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Share Name Share Symbol Market Type Share ISIN Share Description
Sunrise Resources Plc LSE:SRES London Ordinary Share GB00B075Z681 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -4.17% 0.23 0.22 0.24 0.24 0.23 0.24 1,787,448 09:06:44
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.3 -0.0 - 8

Sunrise Resources Share Discussion Threads

Showing 7001 to 7025 of 7750 messages
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DateSubjectAuthorDiscuss
11/12/2020
22:01
So do I Marty - not in question but finance is because I don't forsee phase 1 contract mining covering more than bills! Please feel free to tell me I'm wrong.
theaviator
11/12/2020
20:24
I was a geologist myself and I have been in this stock from day 1 and for me (like TYM) has been a series of optimistic projects akin to Patrick's hobby that have always promised so much but failed at some hurdle. However, I believe on this occasion it will go into production, provide a successful income stream and the share price will significantly increase during 2021.
martyminer
11/12/2020
18:44
Good evening - yes the update was neutral I'd say - not telling us anything we didn't already know in terms of CS project - but equally nothing to suggest disappointing news either - customer trials/feedback clearly ongoing so I'm sure detailed discussions and inputs are progressing - deliberately vague on the timings however I'd certainly be expecting an update in January as they surely must have a very strong idea of costs already - location of plant does seem up for grabs however I'm sure they'll have modelled that also with the various options....
pistolpete100
11/12/2020
17:00
Still evaluating what route it seems. I want to know these costs...In parallel with customer testing the Company is now moving forward with site engineering and costing for mine infrastructure and the well site to allow it to better define the start-up costs. Based on feedback from the potential customers we should be in a position to provide additional financial projections for the project in due course.  
theaviator
07/12/2020
23:19
They are crazy. What I want to know is how vast they really are. Apparently planning .5 to a mil ounces...Let me dig some more..am not 100% sure yet and yes you're spot on with the warrants, but so had GGP at 1.70 (Hindsight and all that lol)
theaviator
07/12/2020
21:57
Yes - certainly worthy of further study, I forgot to add that I belive that the directors have also put their money where their mouth is - one to add to the Plus points column. Wasnt aware of the specific gold grades in my cursory review - these do look very appealing....
pistolpete100
07/12/2020
21:45
Am not in yet Pete. Still digging (pardon the pun)
theaviator
07/12/2020
21:44
Courtesy of my friend... It's the bonaza gold I'm interested in tbh...The team has now conducted a detailed rock chip sampling programme over the Mineral Jackpot-Silver MoonSilver Bell trend at M3 which has concluded that the mineralisation styles in all three areas are very similar and are the result of a single mineralisation event. Significant gold (>0.1 g/t Au) was encountered in the samples taken, including a bonanza grade of 95.6 g/t Au and 773 g/t Ag, as well as further samples of 19.1 g/t Au and 15.2 g/t Au. Significant mineralisation appears to be present across an area of at least 2 km2 , making M3 a large and highly prospective target.MJ Spoil Heap Recovery Commercial Project Development: The Company is on track toproduce first gold and silver from spoil heap recovery before the end of this year on a trial basis, subject to unforeseen last minute delays. Optimum commercial recovery for the longer term is likely to be via construction of a cyanide vat-leach facility on company property, currently being evaluated and specifics of which will depend on a laboratory exercise now in progress in the UK, using a consignment of air-freighted material. The first batch of lab resultsare expected early in the New Year.£2m in cash, enough for 18months
theaviator
07/12/2020
21:22
Aviator - not came across them before thanks for pointing out, initial thoughts Plus Points: Significant number of prospects Encouraging that some GoldSilver could be produced - would be interesting results - and certainly would be positive for cashflow! Copper is really where this is at - this thing that will make this fly is a JV Established BoD - very experienced and individuals with the right contacts - fundraising per se will never really be an issue at reasonable rates Risks: Big one for me is that there are ALOT of warrants! - This will create a large headwind for a sustained rise Whilst there are number of prospects there are all largely very early stage - again alot of additiona funding required to advance - the best hope here is JV for copper becomes self funding - a bit like SRES with the Pozzperlite Probably worth a punt if you have some spare cash - on the basis that JV comes to fruition, the BoD experience and contacts would give decent odds of this happening - particularly if commodities bullishness is sustained...
pistolpete100
07/12/2020
16:59
(Not my spot. Friend of mine nudged me on it. Am not in yet)
theaviator
07/12/2020
16:58
Run your eye over GWMO Pete.....
