SRL 7.25% 32.0¢ sunrise energy metals limited

Comments from the CDO of CLQ, page-53

  1. 331 Posts.
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    Not so greatly played, because my initial purchase was well timed, and it more than doubled in something like 6-9 months, then I rode it down all the way before selling at a very small profit, also kept 20% of my shares, and by the time I sold those, was overall in the red. But I did save myself from a quagmire situation if I got stuck, because I was way oversized in my investment. Back then, we were waiting for the DFS, which was postponed a couple of times, which in itself was a red flag for me, the minute I laid my eyes on it, and saw they needed scandium to make their numbers, I knew the SP was in deep trouble. I saw scandium as an upside, not as a requirement for economic feasibility. I was lucky, and able to unload a large amount shares [on the OTC] almost instantaneously. The SP tumbled very dramatically very quickly after that. Now the opportunity to buy those shares back at 1/6 the price, 2 years deeper into their development, and closer to predicted cobalt and nickel deficits, that currently has my attention. Its market value relative to its peers is still a little uncomfortable to me, but at this price, the downside vs the upside has tilted way toward the upside.
 
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Last
32.0¢
Change
-0.025(7.25%)
Mkt cap ! $28.87M
Open High Low Value Volume
34.0¢ 34.5¢ 32.0¢ $32.56K 98.15K

Buyers (Bids)

No. Vol. Price($)
1 9999 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 1537 2
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Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
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