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(SKR.L) Sunkar Resources PLC Buy/Sell
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| Date/Time | Headline | Source |
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| 10-03-10 | RNS |
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RNS Number : 3509I Sunkar Resources PLC 10 March 2010
SUNKAR RESOURCES PLC ("Sunkar" or the "Company") Operational Update Sunkar Resources plc (AIM:SKR) is pleased to announce an update on its wholly owned Chilisai Phosphate Project in Kazakhstan. Highlights
· The Company has commenced building a milling and railroad loading complex and targets sales of direct application rock ("DAR") in Q3 2010;
· Negotiation of the Bankable Feasibility Study ("BFS") consultancy agreement nearing completion. Mining Mining operations in 2009 were in line with the Company's plans. A total of 1,020,749 tonnes of ore was extracted, meeting all current obligations under its subsoil use contract. Since commencing mining in September 2008, the Company has furthered its experience and knowledge of the main factors affecting the mining operation in NW Kazakhstan and confirms that year round mining is possible. Beneficiation The beneficiation process is a simple dry crush down of the run of mine ore to below 25 mm and screening out fines at 2mm. As planned this has consistently produced a 17% P2O5 content concentrate at a P2O5 recovery rate of approximately 79%. At 31 December 2009 a total of 180 thousand tonnes of ore had been processed resulting in 90 thousand tonnes of concentrate. Milling and railroad loading facilities Chilisai 17% P2O5 concentrate was used in Soviet agriculture before the historic operations ceased in the early 1990's. The Company has had the milled concentrate tested by a local institution, to certify that it complies with the Kazakhstan national standard for DAR (or 'flour') as a low grade fertilizer. In addition, the Company supplied some DAR to agricultural institutions for field testing on 2009-2010 crops and has also obtained expressions of interest to supply this material to Kazakh farmers. In 2009, the Company sought to conserve cash by outsourcing grinding of the concentrate to cement plants mills; however the cement plants in the area have been kept busy by their core business, due to the continued Kazakh government sponsored construction program and were reluctant to switch their mills to other products. Accordingly, no outsourced milling arrangements for bulk quantities were available and therefore in late 2009 a decision was made to invest in the Company's own milling capacity in order to produce DAR in 2010. Currently a milling and railroad loading complex is under construction which will be connected to the main rail line that crosses the deposit. The mills have a design capacity of 280 thousand tonnes of DAR per annum and the entire project will cost US$7 million (US$2.5 million was spent in 2009). This facility is intended to be operational by the end of Q2 2010, and the Company expects to start selling to local farmers in Q3 2010. Bankable Feasibility Consultancy The Company is currently in the final stages of negotiating a consultancy agreement for a Bankable Feasibility Study for ammoniated phosphate fertilizer production. A further announcement will be made once this is finalized. Serikjan Utegen, CEO of Sunkar, commented: "I am pleased to report that we are meeting our targets thanks to the commitment and hard work of our staff. We have made significant progress and gained valuable experience which will help us face the challenges of 2010. We have laid the groundwork for two strands of our business strategy: firstly to develop a direct application rock business to fund and sustain our early mining commitments, and secondly to move forward with the Bankable Feasibility Study for our longer term plan to build an integrated ammoniated phosphate plant."
