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Sunkar Resources (SKR)     

barclay - 27 Nov 2008 12:26



Just bought into this stock, anybody else a shareholder?

chessplayer - 23 Sep 2009 09:32 - 75 of 284

According to a post by Barclay last November,the price for phosphates was about $1,000 per ton. Currently in the region of $300. per ton there must be considerable upside in the price.
Also worth noting is Kazakhstan (is that how you spell it) and Russia are both world top 10 grain producers and are of course on the doorstep.They will use plenty of phosphates.Then of course there is China!
I understand that this years target for phosphate production is 1 million tons.
Is anybone aware what future production is expected to be?

niceonecyril - 23 Sep 2009 10:06 - 76 of 284

C/player the 1m/tommes is unprocessed and sold locally,i believe something in the region of $3/tonne profit? The reason why the analyst is taking place is to confirm its suitability for processing to fertlizer,which if as expected will add considerable value. It will then take time and quite a lot of money ro build a plant,the reason for doing so is transport costs.With raw phosphate at about 17%
and the difference in transporting the 2 and the prices is enormous.So makes sence to process at source and as a bonus the prices will be a lot higher than todays?
So a lot of patience and dilution will be needed,one for SIPPS(if your young enough?)and the bottom draw? imho
cyril

marni - 23 Sep 2009 12:21 - 77 of 284

now at 22.5p

marni - 23 Sep 2009 14:02 - 78 of 284

woohoo 23.75p now

Toya - 23 Sep 2009 14:49 - 79 of 284

Well this makes up for PXS!

marni - 23 Sep 2009 15:02 - 80 of 284

this has large cash in hand plus fundamentals and good contacts make this a good medium hold.....broker has this for 43p i think

marni - 23 Sep 2009 15:22 - 81 of 284

now 24.5p woohoo

dealerdear - 23 Sep 2009 15:45 - 82 of 284

and I'm out with a good profit.

marni - 23 Sep 2009 16:58 - 83 of 284

dont u start dealer.....sounds like cynic

now at 26.25p, haha.....i'm amazed at novices yesterday selling, probably day traders that aint a clue about company

imho this will be higher in future and not on silly day to day moves.

Still Waiting - 23 Sep 2009 18:35 - 84 of 284

hope everyone's loaded up, I'm expecting a bid from a major Potash co.

marni - 23 Sep 2009 18:48 - 85 of 284

apparently master rsi bailed out IMMEDIATELY once it went up yesterday, lol.

he's in lloy etc hoping for 0.5p rise over a month, lol

dealerdear - 23 Sep 2009 19:43 - 86 of 284

You've always been an idiot marni and guess always will be. Master knows more about shares than you could ever understand. Like me he makes his money and gets out. I don't care whether this is 100p or bust next year, if it's a trading op again then I'll buy in make my money and get out. Simple as that.

Mind you, you do give me a laugh during the day to brighten the boredom.

niceonecyril - 23 Sep 2009 22:01 - 87 of 284

Was about to post,but i'll come back when you've all finished bickering.
cyril

marni - 24 Sep 2009 01:34 - 88 of 284

go on cyril.....i always value your posts......unfortunately dealer boy has turned childish. he seems to think theres a correlation between intellect and money; err, ask beckham etc poor lad that probably cant read or write

as i say, i made 700% on some shares this year already byt dealer can beat by sounds of it by dealing selling dealing selling over and over......jes i'm getting dizzy thinking of the whole stock market thats banging about his head......well something should be banging his head, lol

dealerdear - 24 Sep 2009 07:52 - 89 of 284

more like lost 700% and now working through the loans

lol

niceonecyril - 24 Sep 2009 08:28 - 90 of 284

SKR my only blue in todays market,so something is out,us pi's will have to wait for offical news?
Each has ones own trading/investing stratagy,so i don't worry about others just concentrate on my own.My thoughts at present is whether to top slice, i'll wait for update and make my decision?
cyril

Toya - 24 Sep 2009 08:31 - 91 of 284

Think I'll hold on, even if it dips a bit, as I think there must be longer-term potential here

dealerdear - 24 Sep 2009 08:41 - 92 of 284

A profit is not a profit until you've taken it and don't forget that some people got burnt yesterday on pxs.

chessplayer - 24 Sep 2009 09:08 - 93 of 284

Has anybody any news re shares taking off?
Hope you have fastened seat belts

niceonecyril - 24 Sep 2009 09:10 - 94 of 284

DD spot on,thats why i've consider top slicing.However their imo is enough in the latest interims to suggest that the analyst will be positive, which will give an added boost to the SP,then i will probalbly top slice.
cyril
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