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 nanaimo16on Oct 04, 2014 2:06pm

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Post# 22999033

RE:RE:for how long Rb energy could survive without financing ?

Management cannot be that brain dead to take a project this far and suddenly be stopped in its tracks cause they can't git the $$$$. I suspect that this is a very typical scenario with juniors. Quite simply I think that there is never any intention of maintaining, let alone increasing shareholder value. The lending is dubious. It is seeming reckless, but well designed to benefit and protect the lenders. I can name many Juniors who are in the same boat right now. There awutta be a law. ( That said I picked up a few at on this crash, maybe make $40.00 or so)

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