OTCQX:SREMF - Post by User
Comment by
reeJoeyon Jan 09, 2018 11:05pm
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Post# 27319874
RE:Seeking Alpha Today
RE:Seeking Alpha TodayGotta Love this passage--Clean TeQ, the best example to make his point--forget Tesla stock, buy CLTQF/CLQ! "
Just compare the valuation of Tesla to Clean TeQ Holdings (OTCQX:CTEQF), an Australian junior miner, with a promising cobalt, nickel, and scandium deposit in New South Wales. Tesla is unprofitable, whereas Clean TeQ's Syerston [renamed "Sunrise"] Project will generate free cash flow (FCF) margins exceeding 40% at current metals prices. Clean TeQ trades for only 2 times the FCF it is likely to generate in its first year of production (2020). My point is that high quality miners can generate profit margins that compete with tech companies, whereas auto manufacturing is a highly competitive, low margin business."