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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CNBC keven sanderson likes this sector and says buy into sector

the company have said that we will get news this coming year.

sell and buy back at 30p

we will get news this coming year ..... assuming that is a correct quote, that is totally preposterous and indeed almost meaningless ...... effectively tells the investors to f off and we'll give you some news when we're good and ready

cynic . this says it all feb next tuesday

Sunkar intends to announce the preliminary results of its Bankable Feasibility Study for the Chilisai Phosphate Fertilizer Project shortly, in early January 2011.
this was 5 weeks ago
if you can not keep to rns do not put them out simple end

This is getting to be rather like the Chinese water torture!
Give it a rest .

I don't know why you let him wind you up.

He doesn't post on any other thread and is obviously a MM or other pond life who is trying to influence PI's in their dealings.

Of course you could change his name slightly to get to the truth of the matter.

if i was an MM i'ld probably be paying myself an awful lot more than i currently do ..... as several here know, i am vaguely in the shipping biz, specifically involved with the movement of chemical and (special) gases, much of which is to the oilfield services industry

DD . You must mean BANKER,or maybe something else that rhymes.

Quite correct cp ...

...Banker it is then

in that case, i'ld have bundles and bundles more cash and be paid absolutely oodles

re - BANKER

God give me strenth

Somebody needs >>>>>>> BANTER so look around is allways the same one ....The lonely person that love cash but does not have the brains on how to make it.

I am very rich . one of the top 5 percent in the uk thanks .just like things to be correct if one of my manages acted like certain folk he would not work for my company . now good bye going to the usa for a few weeks vacation

TANKER

my above was not for you but

You have just let us know that you were born with .......

a SILVER SPOON in you mouth not like others than they and are working hard to make ends meet ( cynic )

as was said in another era, Arbeit macht frei ...... and as long as i enjoy what i do, i shall keep on doing so

btw, i'm surprised that being in the 5% in UK qualifies you as being especially wealthy, not that it's of any great importance

is this company for real is it run by idiots it is now 6 weeks since the rns
if they are not up to the job then get out resign .and let some one run it who can.

be careful or Mr Blue Sky will start getting uppity with you, and you know how scary that can be

just looking in . loverly morning sun shinning.


this company is now losing all credibilty .
dec 24th rns are now nothing but lies .
no wonder AIM market has a bad name
with muppets like nurds running them .
i thing that very bad news for private investers on way
stitch up this is my personal views .
all have a nice day

please tread very carefully or that nasty bogeyman Mr Blue Sky will be chasing you round the block with a big stick for disputing the parentage of one of his pets

I reckon that if a competition was held to find out which thread had the most whining and bitching about the stock,this one would WIN HANDS DOWN.
Just think how much moaning and bitching there would be if the stock hadn't risen by over 150%
The mind boggles.