SRL Sunrise Energy Metals ... Waiting on finance. +900 kt of Nickel, +160 kt Cobalt. NPV = $1.6b according to Project Execution Plan. Once recent rises in Nickel and Cobalt are factored in, NPV >$2b. Current market cap is $200m (sp=$2.22). Genuine 10x bagger. 2.7% short interest. Popped from $1.79 in Dec to $2.22 today (13 Jan). Major short squeeze in progress IMO. Former director and major shareholder Peter Voigt hasn't signed an NDA and he is saying the share price will pop bigtime in 2022. Chairman is Robert Friedland. RF has arranged listing of SES (a next generation battery tech company) via a SPAC (IVAN.U ~$480m) on the NYSE and has stated at SRL's recent AGM that SRL and SES "fit like hand in glove". The SPAC has an Extraordinary General Meeting on 1 Feb to approve the merger. Perhaps the recent spike in the share price for SRL is due to FOMO as a finance deal is looking more and more imminent. As always, DYOR.
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