Sunrise Resources Share Discussion Threads

[theaviator] 14/7/2024 00:19

Nice one Dave. Thanks for your detailed analysis much appreciated.

[irishdave2] 13/7/2024 20:16

Loot a while back a mine engineer from Mannok cement worked out an estimate on figures reported at that time Tolsa site 20 drill holes 47 ft deep over 2km x 1.1km total tonnage between 3-4 million @ a very low price of £40 per ton would give us £120 million,our cut @ 3% would be £3.6 million over time.Tolsa are now drilling down130ft if sepiolite extends that deep it could double the above estimate.It all hinges on quality of sepiolite top of range is very much higher and quality is stated as medium high.This site together with Diatomite site which holds 1-2 million ton @6% £6 million.Total both sites £9.6 million,it will all come together in next few months.

[loot2309] 13/7/2024 13:27

Has anyone got any thoughts on royalties for the sepiolite? I know it’s 3% but at the moment we don’t really know anything about potential volumes or the sale price of the stuff do we?

[theaviator] 12/7/2024 21:57

Buffet always said buy businesses that are undervalued. Well done your calcs on royalties folks.... You won't find anything around like this. Strong buy from Aviator.

[theaviator] 12/7/2024 13:03

Will always get day traders and cold feet brigade as you say. It makes a market. Most here for bigger picture

[bsg] 12/7/2024 12:59

3,896,875 held for under two hours.

[bsg] 12/7/2024 12:12

Someone got cold feet quickly.

[theaviator] 12/7/2024 11:36

Excellent news.

[irishdave2] 12/7/2024 11:27

Tolsa deal will make us cash rich from royalties together with Diatomite site.I am pleased for all LTH,outcome is secure.

[irishdave2] 12/7/2024 11:10

Aviator yes for pozzolan.

[theaviator] 12/7/2024 11:05

You are quite correct IE was only diatomite I was referring to

[theaviator] 12/7/2024 11:04

Are you hearing sooner for the pozz at Crow Springs Dave?

[irishdave2] 12/7/2024 08:17

Aviator Crow Spring revenue which you state as coming into play next year,is for the Diatomite only.The real big revenue will come from pozzolan.The only danger that SRES are in at the moment is being tied up with Net Zero,at some point we will need to pay them back in cash only,sooner the better.

[theaviator] 12/7/2024 04:37

Tym is a gamble on news due really but they won't fund it, they will be simply bought out and likely for big bucks if it's good. FYI I hold no position at TYM. Again am just being a realist.

[theaviator] 12/7/2024 04:22

Tolsa will be year end. Again too far away for share price not to slip.

[theaviator] 12/7/2024 04:21

Crow springs won't be generating us rev until this time next year imo. PC stated "May" in rns.We need major news before that or share price will drop further. Just being a realist. Sunrise in a very dangerous position right now.

[theaviator] 12/7/2024 04:16

Tym if good news jump the heck out on spike. In old days it used to rise into anticipation of news but aim is changed.Take money and book next Dominican hol lol

[irishdave2] 11/7/2024 21:47

Barnaby if tym rns is very positive they will need a lot of cash if they wish to maintain current position with partners.revenue from two Crow Spring sites and Tolsa site will be coming into play on a quicker scale.SRES are in a more advanced position.A merger would spread risk for both sets of shareholders. But rns would need to be good from tym for them to match sres current position,we will be cash rich quite soon now.S.P. Will start moving forwards very soon,news in pipeline on way.

[barnaby5] 11/7/2024 18:23

Thanks for update Dave. Is it feasible that sres tym merge. Rns due very soon from Zambia and could he a belter. Or maybe a dud and then no deal

[irishdave2] 10/7/2024 07:26

Barnaby nephew was at C.S. site Monday afternoon,no sigh of any activity.

[theaviator] 05/7/2024 23:27

Thanks Pete. Received. Will reply over the weekend..

[pistolpete100] 05/7/2024 18:41

Have DMd you aviator

[theaviator] 04/7/2024 15:01

Yeah I never like those cln type funding companies

[irishdave2] 04/7/2024 14:48

Barnaby.Have not been told of any activity at C.S.site of late,but will find out over next few days.