SRL 2.94% 33.0¢ sunrise energy metals limited

Ann: Autoclaves acquired for Syerston Project, page-6

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  1. 1,756 Posts.
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    Right on the money 15, those autoclaves would not have come cheap, even if Vale don't want them anymore.

    How much would one of those suckers be worth ??, let alone the transport costs.

    But the good stuff is: "Their acquisition is expected to significantly de-risk the project schedule.......with delivery lead time for similar equipment being almost 3 years".

    Sam Riggall said, "allows us to significantly compress and derisk the development schedule" ( further boosts CLQ's 1st to market status).

    Also, "saves a substantial amount of amount of capital cost".

    This underlines the value of top quality management and is another fillip for the Syerston project.
    Last edited by McHale: typo 25/07/17
 
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