I ask myself the same question.
If they used $40, the by-product C1 costs would be negative, and they are still excluding outrageous scandium numbers. I know it sounds like hyperbole, but I think this is going to be the most profitable mine ever built.
It is clear they do not care about short-term stock price, nor are they worried about attracting capital before the BFS. If they were, they wouldn't be using $12 and $14 cobalt in their investor presentations.
The only reasonable explanation I can think of, is this:
The Sunrise project, in addition to being a fantastic stand-alone mine, is a more importantly a full-scale demonstration model for a revolutionary new technology. It is a showroom sample.
CLQ will be selling mine kits, and going JV on the best projects. This is why they have not sold full Clean iX mining installations yet, it is too important to have success on Sunrise and Friedland does not trust anybody on the first full-size proof of Clean iX...not Rio, not BHP, not Lundin....nobody.
That's why Friedland bought the land, has taken a partner, and spared no expense to accelerate the project. He is personally involved in a big-time manner.
This has been planned for years. The curtain comes up on the show with the BFS. The numbers will be off the charts, the banks will be falling over themselves to finance Sunrise, and any mine managements with half a brain are going to swallow their pride and be on the phone with RF to find out how they, too, can build a mine with astoundingly low costs, in one-third the time of conventional mines.
You heard it here first.
- Forums
- ASX - By Stock
- SRL
- Re: CLQ chart
Re: CLQ chart, page-589
-
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.09M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13000 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 1551 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13000 | 0.390 |
2 | 4226 | 0.380 |
1 | 20000 | 0.370 |
1 | 5288 | 0.365 |
1 | 22707 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 1551 | 3 |
0.405 | 9010 | 2 |
0.415 | 1267 | 1 |
0.420 | 10000 | 1 |
0.435 | 2689 | 1 |
Last trade - 11.10am 08/10/2024 (20 minute delay) ? |
Featured News
SRL (ASX) Chart |
Day chart unavailable