Sunrise Resources Share Discussion Threads

[pistolpete100] 02/5/2024 21:49

I think there would be a corum of us who would consider contributing to a private placing - however to do so I'd need to have more detail on current CS position, without that I wouldn't have the required confidence

[irishdave2] 02/5/2024 21:14

Barnaby I have beaten the drum for a long time.In my opinion issuing preference shares would be the best way,it would have a very strong impact on s.p.Our c.s.site will need a fair amount of funding it’s so large but without it I cannot see a singal company on its own taking it on.

[barnaby5] 02/5/2024 19:01

Spot on Dave. I spoke with pc last month and the main question on his mind if further dilution reqd or when would I prefer to buy shares at placing for a discount instead of external parties. I replied yes and I would rather have all of us instead of crooks like now. Pc told me he is now (better late than never) looking at this option if or when reqd. I continously read now that he's only focused on tym. This is wrong but you have to remember tym were non existant from pc when he was pushing through pozz. You can't have the limelight all the time

[fire2480] 02/5/2024 18:25

I'm pleased I voted against pc's ability to raise further funds without shareholder approval . Unfortunately the motion was passed and PC will be able to raise funds regardless of implications to private investors and obviously the share price .

[irishdave2] 02/5/2024 18:09

Pete fire is correct been doing lt from day one.share price will not recover until all issued stock is sold.Aviator and Mick first pointed out this problem,when I stated P.C. Should fund company by way of shareholders only.Net Zero know the value of our site and will repeat the funding again and take cream.

[fire2480] 02/5/2024 17:17

Pistol I think they have been offloading for months .

[pistolpete100] 02/5/2024 16:46

Indeed - if it's 2 mill then we'll be here for a while for them to offload fully if that's what they are doing

[irishdave2] 02/5/2024 16:21

See the auto trade Pete.

[irishdave2] 02/5/2024 11:57

Net Zero have standing instruction in place at .0415 or above for selling without affecting share price With transaction according to my wifes broker.He informed her last time it heppended.Net Zero head office is in Germany.Try selling between 3-5 million 4.15-4.30.pm today and see what you are quoted Pete.

[pistolpete100] 02/5/2024 10:45

How can you know that Dave?

[irishdave2] 02/5/2024 09:34

Done it last trade yesterday.stated way back we should never deal with these outfits.

[fire2480] 02/5/2024 09:27

They can't have that many left if they are still offloading as they have been at it months

[irishdave2] 02/5/2024 09:22

Remember the buy back scheme,it will all come together when deal is presented.At present Net Zero are unloading the 125 million shares issued last March,which were issued at 0.02p each selling now at over 100% profit,this is keeping share price down.Should never have got into bed with this outfit,they have taken what ever cream around this stock of late.

[1wager] 02/5/2024 08:14

TYM getting all the attention… maybe I invested in the wrong share. May have to sacrifice my losses if nothing happens in the next 8 weeks. Can’t believe there has been no communication from Tolsa either. Hazen samples were sent away 18 months ago!!!

[theaviator] 01/5/2024 21:22

Bit of whinging going on. Smells like news not far away to me

[irishdave2] 01/5/2024 11:03

Fire C.S.site is only one which will increase share price In short term.No funds at present for other sites.Communications with shareholders will become a thing of the past when deal is presented,we are sitting on a lot of revenue.Shareholders problem will then be when is the time for selling.

[fire2480] 01/5/2024 10:09

It's not just cs dave . PC tells us nothing on anything . Last news on Reese ridge was October. Nothing on perlite . Curtains on tolsa . Hazen . Absolutely nothing . If he spent as much time on sres as he does tym then perhaps we would be further forward . Communication with shareholders is appalling

[irishdave2] 01/5/2024 09:51

P.C. Would not have stated in first half of year without being very confident about C.S. site. He will never react if pressure for news is applied.At the moment Ryan long and his team are dealing with C.S. Site.

[pistolpete100] 01/5/2024 09:28

I'm not sure resigning would be helpful given his relationships however if there is no meaningful update then we could see further deterioration in the share price - on the flip side if a deal is done then there will be large gains to be made

[fire2480] 01/5/2024 08:44

On the basis of his statement of June. I would expect him to resign if he doesn't deliver on the statement. Enough is enough and he has limited credibility now so come June that will be decimated .

[pistolpete100] 01/5/2024 08:35

I agree historically the company hasn't exactly delivered against initial expectations that were implied in previous statements - remains to be seen if this time is different - in my experience it's a pretty ballsy thing to say unless he is very confident in success based on the knowledge that he has - time will tell

[fire2480] 01/5/2024 08:15

Think we're been led up the garden path by cheetham . Historically his timeliness are not the same as he states . June? But which year?

[pistolpete100] 01/5/2024 07:26

Thanks for the valuable insight yasx - I'm not sure what the issue is - PC indicated there could be news in the first half of this year - I've just checked my calendar and we are in .... May - undertaking some maths wizardry I think that still leaves us 2 months before anyone starts to get twitchy

[yasx] 01/5/2024 00:08

I see the transformational deals averred by Aviator have been completed one after the other, with the shares racing aheas as he forecast. Meanwhile, back on planet earth, target remains nil.