neng does not want to be a miner, they are a tech manufacturer VRB. But Pu Neng needs a source for vanadium.
So CLQ may JV with the Chinese deposit owner, likely a coal miner or somebody who has burned a lot of coke and coal and has a big ash pile.
So CLQ could be producing vanadium and selling it to Pu Neng and to other VRB manufacturers.
CLQ would be a vanadium miner with a very fast track to production and a secure take-off partner.
A. Friedland has the contacts in Hubei and China, plus Pengxin to help move things along. I've posted his comments. There is your deposit. The negotiation with the deposit owner shouldn't be too tough. Coal and petro is on the outs, they are getting shut down by the politicians and environmentalists, and everybody is screaming at them about their waste pollution.
B. Friedland controls CLQ. There is the miner to do a JV deal on the deposit or acquire it outright.
C. Friedland controls Pu Neng, who needs vanadium off-take.
Bingo.
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