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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they are up enough 3p this morning .

chess just for you i have just bought 39613 lloys i buy odd numbers just for you. have a nice day

and by the way i sold my tw at 38.06p

Just for ... TANKER

A bird has told me >>>>
"Better to keep your mouth closed and be thought a fool than to open it and remove all doubt "

CIE just for you .amzeras

a fool is often poor . does that fit you it is not my goodself

I am not sure who is TANKING,,,,,, TW. or TANKER

a fool will always be a fool even making 25 from TW.

Do not be so sure about making more money than me or being richer.

the only thing you can be bigger is on the MOUTH

cie lol you sad person

And that will removed all doubt about TANKER >>>>> not only a fool but brainless

it only shows what kind of person you are .you are bitter of life . grow up

TANKER

You are talking like a child, first learn to respect the elders, and mainly learn from them, maybe that is the problem in UK, just cos you have a computer and 500 on the acount, does not make you a man.

I teach and give reason for my decisions on any share, but if anyone try to interfere with no reason....... I will put down the DOG.

You seem you are one of them, nothing wrong to talk about another share, but you have gone over that, like some others,

you have to remember this is SKR thread.

cie end .by the way i retired 7 years ago at 55 have a nice day and bye

now you can buy for 32p soon be under 28p

good companys do not lose over 40 percent of value on rns . it needs new management with i brain

but not yet Sunkar without trace - boom, boom!!

The world food situation is so dire, that a very strong recovery is bound to come. Obviously the issue is about timing
Let us not forget ,after all is said and done, the sell off had more to do with the promise of " jam tomorrow" rather than " jam today"

chess . you are correct , but jam tomorrow is no good .the ceo appears to be a fool .or just brainless.

it appears that cie knows him looking at the photos

where are only the rampers .

Regarding the following quote that someone suggested was by Oscar Wilde.

" "Better to keep your mouth closed and be thought a fool than to open it and remove all doubt "

After checking it out, it appears that none other than Abraham Lincoln was responsible for it.

However,check out Proverbs 17, verse 28.

" Even a fool,when he holdeth his peace, is counted wise: and he that shutteth his lips is esteemed a man of understanding."