Have a look into another stock called MTM. Not cross promoting here, but they have recently announced they are going to acquire a flash joule technology from RICE university.
From my understanding SRN's tech is based of a similar process. I believe the MTM tech proved it was scalable by able to being able to process 1t of material in <18 hours or so (can't remember exacts).
Lots of talk/momentum re the possibility of that tech to extract REE, which could mean SRN's tech is possible to be:
1) Scalable
2) Used in recovery for other commodities than vanadium, and thus sellable at large
I think there is one other company on the ASX that has something very similar too.
Have a look into another stock called MTM. Not cross promoting...
Add SRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.86M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $17.20K | 1.720M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 8580498 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 8254352 | 10 |
View Market Depth
| Last trade - 14.29pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.0¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 0.9¢ | 1253490 | ||
| Last updated 15.42pm 03/05/2024 ? | |||||
| SRN (ASX) Chart |