Sunrise Resources Share Discussion Threads

[theaviator] 08/11/2020 17:57

Calling people names again Sam? - that's about your level as you e proved many times over. Not very nice. If you care to read you will see I am OUT. I went for the trade as stated but out. Actually .36 as I front ran the .38 as I don't like to be too greedy. It's actually hilarious you fail to read. Again your level.From now on I will not be stating my position but it's good for people to see you for who you really are. You see, truth for you seems to be odd. Says it as it is me. You may not like it but I care less.

[samspade4444] 08/11/2020 16:46

Chimp, I noticed you used the word "we" when referring to SRES (this suggestsyou hold shares). Your last post stating whether you are in or out was "out" Are you still denying you are a liar?? Of course you are! You're a liar after all

[theaviator] 08/11/2020 15:59

Take a look at Charrah's "fixed" plant. They don't look cheap lol.....

[theaviator] 08/11/2020 15:58

They still not getting it on LSE that those are the shares that were issued to the various brokers. It doesn't tell you whether they have been taken by PIs or not. You cannot determine the free float because of that. Lol

[theaviator] 08/11/2020 15:57

Just a spammer Loot. Posts on every BB.

[loot2309] 08/11/2020 15:55

That's a closed group, what are they saying?

[theaviator] 08/11/2020 14:48

I'm trying to get info from Charah solutions regarding this btw. They seem to have the best ones with latest tech.

[theaviator] 08/11/2020 14:45

Ie the "fixed" processing facility for pozzolan. I'm trying to get costings on that at present. Will update shortly...

[theaviator] 08/11/2020 14:33

From presentation. You've still an off-site grinding facility to build although a makeshift mobile one in use which rented. I guess really for trials..."Pozzolan:Low Capital Cost Start up Option - Sell run of mine ore to cement companies (e.g. commercial trial now completed).? Low risk, lower cost but lower value product.Investment Option – Build a grinding facility (off site) to produce a fine ground pozzolan for sale to the cement andready-mix concrete markets.? Require capital investment (under evaluation) for higher value product with larger market."

[theaviator] 08/11/2020 14:29

Boral hoping to start their production shortly I think Pete. Its a pdf so can't paste here but if you Google Kirkland mining update you'll find the PDF half way down the page." Following site preparation, a light manufacturing facility that will include dryers and grinding equipment will be built at the site."So they still not there yet. I guess site preparation takes a while.

[loot2309] 08/11/2020 14:27

I said through the roof too often there for one sentence.

[loot2309] 08/11/2020 14:26

The demand for Pozzolan is about to go through the roof to be fair, the cost of fly ash replacements are going through the roof. Biden's win will increase that as he is going to push the green agenda pretty strongly.

[theaviator] 08/11/2020 14:21

Not really about the volume Loot it's more the demand and I think will be tricky enough. I think maybe folk overestimating the demand for it but we shall see..

[loot2309] 08/11/2020 14:19

I appreciate the highest value is in expanded perlite but the sheer volume of pozzalan is worth a lot and it's cheaper in Capex terms to start extracting.

[pistolpete100] 08/11/2020 14:04

I'm also keen to get an update on the pozz situation - ur right that perlite is where the ££ is however if we can shift the pozz that would be ideal for covering costs - what do we think?

[pistolpete100] 08/11/2020 14:02

Afternoon, yeh strange post on lse re major shareholders - doesn't really tell us anything given it's just custodian accounts not the actual holders - anyway, on the perlite plant I would be looking at build, testing complete and producing with 8 months with a fair wind - the plant itself I don't think is massively complex so that should help... - how long did it take Kirkland do we know?

[theaviator] 08/11/2020 12:43

It's where the real money is.

[loot2309] 08/11/2020 12:29

Why do you say it's all about the Perlite?

[theaviator] 08/11/2020 11:11

A question...On assumption of Sres own Perlite plant. What time line to get it built do you think?

[theaviator] 08/11/2020 11:08

What is interesting is this...Expanded Perlite average $350/t >$850/t for filter grade. (GROSS) So IF Imerys indeed has taken a FIRST (imv) sample (they are the filter guys) then it would be well worth doing it properly. I would imagine though it will take some time and they will want due diligence done over a large cross section including Jackson Wash I should think..

[theaviator] 08/11/2020 11:01

SML btw only has 1.7bil shares & Sres already 3.7bil so my 5bil prediction could be a little undercooked but am taking a substantial chance for a decent JV into account. 50/50 would be good because would minimise dilution and 5-6bil shares would be acceptable for processed perlite income down the road (That's a good two years away though imv) Also SML had much less when it peaked. Nearly a 12mil MC here already. We expecting more than a mil worth (NET) of contracts for phase 1? We really have no idea at present..but certainly going by presentation and estimated figures...they just didn't mention the net lol

[theaviator] 08/11/2020 10:48

The share holdings are the number of shares held by different brokers allocations consequently owned by PIs. No idea what Youn is trying to say on LSE. LolFor me this is all about perlite now. Did a few calcs over weekend and the sooner he raises money the better. Get it done - maybe 5bil shares in issue which not obscene and move forward...

[theaviator] 06/11/2020 18:11

Asti time ere..just because it's Friday. Have a cracker & well timed on the slice.