one thing I would like to point out is that their net tangible asset per share is 31.5 cents by December 18. at current level, people basically have no expectation for the company, and the share price is basically half cash half fixed assets. if the price drops lower, why not someone buy all shares, takeover the company, and liquidate all assets and make a profit. I believe this why it is moving around 31.5 cents for quite a while. The huge catalyst for this year will be off-taking agreement, which people have been waiting for more than a year now. Currently, as pointed out by the definitive feasibility study, the major issue for CLQ is finance, and you are very unlikely to get finance without proper off-take agreement (similar to your salary and borrowing power). At this price level, it is better to wait for the off-take agreement announcement before you realise your loss. the financial market tend to use spot cobalt and nickel price to value a 40 year project, which is easy but basically bullshit. once the off-take agreement can be finalised, brokers will definitely revalue the company and that gives big players some reason to push the price up significantly, make retail investors fear of missing out, and then do some profit taking. basically pump and dump.
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SRL
sunrise energy metals limited
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6.69%
!
$1.44

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Last
$1.44 |
Change
0.090(6.69%) |
Mkt cap ! $165.4M |
Open | High | Low | Value | Volume |
$1.35 | $1.44 | $1.32 | $332.7K | 241.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1439 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.44 | 350 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1439 | 1.415 |
1 | 106 | 1.405 |
2 | 1072 | 1.400 |
3 | 1689 | 1.395 |
1 | 1019 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.435 | 350 | 1 |
1.440 | 33082 | 3 |
1.445 | 17076 | 2 |
1.450 | 24345 | 3 |
1.460 | 2215 | 2 |
Last trade - 10.47am 14/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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