SRL 2.38% 41.0¢ sunrise energy metals limited

Ann: Syerston Nickel & Cobalt Pre-Feasibility Study Completed-CLQ.AX, page-152

  1. 410 Posts.
    Seems like the 200d held out and then some - after such a huge sell off this will still have alot of volatility over the coming weeks so if trying to trade it I would be pretty cautious.

    Even for those looking for an entry I think patience is the key - I'm sure there will be plenty more twists and turns.

    Fact remains we need to know to what degree dilution will occur (if any) and who is poking around with respect to offtakes / mous / financing.

    As someone said above the timing and delivery of the PFS was poorly managed. If the DFS is one year off no matter what happens inbetween the company is going to have a theoretical 900m albatross around its neck unless something comes out to the contrary (perhaps this is by design - who knows!).
 
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