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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 REEnewbieon May 18, 2011 8:30pm
126 Views
Post# 18597645

RE: RE: RE: RE: RE: RE: RE: RE: Hmmmmm, I wonder

RE: RE: RE: RE: RE: RE: RE: RE: Hmmmmm, I wonder$2 million ....ouch!
Maybe the guy is a multi-millionnaire, and $2 million is like a drop in the bucket.
The good: they still have Lithium in the ground, the grade hasn't changed, only the reserves have been downgraded.
They're still going ahead according to plan. Presumably, it's still a viable operation and will make money? Hopefully, continued drilling will expand the reserves in the future.
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Dealroom for high-potential pre-IPO opportunities