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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 dsanddson Feb 05, 2015 4:46pm
201 Views
Post# 23401324

RE:RE:RE:RE:RB

RE:RE:RE:RE:RBIn retrospect we were unreasonably expecting more info. As someone else said, they can't say how many bidders or who they are because they may be publicly traded. This process has to proceed in the black, which can work in our favor if the uncertainty drives the bids up. We knew there were multiple NDAs so things are going as expected. This isn't like dime a dozen undeveloped gold deposits on the block, this is the only Lithium property in production (with some tweaking) that's on the market. And Lithium demand isn't going down. Still hoping for say 100% sales of iodine and 50% of QLI, clear up most debt, get a new partner with deep pockets, restart still under protection and then re list maybe on V. Hey it could easily happen that way.
Bullboard Posts