SRL 6.59% 42.5¢ sunrise energy metals limited

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  1. 2,814 Posts.
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    Yes, just gets better and better.

    An exceptional Company, in the right space at the right time. Strong discovery, good grades, shallow, plentiful. Management hasn't missed a beat, great reputation with connections all over the world.

    I've been lucky enough to have some good ones over the years but none can touch this. Where's the downside right now? Is there any fundamental reason why this stock won't be a multi-bagger in 5 yrs time.

    What about the upside with Nickel still not far from cyclical lows, Cobalt could go anywhere from here with DRC a constant risk, demand for scandium seemingly can only accelerate, etc., etc.

    What about the new off take agreement (binding). These guys want to buy in. At what price? $1.20/share? Higher? Who knows with Cobalt and nickel prices having moved substantially higher since the last buy-in, and the EV revolution accelerating. And, what about a possible battery factory at Syerston. How much would that be worth in its own right? Billions?

    A high conviction stock if ever there was one.

    Just my opinion.
 
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Last
42.5¢
Change
-0.030(6.59%)
Mkt cap ! $38.34M
Open High Low Value Volume
43.0¢ 46.0¢ 42.5¢ $12.59K 28.67K

Buyers (Bids)

No. Vol. Price($)
1 997 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 85 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SRL (ASX) Chart
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