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

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In view of Russia's crisis in food production ,coupled with the support of SKR by the Kazakh governmrnt, I do not find a problem in believing that the company is doing whatever it takes to get things done.
Patience,which in the past, I have sometimes lacked to my cost, must not be sacrificed if you believe you are on to a winner. I cannot for the life of me understand all this moaning and bitching. Especially when we have a stock up over 150% !!! in the space of several months.
If I was like that I would get out of investing or else,shoot myself.

he ment he is doing is best to destoy skr

credibility is zero for nurd

re - If I was like that I would get out of investing or else,shoot myself.

How right you are, a company with a share price rising from around 18p to 45.50p today during the last 6 month sure there is nothing to complain about.
But there will always be the moaner for just being a moaner or the odd one who left it too late and bought at the last spike, that will complain about anything.

why give out rns if they are not true

over 300.000 sells today why

cielo . are we about to be shafted by dilution to let the ipo fund buyers have more shares for a song ?

just for you guys,

point taken; however, we shareholders do like to know what is going on with our company and if the company do not meet deadlines such as end year 2010 and early January 2011 for the PIM it would be nice to know why ! A simple RNS explaining the situation/delay would suffice and show that our directors not only care but are willing to communicate.
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from i

it looks like bad news on way

A lot of aim listed stock down due it appears to S/B firms getting out of taking bets in this section,with the result that many are closing rheir positions(certainly march calls).
The result of course, is lots of sells = lower prices short term,perhaps an ideal buying opportunity?

some of those sells are mine .
i smell bad news dilution

it is a very simple job to sort out BFS .we have problems in my view.

CNBC keven sanderson likes this sector and says buy into sector

the company have said that we will get news this coming year.

sell and buy back at 30p

we will get news this coming year ..... assuming that is a correct quote, that is totally preposterous and indeed almost meaningless ...... effectively tells the investors to f off and we'll give you some news when we're good and ready

cynic . this says it all feb next tuesday

Sunkar intends to announce the preliminary results of its Bankable Feasibility Study for the Chilisai Phosphate Fertilizer Project shortly, in early January 2011.
this was 5 weeks ago
if you can not keep to rns do not put them out simple end

This is getting to be rather like the Chinese water torture!
Give it a rest .

I don't know why you let him wind you up.

He doesn't post on any other thread and is obviously a MM or other pond life who is trying to influence PI's in their dealings.

Of course you could change his name slightly to get to the truth of the matter.

if i was an MM i'ld probably be paying myself an awful lot more than i currently do ..... as several here know, i am vaguely in the shipping biz, specifically involved with the movement of chemical and (special) gases, much of which is to the oilfield services industry