Replies to post #378 on Sunrise Energy Metals Ltd (SREMF)

[rubberworm]

I have read your posts else where... This is what I got from IR who is now CFO... "Sent: Sunday, July 30, 2017 10:53 PM
Subject: RE: WTF



Different customers are focused on different impurities (and down to different concentration levels) but, as a general statement, once you get to 99.9% purity, you are generally at the purity point where you are going to get the ‘premium’ scandium price."

So I think we would agree here ? Sounds a hell of a lot different for other IR.

[rubberworm]

Another reply I got from Stockdale was this regarding SC. "Our view is that the market needs scandium oxide at 1500 per kilo to drive demand over and above current levels." IMHO if Sc gets new markets big time it will be at 1500 or less. And Clean Teq can go less and still make a nice profit.

[rubberworm]

1.7 bil needed . 19% IRR . Not good. MHO RF lowed balled this. IRR will be much higher. Your getting in on a good price. Thanks to guys like tofu who has never added one piece of DD here. SP is tanking like all hell. Yet RF is buying tofu shares on open market. Me 2 btw.