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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Sunkar intends to announce the preliminary results of its Bankable Feasibility Study for the Chilisai Phosphate Fertilizer Project shortly, in early January 2011.

well that has now passed only 2 weeks till feb

Might even be a bit more than that who knows. It could be a double or triple whammy RNS at this rate.
--------------------------------------------------------------------------------
from iii board

Why not just Ask them ?

Tel: +44 (0) 20 7930 8678
info@sunkarresources.com

i am just putting facts . it has given me a chance to buy more .
i just like times to be correct.

have added more today. hope i am correct

tanker ,convinced me to keep adding.
I hope you are correct after reading so many of your posts for skr

i am 99 percent sure it wil be a winner. next week must be take off.

Director Dealing

Directors' Dealing


cHAKLI, perhaps the holdings of 2 directors will help?

The Company has received notification today that Mr Serik Utegen and Mr Nurdin Damitov, Chief Executive Officer and Director of the Company respectively, each today acquired 350,000 ordinary shares of 0.1p in the Company ('Ordinary Shares') at a price of 14.2p per share.




Both Mr Utegen and Mr Damitov now hold beneficial interests in 20,413,500 Ordinary Shares each, each representing 12.77% of the issued share capital of the Company.






And more added,

On 26 April 2010, the Company received notification that on that same day, Mr Nurdin Damitov, Director, Corporate Affairs of the Company, acquired 1,014,299 ordinary shares of 0.1p in the Company ("Ordinary Shares") at a price of 21p per share.



Mr Damitov now holds a beneficial interest in 21,427,799 Ordinary Shares, representing 13.40% of the issued share capital of the Company.

Thats more than 26% between 2 directors,says a lot.

dont forget to tell investers that they also put out a
IPO at 120p now 46p that was over 2 years ago so the managemnet are not that good .if you where one of those poor sods that bought at 120p . very poor deal

Tanker,the reason it tanked was all to do with timing,it floated at the worst possible
moment.Might do some good if check out the dates?

niceone.
dates to this company are a big joke .
did they mean early 2011 or even 2012
lets be honest do they no what they are doing .
they are becoming a joke on rns.

if they worked for myself they would now be on the dole.

I was referring to the colapse at 120p,which came at the worst of the credit crunch,as far as other timescales,i'm pretty chilled out as it's one massive project.IT TAKES TIME, slowly but surely the're getting their,so try and understand whats involved, be patient and you will be amply rewarded.

nice. i bought CEY in o7 they just kept going up .

all i can say is SXX must have good management our management cant even keep to any time scale

I sold sxx to buy into these my mistake

What you rate as a mistake,I rate as a fantastic buy.Up 150% in a few months.

CP,
Exactly and a lot further to go imo,if only it was as easy as tanker seems to think?

on paper or what we have been told by both companys with sxx at 21p skr should be over 100p why is it not because management can not keep to there words