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Sunrise Energy Metals Ltd SREMF

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

Bullboard Posts
Comment by canbeam2004on Jan 10, 2013 5:00pm
259 Views
Post# 20822638

RE: More to come...

RE: More to come...

Love the French Midard, even though I can only figure part of it out, but it helps me learn.  Thankful for Google Translate.

While there is a 70% commitment to the production, in a normal business model, the last 30% is usually where the profit comes from.  I'm not sure how the purchase price is determined over the term of the deals.  Can anyone enlighten me?  In other words, having these types of commitments is great, but the bottom line is the producer and the distributor both have to make money.  If the end sale price doesn't cut it compared to the production costs, do these types of arrangements allow either party to exit the agreement?  I assume the sp has been stuck under $1.00 as investor's haven't been convinced of the profit margin yet.

Bullboard Posts