SRL 1.03% 49.0¢ sunrise energy metals limited

Stick to the point amigo. CLQ project is highly non economical...

  1. 1,697 Posts.
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    Stick to the point amigo. CLQ project is highly non economical with huge upfront Capex and ultra thin IRR. The main shareholder only has 12% of the project and he will not help putting his own money on the line as he is a known "rabbit''. Until then keep looking at the SP plunging in the 10c territory.

    AUZ as well as ARL and CLQ all fall in the same category. All pump and dump. Their DFSs are good for nothing and their SP should be just beneath ZERO. ASX pink sheets are for the tough boys.
 
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