Sunrise Resources Share Discussion Threads

[theaviator] 12/8/2020 09:24

No Sam it's not me on LSE. I presume someone else taking the hand out of you now.I'm VERY bullish. All shares intact and waiting a contract next week???! ;)

[theaviator] 11/8/2020 16:49

The risk is zero here now. No idea why they all talking about it!

[theaviator] 11/8/2020 16:48

Ps forget SVS. They clueless and went bust!

[theaviator] 11/8/2020 16:43

Hi Jon,Hope you're well. Any crypto these days?I'll PM you over next few days if you can assure me it won't go on the Twitter group or LSE.Thanks

[jonboycider] 11/8/2020 15:56

You mentioned the other day that nobody understands the profit margin. The January 2019 SVS research note suggests 29-30%. Do you have reason to believe that it may be different?

An final question, if you don't mind me acquiring some knowledge from you. In your experience, when is a firm of this size likely to be in the radar of institutional investors. I'm not sure the £500-£1000 purchases that are going through this week are going to move the share price that much. I think we need a big player to want to get in on the action.

Your thoughts would be appreciated,

jonboy

[jonboycider] 11/8/2020 15:45

Hi Aviator,
I had calculated that from year 4 onwards, profits would be £20m + per year. Do you agree?
Also, why do you prefer a sale now rather than PC taking this forward. Don't the longer term revenues provide potential for a greater MCAP than the price that PC could get for a take over now.
For example, would a sale now price in the value of expanded perlite? I'm note sure it would because the machinery to allow this isn't on site and won't be until phase 2.

[theaviator] 11/8/2020 14:46

For the few that have thumbed me down let me explain as it seems the penny hasn't dropped.Currently 6ml MCWell if Pat takes the project himself imagine profits between 10-15ml a year if you can keep your nerve. Dyor on valuation. ;)If a buyout then happy to take the price offered but it'll spike larger prior anyway :)Win Win whatever way you look at it.

[theaviator] 11/8/2020 14:41

Ahhh looks like it's Bluehorseshoe trying to be a smart ass. A dud and a nobody.

[theaviator] 11/8/2020 13:52

I absolutley mean it when say no shares of mine going to be sold until value comes. Not a single one!!

[theaviator] 11/8/2020 13:51

Contracts will drop and deals galore now to come. This is only beginning

[theaviator] 11/8/2020 13:51

Who is Sampoll on LSE? Whoever he is he is clueless.

[theaviator] 10/8/2020 13:58

It's a relatively easy ten bagger from here really

[theaviator] 10/8/2020 13:50

It's just the start.

[regandharry5] 10/8/2020 13:10

5,500,000.

[theaviator] 08/8/2020 23:22

Or they mean 5ml and put am extra zero by mistake!?! Which would seem to add up correctly with the other warrants.

[theaviator] 08/8/2020 23:21

The decimal I'm wrong place lol They will have to reissue rns

[theaviator] 08/8/2020 23:17

"a total of 5,000,0000 warrants over new Ordinary Shares, representing 0.15% of the Company's issued share capital after issue of the Fee Shares, to employees of Tertiary Minerals plc ("Tertiary") working on the Company's behalf and to a non-executive director of the Company in connection with their remuneration as follows:"This has to be a typo!! 50ml doesn't equate to .15%

[theaviator] 08/8/2020 22:58

They really haven't a baldy on LSE re profit. Kind of puts me at a bit of an advantage I think. Think will keep it to myself too LOL

[theaviator] 07/8/2020 18:51

Quicker than you may think though. Kirkland didn't take v long at all.

[theaviator] 07/8/2020 18:51

Rise Sir Lancealot! Spot on!

[the_beagle] 07/8/2020 18:17

bsg.

The directors will only be OK if the shares they take ilo salary are ever salable at a decent price. They will look for a complete takeover of the company in due course, as Patrick has done before. That's why he is wealthy enough not to take a salary.

Might take a while but it will be worth waiting for imo.

[loot2309] 07/8/2020 16:12

Debt is less of a drag on share price than doubling the amount of shares in issue.

Sensible borrowing for investment is a perfectly reasonable way forward when you have clearly quantifiable revenues to stem from it.

The cost to extract these minerals is minimal, its sitting around on the surface.

[bsg] 07/8/2020 16:00

Debt causes a long term drag on share price. The BOD will continue paying themselves in share I imagine, plus bonuses etc so they'll do OK. So will we hopefully. A JV could be the best way to go. Plus they have other projects to explore further. They'll need cash from that as well. So double seems a good estimate.

[loot2309] 07/8/2020 15:49

Any science behind that double estimate?

There are many other ways of raising finance once you have a viable project and I am not sure the Directors, who have been paying themselves in shares, will chose to halve their value rather than seek a joint venture partner or raise finance once they have off take agreements.