Floated at 120p on June 08 raising 33.6m to fund the development of a fertiliser factory, has used $5.9m for adquisitions September 08 and said it still had $26.9m left at 30 June 09.

The company has a phosphorous rock deposit in Kazakhstan totalling 800 million tonnes capable of producing fertilisers for the next 56 years.
The deposit lies in a flat lying position on the Kazakh steppes close to surface so will be cheap to mine and the world still needs fertilisers.
Positive points
1. Shallow - 1 to 3m depth. Ultra low cost to extract.
2. Close to Tengiz oil field which has high sulphur content, hence cheap source of sulphuric acid.
3. Located at junction of two main railway lines giving direct access to Russia/China.

Sunkar is suppose to be one of the lowest cost producers in the World at sub $125 per DAP (die-ammonium phosphate) tonne. The average is circa $200 with some producers as high as $300.
The case for phosphate deposits is population growth means more agriculture means more fertiliser needed in the future.
RESUME SKR produce phosphate for DAP fertilizer and have licenses and acrage in Kurdistan to last 50-70yrs producing in excess of 100M tonnes of raw material each year. 160m shares in issue, directors own a significant chunk. Also they have a cheap source of sulphur required to produce the DAP

Phosphorus - its role and nature
Phosphorus (chemical symbol P) is an element necessary for life. Because phosphorus is highly reactive, it does not naturally occur
as a free element, but is instead bound up in phosphates. Phosphates typically occur in inorganic rocks.
As farmers and gardeners know, phosphorus is one of the three major nutrients required for plant growth: nitrogen (N), phosphorus (P) and potassium (K).
Fertilizers are labelled for the amount of N-P-K they contain.
Most phosphorus is obtained from mining phosphate rock. Crude phosphate is now used in organic farming, whereas chemically treated forms such
as superphosphate, triple superphosphate, or ammonium phosphates are used in non-organic farming.
The current major use of phosphate is in fertilizers. Growing crops remove it and other nutrients from the soil... Most of the world's farms do not have or
do not receive adequate amounts of phosphate. Feeding the world's increasing population will accelerate the rate of depletion of phosphate reserves.
and...
resources are limited, and phosphate is being dissipated. Future generations ultimately will face problems in obtaining enough to exist.
It is sobering to note that phosphorus is often a limiting nutrient in natural ecosystems. That is, the supply of available phosphorus limits the
size of the population possible in those ecosystems.

13 May 09 conference - fertilizers link about SKR ....minesite

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We are talking about avoiding mass world starvation.Anybody who thinks otherwise should get their head out of the sand.
Fertilizers provide the best bet to dramatically increase output. No matter which way you slice it,either food production is dramatically increased or tens of millions are going to starve.
It is clear that SKR has the support of the Kazakh government. Like Cyril says Rome wasn't built in a day.

am i not correct in saying that sunkar's resource is very low grade?

nice until we get te BFS and PIMS we are goimg nowhere. but happy to hold

the good news is that there are only 13 more days left in this year .

looking back at the company . they did a placement at 120p
so those that bought are over 102p down because of inflation
it does not say a lot for the way the company is run.
it says that the board need to get this news out soon and it needs to be good .
we can now see why investers do not want to buy into SKR .

and today a little buying is there a leak out.

More likely a belated reaction to the last bit of news,but hey who knows.I am still of the opinion that we aint seen anything yet!

two buys of 300k

I sure hope so. I have got a few too many of these!

Looks to be all buys -900 k so far

think of those that listened to the company and bought at 120p plus inflation they have paid over 145p

rns must be close insiders are buying .

Although not yet reflected in the price,there appears to be a renewal of yesterdays buying interest.

some buyers must have been given the nod .i do not like insider news for the ffew it stinks

Volume hardly scintillating!

Yes,that is the problem,but at least mostly buying is positive.

so news on the street rns next week.

only 6 more trading days left

two weeks have now passed since last rns saying news soon . do they know what soon means

Imminent is up to a month,so soon, 6 weeks maybe? Timescales pn such indusrties
are have an different meaning than to the normal everyday run of things?
Chill out,not so importent unless your looking for a quick profit?

cyril