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4.44% 47.0¢ sunrise energy metals limited

Ann: September Quarterly Activities and Cash Flow Report, page-167

  1. RWC1
    139 Posts.
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    22/11/18
    11:07
    Post #: 36599635
    I think you are misinformed here.


    Autoclaves that CLQ bought from Vale were designed to produce 45ktpa of nickel and 2.8ktpa of cobalt at Vermelho. Which with a reserve grade of 1.25% means throughput rate is in excess of 3.5Mtpa. 


    The figure of 2.5Mtpa you are quoting is the development consent throughput. It is unlikely additionaly permitting would be an issue. 
    CLQ Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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