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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).


OTCQX:SREMF - Post by User

Sunrise Energy Metals Ltd
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Comment by FishBCon Dec 03, 2010 11:16am
304 Views
Post# 17795625

RE: Thoughts???

RE: Thoughts???When Black Rock came to the party with its money, I am certain the conversation included further Capex funding. It would not make sense to invest that small (Relatively Speaking) amount of money to start the process of building a mine without a plan to see it through to completion. So wether it is a PP, or debt financing I am not sure. We only have 151 mill outstanding so perhaps a combination of both and you could also include an offtake agreement with a future customer.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities