@RagingBullCap: BQE Water $BQE.V Deep Dive

Apr 26, 2024

The podcast covers a deep dive into BQE Water $BQE.V with insights on its business model, multiple catalysts, and low float. It explores the company's growth, operational transformation, and revenue impact of key projects. There are discussions on the competitive landscape, strategic acquisitions, and the evolving mining sector towards sustainability. The episode also delves into the economic aspects of BQE services, labor inflation, regulatory compliance, and investment opportunities in the mining industry.

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INSIGHT

Investing by 'Circle of Competence'

Ben does not use screeners but relies on extensive reading and pattern recognition to find good investments.
He only invests in businesses that "click" with him, focusing on quality and management he can hold long term.

INSIGHT

Intuitive Investing Edge

The notion of "circle of competence" is more nuanced, often just a feeling of what resonates intuitively.
Successful investing often involves recognizing what clicks rather than relying purely on formulas or metrics.

INSIGHT

BQE Water's Business Model

BQE Water provides water treatment technologies for mining companies, a service mandated by increasing regulatory scrutiny.
Their model includes consulting early in mines' lifecycle and receiving high-margin recurring royalties on water treated during mine life.

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I'm excited to share my conversation with Raging Bull Cap on BQE Water $BQE.V.

DISCLAIMER: I DO NOT OWN SHARES IN $BQE AS OF THE DATE OF THIS PODCAST OR AT ANY POINT BEFORE THE PODCAST. THAT COULD CHANGE IN THE FUTURE AND I WILL PROBABLY BUY SOME SHARES ON A PULLBACK IF I EVER GET ONE. DYODD PEOPLE NONE OF THIS IS INVESTMENT ADVICE.

With that out of the way, I think you'll love this conversation. BQE is right up my alley and a perfect way to play the metals and mining cycle. It's a picks and shovels water play with low float, decent insider ownership, and an inflecting business model with multiple near-term catalysts.

Raging Bull does a great job breaking down the thesis. If you like this podcast and want to learn more about him, check him out on Twitter/X @RagingBullCap or on substack ragingbullinvestments.substack.com.

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