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    

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.

Sunkar Resources plc (AIM:SKR) announces that the Company, its subsidiary, Temir Service LLP ("Temir"), and Open Joint Stock Company "Meleuzovskie Mineralnye Udobreniya" ("MMU") intend to test the conversion of Chilisai phosphorite concentrate into phosphoric acid and subsequently the production of compound fertilizers on an industrial scale. Sunkar and MMU plan to run the test before the end of H1 2011. The test is expected to consume more than 5 thousand tonnes of Chilisai phosphorite concentrate which will be shipped to MMU on commercial terms.

The primary objective of the test is the production of phosphoric acid using the main phosphoric acid production unit of MMU. One of the target compound fertilizers will be mono-ammonium phosphate (MAP).

Subject to the success of the test, Temir and MMU's main shareholder - OJSC Gazprom Neftekhim Salavat - would consider a commercial arrangement for the supply of Chilisai rock to MMU.

Serikjan Utegen, CEO of Sunkar, commented:
"It is a new stage of our Project to begin work with MMU on a bulk phosphoric acid generation test. Should the results be satisfactory, beyond the benefit of rock sales, we would also get the most definite confirmation of the amenability of Chilisai phosphate rock to produce phosphoric acid. This would be the ultimate confirmation of standard technology applicability to Chilisai rock and would certainly complement the results of the Feasibility Study being conducted now."

http://www.investegate.co.uk/Article.aspx?id=201103280800066799D

Serik Utegen, Chief Executive Officer of Sunkar commented:

Sunkar Resources plc is pleased to present an update on its milling operations and report its first revenues from Direct Application Rock ("DAR" or "phosphate flour") sales.

Direct Application Rock Sales
The Company has completed its first commercial sale of DAR. The sale is to a Russian farming company and although a small quantity, the shipment marks another milestone in the progress of Sunkar as a developing phosphate fertilizer company.

Talks with agriculture buyers on further shipments are being carried out after new domestic fertilizer subsidy regulations were recently issued by the Kazakhstan Government.

Milling Operations
The Company officially started industrial scale production of DAR at its Milling and Loading Complex ("MLC") on March 15, 2011. Currently the MLC consist of two identical milling lines with a capacity of 20 tonnes per hour each. The two silos have a total storage capacity of 1,250 tonnes of phosphate flour. Up to 30 rail cars can be accommodated on the MLC's loading terminal which links, via the Company's recently completed rail spur, to the main state railroad.

To date more than 900 tonnes of beneficiated phosphate rock has been milled into DAR. Vertical shaft impact mills, of Russian manufacture, grind the rock which is then loaded into adjacent silos and can then be loaded in bulk into hopper railcars or can be sent to the bagging facility to be packed into bags which can then be loaded into closed top railcars or onto trucks.

http://www.investegate.co.uk/Article.aspx?id=201104200700102073F

Going places today since the volume of yesterday and again today

It looks like the bottom has been reached after the sharp movement up today on a strong order book.

SKR was the sector's biggest riser, though the "AT" was at bid price 22.75p


Sunkar Resources (SKR) Share Price
22.75p +3.00p ( +15.19 %)

UMC Energy (UEP) Share Price
3.88p+0.50p ( +14.81 %)

Anglesey Mining (AYM) Share Price
66.00p +3.00p ( +4.76 %)

Emerging Metals (EML) Share Price
2.90p +0.18p ( +6.42 %)

Goldplat (GDP) Share Price
11.50p +0.50p ( +4.55 %)

The main reason for rising seems to be well oversold on the Indicators, together with large trades ( buyers ) at the lower prices

Feeding the Worlds Hunger for Phosphorus

Phosphorous is not a metal, and in one of its elemental forms, yellow phosphorous, it is very reactive. Unless it is submerged in water or oil it spontaneously catches fire in air, even at or near room temperature. It was first prepared in the early modern age; its Greek-derived name, which means the bearer of fire, came about after it was observed glowing in the dark as it slowly burned.
Medieval alchemists had no theory of chemical elements; for example, they thought that metal was a property given to one of the Four Natural Elements of the ancients, the element earth.

Medieval alchemists did find that dissolving the vapor from burning phosphorous in water produced a powerful solution of what we now call acid (in this case phosphoric acid)that could corrode base metals and dissolve some types of stone. Nineteenth Century research showed that many natural solid materials were in fact phosphates created by the ancient reaction of chemical elements with phosphoric acids.

It is unlikely that anyone before the 19th Century would have imagined just how critically important natural deposits of phosphate rock would become to the health and survival of mankind.

In a nightmarish, yet disturbingly plausible, scenario: a nation finds its supply of an essential commodity to be depleted. Without this element, its citizenrys very lives are threatened. Suppliers of this commodity, aware of their influence, opt to band together as a cartel in order to control pricing and distribution of this essential commodity, leaving the rest of the world vulnerable to price and supply shocks.

While this may sound like the situation around oil, or perhaps even fresh water if some projections are to be believed, this same scenario could conceivably play out around an element without which large-scale, productive agricultural activity is all but impossible: phosphorus, the key ingredient in phosphate fertilizers. Just as those who profited most from the 19th Century California Gold Rush were those who supplied the essential tools for mining (picks, shovels, wheelbarrows, rolling stock, canvas and donkeys), so also are those who control the supply of crucial inputs for mass agriculture like phosphate very much poised to profit..............

Feeding the Worlds Hunger for Phosphorus

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