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 dsanddson Jun 08, 2014 5:41pm

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Post# 22641381

Breakout tomorrow?

I'll stick my neck out (again) and say that we'll see a bit of a breakout tomorrow, since the sp closed above the bought deal price of 68 and with high volume. The fundamentals though are that production is steady (though low %) and ramping up, leading up to RBI's first delivery. Good Li market backdrop as well, with FMC, ROC and SQM doing well lately, and strong Li prices from increasing demand. Just need to put some product on the train and off we go. Wonder when the wagon jumpers will pile back on.

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