SRL 3.13% 33.0¢ sunrise energy metals limited

Ann: Demerger Update, page-63

  1. 77 Posts.
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    page 59 demerger booklet - financial information sunrise energy metals post demerger

    total assets pre demerger: 53,770 k aud
    total assets post merger: 29,525 k aud

    you do the math.
    intangibles (probably clean teq patents), 15M cash, receivables and other items are part of clean teq moving forward. Probably you were thinking of the value of the minerals in the ground, that’s a different story. But the balance sheet is what I told you and the net assets there have been reduced by 45%.

    read the demerger booklet.
 
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