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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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Post by mo1975on Mar 05, 2013 12:24pm
240 Views
Post# 21080410

points to ponder

points to ponder

Since we just started to draw on the last part of the 25 millions....why do we need this cash and I guess not really need it since we just reduced it to 13 from 20 millions...a few weeks away from production....this does not make much sense... especially we also have a 6.5 millions grant from government.....

does anyone knows if there is a corrolation with the shorts that were executed during the rise from 70 to 95c

and if the same underwriters that are now issuing shares at 73c may not be the same underwriters that have allowed to short the stocks on the uprise????

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities