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    

Their certainly is a lot of nastiness here. Why not try and be pleasant?
Civility costs nothing!!

you are right .... there will always be a bit of minor handbagging, which is fine, but unfortunately, every so often, a persistent personal abuser shows up

Exactly . The trouble is, alas, that these people never see themselves the way others do . Tis a great pity really,for the world would be a much happier place than it is.

Especially if they would learn to spell correctly. They make themselves look even more stupid.

Too busy frothing at the mouth to appreciate such "minor " considerations, I expect!

One can not be nice when B@stards are about ( cynic ) they will persue around trying to copy the selection for the day and post negative afterwards
also saying that bought below selling price

Showing strenth with a rise to 32 / 33p

Spell properly for throwing hanbags,do not make me laught

I post all the time and do not event read it back, mind you going to the spell check for you to read it properly.

This is money making place not an English exam

HARRY have you find you CAT, do not ask for help I am too busy making money

155k bid vs 239k offered ...... sp +0.375p = 1.19% = 32/33 on the day
fail to see any way that is making any money

btw, only goyim willingly pay the full asking price

Just ask Tanker! I expect that he can explain it all.

That is what MRSI said almost word for word a while back (post #671). Just can't throw off old habits eh. cielo?
On the subject of spelling correctly, you may have a great deal to say, some of which may be accurate, but if you can't even get a four letter word correct, which wouldn't tax the average ten year old, then your credibility will suffer.

HARRY have you find you CAT?

(post #671) Is mine

make up you mine

cynic

re >> re fail to see any way that is making any money


Are you stupit an a fool on top?

bought last Wednesday at 28.75p

Not like you, paid over 30p + ( bid at 30.25p ) but you said 30p (LIAR) and sold 2 days later at 31p, does not cover charges.

You allways follow me (STAKER) even on buying shares, the same on RRL ( ofcourse already sold ( most likely 20.50 / 21p ) and missed today's rise.

You only make money on someone else TIPS so you are a LOOSER


re >>> as many here already know, i only deal in CFDs and use my broker's L2 platform to do so

Do not be so clever I buy on the order book ( bid price ) and pay for the level 2 over 36 a month not like use miser given by ( everything must be given ) naturally everyone knows blood is corrupted on the veins no remedy for that, it just passes on no matter if one changes country.
CFD's is not paying tax enough said.

when you learn how CFDs work, that there are only minimal commission charges (no stamp), CFD taxable status (it's sb that is not taxable) and how to use L2, you will find (though never admit) that you're talking absolute garbage as so often with your bitter personal abuse ...... and though you (being a stupid donkey) may pay 36 pm for L2, it costs me zilch


You only make money on someone else TIPS so you are a LOOSER
Typical fine logic again ..... if one makes money how can one be a looser (sic)?

oh btw - for the sake of accuracy - SKR bought at 30 and sold at 31.5


eeyore! eeyore! eeyore!

cynic

You are so sick than even the doctor can not safe you

re >>>>> CFD ( no stamp)

As you said trying not to pay tax ( tax avoidence ) as I said it all the time, is on the blood ( sicK blood ) avarice.

re >>> level it costs me zilch

No pay Level 2, just take take and take, till someone takes you, it only takes time, do you remember the HOLO is all around, you are making the same mistake as what you call ancestors did, put the money away and let Germany starve ( the rest is history )
It certainly is my undertanding of the past

I make money, I pay money tax and commision ( give the poor a live ( tax for the Goverment ) and the workers on the stock Market.
I have been doing Voluntary work for a number of years, as a way of repaying my good fortune on the stock market
and today was a supper one with YELL, SRESS, RRL,VIP,SKR to mention the best of the day

re >>>> acuracy

all lies as usual ( the 30p included )

re >>>> looser

You are a looser cos you rely on other people tips
and on talking at the thread ...........Israeli Gaza conflict??????

i think the sands of time may slowly be running out for MRSI second time around

is it my imagination, or has this BB been rather more relaxed and enjoyable than of late?
has MRSI (whoops - Eeyore!) been sent on extended gardening leave, or has he just gone to hide in the undergrowth with both SKR and YELL being decidedly less than the glory boys today?

Could be his growing a bit weary of pestering us and is now looking for someone else to badger!
Haven't heard much from Tabby lately,but Blinkx looks to be picking up lately, so---

Or it could be that SKR has hit the skids again!

Sunkar Resources plc (AIM:SKR) confirms that it has on 17 March 2011 received notification from Righ Capital Limited that on 20 December 2010, Righ Capital Limited's interest in voting rights attached to ordinary shares in the Company decreased from 4,905,250 to 4,680,250, passing through the 3% threshold.