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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 Risktaker7on Dec 18, 2010 10:00pm
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Post# 17867009

RE: What's the lithium multiplier?

RE: What's the lithium multiplier?  First I am worried about how much, if any share dilution there will be. It will be very hard to finace 200 million for the mine and also money needed for operating expenses for 2 years without share dilution.
  Talison T.TLH is the purest play of Lithium out there with about 50,000 tons of battery grade Lithium produced next year and major expansion plans in progress. Thats over double the production of what CLQ will produce. They have a market cap of about 740 million, but they also produce the Technical grade Lithium also. So when you compare market caps I only see a modest upside to CLQ when finacing is announced and then it will go flat or down till they build the mine. 
  With no major share dilution and when finacing and permits issued  are announced, $2 would be the top,then it will be a long wait till the mine is built. Just my opinion.

I own both TLH and CLQ
Risktaker7
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities