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Clean Energy Transition Inc V.RRS


Primary Symbol: V.TRAN Alternate Symbol(s):  GCRIF

Clean Energy Transition Inc., formerly Rogue Resources Inc., is a Canada-based company. The Company is focused on opportunities to generate positive cash flow, across the energy transition. The Company includes a Quartz division focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Quebec. The silica in high-quality quartz can be used to make silicon metal, a key component in solar energy panels. The Snow White property is approximately 27 km northwest of the town of Massey, 105 km west of the city of Sudbury and 500 km north-northwest of Toronto. The Silicon Ridge Project is located approximately 40 km north of the City of Baie-Saint-Paul, which borders the north shore of the Saint Lawrence River in central Quebec, Canada. The property comprises eight (8) contiguous maps designated mineral claims (CDC claims), which form a rectangular block covering a total area of 462.6 ha.


TSXV:TRAN - Post by User

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Comment by DoctorFouadon May 10, 2016 9:59am
121 Views
Post# 24857296

RE:RE:RE:Lemarcus

RE:RE:RE:LemarcusPersonally I was disappointed by management not disclosing anzaplan HPQ results / purity achieved after beneficiation details. I wish they had done/disclosed all test results and then say : ok we can do all that but we want to concentrate on high value products. Maybe that would heve been a better message to the market, rather than keeping things secret and open to interpretation. But understandably its not their target market, and either you trust or not your management. They cant disclose everything (every plan, every move...) for obvious competitive reasons.

there is always a balance/compromises to be made between what a public company management is willing to disclose-legally obliged to disclose / not willing to disclose-legally allowed not to disclose. There are some public companies that are known to be far more secretive than any private company could ever dream of being (Apple comes to mind, try asking their management : are you developing an electric car ? an electric car progam/AI/online service ? what is your next product after apple watch ?...etc) True a mining company should have very little secret info, but still even a mining company should have some secretive future plans ! that is why trusting management is key, and to trust management they shold be trstworthy, and i believe RRS management are top notch in this regard.

DoctorFouad wrote: Nice theory there about why our management was tight lipped and didnt disclose HPQ results from anzaplan or the technical details of chemical leaching final results (purity achieved). I didnt think about that, but it may be true ! 

They decided after all to target high value silica products and not HPQ (I tried to understand why not any HPQ tests have been disclosed yet they wree mentioned in the anzaplan flow sheet, but management were tight lipped about that). They dont need/wont inclue any possible HPQ results in the PEA (not the target market). So why give it for free to others (to sitec or others) ? maybe in the future they could target HPQ ? 

We know some of the material of RRS is already HPQ material without the need of any beneficiation (drilling up to 99.98% purity), we may get anidea how much in the resource estimate in june. But how much material could be chemically leached to HPQ standards ? Only Anzaplan/management know the answer and they are not willing to share it publicly ! Either they dont want to distract investors (no useless comparisons/polemic comparing business with HPQ / without HPQ) or they dont have a lot of HPQ material (i dont think so, its just a question of cost of beneficiation, we will know more with resource estimate) or they want to keep this as a secret for future potential plans. For now the target market is high value silica products. 



LeMarcus wrote: Of course, acheiving a certain level of production goes along with securing sales/orders.
The target production level won't be obtained overnight (at least, we shouldn't expect it).
Also, depending on various aspects, different treshold of production requires different permitting, to the company would evolve over different permitting stage, but no reason know not to obtain at least a comparable level of operation as Sitec.

Note that Sitec was know to Blast up to 400kt/a at some point and with 40% rejects. Same rejects they are now(or planning) reprocessing with more sophisticated equipments.

From my point of view 40$ CAD per ton profit seems like a reasonnable average for a mix of products we are likely to produce and supply at maturity. As per volume of production, can't tell if there is some kind of "physical" limit but for sure, we can reassonably assume we can do as much as Sitecs in term of tonnage. 

From my point of view, bringing free cash flow into a business, is a very good thing. If one considers that the cash flow can be invested into new projects, doesn't take much money to finance early exploration, and this can drive huge returns. Not too bulish on commodity metals recovery in the short term, but there are some bullish people on the market place. Rogue has a real good Nickel property, and experienced management in the Nickel Business. If prices of nickel recover to an economical level, the property there is in good standing, and not to far away from a production decision. That is of course, just to give one exemple. It could be any mineral, when you have cash flow, you don't have to worry as much about financing for exploration. Easier to raise new money if needed, at a lower cost for SHolders. In any case, if management can secure some decent volume of orders to start the show, that will be a very interesting show to watch on near and long term!

Also, noting that Anzaplan tested one sample and reduce Iron levels with leaching, i would have like to see a more detailed report on chemical anaylsis and characterisaton... but i understand we have Private company as competitors(or future competitors), probably it's a good thing not to give them to many "strategic" details.




pickeral wrote: I have been thinking of this project from the low end of the scale, and keep my potential upside from being too over optimistic, so I would like to know what your best guess for the very LOWEST total tonnage that we may have?
From what I have read next door, they are doing about 250,000 tons a year, and they have been going for over 40 years.
My LOWEST net profit guess is $40 per ton (taking in end product higher price usage and lower usage) on 250,000 tons would give us $10 million and PE of only 5 would give us a very very low guess of a market cap of $ 50 million. Now I know that is very low, but it does give me some comfort on the lowest price that we should be looking at. At the lowest price we are still well below what we should be trading at.
PS to the bashers, please keep your post to some kind of logic that has even a very thin shade of research, as all your other posts are totally illogical and lacking in any form of research.
JIMHO

 




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