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BQE Water Inc. V.BQE

Alternate Symbol(s):  BTQNF

BQE Water Inc. is a Canada-based service provider specializing in water treatment and management for metals mining, smelting and refining. The Company provides operational services for water treatment plants and is a provider of technical services relating to water management. The Company’s technology solutions include metals, sulphate, selenium, and cyanide/ SART. Its metal technology includes BioSulphide & ChemSulphide and Met-IX. Its selenium technology includes Selen-IX and Selen-IX Mobile Pilot Plant. The Cyanide/SART technology includes SART. It provides a range of services, such as water treatment assessment, lab/pilot testing, feasibility and process engineering, project management, commissioning, operations and maintenance, ongoing technical support, and plant optimization. It offers the SART process to remove the metallurgical interference of cyanide-soluble metals and to efficiently recover and recycle cyanide in gold processing.


TSXV:BQE - Post by User

Comment by Lire02on Aug 26, 2022 8:52am
134 Views
Post# 34921963

RE:RE:RE:RE:RE:Good Stuff in Financials

RE:RE:RE:RE:RE:Good Stuff in FinancialsBy my calculations, rolling 12 month earnings now through $3 per share, and looking to be significantly higher as we enter the really productive part of the fiscal year for BQE.

You are correct that the liquidity sucks, but that is usually the problem with small cap companies. However, as the share price rachets up ( as it still tends to lurch from one level to the next) it will attract further, perhaps some institutional , interest. When market cap gets to $65-80 million ( not so very far away should earnings continue on this upward path), the analysts will 'discover' the company and Bob's your uncle!

In the interim, there are a few things the Board and management can do to improve liquidity, though they do seem more focussed on improving operations and profitability. As a shareholder , I would suggest starting out with a sustainable dividend based on recurring revenues, and perhaps an up to 4 for 1 stock split. 

However, I would continue being deliriously happy if they just continue doing what they have been doing for the past few years, and let the share price speak to their performance.

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