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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).


OTCQX:SREMF - Post by User

Sunrise Energy Metals Ltd
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Comment by LadyJane6on May 06, 2015 8:10pm
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Post# 23702177

RE:RE:RE:RE:new thoughts

RE:RE:RE:RE:new thoughtsHere's the thing ...

We can quibble over how much RB Energy owes, but it doesn't change the fact that the Quebec government has addressed lithium in its Plan Nord (see link).

https://plannord.gouv.qc.ca/en/priority-actions/development-north-economic-potential/mining/

Given that RB is currently the only lithium producer in the province, it is reasonable to bet that they will intervene financially.  A lot will hinge on the business' inherent value, which will hopefully be generously established by Duff & Phelps.

What will this mean for common shareholders?  Your guess is as good as mine.  That said, most politicians don't go out of their way to piss off voters (of which some may own RB Energy).

Good luck to all ...

~ Jane
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