SRL 3.96% 48.5¢ sunrise energy metals limited

In truth, I was pointing out the fact that CLQ and nickel were...

  1. 331 Posts.
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    In truth, I was pointing out the fact that CLQ and nickel were moving in lockstep tandem since at least the beginning of the year. Nickel and cobalt price will continue to be a stock price factor for a company in the nickel and cobalt mining business. They will be producing 6X as much nickel as cobalt, so while most people look at this as a cobalt play, nickel pricing may be even more relevant to the bottom line. Because cobalt presently costs about 6X more than nickel, revenue between the two should be fairly close [at todays prices]. Right now, CLQ is valued almost exclusively for its syerston nickel and cobalt. Scandium, water purification, and mineral extraction technology are not given any value yet, as none of these markets have been established for CLQ,
    Last edited by ebner: 16/09/17
 
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