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Clean TeQ Water Limited (ASX:CNQ)

ALERT: Price-sensitive ASX Announcement for CNQ
Current share price for CNQ : $0.445 0.035 (8.54%)+
Announcement
Release
27 Oct 2025 8:42AM
Price at Release
$0.410
Full Release
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Summary
Clean TeQ Water Limited reported steady progress in its operations and financials for the quarter ending 30 September 2025. The company successfully advanced its water treatment technologies, including the U-Column Enhanced Desorption system and the DESALX® water treatment system in Europe. The Townsville Water Recycling Project achieved practical completion, and significant progress was made in the PHOSPHIX® phosphate removal plant. Financially, the company saw a substantial increase in cash receipts from customers, resulting in a total cash reserve of $3.4 million. The report also highlights successful project milestones, increased cash flow, and strategic deployments of its proprietary technologies like cDLE® in the Middle East. The document stresses the company's commitment to meeting global water regulations and supporting sustainable practices.
Key Points
  • Successful commissioning of U-Column Enhanced Desorption system.
  • Practical completion of Townsville Water Recycling Project.
  • Design completion and procurement for DESALX® system.
  • Progress made on PHOSPHIX® phosphate removal plant.
  • Commercial deployment of cDLE® plant in the Middle East.
  • Total cash received in the quarter was $6 million.
  • Cash reserves increased to $3.4 million.
  • Positive net operating cash flows of $0.8 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.