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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
  0.00 0.0% 0.235 0.22 0.27 - 0.00 07:31:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.3 -0.0 - 9

Sunrise Resources Share Discussion Threads

Showing 7151 to 7174 of 7725 messages
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DateSubjectAuthorDiscuss
15/1/2021
19:36
Take a look at Kod. Now THATs cheap at moment. I'll be taking more next week. Even if only for a 40% trade
theaviator
15/1/2021
19:14
Ps Boral financed Kirkland. Well they sold out to them didn't they, for 4dollar a tonne royalty.
theaviator
15/1/2021
19:13
Kirkland/Boral for one. Still not quite finished. My last contact with them was October. Phase two operations.So say we get 50k tonne pa pozz share. 10% I wouldn't suspect any more - what would be the point? I'd really appreciate your capex costs outlined if you don't mind. Would be helpful to all. A mobile unit as the company outlined iw enough for this but it's peanuts income for the company.Raw perlite? Hmmm needs popped!! Can't be popped without someone to pop it or a plant.This leaves us with an overall no go for phase one which just smoke and mirrors. Phase two we need a JV and raise. Will take a few years no doubt... Planning needed first then the build. Already outlined isn't it.
theaviator
15/1/2021
18:59
I don't know why they are all building plants? Who is building plants exactly and what type of plants? How are they financing those plants and how much do they cost? Are they purchasing them outright? What phase of development are these projects at when they are building these plants and for what output and lifecycle? On the market size don't you agree that it's an ever expanding market? One that will grow larger and larger and the rate of which will accelerate now that Biden is President? What's your analysis on the demand for next year and your estimate for the market rate of Fly Ash? It's good you have done this research and you know I value your opinion but I don't see a market cap of £11m as overvalued at all.
loot2309
15/1/2021
18:44
So Loot, if the current TOTAL raw ore demand in USA is circa 500k pa what percentage do you seriously suggest Sunrise will contribute to this?? Or would it align with what is mentioned in presentation!? ;)Food for thought over the weekend...
theaviator
15/1/2021
18:34
Nevada Cement, CR Minerals and Hess are main suppliers currently.Other supplies including Sunrise that hope to join in are Geofirtis Kirkland and Pinyon.IMHO he will take anothet year or 18months and sell to Eagle, SRMG, Lafarge, Boral, CalPortland, 3M or Haliburton. Job done! Too expensive for a toddler like this to take it further alone.You won't be seeing the proper demand for another 5-10 years Loot! All IMV
theaviator
15/1/2021
18:30
I shall spell it out. At present the TOTAL yearly demand for Natural Pozzolans in the WHOLE of USA is 500k tonnes a years. 35% of that from Nevada. Wouldn't you say there are already enough producers to satisfy this demand?? I'd say so!!You can find this info on arpa-e.energy.gov
theaviator
15/1/2021
18:25
Why do you think they are all building plants???!
theaviator
15/1/2021
18:23
I've done my research on the demand Loot believe me!! ;)
theaviator
15/1/2021
18:22
The first phase am not interest in really. As hinted in presentation is NOT profitable! Second phase you need a minimum of 10mil GBP! Say a 50/50 JV then that's a minimum of a 5ml raise. Now, how long with company expenditures do you think it'll take with this "less profitable" route to secure 5million?! They won't. They will raise money from mug punters!
theaviator
15/1/2021
18:19
What you mean nothing to do with the costs I have suggested? Throw some costs at me then please Loot. Am all ears....
theaviator
15/1/2021
18:18
Nothing to do with it. I trade Sres as its a beautiful trader and have done v successfully and transparently.
theaviator
15/1/2021
18:16
I would also state that I have been involved in the development and implementation of a number of large scale capex projects and would suggest that the plant costs, on lease of course because why would you do anything else, are nothing like the initial costs that you have suggested.
loot2309
15/1/2021
18:14
I totally take on board your comments about how some people can fall in love with a stock and can't see what's in front of them but I would suggest you are not exactly dispassionate here either considering your personal dislike for one or two of the long term holders here.
loot2309
15/1/2021
18:07
What would you suggest the split of a trail sample would be? I am not in mining but have been involved in negotiating joint venture contracts in other industries and I would consider that totally normal, in fact I would have expected the smaller player to fund all of the costs in getting their product to me to be assessed. It's only 50/50 in getting the product the CRMC anyway, all the trial costs are then borne by the CRMC. Have you any other examples of how costs have been shared in similar negotiations in the mining industry as maybe I am wrong? In industries I have worked in I would see the bigger buying party being willing to share costs at trial stage as a massive positive.
loot2309
15/1/2021
17:14
"Very cheap mining process" Cheap for a company that has money?! Probably. Sunrise on their uppers!
theaviator
15/1/2021
17:13
*Refuse to accept I meant
theaviator
15/1/2021
17:13
You refuse to ignore the presentation comment. I read what's on page not what I want to be there!
theaviator
15/1/2021
17:12
Too many locked in or fallen in love. I learnt the hard way over the years! BUT I learnt!!
theaviator
15/1/2021
17:11
Ok. Don't ask me then.Imagine 50/50 on a trial sample. Pathetic!
theaviator
15/1/2021
17:06
Aviator it simply isn't true to say that revenue matters not, revenue is a very important part of the calculation and plays an integral role in valuing a company especially one at the early stages of being built. Of course costs play a big part and there are unknowns but you keep returning to this idea that the presentation is misleading but I disagree and so do many others. This is a very cheap mining process, for the CS Project, and phase 1 would make capital investment a far easier process if they wanted to expand the perlite. Personally I think the plan is to sell or JV the CS Project and that is what will fund the precious metals exploration.
loot2309
15/1/2021
14:00
Hi Jon,We have discussed this before. The presentation is wildly misleading to me in truth. The first point you outline comes under phase 1 which has also been stated has "lower demand". Again everything talks about revenue not profits. Revenue matters not.It's all to do with the cost of extraction. What started out as "simple dig crush ship" as many on LSE iterated will prove to be costly and unproductive imo The costs are YET to be outlined. The secrecy is not only a disgrace at this point but uninvestible imoWe knew there would be delays but looks like that is going to turn out to be an understatement. In addition to the above factor in metal project costings and it's the same old same old from Sunrise resources.ATB
theaviator
15/1/2021
13:12
Hi Aviator. What are you thought to the company presentation page that states:- "Mineable by long life open-pit with low strip ratio targeting: ▪ 20,000 -100,000 tpa perlite (sales value up to c. $10m per annum at mine gate) ▪ 100,000-500,000 tpa pozzolan (sales value up to c. $50m per annum when ground and delivered)" What does at the mine gate mean? I'm assuming this means perlite ore that's been through a simple crushing machine and then bagged up as per the recent photos of the samples ready for delivery. Not a high cost activity. So that provides $10m per annum. Yes, more revenue could be generated by building a processing plant and that could potentially increase revenue to $30m+ just for the perlite. On top of that we have the $50m of pozzolan. Again low cost extraction. If we assume a 10% profit margin which I think is low, and a low p/e of 10 then that gives an mcap of £60m when at full production levels. Which suggests to me that sres is undervalued and not overvalued? What are your thoughts on this, am I wildly optimistic?
jonboycider
15/1/2021
12:02
*will not gain any credibility
theaviator
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