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Sunrise Energy Metals Ltd SREMF

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).


OTCQX:SREMF - Post by User

Bullboard Posts
Comment by Maolain1on Sep 10, 2014 12:41pm
313 Views
Post# 22923675

RE:Financing news coming?

RE:Financing news coming?Likely speculation based on the last news release claiming "weeks" to finalizing the comprehensive financing arrangement.  The term weeks, rather than months, gives it a window that we are closing in on.  However, if you look back to July NR, this same claim of a comprehensive financing was also made with the term "weeks", and we well know that should probably have been stated in months.  All of the semantics aside with respect to this mysterious financing, I am eager to get a production update since full production capacity is supposedly only 3 1/2 months away.  If they are ahead of schedule I think the SP will bump 15-20 cents on release, maybe even more, back towards the 65-70 cent range is sat at for a long while.  I am counting on a gap up to 75 cent to $1 by December, and would be thrilled if it was sooner.  All the really need to do to acheive that is stay on schedule, which sounds like a fairly reasonable expectation, but realistically at this point it is a tall task.        
Bullboard Posts

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