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SRES Sunrise Resources Plc

0.0475
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sunrise Resources Plc LSE:SRES London Ordinary Share GB00B075Z681 ORD 0.001P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.0475 565 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.045 0.05 0.0475 0.0475 0.0475
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels -391k -0.0001 -5.00 2.05M
Last Trade Time Trade Type Trade Size Trade Price Currency
12:20:53 O 565 0.046 GBX

Sunrise Resources (SRES) Latest News

Sunrise Resources (SRES) Discussions and Chat

Sunrise Resources (SRES) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:20:540.055650.26O

Sunrise Resources (SRES) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Sunrise Resources Daily Update
Sunrise Resources Plc is listed in the Misc Nonmtl Minrls, Ex Fuels sector of the London Stock Exchange with ticker SRES. The last closing price for Sunrise Resources was 0.05p.
Sunrise Resources currently has 4,095,052,030 shares in issue. The market capitalisation of Sunrise Resources is £2,047,526.
Sunrise Resources has a price to earnings ratio (PE ratio) of -5.00.
This morning SRES shares opened at 0.05p
Posted at 06/4/2024 16:12 by irishdave2
Portland Cement Association have now set standard in green cement.The bigger players will move and secure supplies.At present most supplies come via distributors and with prices holding 95$ per ton for fly ash will want cheaper source,sres have it.when P.C. Stated a deal would be made in first half of this year,he knew this standard was being agreed with association and would give green light for deals.
Posted at 28/3/2024 15:25 by irishdave2
Saw engineer from Mannok cement again last night,who holds shares in sres.He stated again that it will be ready mix plants that will use most of our pozzolan.He was told by P.C. That it is high quality will mean a premium price and high demand,some distributors have been found supplying poor quality s.c.m. Of late,being reason for price going up $5 ton in past week in u.s.a.
Posted at 05/3/2024 08:39 by irishdave2
1wager communications are big problem at sres.If I can find info why is it sres do not publish sane on site,he knows about it,he likes keeping things in house.Plus info provided by bsg not quite correct.
Posted at 29/2/2024 20:03 by barnaby5
Yasx. How pathetic you are being paid to drive share price down. You need to take a good hard look at yourself. It’s very easy to hide behind your posts. When did the he financial guru turn up. When did I buy in Sres. You gavent a clue. Pc does as I spokw to him yesterday.
Posted at 23/2/2024 08:42 by theaviator
I don't think it's appropriate for a poster like yourself who rarely contributes to come on and state comments like that which are rubbish and factually untrue.There is absolutely no doubt PC is trying and I jumped back in because of CS. Metals don't interest me because they are simply too costly. However Sres has been run no differently to most explorers and dilution is part of the game. The secret is trying to time it and news flow. That's what aim is factually all about. It has been tedious no doubt and many of us are disillusioned because of PCs miscalculation of the time lines but I remain hopeful he does get CS sold or JVd and he is hopeful within this half of the year. If news drops like this the share price would likely treble on open!The MC is a mere pittance and even a royalty income would supply that pa and that is also a likely event in the not too distant future. So again, to just just come on the board and type utter tripe is nothing shirt of amateurish and childish. I am level and also have concerns but for now I am concerned regarding yesterday's unanimous decision when I know for fact many millions of shares were voted against certain resolutions.
Posted at 15/1/2024 09:33 by benchmark
Just shows how ignorant some are. The market capitalisation is directly related to the number of shares in issue. The pitifully small market cap is the product of the share issue multiplied by the current share price. The value of any asset that might possibly acrcue to Sunrise has to be viewed in terms of the number of shares over which it will be spread.
SRES has 4.095 BILLION shares in issue. If Santa Claus paid a return January visit and put £10 million into SRES's bank a/c, it would equate to raising the NAV by no more than .25p. And for a company that makes a fuss about receiving 100,000 for an option, talk of income of millions is just ridiculous and fanciful. The stuff of day-dreaming gamblers (and the odd crystal ball gazer - and by "odd" I don't mean "occasional".)
Posted at 08/11/2023 18:57 by theaviator
Absolutely agree. Other projects waste time. Remember diamonds and barite?!I'm voting against! He's had plenty time to raise when share price higher. I'm not supporting it. Remember same on TYM a few years ago and resolutions weren't passed and share price flew??!If Sres continues like this he will find that a few shares holders will club together and buy the damn company! Yes we can!
Posted at 17/10/2023 13:57 by benchmark
"Research" and "investors" - what a laugh and such a mis-use of words in relation to SRES and the daydreamers who follow it (as well as the charlatan who insidiously promotes it.

The idea of a value of 2 to 3 $ billion - that is just mis-leading. Firstly, its a totally notional figure and then one has to take into account some kind of split with a JV partner, the costs of bringing it all into production, the cost-of-sales etc. And never forget that whatever income might EVER (if ever) accrue to SRES, it will have to seen in the context of a 4.1 BILLION share issue. To fund any future projects (and Sunrise has certainly left a trail of failed projects in its wake), even more shares will have to be issued. Further dilution.

And meanwhile, the share price slides - there is a message there but most won't want to know.
I write this in the hope of deterring anyone who might imagine, from the overly optimistic postings on this and on another bulletin board, that there is a fortune to be made here.
Posted at 20/9/2023 14:48 by 1wager
It’s people who have been here a long time that are getting fed up! We believe in the resources that’s why we are here! It’s just constant years of seeing share price fall and no news! I was here when the share price was 0.40!!
Posted at 16/7/2023 09:17 by benchmark
Vulnerable? Yes - those who have put money into SRES are indeed vulnerable because there is a fair probability that consolidation is around the corner. And consolidation rings alarm bells for shareholders. The reality is that SRES doesn't even qualify as a "penny share" - its worth only around .085 of ONE PENNY. As such, the company can have no credibility with significant investors. An obvious way to attempt to achieve some respectability would be to consolidate the share issue thereby increasing the share price while maintaining the same market cap.
SO - at present the company has 4,023,623,459 in issue (Yes - over 4 BILLION shares) at, say, a value of 0.085p per share. This gives a market cap of £3.43 million.

Consolidating 1 for 10 would lift the share price to 0.85p
Consolidating 1 for 100 would lift it to 8.5p
Consolidating 1 for 1000 would raise it to 85p

It would have to be the 1 for 1000 option, otherwise SRES would still be in the "penny share" category.

The result would be that all shareholders would have their holdings reduced by a factor of 1000. If you did own 5 million shares then post-consolidation you would hold just 5000. But the share price would have increased from 0.085p to 85p. Market cap would remain unchanged.

And this is where the vulnerability comes in. At present, shareholders may think that at a share price of 0.085p that it can't fall much further. Whether or not that is correct, it is a totally different matter if a share consolidation was implemented. Then, at a share price of 85p there would be plenty of space into which it would drift downwards ... 82p ... 77p .... 70p ... 68p...

There are a few posters here who would do well to look in the mirror and into their own consciences. Its all very well to waste ones own money but to pump unfounded optimism into this worthless company and encourage others to waste their money too is pretty despicable. And the disclaimers of "IMHO" and "Do your own research" doesn't exonerate the rampers either,
Sunrise Resources share price data is direct from the London Stock Exchange

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