SRL 4.76% 44.0¢ sunrise energy metals limited

Ann: Syerston Nickel & Cobalt Pre-Feasibility Study Completed-CLQ.AX, page-128

  1. 1,254 Posts.
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    Yes indeed. ASX never queries a price
    crash...but soon as there's a rapid
    increase...please explain...absolute
    morons.
    Imo management have handled the pfs badly, trying to walk before they crawl.
    Considering the costs maybe they'd be better off building a scandium plant first and getting that bedded down before taking the leap to a billion dollar plant combining all 3 metals. The latter is a big ask for a very small under capitilised company imo.
    Maybe the money required may be readily at hand who knows. If it's going to take a further 12 months for a bankable pfs then without some upside with Chinese water contracts I can't see the sp going anywhere.
    Weekly chart now grossly oversold looking at slow stoch...so lets hope for upside from here.
 
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