Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(29)
•••
Comment by Oregonduckon May 06, 2015 8:18pm
155 Views
Post# 23702201

RE:RE:RE:RE:RE:new thoughts

RE:RE:RE:RE:RE:new thoughts
LadyJane6 wrote: Here'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


Take it from some guy with a tone of experience dealing with receivers and govt. funding - once a receiver is appointed, it is all over. I have dealt with govt. guaranteed loans in my previous life, and when push come to shove, the Govt. is NOT THERE TO HELP. As the saying goes, "The Govt. is very bad in picking winners and losers." The scotia loans are already guaranteed by the Quebec Govt. and they are now bad loans. Who the heck will provide more funding to RBI ??
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities