Just bought into this stock, anybody else a shareholder?

and what makes you think that i do not? ...... only your unresearched prejudice i dare say

unresearched? i aint seen u posting anything of note on this yet

as usual, you fail to answer the question as to why you think i only hold for a day or less
as for research, i leave it to the drones who enjoy that sort of stuff and then read or not as i choose

u buy by researching, doh.....check out balance sheets, management etc....as i expect u look for odd 20 quid profit.

templeman, buffett etc make hundreds of millions the way i mentioned and by holding long term

anyway i have feeling a sudden rise about to go again......what a week!!!

i buy or sell or short as i see fit, and with some success

you, of course, never ever buy a stinker (or answer questions), let alone admit to same, because you are so wonderfully brilliant .... indeed i wonder why you do not live in Monaco (Port Stanley as an alternative) with these huge profits you are consitently making

Excuse me, i'll come back later?
cyril

you make me sound like gordon brown.....esp not answering questions, lol

you're not that clever

didnt know he was.....in fact he is a thicko of the highest order.....of course he saved the world!

for those interested in this stock, cyril's post 13 is worth reading ....

Because it was believed last September that the world was going to end, most tiddlers were marked down to next to nothing in the usual SM exaggeration. There is an awful lot of catching-up to do as sp's in some of these travel north to a reasonable level. The trick as always is to spot the rise as it starts to happen.

Luckily with the help of Master I got in at around 18p although as usual I sold-out too early. Tends to be a fault of mine although I'd rather take the profit than see it disappear which has happened too frequently for my liking. These sharp rises over several days are becoming a norm for this market.

Tis spoting the next one that is sometimes difficult as there are a lot of false dawns that can trap you.

as i keep on saying, you can't pay the mortgage with a paper profit ...... hang on and you can also get drawn and quartered as with arseholes like me and PXS

similarly, there is no need to try to get in at the basement as there is always plenty of profit to be made once things get properly underway - still not exactly risk-free, but much better odds

i got in twice at basement levels on 2 shares this year; suffice to say they are many multiples now.

i have no mortgage to pay these days, plenty of spare cash and making a bundle on these, ahhhh

as i said, you are a true genius, with a surfeit of modesty and charm to boot, who never picks a dud and who should at least have a wonderful villa in south of france (or port stanley) .... or are you more of a Mother Theresa?

now now handbags away! I sold these for a small profit a while back--sorry I did now though a profit's a profit. The co. has some very wealthy backers so it probably has further to go but I think it's gone up too far to buy back now--will just watch from the sidelines I think.

sorry moneyplus.....spike took me by surprise too but constant buying even at higher prices.

Could be a very big day.Will this activity flush out an afternoon RNS, all results must be to hand now..if 2 were positive they should released that info. imho."

They may be releasing more than just the test results. There is a resource update and news on the BFS aswell. They might just wait for all news to be at hand before releasing

mp
i think that is a very sensible analysis. just be patient. good luck.
regards
jkd

I expect that this is the piece of news that accounts for much of the sp rally

RNS Number : 7379Z
Sunkar Resources PLC
28 September 2009









SUNKAR RESOURCES PLC

('Sunkar' or the 'Company')




Pilot Plant Tests Update




Sunkar Resources plc (AIM:SKR) is pleased to announce an update on its Pilot Plant Tests for the production of phosphoric acid from its 17% P2O5 Chilisai phosphate rock.




Highlights




Two independent Pilot Plant Tests by KEMWorks and Prayon Technologies SA have confirmed the ability that Chilisai rock is amenable to commercial conversion into phosphoric acid;

KEMWorks has confirmed that Di-Ammonium Phosphate ('DAP') of internationally accepted grade can be produced from the phosphoric acid made during Pilot Plant Tests after post-treatment of phosphoric acid;

Scale and cost parameters of the future phosphoric acid and DAP plants are estimated to be in line with that for plants processing commonly traded

sedimentary rocks of 32 - 34% P2O5.




Serikjan Utegen, CEO of Sunkar, commented:




'We are very delighted with the results of the independent pilot plant tests, carried out by acknowledged experts in this field. We never expected that our rock would produce ideal results, but we are thrilled with the reaction speed of our rock, the quality of the acid, and the confirmation of our ability to produce commercial grade DAP. The losses associated with the removal of impurities is not likely to materially detract from the Project's economics, and we are pleased to now be able to commence the next stage of the Chilisai Project development'




Background to the Pilot Plant Tests Program




To test a broader range of available phosphoric acid/phosphate fertiliser technologies and testing approaches, Sunkar contracted high profile phosphoric acid engineers. Each contractor conducted pilot plant tests of the conversion of Chilisai rock (17% P2O5) into phosphoric acid by means of sulphuric acid attack.




