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 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

Now on auction 34 / 33p

strange old chap is Eeyore ..... must live a very sad and lonely life with all that pent-up bitterness

what can i say that's nice about SKR? ..... not a huge amount, though my position is running an adequate profit which i may let run for now ..... an ok share to trade nimbly i guess, of the same ilk as EOG

.A long term winner ,methinks, but the immediate prospects are not so clear.

The B@stard J has to follow the master ( to make any money ), yes here and RRL the last ones, just waiting for my signals.

Useless is the clue for you "cynic", though you do like to open your mouth too much with all type of excuses,
so I am well known to be a straight shooter


cynic - 02 Mar 2011 13:12 - 596 of 644
cielo

there seems to have been little action ..... thus i remain undecided

be very very careful Eeyore ..... i don't take offense at your comments as i regard you as a buffoon or even a poltroon and certainly not even worthy of contempt, but a number of members may find you too objectionable to remain on board ..... you choose not to believe the truth when it is presented to you? ..... well, i guess that's your prerogative, even if your perisistent implied and actual accusations would not stand up to the most cursory of investigations

A pleasure to repply

re - must live a very sad and lonely life with all that pent-up bitterness

Poor B@stard must be talking about himself or has a very bad imagination on top.

As it happens yesterday I was going out, that is why I said >>> off the screen till tomorrow.
Yes I was out all night celebrating till this morning 11 am with my female companion ( is up to you to think: wife, girlfriend, partner, affair or a night stand ( not my type the last one).

So lonely is certainly not, have another try without bitterness

trollop .

Have you ever consider you to be at fault?

I have seeing you being involved in numerous arguments.

You sending emails to money am....... I do not like this poster

etc.etc.

get lost is the best, or maybe take a tablet or two to calm down.

cielo, give it a rest. It's becoming very boring and you are sounding more and more like MRSI every day and don't forget what happened to him!

I'll second the motion. When one encounters prats like this one, it makes one worry for the future!

Every one has its day: is it motion day for "chessplayer"?

Will make a joke about it then, as it is not AGM not EGM>>>>>>>........... has no idea of chess not of playing it

cie . it time for your nappy change i can smell you from here

How someone with no brains smell?

It looks ike you are a JOKER at the same time as a TANKER