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 Frankie_LeChaton Sep 08, 2013 5:05pm

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Post# 21725929

Lawsuit only good for lawyers

Usually lawyers make a lot of money on class action lawsuits like the CLQ one. The investors end up with pennies on the dollar... I read on this board awhile back that the plaintiffs have to prove intend to mislead investors. I cannot confirm that this information is right. I am not impressed by the way this company is managed (ex: multiple stock dilution) but they may succeed because the lithium market is so hot right now. I am not involved in this lawsuit but I suffer also because of the depressed stock price. Anyway d'ont hold your breath for a huge payout from this lawsuit.

GLTA

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