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

Intraday
3 month Candlestick with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Plus market trades Number of people who have visited this thread    

lol!!!

are we about to get enough placing .? at 20p

mms desperate for suckers to buy

re >>> cynic - 14 Feb 2011 14:33 - 454 of 457
no one intentionally backs a loser, and that is why i don't buy SKR either!

this SOD is out of order

you are not buying this stock because you are a LOOSER is my message

We buyers are on a few baggers you are on the SH!T as usual

Yes I have no nice words for you, but that is cos you are too "cynic"

We all could do without your comments ( waste of time as usual nothing to do, comes to mind )

so squelch me you silly little man - and keep buying into that stunner CSLT

re - CLST

Buy and sell is my motto and at a profit ( sold too early by the way ) but I am not too greedy like you.

just look at the thread, have I posted again

and I do know when to buy, not like you that have to look at all the threads and "pro" recomendations.

ah, but you're the professional whom we should all admire and attempt to emulate - or so you would have us believe .... and of course you got out of CSLT with a HUGE profit, and every other stock you prattle about ..... gosh! do wish i were such a genius .... guess i'll just have to put up with banking the odd copper here and there

re >>> CSLT

looked at records

bought at 4.01p sold 1 month later 5.42p ( average as sold in two lots NMS is small ) a 35% return

as i said - you're such a genius and would never ever have been caught out in CSLT's debacle or anyone else's ..... nor would i dream of calling you a liar, any more than i would Einstein .... instead, i sit here in wonderment with mouth agape

We all know who is the liar the one that says >>>>>>>I bought yesterday ( cynic ) yes you got caught a dozen times saying the same naturally after the share price rose the day after.

Here is the chart for you

bad boy and a very stupid one at that .... you really will get soundly spanked unless you can show, even beyond reasonable doubt, that i have ever lied about what i have bought or sold or when or at what price ..... in more serious matters, your insurers would quickly run out of money bailing you out

re - Stupid

Nasty without reasonable doubt >>>>>> cynic

re - Insurers

I met on the past a Pakistany ( we call him "fatty" at the brokers office 14 years ago when the internet was not available) that arrange for the neighbough to break his front door in, so he could claim a new one. ( that was his words )

and your point is what exactly?

more interestingly, would you care to go to print with exactly what, when, where you wish to allege that i have lied? ..... i do so hope you will, as i just love the likes of you making total idiots of themselves without any outside help required ..... i recollect that your mentor(?) MRSI liked doing that so much that he was ultimately chucked out on his ear

re - chucked out on his ear

I heard it was a nasty LIAR ( cinic ) sending masages to money am, >>>>>> "I do not like Master RSI cos he tells too many truths about me"

Get lost were you belong .... maybe >>>>>> get back to EAST EUROPE, you know too well, England is not a place for people like you .

and talking about SKR for a change The Indicators are signaling a change of direction and whith that bounce back from the recent retracement - double bottom - support level

MMs / order book are keeping a large spread 34.50 / 36.50p, so time to wait for a narrow spread and better price if any wants to top up

middle price 35.50p

RSI and Stochastic moving higher from lows

skr no profit for at least 5 yearrs . it is a dud share move on

if Mr Blue Sky was not such a laughable but bitter idiot, i might actually get upset .... as it is, all he can do is chuck about fatuous personal insult, primarily i guess, because i have the temerity to disagree with a number of his stock choices

ah well - each to his own cesspit of darkness

tanker

Have you bought any Sheba [ SHE] yet ? they have been moving up ever since you said you were going to take a look.