Sunrise Resources Share Discussion Threads

[loot2309] 07/10/2021 12:17

The 500,000 tonnes the license allows would be $50m a year at retail. I absolutely get that an offtake wouldn't be at retail price, or anywhere near, and there are capital outlays needed but a multiyear offtake could easily see the share price rise to that type of level.

It may not and may never get near it but I could definitely see this share price getting near to 1p with a good JV.

[loot2309] 07/10/2021 12:12

The mcap would need to be £36m to make these shares worth a penny, not exactly beyond the realms of possibility and certainly not as unlikely as Benchmark is trying to make out.

[theaviator] 07/10/2021 09:10

Think haven mentioned this before but I don't really forsee a penny or more being added until after the 10million plant is built. (Several years away imo) This will be a lot of frustration so we can only hope for a buyout or 100% finance because even at 50% finance it would be a hell of a lot of pressure on Sres.

[theaviator] 07/10/2021 09:06

Yeah that's fair enough but let's see what deal comes with CMRC and add the value accordingly. It may only be a trade, it also may be the start of a nice journey. For me probably the former. Am hoping they will take all the financial pressure off Sres tbh

[benchmark] 07/10/2021 08:57

Some may not be aware of the number of SRES shares in issue - 3,695,860,238. Yes, 3.695 BILLION. A simple calculation will tell you just how massive an asset Sunrise would have to find, produce and sell to add even 1 single penny to the sp

[theaviator] 07/10/2021 08:53

Yeah it's just the numbers not interesting market. Hopefully CS ones will be much better Am sure they will :)

[theaviator] 07/10/2021 08:37

Maybe those gold bars not so heavy after all lol

[pistolpete100] 07/10/2021 08:26

Great market reaction! - it's actually a good RNS - continuing to simplify the business - but we are still left waiting on the main event...

[loot2309] 07/10/2021 07:44

Well we got the RNS he has been working on.

Not quite what I was hoping for though IrishDave.

[irishdave1] 06/10/2021 15:30

Sunrise now has over 2100 acres around C S project of which only 500/600 have been mentioned to-date.Dont underestimate P.C. When project starts it should be easy pulling in areas around under B.L.M. Regulations.

[theaviator] 06/10/2021 09:35

Probably payment in gold bars and that stuff is heavy Loot. He probably hasn't reached Tonopah yet lol

[loot2309] 05/10/2021 13:42

Hey Irishdave, can you ask PC how long he was planning to take with the RNS about the $3bn?

[theaviator] 02/10/2021 10:51

Apparently Rod is treating himself at Christmas. https://minimodelshop.com/aston-martin-db4-damaged-item-damaged-item-1961-resin-model-car-spark-s2429-damageditem-2

[pistolpete100] 01/10/2021 17:48

End of another exciting week - looks like I'll be moving onto the lambo brochures next week...

[theaviator] 30/9/2021 22:54

Lol Michael1980 below is Rodster. Decent description. A big baby would be another.

[stretford1964] 30/9/2021 21:56

Plenty of unhappy investors over on LSE. A bit more patience is required here but it's hard to take for some long-term shareholders (and I've been a holder for over 10 years). One LSE poster (goes by the name of Rodster) is a particularly unsavoury character. He should have sold out in the 0.0030s and then bought back cheaper, but missed the boat.

[theaviator] 30/9/2021 19:12

https://ibb.co/bLKQ4LD

[theaviator] 30/9/2021 19:05

"Chimp gimp". That what they taught you at Scottish public school. How did you turn out so uncouth? Always wondered that.

[theaviator] 30/9/2021 19:04

Pack of baboons. I see one has just posted on here.. lol

[loot2309] 30/9/2021 11:05

The LSE lot seem to be having a right fit about waiting. Comeonsres2 seems a nice chap.

[theaviator] 28/9/2021 20:44

Typo OMG *Billion not Bullion. Don't mention bullion on here as not too much encouragement needed lol

[theaviator] 28/9/2021 20:43

It's got to be a California and a Dino. California to respect our CMRC that are about to pay a bullion for our 3billion asset (I'd happily settle with 100mil tbh LOL) and a Dino to Celebrate PCs little Shetland Dinosaurs that plodded over the line home eventually...https://autocatalogarchive.com/ferrari-2/

[pistolpete100] 28/9/2021 19:03

Given the number of years I've been here some additional waiting time is no big deal... - gives me more time to review the Ferrari brochure knowing we have market cap of 3 billion waiting in the wings haha