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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 Sep 21, 2012 9:35pm
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Post# 20398576

RE: RE: RE: RE: RE: RE: realistic share price

RE: RE: RE: RE: RE: RE: realistic share price

It will be interesting to see what off take agreements and what price we get for the Lithium carbonate. You have to remember that Talison never produced battery grade carbonate just techincal grade. Talison expanded operations and have a proposed carbonate plant in the works only. CLQ is relying soley on the battery grade carbonate market which is a higher price.I think the share price will settle around $1.40 when they actually start up operations. My next pick in the sector would have to be Nemaska Lithium which will produce all three, Lithium hydroxide,battery grade carbonate and technical grade lithium with new processing methods eliminating the soda. Lots of upside if they get the finacing and permits after the FS this december.

 

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Dealroom for high-potential pre-IPO opportunities