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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
Post by Maolain1on Oct 20, 2014 12:30pm
344 Views
Post# 23043676

Clark owns 3.4+ million shares

Clark owns 3.4+ million sharesRegardless of how crooked one might think management is and whether or not they are simply squeezing out salaries for another couple of months, the fact is Clark has nothing to gain by a few months of salary and everything to loose if he can't get the ship turned around in the best interest of shareholders.  You can bet that what ever deal they get done, it will be the best one available to shareholders at this point.  Sounds like if had he taken the restructured deal from the financiers once the stock started tanking, all shareholders would be gassed already anyway.  It will be interesting to see how much of a of a pounding shareholders will take in the end, but you can be certain it would have been worse with the vultures that tried to scoop it for nothing last month.   
Bullboard Posts

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