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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 Oregonduckon May 05, 2015 11:50am
272 Views
Post# 23695185

RE:QC and Commons

RE:QC and Commons
LongPlatinum wrote: There is a long history in QC of market intervention to support/save favoured industries. RB is in one of those industries and is already a favoured and connected player. Elon Musk's annoucement this week only adds to green cred; QC does not have to save the commmons, only restructure debt to give the corp a chance to realize value and hit cash flows. NewCo will be formed, but existing RB's will get 30-40% of it; reasonable expectation of 15c. Lots of sharks know this, have bought reams of commons < 5c ....



There is no chance in hell RBI or RBEIF shareholders will recoup much of anything or 30-40%. Even 1-2% would be highly speculative. The shares will likely go worthless like Nortel, Sino Forest, Air Canada etc etc. Best of luck though as I was a former shareholder who got taken out to the woodshed and spanked good. The current stock price is telling us the Quebec news being touted and the stock subsequently bumped up 900% to $0.025 last week might be over with. This Canada Lithium/RBI project is just a Proof-of-Concept as they have failed tomproduce 99.9% Li carbonate. The EV/Tesla story is just a side bar to tout the stock.
Bullboard Posts