Just bought into this stock, anybody else a shareholder?

share price up 1.25 today.
Looks to be based largely on director buying

and another 1.5 today to 15.75

lot of director buying going on

Well,they are certainly on a roll at the mo.,up now by 50% since low of 12 on 21 June.

but a real tiddler with cap of only 27m, which makes trading dangerous.
at least it's a SETS stock, so if you have L2, you should be able to trade quite well inside the published (wide) spread

something funny going on with SKR.
Considerable buying interest(over 2,000,000 buys and 500 K sells),but stock down by 1 (7%)

shaking for stock.

bought some more today, a few tranches as expect news is imminent.

3 lots of centres testing for phos acid, so a bit of competition to get it done.....

S W Looks like you made the right call on this one .

http://www.moneyam.com/InvestorsRoom/posts.php?tid=14368#lastread

sod off

I can't understand the price movement on SKR. There has been a good deal of buying interest of late, but price marked down significantly (5%)
Buys 217 k,sells 20k
Obviously,there are other factors here,but what are they?

A good report but still awaiting the lab assessment.
cyril

A loss of $7.2 m,but presumably better than expected judging by some buying

The reason of buying is the target of 1M tonnes will be achieved and cash still on good supply..............


Half Year results today, with target of 1M tonnes will be achieved, as 634,000 tonnes of ore mined was announced with results, Cash of US$ 26,157,000 on the bank

A closing comment by the chairman from todays results.


The medium term outlook for the phosphates sector remains positive as world prices have started to rise again with benchmark US Gulf DAP now above US$300 per tonne. The industry is confident that volumes will be restored as the autumn markets pick up. The underlying fundamentals of food demand and population growth in Asia remain unchanged, and the project is well positioned, with good infrastructure in place, to benefit from growing local and regional markets.




Teck Soon Kong, CHAIRMAN

15 September 2009

chess how much phosphate will be produced from 1 million tons of ore?

Based on the statement below,I reckon it should work out at 170,000 tons. At $300 . per ton,that should be worth $51 million



Our mobile beneficiation plant is consistently producing target 17% grade rock and has been augmented recently with the purchased of a Metso Lokotrack ST620 mobile screen. The beneficiation plant is expected to reach full capacity by the end of the 3rd quarter of this year.

Master RSI
you dont even know the companies name!!!!!

What are you talking about,sunshine?

razmun

re - Master RSI - you dont even know the companies name!!!!!

But I know you OK .......... look below

MoneyAM Username: razmun
Real name: bullsheet talk
Location: somewhere in the ether