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Aim rules 2021
General disclosure of price sensitive information
11. An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities. By way of example, this may include matters concerning a change in:
— its financial condition;
— its sphere of activity;
— the performance of its business; or
— its expectation of its performance.
It’s my belief that sunrise resources (SRES) has broken rule 11 by not notifying the markets and investors of two new projects (Hazen Pozzolan and Pioche Sepiolite Project) that appear to have been staked, samples taken and sent for analysis with no notification to the markets whilst the share price drifts down because of lack of news and people losing interest and selling. Knowing the companies work rate this is a good 6 months work and a potential 6 RNS’s not been released. Still to this day there has been no RNS about these projects despite them appearing on the AGM presentation on the 27th January 2022
Contact, AIM regulation email address
aimregulation@lseg.com
The were discussed in the 13/12/21 Audited Results RNS.
https://www.lse.co.uk/rns/SRES/audited-results-for-the-year-to-30-september-2021-uj6ock8dhzrma4d.html
And to add to SGD27's point, when the info was announced in the Results RNS the SP did not react so don't think there is anything to see here as the saying goes.
What is a little more interesting is someone paid .21p for 2M shares a little earlier. I have been getting NT for dummy buys in last day or two with my HL account so seems to be some interest.
GLA
So it was buried in the audited results and you wonder why the SP didn’t move ffs. You think this is good enough do you?
I think you are being a little over the top. Finding some surface materials, does not make it commercial, which is the price moving event. They now have a claim and can do some drilling when they have done their analysis on where to drill, to find out the extent of the find. This of course is subject to having the money to fund the drilling! Miners are staking claims all over the place, on rock chip analysis, but those do not warrant an RNS. Starting drilling probably does. The point is that this builds up a picture of SRES that it is not a one trick pony, and has potential beyond the CS project. The share price will catch up in time with the big RNS as to what value our partner puts on the CS project, that is what I am waiting for.
Rubbish, the staking of claims is RNS material and so is sending samples for testing. If you don’t think it is then you’re in the right share. I’ll come back and see you still trying to justify their lack of communication at sub 0.15
I am not going to argue, but you might want to mention to the regulator that the price did not go up when the year end report came out telling us of this information! Patrick is conservative and prudent, that is his style, a case of the hare and the tortoise. We just have to wait.
Losesalot; "So it was buried in the audited results and you wonder why the SP didn’t move ffs"
Hardly buried, it was mentioned on page 1 (yes the first page) under New Growth Opportunities, then further info given in the Chairman's statement.
Good luck to you
I know you’re not going to argue, you’ve already lost the argument. No we don’t have to wait, 2 million sell incoming.
Still pathetic Dubliner
Losealot, i do think you are trying to find negatives out of boredom. Like i have said i have been there. Try ad take some time out. All of these points could have or should have been bought up at the agm. Fact is all resolutions were passed. There really is no point in banging on about it now. Let's just wait and see what deal we will agree to. I am guessing around spring time or early summer. In my opinion after the deal they may be some stagnant period to. There are still no facilities built. So production could be some time away. Like i said a period of time away does wonders for you. It has me
If you haven’t noticed comeonsres I’ve taken 2 or 3 years time out. No I’m not bored, I’m moving over to crypto, they have yield farming over there paying plus 500% APY. Investing £30k over 5 years at 500% APY will get you £230 million and you don’t have to rely on whether one man can be bothered to put out an RNS or not.
No, I couldn’t bring this up at the AGM because I’ve only just found out about these projects. I’ve reported it to LSE AIM anyway, let them decide whether it breaks there rules or not.
Yes, there’s not going to be any news in the short term. Not any that justone would deem news worthy anyway and they’re definitely not going to start mining for at least another 14 months. Where will the SP be then? I’ll be a millionaire by then
Good luck to you, Charles Ponzi promised those returns too.
Crypto has had its time in the sun and wont shine again for another 4-5 years so good luck on that one
Ok just two questions. If you are so sure about that why are you invested in the risk here? Why are you even getting upset about something so small as you have raised?
Secondly what is it you aim to achieve by reporting it? Obviously pc hasnt done anything wrong with your point all you aim to achieve really is an argument on here or a possibility just before any contract is signed, that trading be suspended until imvestigated..
Because most of my money is still in SRES
Patrick has contacted me, we’ll leave it at that.
When you go to crypto you should change your Monika to Losesalotmore. Good luck.
Who ever is correct regarding today's posts I've no idea and can't be bothered working it out. What I found odd was it was posted in audited results rns. As it was in this then pc must have known this prior to audited results. Whether he had to divulge this or not, I would have thought it was the perfect opportunity for pc to break the monotony and release an rns. It seems excellent news to me so why not tell all immediately. This is where I agree with sage and pc is not on the ball