Kore Potash Share Discussion Threads

[aidenabettin] 04/11/2018 18:43

Kore will export to Brazil and elsewhere and BLCC/AAX will supply AFRICA :)

[goodbloke1] 04/11/2018 18:42

I did say want in or probably shorting the stock.No one obsessively deramps a stock all day unless they have an agenda! Your deramping is to a much greater extent then any exuberance shown by posters on this board!

[aidenabettin] 04/11/2018 18:41

African Potash Limited.(now BLCC). Data sharing agreement signed in July 2013 with Elemental Minerals(now KORE) to support exploration activities at Lake Dinga.https://www.africanagronomix.com/potassium-1

[aidenabettin] 04/11/2018 18:38

A 10 bagger that nobody can buy because its suspended. Bad luck :(

[aidenabettin] 04/11/2018 18:36

We will be building fertiliser plant all over West central and East Africa. The mighty African potash is about to rise from the ashes with a listing in Canada!!!!!

[aidenabettin] 04/11/2018 18:34

I dont want in at all because im a holder of the neighbour. Ive just started to follow the pump n dump group from stock to stock.We have our potash in ROC and now want an east coast asset.

[goodbloke1] 04/11/2018 18:28

Keep in mind that this bloke is trying to deramp the stock in my opinion to suit his agenda.This bloke wass out in force on Friday deramping all day!

He is either shorting the stock or wants in cheaper! What he won’t say is that a placing could be at a much higher price then presently after possible funding confirmed for most of the capex

[aidenabettin] 04/11/2018 18:15

Keep in mind this is a pump and dump stock that requires substantial equity funding. If you decide to get in just be ready with the sell button as it will dump on placing news.Be careful and be aware that the pump n dump crew are here in numbers

[fromthesidelines] 04/11/2018 13:39

let's see what happens on ASX

[uk2day] 04/11/2018 13:16

A year later sunkar shares hit 2.27!!!




Sunkar shares soar as raises new funds
Sunkar Resources (LON:SKR) shares surged Monday after it raised $1.28mln through issuing loan notes to significant shareholder Sun Avenue Partners Corporation.

It comes after the stock plunged earlier this month after the mining firm warned it faced significant financial uncertainty.


Sunkar will use the funds from the 1.28mln convertible notes to make the overdue payments on the ACB bank loan and for general working capital, it said.

The firm believes the money will provide sufficient working capital until additional earth moving contracts can be agreed.

Sunkar has operated at a loss for the year so far and said on April 2 it had cash of $57,000, which was $348,000 below budget due to delays in receipt of payment for existing earth moving contracts, the delays in agreeing a further earth moving contract and the economic effects of the Tenge devaluation.

Shares added 21.07% to 2.27p.

[uk2day] 04/11/2018 13:13

Sunkar Resources (LON:SKR) shares rocketed over 160% higher today as a detailed feasibility study boosted plans to build a major phosphate fertiliser operation in Kazakhstan.

The study, completed by SNC-Lavalin International, into the proposed Chilisai project estimated total life of mine revenues of US$22.3bn.


SNC-Lavalin predicts capital expenditure costs of US$1.94bn for the two phases of the development.

On AIM shares in Sunkar, which was worth just £14.2mln before today, were up 6.6p or 160% this afternoon, trading at 10.75p.

The project has an estimated internal rate of return of 14.1% (post tax) and has a net present value of US$715mln.

According to the definitive feasibility study (DFS), production could be underway by 2016, and the project’s earnings are estimated at US$278mln a year by 2017, rising to as much as US$533mln by 2025.

Chief executive Serik Utegen told investors that the DFS has outlined ‘robust economics’ for what is a major project.

“The study has identified no major technical hurdles with the Chilisai Project and we currently anticipate announcing the award of the basic engineering contract in the second half of this year, leading to Stage I production by the last quarter of 2016," Utegen said.

Sunkar said that the DFS will now form the foundation for a prospective project financing arrangement in ‘due course’.