For further information please contact:
Sunkar Resourcesplc
Donald Sinclair, CFO
Canaccord Adams Limited
Bhavesh Patel
GMP Securities Europe LLP
Bankside Consultants
Louise Mason Editors Notes Sunkar Resources plc Sunkar Resources plc commenced mining following its IPO in June 2008. Sunkar's wholly owned subsidiary in Kazakhstan holds a Subsoil Use Contract to part of the Chilisai Phosphate Rock Deposit in NW Kazakhstan. The contract area is estimated to contain 800 Mt of phosphate ore. Sunkar's strategy is to build a world class integrated ammoniated phosphate fertilizer plant with low operating costs. Sunkar's low cost base derives from its near surface phosphate rock deposit, access to sulphur from the nearby North Caspian oil and gas fields and regional long-term marginal priced gas. The Chilisai Phosphate Rock Deposit is ideally located on a transportation hub that spans the agricultural markets from Western Europe through to China. This information is provided by RNS The company news service from the London Stock Exchange END
MSCGGUQAWUPUUMU More |
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| 25-02-10 | RNS |
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RNS Number : 6650H Sunkar Resources PLC 25 February 2010 25 February 2010 Sunkar Resources PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are
attached:ii
2 Reason for the notification(please tick the appropriate box or boxes):
An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
notification obligation:iii
4. Full name of shareholder(s)
(if different from 3.):iv
which the threshold is crossed or
reached:v
reached:vi, vii
8. Notified details:
A: Voting rights attached to sharesviii, ix
if possible using
the ISIN CODE
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:xxi Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:
15. Contact telephone number:
For further information please contact: Sunkar Resources plc
Donald Sinclair, CFO Canaccord Adams Limited
Bhavesh Patel Bankside Consultants
Louise Mason This information is provided by RNS The company news service from the London Stock Exchange END
HOLUVUKRROAUURR More |
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| 05-02-10 | RNS |
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RNS Number : 7488G Sunkar Resources PLC 05 February 2010 5 February 2010 Sunkar Resources PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
of existing shares to which voting rights are
attached:ii
2 Reason for the notification(please tick the appropriate box or boxes):
An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
(if different from 3.):iv
which the threshold is crossed or
reached:v
reached:vi, vii
8. Notified details:
A: Voting rights attached to sharesviii, ix
if possible using
the ISIN CODE
(ISIN GB00B29KHR09)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
0 0 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:xxi Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: 15. Contact telephone number: For further information please contact: Sunkar Resources plc
Donald Sinclair, CFO Canaccord Adams Limited
Bhavesh Patel Bankside Consultants
Louise Mason This information is provided by RNS The company news service from the London Stock Exchange END
HOLUVVRRRWAURAR More |
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| 03-02-10 | RNS |
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RNS Number : 6228G Sunkar Resources PLC 03 February 2010 3 February 2010
SUNKAR RESOURCES PLC
Director Dealing On 3 February 2010, the Company received notification that on that same day, Mr Donald Sinclair, the Chief Financial Officer of the Company, acquired 38,595 ordinary shares of 0.1p in the Company ("Ordinary Shares") at a price of 25.75p per share. Mr Sinclair now holds a beneficial interest in 149,050 Ordinary Shares, representing 0.09% of the issued share capital of the Company. For further information please contact: Sunkar Resources plc
Donald Sinclair, CFO Canaccord Adams Limited
Bhavesh Patel GMP Securities Europe LLP
Bankside Consultants
Louise Mason This information is provided by RNS The company news service from the London Stock Exchange END
RDSBXGDDXSGBGGX More |
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| Date/Time | Subject | Author | ||
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| Mon 20:30 | ||||
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from travels to find that all is well...
Decent news of continuing progress/heavy trading/sp creeping up. May be that SKR will return from conference with news from a now `SKR building into a serious/delivering/developing player`. Timing of `compliance with mining licence` and two directors (as opposed to just CFO Sinclair, as previously) going to conference unlikely to be a pure coincidence... Expect more upward progress on sp short term, moderated by profit taking on recent purchases - unless strong institutional purchasing, IMHO.. Luck to holders.... MW. |
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| Mon 18:36 | ||||
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Gives the appearance of a seller or two but I think it's covert stakebuilding. Time will tell!
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| Mon 16:45 | ||||
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Big spikes since Wednesday - there must be more than one seller around,
Available Dates Volume Comment 12 March 2010 5,654,978 11 March 2010 2,400,807 10 March 2010 3,595,122 09 March 2010 106,832 08 March 2010 95,890 07 March 2010 550,221 Price Date 05 March 2010 06 March 2010 550,221 Price Date 05 March 2010 05 March 2010 550,221 04 March 2010 404,660 03 March 2010 212,651 02 March 2010 282,930 01 March 2010 160,212 28 February 2010 180,386 Price Date 26 February 2010 27 February 2010 180,386 Price Date 26 February 2010 26 February 2010 180,386 25 February 2010 1,365,175 24 February 2010 68,881 23 February 2010 134,767 22 February 2010 288,520 21 February 2010 887,149 Price Date 19 February 2010 20 February 2010 887,149 Price Date 19 February 2010 19 February 2010 887,149 18 February 2010 906,209 17 February 2010 296,290 16 February 2010 342,725 15 February 2010 131,992 |
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| Mon 16:34 | ||||
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i make circa 900K buys vs 800k Sell volume from LSE, somebody's soaking them up.
live another day... |
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