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).

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Sunrise Energy Metals Ltd

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Post by splitcoreon Nov 28, 2012 1:10pm

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Post# 20655701

Jons NMX

Jons. I looked up Nemaska to see what you were referencing. From what I can see, they have two good deposits and are talking about a mine life of 18 years.

The problem I see is that they have 100 million shares out now and will soon be attempting to raise $454 million to build the mine. You say they are one to two years away from production. Right now they are just three smears of grey on the landscape. Looks more like five to six years before they could, conceivably get rolling. Still, it might be worth keeping an eye on them. Lithium is certainly where smart money will go.

Split.

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