Chilisai has natural advantages, Utegen says, such as low cost mining, proximity to sulphur and well established regional infrastructure.

As well as defining projected economics the study published today also examined possible marketing options for Chilisai’s output.

It claims that around 60% of production could be sold into primary markets close to Kazakhstan such as Northwest China, Turkey and the countries near the Caspian Sea.

The study also concludes that Chilisai could be a competitive supplier into global markets with an export route via the Black Sea.

“Even if conservative assumptions are used for the target markets, the Black Sea export route will provide a sufficient outlet for the remaining production,” Sunkar said.
To move forward with the Chilisai project Sunkar will now look to secure financing and permits for the proposed operation.

[uk2day] 04/11/2018 13:10

[...]

Been here before with Sunkar resources!!!!!

More rises to come imo!!!

[aidenabettin] 04/11/2018 12:22

Mkt cap will increase substantially due to multiple placings with $600M-$700M equity finance required imminently. Trade the spikes and get out.

[john henry] 04/11/2018 12:17

I will be adding again Monday AM.

45M mkt Cap absolutely crazy.

[cabster] 03/11/2018 23:42

Couple of things.
Letmepass it was a buy.
As to what's the ramp look at the 2012 DFS when the resource was less with higher costs: ]
The post tax economic analysis shown on Table 20.4.1 indicates the following:
 Net present value for the project at a 10% discount rate (NPV10) of US$2,971M;
 Internal rate of return (IRR) of 29.3%; and
SRK Consulting (U.S.), Inc.
NI 43-101 Technical Report – Sintoukola Potash Project Page xii
TM/LAE Sintoukola_NI_43-101_TR_PFS_340100_020_Rev066_TMlae September 17, 2012
 A pay back period from construction startup of 6 years.
So basically an Npv of 2.9 billion which will increase when the new DFS is released next week. Stick that in your pipe.

[aidenabettin] 03/11/2018 12:02

ADVFN have to do more to stop the use of multiple accounts by single persons with a strict verification process.Blockchain technology will make this task much easier and cant be far away and will eventually be legally required. KYC has to be introduced and enforced across all social media and BB's. Blockchain will allow it to happen

[goodbloke1] 03/11/2018 09:30

Well you are one of them .You should know!

[aidenabettin] 03/11/2018 09:18

Who do you contact to hire the pump and dump crew?.Who controls them and how do they decide which stock to move onto next?.How much does it cost to have your company pumped ? .or attacked if you dont pay up

[goodbloke1] 03/11/2018 09:02

Because he wants back in! Note the term ‘nice’ lol.

[john henry] 03/11/2018 08:55

Explain why it is a sell ?????

[letmepass] 03/11/2018 08:18

Nice big sell at the end there.

[john henry] 02/11/2018 17:35

Prior to yesterday the average daily volume has been around 100 - 200K shares.

Would appear most of todays sellers where probably buyers from yesterday and today.

18M traded yesterday 17M traded today.

[aidenabettin] 02/11/2018 16:42

I wont disappear i will be your neighbour. Dont forget African potash and Elemental shared all the early data.All one big happy family. .https://www.africanagronomix.com/potassium-1

[goodbloke1] 02/11/2018 15:47

Your agenda is all too obvious to see son! Ever heard of debt finance? Yes you have but that doesn’t suit your agenda does it to mention it? As soon as debt finance is announced( to cover most of the capex) then dilution will be at a much higher price then presently and I would not be surprised to see this multibag very quickly.Yes there will be dilution but if you think it will be at these levels after possible debt finance announced then you need to go back to the village that’s missing you! Be interesting to see if you are still so ‘concernedR17; or wanting to save us from buying in if this multibags .You will disappear no doubt with the tail between your legs in embarrassment

[aidenabettin] 02/11/2018 15:34

Its not liked when posts dont suit the agenda. But its all facts. The mine will cost $2B and AIM PI'S will pay their fair share as they have with many companies. Thats what AIM is for to raise equity.