SRL 6.59% 42.5¢ sunrise energy metals limited

If by 100% financing, anyone means some combination of banks...

  1. 331 Posts.
    lightbulb Created with Sketch. 64
    If by 100% financing, anyone means some combination of banks will write them checks for $2 billion dollars, its not going to happen. There is a way for them to get financed, without diluting shareholders. That would be a streaming deal. Someone super horny for nickel and cobalt sulphate writes them a check for a billion in return for X amount of the stuff per year over the life of the mine. The other Bil they could get from traditional financing, or maybe [probably] they will have to give up some shares too. But a huge streaming deal could make this happen without an absurd amount of dilution, it makes as much sense to me as anything.
 
watchlist Created with Sketch. Add SRL (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.