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 Dec 04, 2013 9:24am

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Post# 21968218

Pre-opening pause

Good morning.
I've read the news twice and I still can't quite determine whether it's 'great' news, 'neutral' news or further watering down of share value. Peter says it will increase shareholder wealth. I hope so.
I must say, I've never heard of combining iodine with lithium.... guess I missed it... or it's new.
Not sure I like the hint of a 3-1 share consolidation... unless I misread that too.
What I can say is, as of 09:16 there was no movement at all with bid and ask numbers. So, I'm guessing that few other investors have figured this one out yet either.
Got my fingers crossed.
Split.

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