SRN surefire resources nl

Ann: 4N (99.99%) HPA successfully produced, page-136

  1. 14,713 Posts.
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    I contributed with a good top up yesterday.

    What gives me huge comfort is that Paul Burton has put his hand in his own pocket to buy SRN shares and recently the Chairman converted options to fully paid shares and this cost him $420,000 out of his own pocket.

    These two gentlemen are acting with a founder mentality and this is one of my key criteria to invest.

    I also did a lot more research on HPA yesterday, hours in fact before I topped up.
    It is quite possible that the HPA opportunity is far more valuable to JV partners and off-take partners in the immediate future than vanadium. We should not undersetimate the amount of HPA that is required for the mandated changeover from fluorescent lighting to LED lighting and then there is the huge demand for HPA for battery cathodes; the HPA greatly improves the battery performance and that is what all EV manufacturers are desperate for.

    Cheers.....D
 
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