SRL - Sunrise Energy Metals

[peter2]

I was also attracted by the long base pattern on the weekly chart. I even got a daily buy signal (1st BB) before the BO. However CLV is another company with too many (for me) diverse activities.

 

[Dona Ferentes]

I was also attracted by the long base pattern on the weekly chart. I even got a daily buy signal (1st BB) before the BO. However CLV is another company with too many (for me) diverse activities.

& that was about the sum total of the recent price action. A recent ASX speeding ticket revealed naught.
There's talk of a Corporate restructure, of splitting into 2, delisting the TSX entity (<2% of turnover) and / or a consolidation (to make the SP look better?). Whether such actions justify the lift remains to be seen. Agree with @peter2 is is pretty messy corporate structure at present.

About Clean TeQ Holdings Limited (ASX/TSX: CLQ) – Based in Melbourne, Australia, Clean TeQ is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX® continuous ion exchange technology.

About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales. Clean TeQ Sunrise is one of the largest cobalt deposits outside of Africa, and one of the largest and highest grade accumulations of scandium ever discovered.

About Clean TeQ Water – Through its wholly owned subsidiary Clean TeQ Water, Clean TeQ is providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal and zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water.

 

[System]

On April 12th, 2021, Clean Teq Holdings Limited (CLQ) changed its name and ASX code to Sunrise Energy Metals Limited (SRL).

 

[frugal.rock]

On April 12th, 2021, Clean Teq Holdings Limited (CLQ) changed its name and ASX code to Sunrise Energy Metals Limited (SRL).

And shares were consolidated 10:1
3 year chart for Sunrise which picked up a nickel cobalt interest ($1mil cash and shares) in NSW from Lotus. (Lotus wishes to concentrate on a uranium interest.)

 

[Dona Ferentes]

and it looks like the CleanTeq bit is being hived off ? New ticker though.

Listing date	2 July 2021 #
Contact details	https://www.cleanteqwater.com/ Ph: 03 9797 6700
Principal Activities	The provision of water treatment and resource recovery services and equipment as well as the licensing of proprietary technology.
GICS industry group	TBA
Issue Price	N/A
Issue Type	Ordinary Fully Paid Shares
Security code	CNQ
Capital to be Raised	N/A
Expected offer close date	N/A
Underwriter	N/A

 

[Dona Ferentes]

I see CNQ is trading.

Does it need it's own thread @Joe Blow ?

 

[Joe Blow]

I see CNQ is trading.

Does it need it's own thread @Joe Blow ?

It's already got one.

 

[Dona Ferentes]

Yes, and I've posted in it prior.

Back to the tennis.?

 

[frugal.rock]

I see I was here @Dona Ferentes on the 11th March, 2022.
Shame I didn't buy any...

 

[frugal.rock]

Chart update

 

[frugal.rock]

Have been keeping tabs on this.
Had meant to accumulate under $0.40 in the last few weeks, but didn't get around to it.

 

[frugal.rock]

So pleased I missed this too.
Awesome.

 

[frugal.rock]

Now expecting $0.60 as support, $0.80 resistance, or there abouts, on the shorter term outlook.