theaviator
06/12/2020
14:32
yes Irish Daves 8p prediction was highly amusing... Market clearly has spoken re the current share price although I think there is clearly some speculators awaiting clayton results - I think they'll likely be "ok" but could see drop after that as speculators move on to elsewhere. Trial wise I think we must be done and so commercial discussions surely taking place.... Fundementals are certainly in the companies favour long term, but financing mechanism must be key - JVdevt funding my preferred options - I suspect that'll be patrick as well - he wont be keen to dilute further... Next RNS should also give us update re Gold prospects... - hopefully scheduled for early Jan
pistolpete100
06/12/2020
11:42
I'm "hoping" this investment may come from one of the trialists.... We will see.
theaviator
06/12/2020
11:41
I think many have seen reality the past few months. I was heavily criticised by calling the .36-.38 the top. Needs investment as we know to unlock proper value.
theaviator
06/12/2020
11:20
Irishdave got lucky once by saying there would be an RNS shortly and there was. He let that go a bit to his head as everyone thought he might be in the know but everything else he said was kind of nonsense. An 8p sale based on valuing the resources at full retail value? I wish but not even close to reality. Unless PC stumbles on the lost cities of Gold hidden under the site then we wont be seeing values anywhere near that soon. Anything in and around the 1p mark is my satisfaction point. I allowed myself to dream of bigger and you never know but anywhere in that bracket would see me very satisfied.
loot2309
06/12/2020
11:17
Good thanks Pete. Yes was all setup and that PR company waste of time imho No idea why they need PR companies Pete. The news should speak for itself. Wasn't rocket science to work out that Irish Dave was an idiot and ramper of extreme crookery. Have my suspicions was another poster that posts on there and a known ramper.Yes it's low. I'd prefer he takes it himself in truth. Long term would be better for the company for sure even if it was diluted. I'd just like to know.Have refrained from posting so people can't say about an agenda. Price will do what it does.Offtakes next year I'd imagine
theaviator
06/12/2020
10:41
I agree that 20Mil would seem like a very poor deal and in reality a royalty stream is far more appropriate and Im sure that would be the basis for any future negotiations - I was just interested to get a view in terms of raw value currently.... Just passing the time really as its all very quiet at the moment.... Interested that our "insider" irsh dave has been removed from LSE.... - bit strange that one...most boards are full of speculation and often nonsense - strange that this seems to have been removed, clearly at the direction of PC or Imerys...
pistolpete100
06/12/2020
10:05
Of course 20m is giving it away, that's less than $1.50 a tonne for a product that retails at $100. I appreciate there are costs to mine but they arent that high and whilst I appreciate there will always be a substantial discount in play for selling in one go I don't think anybody would realistically suggest it would be that.
loot2309
06/12/2020
09:09
On one hand 20mill would feel like giving it away however ultimately the in ground value is only reality if it can be extracted, but 20 mill does seem still quite low - about 0.8p market cap equivalent - also if they get a royalty payment I assume that would be inflation protected given we have a mine life of 27 years...Hope u are well also, Christmas holidays coming into view - fingers crossed will be nice and relaxing...
pistolpete100
06/12/2020
01:27
Hi Pete, Hope you're well. Similar to Kirkland I should imagine - 4 dollar royalty PT. Straight sale 20million based on 20 years royalty with discount?Construction I believe still ongoing at Kirkland mine site. Below from Boral's presentation slides 27th October.Bolstering resources to accelerate strategies to assess and secure alternative sources of supply• Harvesting: Montour plant supplying customers at targeted monthly output equivalent to 100k tpa• Imports: currently importing from Mexico, with continued exploration and testing of import quality and economics from multiple international markets• Natural pozzolans: continued construction at Kirkland mining site in Arizona; continuing technical & research programs around alternate materials• Grinding & blending: robust pipeline of attractive projects
theaviator
05/12/2020
23:35
Evening all - if pc decides to sell as is - what do we think he'd get under circumstances? - I've really no idea how to value as in ground resource is obviously massive but clearly capex required to exploit - wonder how much of a discount that would attract?
pistolpete100
18/11/2020
16:01
It only goes into the Crest acc so he remains in shareholder register. Nominee accounts don't allow for this.
theaviator
18/11/2020
15:30
News. Possibly explains why the share price got sat on. Swann should put some in an isa and the rest in his sipp.
janestone
18/11/2020
10:24
Am in other companies for metals
theaviator
18/11/2020
10:24
Just want finance info Pete. Not impressed by metals as you know.
theaviator
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