Sunrise Resources Share Discussion Threads

[jonboycider] 05/3/2021 11:30

I thought it was good. I can understand everyone's frustration about it taking so long but setting up a mine that has a 27 year mine life has to be done correctly. I imagine that PC has a number of different financing models that he could pursue but he's just waiting to see what deals he can get signed before committing to the chosen model.

I know a few people think that CS was be sold but I'm not convinced it will be. PC made it very clear that their aim is to be a self financing operation. The only way they can be that is if they mine or JV CS and get some cashflow. The metal projects are too early in their development to be anywhere near revenue generating.

[theaviator] 05/3/2021 11:16

I think so Jon. Had to listen a few times to it. Overall I think he did a stellar job with the webinar.

[jonboycider] 05/3/2021 10:41

"Didn't have enough material to optimise the processing" My interpretation of this section of the webinar was that there wasn't enough raw material feeding the machine to enable them to make the necessary adjustments. Listen again at minute 44. Through put is 130 tonnes per hour but they only fed it 100 tonnes of raw material. So basically they didn't have enough raw material to keep feeding the machine to make on the fly adjustments.

[theaviator] 05/3/2021 10:23

If he even got orders for 20k tonnes each it would be something

[theaviator] 05/3/2021 10:23

He said both customers are circa 100k tons pa I think Pete. I'll double check. Yes it can't be easy with current situation. Hopefully flight restrictions will be opened up in summer.

[pistolpete100] 05/3/2021 09:12

I don't think the quantity is an issue - just that for the trial they only had 100T on hand - yes it was a mishap but these things are to be expected - plus the potential customer is relatively small percentage wise - the CRMC is the main game in town - all hinges on that I feelExpect the share price to continue to drift until around mid/end of April where we may get some feedback from the CRMC which will obviously determine future direction

[theaviator] 05/3/2021 00:54

Not sure though - it could be in Rod's back garden. Am sure I heard a Scottish voice saying "Pass me a cider"

[theaviator] 05/3/2021 00:48

So both companies that are trialling the products produce approx 100k tonnes a year. What percentage of that I wonder would potentially go to Sunrise pending satisfaction with the products..?Silver - looking for same grades as before to deem it commercial.Bakers gold, let's hope they find an Elephant down one of the holes. In the meantime they have found literally a mountain of 90% gold in soil in the Congo, although the news is being kept quiet it seems...https://twitter.com/AfricaFactsZone/status/1366751421941579782

[theaviator] 05/3/2021 00:27

"Didn't have enough material to optimise the processing" - I think and hope Patrick meant didn't have enough of the right size as end product because of the overspill and wrong particle size.I guess it's difficult because no boots on ground for a year and they just couldn't inspect it properly and so the product was delivered to the client without being chrcked thoroughly enough.

[theaviator] 05/3/2021 00:00

After watching the webinar twice, right now I would be more concerned about if they could actually offer the quantity of product that may be required on our claims?!!

[pistolpete100] 04/3/2021 22:50

Well Irish Dave since were all bored and nothing much happening on the CS front for a while let's do some pot watching - what's ur latest estimate for the big sale?

[theaviator] 04/3/2021 12:42

Look how far down the road metals are too even if a decent silver result ;)

[theaviator] 04/3/2021 12:39

A good year away!! Minimum!

[irishdave2] 04/3/2021 11:38

Comment about Cornerstone-Imery during webinar,just in passing letting it be known what is at present going on. Total sale,let’s just wait for it.

[theaviator] 04/3/2021 01:56

I just read LSE. There you are having a go at Patrick again, Rod, but the problem and mistakes are not Patrick's, they are yours. Ok you originally bought the dream and unfortunately some projects fell through. Scandanavia Barite etc..You really think he did that intentionally? I can tell you categorically he didn't. It happens, it's unfortunate but happens. Just like on TYM with Flurospar. It's also an exploration company. If others could forsee what was going to happen here regarding timelines/finances etc and were shouting it from rooftops why couldn't you listen, or do you think Patrick can suddenly just have all up and running in days and weeks? It takes months and years and money! He even stated it in interview. The assets span a vast range and need tested thoroughly, then trialled.Time to stop blaming others for once in your life Rod. Be a man and face up to your own mistakes.I've always said to you , the buttons are your responsibility to press, nobody else's! I'm not perfect, no, but sure as hell I read every RNS multiple times and think for weeks before making any investment decision. I have two pots - one for serious investing, the other for fun punts. Otherwise I'd get bored.I wish you the best, but on aim you have to take profits and try to judge the road ahead at all times.

[theaviator] 04/3/2021 01:21

I wouldn't mind you attempting to bust my balls if you had any credibility behind you or provided some debate and backups for arguments but it seems your Scottish private school boy education failed you in that department. I don't know if it's just not for you or you are just lazy. New presentation is crystal clear! Re RMM, I'd save yourself a few quid and wait to see if it breaks out or breaks down!....It is often too early but rarely too late but heyho you will continue not to listen I know.

[theaviator] 03/3/2021 22:38

" but you on here and other advfn make out your gods gift to stocks...."I post so people don't get drawn in at wrong times by clueless, incapable unresearched & lazy idiots like you and get spiked! I post entries and exits before.Let's remind folks of your LIES! "Sold RBD and bought and Aston" then "Still level in RBD" Make your mind up. What a piece of work. You are the biggest tool in your own wheelbarrow!

[theaviator] 03/3/2021 22:10

Was only ever in one twitter group btw. Full of idiots and market makers ;)

[theaviator] 03/3/2021 22:09

LOLLL You talk as much sh1t as your first minister. Sam will have sold on you and made a fortune just like me. You on the other hand never listen!

[michael1980] 03/3/2021 20:38

Every wondered why it’s all post after post from you here and no reply. Most folks just want to see a good return on any investment but you on here and other advfn make out your gods gift to stocks, Bitcoin, gold , silver, footsie, nasdac, trading shoe LaCie, bra sizes and orange pips. Your similar ro trump as in you’ve got all the rejects following you. What afd

[michael1980] 03/3/2021 20:09

And here’s the best but. You’ve been kicked of lse so many times as well as Twitter groups so here is all you have left. Priceless

[michael1980] 03/3/2021 20:03

I’m going into rmm.

[michael1980] 03/3/2021 19:59

Never has the chance as you were always calling me from cruise ship with your love life. Don’t shoot the messenger.

[theaviator] 01/3/2021 19:28

I think there is maybe another wave to come yet