Sunrise Energy Metals is progressing its world-class Sunrise Battery Materials Complex in New South Wales.
The Sunrise Project is one of the largest and most cobalt-rich nickel laterite deposits in the world and is development-ready, with all key permits and approvals in place. Sunrise is also one of the largest and highest grade scandium deposits globally.
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The company requires a funding solution, (or JV partnership), to continue the development of the Sunrise project and we expect to hear news on this front within 6 – 9 months.
SRL is a high risk, high reward speculative opportunity, however, we feel the risks are skewed to the upside and traders may wish to run a stop loss on a break below $1.60
