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 Oregonduckon May 01, 2015 4:15pm

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Post# 23686684

Wow, Up 976% today

A huge percentage play finishing @$0.028. However, don't get sucked in. I think RB Energy will be restructured as a new company with help from the Quebec Govt. to save jobs. The existing shareholders could get 1 or 2 % stake in the newly reformulated company (Newco). The creditors and the new investors or the Lundins will end up with the majority of the Newco. The old RBI shares will likely be cancelled. I wish the shareholders the best of luck and that my prognostication of the expected outcome is wrong.

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@ the Bell: TSX advances to start off Christmas trading week