"Young, Croker, AUZ payment, gold assets..." Young has been on...

"Young, Croker, AUZ payment, gold assets..."

Young has been on the cards for 10yrs+ still trying to perfect Ni extraction and waiting for Ni price to rebound. Yeah has low grade Cobalt which could be of some credit.

Crocker, sounds like he has been successful in previously roles and looks like he could get the company on track.

AUZ payment, $500000 already received, AUZ option to pay $500000 in March 2018 and then the remaining $4m September 2019.....but then Flemington is gone. Until such time as AUZ starts production and then a 1.5% royalty applies.

Gold assets, well the potential royalty payment buyback would be great, however the mine has not restarted and no royalty income has ever been seen, but apparently Duncan Purcell said the Chinese are very bullish on this one so we will have to wait and see. Whichever way they decide to go.

So you really can't compare CLQ's market cap to JRV as once the $5M is fully received they won't own Flemington anymore.

It is what it is.....