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 theancienton Jun 21, 2014 9:32pm

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Post# 22683351

RE:RE:RE:RE: RBI Takeover Prospect

You are right, I should have said : " the buyers after consolidation(reverse split) will make money with a takeover premium", LOL
I bought some at $047 6 months before merger, those shares is worth $0.27 as of today, this include the 17% advantage I got from converting to SIR and back, LOL, for those shares to break even, the takeover price will have to be $1.18, but I also have some shares at $0.53 before merger, those shares will need $1.32 to break even, I think there are tons longs here paid more than I did. LOL cheers glta

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