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 businessenseon Oct 02, 2014 7:14pm

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Post# 22993672

Panick

I forget where I saw the article, but one of the director's was in New York finalizing the financing. Then you have a supplier advancing I think was $5 million for a December shipment. Add the fact that I am sure BMO would be doing this to waste their time and might have to sweeten the pot or may not get as much as they want is possibly why it is taking longer. Then you have the crazy October market blues, one should hear something soon.

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