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2.34%

31.3¢ sunrise energy metals limited

SES Ivanhoe SPAC, page-11

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gc2016

5,411 Posts.

363

18/09/21

16:20

Post #: 56174858
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Originally posted by mg97788: ↑

not to rain on the parade

but I can't see SES being a significant player in getting SRL funded outside participating, maybe, in a small off take/ streaming agreement. It's a 3bio market cap post merger company without large sales and US$400mio in cash.

I'd be thinking BHP/ FMG or Rio, or a large automaker like VW // battery maker will be the strategic investor combined with a multi party streaming agreement that SES may be a small part of.

That's the only way I can think of raising the US$800-$1bio in equity/ cash outside of debt without diluting the company to hell. RF and SR will not want heavy dilution so that makes it a complicated deal to get over the line, hence taking a substantial amount of time.

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I think your right, looks like SES only need the Nickel and not the Cobalt...Although might not be SES involved, dont discount RF and his other fingers in pies, ie ABAXX as a facilitator for streaming and pricing...

SRL Price at posting: $1.72 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 31.3¢		Change -0.008(2.34%)		Mkt cap ! $28.19M

Open	High	Low	Value	Volume
32.0¢	32.0¢	31.0¢	$16.56K	53.02K

Buyers (Bids)

No.	Vol.	Price($)
2	2523	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.0¢	1	1

View Market Depth

No.	Vol.	Price($)
2	2523	0.310
3	34928	0.305
2	20000	0.300
1	12000	0.290
1	2000	0.280

Price($)	Vol.	No.
0.340	19741	1
0.355	5209	1
0.400	4000	2
0.420	23799	1
0.430	6324	1

Last trade - 15.47pm 08/11/2024 (20 minute delay)

SRL (ASX) Chart

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