My personal opinion is that SRL's chances have improved recently. For me Q P M has been the biggest competitor who offered a better price (not for Nickel and Cobalt but for a stake in the company) and better ESG features. I speculate that GM was in promising negotiations with Sam (which made him so confident in 2022), but later walked away and invested in Q P M. Hence I invested in Q P M and instead of bathing in $ I am currently bathing in the Red Sea (sold with a loss of approx. 50%). I reckon that Q P M's Tech project will be postponed or never happen. By the way: as a friend of mine is invested I do hope that it will happen.
Sam has reported "renewed interest". I speculate GM is back in the game. Sam's strategy to combine an offtake agreement with a significant equity investment at project level may finally succeed. So if Q P M fails then SRL might be the choice of Q P M's investors, who have signed offtake agreements (Posco, LG, GM).
The board of directors, who are heavily invested (and for sure know more than we do), support Sam. That is a good sign. Should we see them buying shares, that would be another good sign imo.
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Last
43.5¢ |
Change
0.015(3.57%) |
Mkt cap ! $38.79M |
Open | High | Low | Value | Volume |
41.5¢ | 44.0¢ | 41.5¢ | $10.76K | 25.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 497 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 1975 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 497 | 0.420 |
1 | 9461 | 0.415 |
1 | 61816 | 0.410 |
2 | 51500 | 0.400 |
1 | 6370 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 1975 | 1 |
0.440 | 2566 | 2 |
0.455 | 2861 | 1 |
0.460 | 1920 | 1 |
0.470 | 4477 | 1 |
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