Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals

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).

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Sunrise Energy Metals Ltd

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Post by rubberwormon Jul 11, 2017 6:08pm

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Post# 26457647

"But I reckon 1500$ is a good price"

"Again referencing the warnings below about the validity of this measure because it ignores factors like mining dilution, metallurgical recovery and the cost to get it out etc, we stated on 20 Sep 2016 that the resource of Sc was up to 109Mt @ 56ppm Sc which equates to 9.3M Kg of Sc Oxide (Sc metal tonnage multiplied by 1.53 to convert to Sc2O3). Which equates to about US$14B of scandium oxide at $1500/Kg"

I'm not a #'s guy myself Ted. But It does help to ask questions to do get the math done.

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