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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Comment by edmedon Aug 17, 2014 10:34am

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Post# 22850114

RE:RE:RE:RE:Buying More

I agree with much of what you say ancient.
The time to average down or get in would be after the PP.
The question is will they raise the entire 50mil by the PP and cause massive further dilution or a combination of loan financing and the PP?

I hope the answer is the latter......I do forsee this stock being taken out for a nice profit once they can demonstrate that they can acheive full production of Battery grade Lithium....I expect sometime in Q3????

They need only survive that long.......

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