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    

150% accurate ? That's an interesting concept.

re -my order was filled internally with another **** client

for that to happen, one pays around middle price, not below bid price 30.25p and also should be reported, otherwise you do not pay stam duty, and that is illegal.

You will have to be reported with your broker at the same time

re - 10%

there is only 100%, though some people say 110% also

a modest tautology for those who manage to make complete asses of themselves

CFDs don't carry stamp duty ..... any more prattish observations you'ld care to make?

i'm sure we'll all hear you braying soon

You like to go round the bend and then ben over.

you have been caught too many times making statements and then can not full filled them

DO you remember your post ........

re - cynic - 02 Mar 2011 15:12 - 611 of 625
I have place an order

filled at 30,


CFDs are not being filled

but placing an order to the broker or in the order book.

I became suspicious at the price you said 30p, that was below the price one could place and get at the time on the order book 30.25p or buy through a broker at above middle price 30.75+( and with good luck get them), though were rising at the time so is more difficult

eeyore! eeyore! eeyore!

so what silly semantic game do you now fancy?

as many here already know, i only deal in CFDs and use my broker's L2 platform to do so
99% of the time it is direct from my pc, but for some reason this particular transaction could not be accepted by the L2 platform at the time, so it had to be lodged via my broker
it showed on screen for just a short while as a couple of minutes later he rang to tell me he could fill it internally, which we did

if you don't like the words "placed" and "filled", what would satisfy your superbly pedantic little brain?


and by the way, using L2 you can place an order to buy or sell at any price you choose
i rarely bid the full offer price pertaining at the time or sell at the the price bid
clearly that crumb of knowledge had also escaped your notice


you really are making a truly stunning if idiotic spectacle of yourself, and not for the first time, and nor i fear, for the last

TEA TIME FUN

Mother nature
Nature, they say, is a hostile and dangerous place.
But tell that to these creatures, who've come over
all cute and cuddly for baby animals from another species.


This furry little guinea pig escaped the arms of its owner
and found itself in the baboons' cage. Incredibly,
the primates adopted the little scamp as their own.

find a pic of a donkey and then you can admire yourself!

That must be >>>>>> The Mother of All Excuses


Have any one found enough reasons on the answers above?

Not convince a bit and I am going off the screen.

Tomorrow is another day

sounds more like cannot think of any way in which to escape his total and utter asininity .... concur it would have ben very hard apart from apologising, but genghis khan would have had better grace to do so

really cannot get annoyed with the cerebrally challenged and i suppose it's almost bad taste to watch them as if in bedlam

cynic why do you both with a complete muppet. he can only turn to being abusive which tells you he is a very nasty human with little to live for

TELL the TRUTH and you will feel better is the motto. ( never main the consequenses )

Back in town (an on the screen ) and the one from the EAST do not play like the ones on the WEST

re ----- not paying tax

Nobody can see farther than there noses ....

edited cos it has been read by the one directed.

and saying something about SKR will be nice

The share price is continuing from the bounce yesterday, on a weaker order book ( but should not count the 55K at 54p ) so still better on the bid side.

a 1.50p rise is nice to start with

cie if you know so much .how much dilution is there going to be,

Is moving on the right way the move is on the bid to 32p
and volume just short of 1M

Volume is 1.6m including plus.

and 32.25p offer gone now 33.25p with 10K from LCAP on level 2

good luck to all holders i do not hold these now .will look in some times

the reason is i am putting all my cash in to MRW