SRL 7.25% 32.0¢ sunrise energy metals limited

CLQ...Valuation problems, page-72

  1. 4,508 Posts.
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    I understand, but take a look at the position of some of the other small and micro-cap miners
    and do a comparison. Some of these companies have a market cap under $100 million and need to raise
    $500 million or more, and are years and years away. I understand it is not to the point, but CLQ is really in fantastic shape compared to most.

    One other possible scenario I forgot. Check out the Chinese banking partners.

    It would not be out of the question for CLQ to get a straight bank debt deal for a lot more money.
    China is deep into CLQ for better or worse...and in the case of raising capex, it is for the better.
 
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