Sunrise Resources Share Discussion Threads

[bsg] 04/6/2024 10:33:17

Placing shares being flipped for 100% profit. Not bad for some.

[theaviator] 02/6/2024 00:03:57

Just a small pantry in some parts of London lol My view as well Pete.

[pistolpete100] 31/5/2024 20:08:57

The way I think about Sres is imagine we had an offer to buy the whole company put in on Monday... don't think that offer would be for £3M which is roughly our current market cap...?

[theaviator] 31/5/2024 18:36:22

A share price is only a share price. Tells merely two things..overvalued or undervalued. Sres is undervalued. I remember once somebody saying a share price was like a kite. Catches up in the wind.That wind will come one day. Patience favours the brave.

[theaviator] 31/5/2024 10:56:55

Talk indeed is cheap. I actually do pick up the phone and liaise with Patrick! That's the difference.

[1wager] 31/5/2024 09:17:00

I’ll stop posting on here. We r all in for the same reasons but I can’t believe at present everyone is happy with the share price and just expects stuff to take time and listen to talk. Talk is cheap. Business is dog eat dog. The share price is the real answer for whether or not we are taking this in the right progressive manner. Not picking up the phone. Wish u all the best in this share and hopefully we all win.

[theaviator] 31/5/2024 07:08:30

"We need to start moving forward" Exactly my point and why I say ring PC not just moaning on an anon BB. I'm perfectly content you see of how he is how he has moved forward whilst you are not. It would appear it doesn't matter what anyone explains to you here which why I say ring the boss, direct him from your arm chair and let's see what he says to you and or explains the procedures and protocols of the business. Who knows maybe he will resign and make you CEO.

[1wager] 31/5/2024 06:53:33

I haven’t been on PCs back at all. I was just stating a few opinions about not waiting for Hazen to be included in CS. It’s nowhere near at the same stage. Even though I think Hazen is better located and actually from pics looks a very nice quality. We need to start moving forward and if we continue to wait it means more dilution and raises. If it’s the end of the year then so be it but I’m allowed to be optimistic for end of June. If it isn’t a deal I think we will have a notable account of what is going to happen

[theaviator] 31/5/2024 01:05:37

Yes Kudos Pete. Absolutely brilliant. Thanks a million.1Wager, I didn't mean to snap but honestly pick up the blower and chat to Patrick. Barnaby, Mick, Loot, Dave, Pete, myself and others are all chilled. "Transfer of wealth from the patient to impatient" Honestly there's so much truth in that. If CS is end of year it's end of year. None of us know. We only know it was a brilliant report and looking very positive.

[pistolpete100] 30/5/2024 21:52:13

Appreciated Dave

[theaviator] 30/5/2024 21:17:01

Sell up and go!

[barnaby5] 30/5/2024 20:09:00

Me too loot for better deal. Pc told me he was hopeful for cs. Deal done in June, jury is out on that as far as I concerned

[irishdave2] 30/5/2024 19:36:05

Must say Pete your summary on report very well put together.We are in a much better position than I thought we would be at this point.

[loot2309] 30/5/2024 19:25:48

You just need to be realistic, I would love him to say next week that they have done a great deal on CS and we are in the money but I wouldn't bank on it and I would rather wait for that good deal than just do any deal.

[1wager] 30/5/2024 19:18:22

Ok loot and aviator let’s just ignore the fact that PC stated something and pretend it’s still a long way off! Think it’s u lot who don’t help investors stating things like we are a long way off making any money!!! I’m all for making money and getting things done.

[pistolpete100] 30/5/2024 18:08:09

Thought it was a solid report - couple of things that were interesting to me...

Financially we are "ok" just now however we need some form of decent income over the next 6 months to prevent further dilution. BUT, there are reasons to be optimistic here... the second £75k payment re Diatomite will surly be in the second half of this year and noted that negotiations are ongoing for the sale of Bakers field - if hes stating this explicitly I'd expect a degree of confidence that this will be successful which will surely result in a cash payment of some description (plus royalty im sure). Income from those two projects alone should get us to end of year at which point we will hopefully get positive outcome from Tolsa - which in turn will give us a really firm financial footing. - All of this of course excludes any CS deal - which is looking more positive given the interest that its generating - timing wise well who knows, I do think its dangerous to get hung up on end of June. The important point is that a deal looks really likely.

Also good news re Hazen - whats clear here is that Hazen and CS will in all likelyhood be getting treated separately in terms of a deal - although a sale of CS for example could include a fist right of refusal on Hazen pending certain conditions.

So.... I think the next 6 months will be pivotal for us - but given the latest updates things are looking very positive IMO -the challenge will be to minimise dilution as discussed previously... - but even then if we get the right deals that will become a non-issue over time as we can buyback stock from our recurring revenue streams... GLA

[theaviator] 30/5/2024 15:18:21

Ps Loot has been here since pre permitting days. He's a solid citizen and investor. Of course we are all frustrated in our own ways and I know Patrick is also but it is what it is. I voted against a few resolutions at AGM. Wasn't enough to sway it but was nothing personal just my own business belief at the time. However my faith in Patrick to continue to lead the company remained and I don't know anyone better for the job to be honest. He will get it done!

[theaviator] 30/5/2024 15:14:11

Haven't been here for "years" at all re CS. Sorry but Loot is right and I support his view. The problem here is you failed to do the research to know and realise how long these things can take to get to production. You can ask Patrick yourself. This imo will be relatively quick compared to even a quarry which can sometimes take up to 15 years.I stated as soon as permit was granted we were likely in for a wait. I didn't expect this long myself but it is what it is and I accept it for what it is and choose to wait it out and bought even more. It's detrimental to not only the board but yourself with the flapping you do. Told you this isn't for you that's clear but it's distracting to other proper investors that don't really have any issue of how things are being run here. Perhaps you are in over your head I don't know but you won't repeat that again if so but don't take it out on this board please because we are pretty well versed with what to expect.What do you want Patrick to do, go and hold a gun to their heads???! He has done very well with industrials imo as he's proving and this is coming together nicely. Was the same re Tosla.. he clearly did what was needed. I would have done exactly the same in his shoes re giving them more time, being gentlemanly and cooperative. Not sure if you've ever spoken to Patrick but it's not difficult to realise he is a really a genuinely nice man. That's another reason my faith in him with this business. If I lose the lot I lose the lot but won't cry about it. You pay your money you take your chances. Some you win some you lose.Over and out.

[1wager] 30/5/2024 13:47:36

Let’s keep a business ticking away at rock bottom and provide nothing back for investors and slowly burn out. Let’s start doing business and get cracking

[1wager] 30/5/2024 13:39:52

Things don’t work like what loot!?!! We have been here for years. We have heard the same thing year in year out. We r in discussions….. how long are u expecting to wait!!!

[loot2309] 30/5/2024 13:38:27

I also wouldn't want him to just flog CS quickly to get some money if he can do a better and larger deal.

[loot2309] 30/5/2024 13:37:36

I think that because I am realistic. He had aims to achieve something but it's not a cast iron guarantee, things just don't work that way and you need to stop holding onto it.

[1wager] 30/5/2024 13:30:40

Wonder why u think that….Did u see the interview?

[loot2309] 30/5/2024 13:13:37

I wouldn't expect anything on CS within 4 weeks quite frankly.

[1wager] 30/5/2024 12:49:12

I wouldn’t wait on Hazen. If new parties are emerging all the time then flog CS soon and get some money in and get the ball rolling. Then we can wait for bull sample on Hazen and it may surge Hazens appeal if CSis done and a firm is cracking on with green cement.