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 edmedon Oct 08, 2014 12:49pm

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Post# 23010529

2 possible scenario's

ONE: they can somehow convince their creditors to wait until they are able to sell the Iodine Holdings and use money to restart production and fix the problems with purity. then it would be easier to get the debentures sold. TWO: allow the whole thing to go belly up and someone very lucky walks away with a state of the art Lithium Mine for pennies on the dollar....wouldn't be surprised if TESLA shows up for this.

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