SUNERGY, Inc., a Nevada corporation (OTC PINK:SNEY) is a publicly listed and traded, production oriented, junior mining company headquartered in Scottsdale, Arizona, USA that is production oriented at the earliest possible profitable opportunity and has an appetite to grow by profitable acquisition. It is engaged in the evaluation, acquisition, exploration, planned operation and advancement to production of largely alluvial diamond and gold recovery projects in Sierra Leone and Liberia West Africa. This year marks the beginning of our Cash Flow Operations as we begin to move diamond parcels.
CASH FLOW 2015-2016: SIERRA LEONE AND LIBERIA ALLUVIAL DIAMONDS & GOLD RECOVERY OPERATIONS
Company Management has dramatically changed its operating plan from an exploration model to a cash flow driven operation. Operating under exploration licenses requires money to be spent without the opportunity to sell products recovered in the exploration phase. A distinct lack of exploration funding industry wide coupled with investor interest being more focused on cash flow today than sometime in the future has encouraged Management to adopt this change. Accordingly, we have entered into support agreements in both Sierra Leone and nearby Liberia to combine our equipment and operating expertise with local artisanal miners to assist in the rapid development of otherwise hand driven operations only. Two benefits occur immediately, one for the local miners who gain support on the recovery of their discovered gold and diamonds, and one for our Company, having the exploration phase already completed and gaining the opportunity to continue operations in already proven lands and rivers which are capable of producing economic quantities of Diamonds and Gold. Management believes this enables the company to enter into immediate and sustainable cash flow which is accretive to shareholder prosperity.
Sunergy President and CEO, Garrett Hale says: “We now believe that we have established business relations that allow us to be profitable going forward. This will reward our current shareholders and attract future shareholders to our company’s operating strategy. We have deployed our two newly purchased Keene dredges In Liberia and have been running daily operations to locate our defined area to concentrate our efforts. At the experts hands of our local associates, we believe we are finally at the right place with the right equipment and support to put Sunergy in forward motion with real production. We are proud of our entire team on the ground and the solid relationships we have formed within each country.
Our Large Wash Plant project and new developments in Sierra Leone are in current negotiation and process with the NMA, as required by local law. We are pleased to have full cooperation moving forward under their guidance.