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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 Smartcentson Feb 27, 2013 10:02am
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Post# 21047875

RE: rumor floating

RE: rumor floating

It does not make $ents, they are drawing down from there debt facility 25 mil in March, which will make it a total of 50 mil.. my math says they still have available another 25 mil, if required. So why a Bought DEAL... also do the math this Co is worth $.85 to .90 in cash so if they did need more .70 totally ridiculous.  IMO a bad rumour started by a shorter, or perhaps manipulation. (buyout) That is the rumor I would put my money on!

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Dealroom for high-potential pre-IPO opportunities