Sunrise Energy Metals Ltd SREMF

Some points to consider.

[splitcore]

I suppose this is pumping but it is (hopefully) factual.

In my view, only a hardrock lithium play will, in the end, become a viable lithium producer.
 First the brine plays:    Brines are pumped from aquifers and aquifers are notorious for being there one day and gone the next.  Rainfall/snowfall declines up-aquifer and the aquifer quickly becomes depleted.
                                           The brine soup has to be evaporated/concentrated and this requires energy.  No one can afford to use fossil fuels for this purpose so they create solar evaporating ponds.  Makes sense cuz it's a dirt cheap method.  But here's the rub, it's abysmally slow.  It can take 16 to 18 months to dry up a 2 foot deep bed say 200 feet by 200 feet.  You're never going to get to market even with 100 ponds.
                                            While there are many other reasons, I'll conclude this section with just one more.  Brines are the result of millenia of grinding/ leaching and oxidation of minerals from the adjacent countryside.  Rains and snowmelt carry the dissoved sediment down into the ground to enter an aquifer.  The problem that's being glossed over (even ignored) is that those dissolved sediments carry minerals that like to cling to(associate with)  lithium and they don't easily want to part company during the processing stage.  Magnesium is the killer for many brines.  You can't get lithium out without magnesium and magnesium is not permitted if you are aiming for the battery market.  You can, however, sell the product with it's potassium, as fertilizer.  The Chinese will buy all of it.

$100-$150-$200 barrel oil will most definitely mean that EV's are coming and will sell bigtime.  Improvements in tech. will add major efficiencies that will make the EV totally acceptable for consumer requirements.

There's tons more to add, but, screw it, time will show the nay-sayers.

CLQ will be first to market and will be the market winner.  Even now, nothing approaches it in -Trade volumes- Share volumes and - Share price.   Corrections????  Who cares?  Six months from now, hang on tight!!!

Split.