Clean Teq was always considering an equity partner, but it will only be at the dcf valuation not current stock prices. Now the DCF values the company at $1.86. Even allowing for some discount in the dcf due to lower cobalt prices, it will still be valued around 1.50. If somebody comes in on that basis then bam. There will be no purchasing at current share prices.
CLQ: A Multibagger in the Making [2019 Bull Run], page-344
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