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Sunrise Energy Metals Ltd SREMF

Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).


OTCQX:SREMF - Post by User

Bullboard Posts
Comment by nihiliston Jun 22, 2013 8:38am
123 Views
Post# 21563540

RE: RE: RE: RE: Speaking of happy

RE: RE: RE: RE: Speaking of happy

The battery swap is very impressive, but it will fail as a business model.  The problem is that it just serves Tesla.  And it only works on a small scale.  I would suppose that a gasoline station on a busy 400 series highway in Ontario or an interstate in the US serves several hundred vehicles per day.  Imagine if they were all electric, even if they were all Tesla models with the same battery.  You would need a giant warehouse to service the vehicles.  Now, imagine that there are dozens of models with dozens of battery types.  Throw in a mix of old electrics and new.  This model can't upscale.  It just  won't work.  It is at best an interim gimmick that helps until they invent a battery with twice the range or better.  Having said that, I do like the Tesla.  It would serve 90% of my driving.  Presumably, it will get better every year.  Maybe he will get my business in four years or so.

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