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1.25%

39.5¢ sunrise energy metals limited

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cjlcowled

2,471 Posts.

281

11/03/24

10:19

Post #: 72837507
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Originally posted by Electrification: ↑

As you can all see, the IRA as it was originally intended is quite awesome for mining companies..... but the Treasury Department has interpreted the legislation in a slightly different way that is not helpful for miners. The Treasury Department has been asked to review their interpretation of the legislation and to change their interpretation to a view more consistent with the intent of the original law. The are now accepting feedback. The review process ends May 7th, at which point they will craft different language that (hopefully) is much more helpful to miners. So we are going to have to wait for another 6 months or so to see if Sunrise can actually get any help with funding from the IRA passed a year and a half ago already.

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We will definitely be needing a cap raise by then.

SRL Price at posting: 39.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 39.5¢		Change -0.005(1.25%)		Mkt cap ! $35.63M

Open	High	Low	Value	Volume
40.0¢	40.0¢	39.0¢	$1.002K	2.507K

Buyers (Bids)

No.	Vol.	Price($)
1	21	39.5¢

Sellers (Offers)

Price($)	Vol.	No.
40.5¢	1000	1

View Market Depth

No.	Vol.	Price($)
1	21	0.395
1	12996	0.390
2	4226	0.380
1	20000	0.370
1	5288	0.365

Price($)	Vol.	No.
0.405	1000	1
0.415	1267	1
0.420	10000	1
0.435	2689	1
0.480	21250	2

Last trade - 16.10pm 08/10/2024 (20 minute delay)

SRL (ASX) Chart