The contractors are:




Prayon Technologies SA, Engis, Belgium ('Prayon Technologies');

Jacobs Engineering Group Inc., Lakeland, Florida, USA ('Jacobs');

KEMWorks Technology Inc., Lakeland, Florida, USA, ('KEMWorks')




The results from the Jacobs Pilot Plant investigations are currently being finalised and will be announced shortly although management believe these will largely be in line with the results from the other two contractors. The results described below are those of KEMWorks and Prayon Technologies.




Company management found while discussing the feasibility study scope with potential contractors in 2008, that there were substantial differences of opinion among experts on the convertibility of Chilisai rock into phosphoric acid used for the production of widely traded fertilisers, such as DAP and Mono-Ammonium Phosphate ('MAP').




The experts' concerns were primarily related to




Chilisai rock had never been converted into phosphoric acid on an industrial scale, with the exception of a few trial conversions of blends of Chilisai rock with other Soviet rocks in the 1980s;

there is only one large scale phosphoric acid plant converting low grade phosphate rock into phosphoric acid in Jordan. This plant was originally commissioned to treat normal grade Jordanian rock and afterwards switched to low grade rock.

The Company has kept control over costs and contingencies of testing by issuing each contractor incremental scopes of work.




Behre Dolbear, USA, Inc., of Denver, Colorado, USA, the Company's competent person from 2006 to 2008 recommended semi-industrial testing of direct conversion of Chilisai rock (17% P2O5) into phosphoric acid after the completion of their initial bench-scale testing, as published in the Company's AIM Admission Document.




The Company has also appointed Mr. Chris Neser as a Technical Adviser. Mr. Neser was recently involved with operations management at the Jordan Phosphate Mines Company.




Phosphoric Acid Pilot Plant Tests




In March 2009, with the agreement of the above contractors and under the supervision of an independent inspector, the Company prepared representative samples of Chilisai ore. Numerous samples were taken from several locations within the mine operating area, and were processed on site to produce a sample concentrate. This sample tonnage was then blended, quartered and bagged to provide a 1 tonne sample for each of the contractors.




Initial rock characterisation by the contractors confirmed that the sample grade was consistent with on-going assays of dry concentrate produced from ore at the Chilisai mine on an industrial scale since January 2009, and was of 17-18% P2O5 grade.




The reactivity tests carried out by KEMWorks prior to running the Pilot Plant Tests. had shown that Chilisai rock is one of the most reactive phosphate rocks in the world and is clearly more reactive than most widely traded rocks.




The Pilot Plant Tests have been conducted by contractors at their own phosphoric acid pilot plants.




The typical industrial scale phosphoric acid plant consists of:




reactor, where phosphate rock is reacted with sulphuric acid;

filter, where the reactor's slurry output is filtered to separate phosphoric acid from calcium sulphate (gypsum);

clarification and concentration facility, where the acid is separated from the remaining hard substances; and

concentration of the phosphoric acid to a grade suitable to produce fertilisers (DAP, MAP or Triple Super Phosphate ('TSP')) or Merchant Grade Acid ('MGA') by the evaporation of water.




Further details of the above can be found in the Behre Dolbear competent person report in the Company's AIM Admission document.




For Pilot Plant Test purposes the contractors chose to use the di-hydrate process. The contractors performed several runs of their phosphoric acid pilot plants with variation of plant parameters and the following observations have been made by the contractors independently from each other:




the continuous pilot plant conversion process was stable and complete with P2O5 recovery rates of more than 96%;

the pilot plant's output (so called 'weak acid') was consistent and of expected grade - between 26% and 28% of P2O5;

all tests show that consumption of sulphuric acid was not higher than the industry norm- 3 tonnes of H2SO4 per unit of P2O5 processed;

a future Chilisai rock (17% P2O5) processing reactor will not be larger than a typical reactor for 32-34% rock with the same P2O5 equivalent output;

corrosion measurements were in line with industry norms, meaning that the phosphoric acid plant would use normal stainless steel parts;

filtration rates were found to be 50% lower than industry norm, which was expected since the lower grade ore would result in a thicker filter cake. This may result in the requirement for larger filtration units than the norm. However by using certain filter aid agents, KEMWorks achieved significantly higher filtration rates opening the path for further improvement;

the phosphoric acid produced was opaque and needed standard clarification;

after clarification the acid behaved normally while being concentrated up to 50% of P2O5;

weak acid had an expected relatively high minor elements ratio ('MER', sum of Fe2O3, Al2O3, and MgO content, divided by P2O5 content) of between 0.17 and 0.19.




