I thought SR articulated the story very well. as SR mentioned it's taken the market a while to digest it. Liking the references to Ivanhoe backing the project and the interest coming internationally. Syerston, with CLQ's tech being in the lowest quartile cost of production is also something that the market is slowly beginning to understand.
SR is right, once people (broker incl) digest what's going on here with the base cases of 300-400m cash flow pa in the PFS then the 700m US is not capital intensive. This is a 40 yr resource after all.
A few obviously joined the dots today...
in the news, page-25
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Last
28.0¢ |
Change
-0.005(1.75%) |
Mkt cap ! $25.26M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 28.0¢ | $32.50K | 109.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 1652 | 1 |
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| Last trade - 13.01pm 12/11/2024 (20 minute delay) ? |
| SRL (ASX) Chart |