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1.43%

34.5¢ sunrise energy metals limited

Ann: Clean TeQ Sunrise Definitive Feasibility Study completed, page-147

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sailorlion

2,809 Posts.

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26/06/18

08:51

Post #: 33944469
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Originally posted by ebner ↑

I disagree, I think there are changes to fundamentals, and after reading the DFS before the market opened, knew it was not going to be received well. The CAPEX increase was high, not at an unexpected level for close followers of the company, but 1.5B is a big chunk that ratchets up the risk. And they needed to use some scandium numbers to get over 20%IRR, that was disappointing and surprising. Time delays definitely should translate to stock price decline, that is perfectly reasonable. The fact they still haven't figured out who is building this thing yet is very unsettling. And the cobalt production numbers keep changing, it was 5Mtpa, then they just came out one day recently an said lets go with 7Mtpa, which I thought was sketchy, now its down to 4 something, WTF. This was my number 1 investment, I had to re-assess, and protect some profit. I'm still in, but at a much safer level, still like the long term prospects, and could fully reload if the price falls about 25% more, which I think is possible, if not likely.

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Cannot agree more

CLQ Price at posting: 94.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 34.5¢		Change -0.005(1.43%)		Mkt cap ! $31.12M

Open	High	Low	Value	Volume
35.0¢	37.0¢	34.5¢	$24.49K	69.67K

Buyers (Bids)

No.	Vol.	Price($)
1	1249	34.5¢

Sellers (Offers)

Price($)	Vol.	No.
35.5¢	409	1

View Market Depth

No.	Vol.	Price($)
1	1249	0.345
2	30684	0.340
2	21500	0.335
3	36000	0.330
4	17400	0.320

Price($)	Vol.	No.
0.355	409	1
0.400	3000	1
0.430	6324	1
0.465	49000	1
0.490	2999	1

Last trade - 16.10pm 31/10/2024 (20 minute delay)

SRL (ASX) Chart