SRL 3.85% 37.5¢ sunrise energy metals limited

Where is the bottom ???, page-110

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    http://www.sydneyminingclub.org/presentations/2018/july/cleanteq/index.html
    Slide 14 - Opening Quote ... what are peoples views on this comment ?
    He is acknowledging the market reacted badly to the DFS
    Reason why so many people came: I think because potentially this is a very exciting company.

    Yes it is easy to be a naysayer cherry picking quotes out of context. Take slide 11 someone took umbrage where SR says this is more like a landscape gardening exercise.
    He went on to say: "The mining is not the challenge, it is the chemical processing that is the challenge."

    Slide 18:
    You have to listen to the whole slide where SR explains why the capital cost has risen to 1.5 Billion --- additional capacity ----- we are building a plant here that is a natural recycling plant ----that is potentially a whole new industry for NSW.

    Recycling plant, now that is exciting.

    Slide 24 Financing worth a listen.

    Slide 25
    "Assuming getting funding done late this year early next year" --
    left a few question marks for me. However this has to be taken in context of slide 24.

    I think "Assuming getting funding done late this year early next year" added to volatility, does one sell some and buy when the SP has gone down, risking an ANN for an Off Take Agreement unexpectedly being announced, or a CleanTeq water being Announced.

    Also an alert for me a couple of days ago was in fact because RF bought more share, No ANN for a couple of weeks?

    All in all I think the company has a lot to offer. A good long term investment. Short term, see what the next ANN brings.

    I remind myself the current MC is $546 Million, the number of shares is 580 million. They have already spent 200 million. Check out all the work that has been done.

    It's shovel ready.

    Is the price good bad or indifferent, I suppose that is an individual investment decision but all in all I am pretty happy.

    There is going to be a good story for this one.
 
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