SRL 5.49% 43.0¢ sunrise energy metals limited

Ann: Trading Halt, page-37

  1. 3,154 Posts.
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    As mentioned earlier, it may be relating to the demerger. Setting up the loss-making water business with cash to ensure it has money for research and other CAPEX for the next 2-3 years.

    It's not platinum related, because they just shared the results and sent for assays, it's not mine related because what would a piddly CLQ CR achieve when they need billions? Perhaps they are looking at taking over a junior?

    Will see soon enough.

    The battery metals markets are bouncing back quicker than expected, which is a very good sign for CLQ.
 
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