Test Production of Fertilisers




The phosphoric acid produced during the Pilot Plant Tests has been used by the contractors to generate trial quantities of ammoniated phosphate fertilisers - DAP and MAP. DAP, in order to be globally commercially acceptable, DAP has to have N-P-K (Nitrogen (%) - Phosphate as P2O5 (%) - Potassium (%)) composition of 18-46-0, while having water soluble P2O5 at 90% of total P2O5. Typically the commercially accepted DAP production requires the MER of acid to be between 0.08 - 0.1. MAP has to be of composition of 10-52-0 or better with P2O5 water solubility of 43-47% (or 80-90% of total P2O5); the MAP specification is normally less onerous than DAP and subject to contractual conditions.




The direct MAP and DAP generation from clarified and concentrated acid produced the following results:




the phosphoric acid produced MAP with N-P-K composition of 11-52-0 (KEMWorks) with water solubility of P2O5 at 61.5% of total P2O5;

due to the phosphoric acid's higher MER, the DAP produced directly from acid was of N-P-K composition of 17-46-0 (nitrogen did not reach 18% level) with water soluble P2O5 at 80% of total P2O5 (Prayon Technologies)

The contractors have informed the Company that it is possible to manufacture commercially acceptable DAP once the MER has been brought to the required level. After having carried out phosphoric acid post-treatment test work aimed at MER reduction, the contractors have confirmed that certain well known techniques to precipitate impurities with the loss of some P2O5, can reduce the MER to that required to produce DAP of internationally accepted quality.




They reported that the loss of P2O5 may result in minor increases to operating costs. The contractors have reported that the by-product of the process to reduce the MER containing P2O5, could be potentially used to produce lower grade fertiliser.




KEMWorks confirmed that after impurities precipitation, internationally acceptable grade DAP has been produced with N-P-K at 18-46-0 with water soluble P2O5 at 90% of total P2O5, and impurities precipitation resulted in an indicated 17% loss of P2O5, however this loss amount is subject to further confirmation testing/optimisation.




Prayon Technologies, using a similar approach, indicated that the quality of treated acid was sufficient for internationally acceptable DAP production, with the P2O5 loss of approximately 13%, which is subject to further confirmation and/or optimisation.




Prayon Technologies and KEMWorks have confirmed their confidence to manufacture internationally acceptable grade DAP and have proposed further work to be conducted to reduce P2O5 loss during post-treatment of acid, using proprietary technologies, as well as a detailed costs implication assessment.




The technical feasibility of the production of international grade fertiliser has been achieved and is no longer on the critical path item of the Feasibility Study.

The technical information contained in this announcement has been reviewed and approved by Mr. Chris Neser, who is engaged by the Company as a technical adviser. Mr. Neser BSc (Eng.) MBL. has more than 32 years experience in all aspects of the phosphate industry and the types of processes reported in this announcement.










For further information please contact:

Sunkar Resources



Serikjan Utegen, CEO
Tel: +44 20 3178 5785

Donald Sinclair, CFO
Tel: +44 20 3178 5785






Canaccord Adams Limited



Mike Jones
Tel: +44 20 7050 6500

Bhavesh Patel








GMP Securities Europe LLP



Jeremy Wrathall
Tel: +44 20 7647 2800

James Cassley








Bankside Consultants



Simon Rothschild
Tel: +44 20 7367 8888

Louise Mason



















Editors Notes




Sunkar Resources plc




Sunkar Resources plc commenced mining following its IPO in June 2008. Sunkar's wholly owned subsidiary in Kazakhstan holds the Subsoil Use Contract to the Chilisai Phosphate Rock Deposit in NW Kazakhstan. The contract area is estimated to contain 800 Mt of phosphate ore.




Sunkar's strategy is to build a world class integrated ammoniated phosphate fertiliser plant with low operating costs. Sunkar's low cost base derives from its near surface phosphate rock deposit, access to cheap sulphur from the nearby Tengiz oil field and regional long-term marginal priced gas.




The Chilisai Phosphate Rock Deposit is ideally located on a transportation hub that spans the agricultural markets from Western Europe through to China.


This information is provided by RNS
The company news service from the London Stock Exchange

END

And indeed confirmed by another big price jump this a.m.

Excellent news along with CHL and AST,almost red letter day?
cyril

ps. taking the dog for a walk to help clear my head.