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    

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.

Come on you guys ,why don't you both kiss and make up. They won't arrest you for it any more!

can we watch .....

:-o

you enjoy voyeurism i take it .... the guy is just such an arsehole and i wouldn't be at all surprised to find that he is actually MRSI in another cloak, for he is obsessed with complex chart patterns - and personal abuse in all senses!

One joke that went around about the time that homosexuality was legalised( if that is the term to use) went something like this . one friend to another. " I hear that gay sex is no longer illegal"
The other friend replies " I think that I will get out now before they make it compulsory!"

An old joke ........ don't remember about getting out now , get out of what or who ?

i thought gay sex was what wives only enjoyed when they were single

Don't understand that , if its meant as a joke . Are you saying all single women are lesbians ?

Cynic

re - ah well - each to his own cesspit of darkness

You can talk about with EXPERIENCE, you been on it since your parents brought you to England.
Also allways your negativity in any thread may have something to do.
Talk about stocks of the future and you talk about the company do not make any profits, that is what is making it >>>>> amusingly ridiculous.

You have no idea on picking up stock with potential, they have to be given 5 worth for a 1 then you will buy it, SOD you.

In life, sometimes you cannot say what you really want to - as the result will be detrimental to the overall business model. Wisdom needed.

I am sure "cynic" has biting his tongue more than twice

I believe EMIGRATE was the inference.

oh was that it ..... wondered what he was rattling about as he seems to be suffering from "sauce sickness" ..... in fact both sets of grandparents escaped the pogroms in poland around 1900 ..... the great shame is that much of the family history remains unknown, especially on my mother's side ..... for some reason her mother thought thought no one could be remotely interested, but at the very least, i'ld have loved to find out what induced her to go on holiday to peru just before WW1

re >>> EMIGRATE

Just on the news, as some posters can talk about anything but the company business ......

" High earners to be excluded from immigration cap

The Government's cap on immigration will not apply to workers from outside the European Union who are earning more than 150,000.

Immigration minister Damian Green said the UK had to attract the brightest and best people in order not to hinder the economic recovery."