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39.5¢ sunrise energy metals limited

I think your right, looks like SES only need the Nickel and not...

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gc2016

5,359 Posts.

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18/09/21

16:20

Post #: 56174858
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Originally posted by mg97788: ↑

not to rain on the parade

but I can't see SES being a significant player in getting SRL funded outside participating, maybe, in a small off take/ streaming agreement. It's a 3bio market cap post merger company without large sales and US$400mio in cash.

I'd be thinking BHP/ FMG or Rio, or a large automaker like VW // battery maker will be the strategic investor combined with a multi party streaming agreement that SES may be a small part of.

That's the only way I can think of raising the US$800-$1bio in equity/ cash outside of debt without diluting the company to hell. RF and SR will not want heavy dilution so that makes it a complicated deal to get over the line, hence taking a substantial amount of time.

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I think your right, looks like SES only need the Nickel and not the Cobalt...Although might not be SES involved, dont discount RF and his other fingers in pies, ie ABAXX as a facilitator for streaming and pricing...

SRL Price at posting: $1.72 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 39.5¢		Change -0.005(1.25%)		Mkt cap ! $36.09M

Open	High	Low	Value	Volume
40.0¢	40.0¢	39.5¢	$917	2.293K

Buyers (Bids)

No.	Vol.	Price($)
1	4443	39.5¢

Sellers (Offers)

Price($)	Vol.	No.
40.5¢	2891	3

View Market Depth

No.	Vol.	Price($)
1	4443	0.395
1	13000	0.390
2	4226	0.380
1	20000	0.370
1	5288	0.365

Price($)	Vol.	No.
0.405	2891	3
0.415	1399	2
0.420	10000	1
0.435	2689	1
0.480	21250	2

Last trade - 12.55pm 08/10/2024 (20 minute delay)

SRL (ASX) Chart