Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Should have stated which comes first....
5 billion confetti share raise, a sudden miracle of all the for sale projects ( that have been there yonks ) snapped up, roger murphy buying 25k worth of shares, or Patricks 2024 half year pozzolan sale plan. which comes first. Be as well being blue colour blind, but never ever see any here anyway. pmsl
Oh and before all the fan boys touch up on picking these points out, its tongue in cheek..
PC will now sit up and take note of his inability to deliver value to holders.
Well a drop of 11% would suggest things are not going well. Life sucks at SRES.
AGM is half hour in now - wonder how Justone is getting on with his questions ??
And this was the last RNS specifically on this subject - 27th June 2022 - yes nearly 2 years ago !!!!!!!!!!!!!!!
RNS Number : 3289Q
Sunrise Resources Plc
27 June 2022
27 June 2022
SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
CS PROJECT UPDATE - CALTRANS APPROVAL TO AUTHORIZED LIST
Further to its announcement of 11 May 2022, Sunrise Resources plc is pleased to advise that, its CS Natural Pozzolan has now been conditionally approved by the California Department of Transport ("Caltrans") for use in California State infrastructure projects, having successfully passed Caltrans's own independent compliance testing.
CS Natural Pozzolan is now listed on the Caltrans List of Approved Materials for Cementitious Materials for use in Concrete1.
Caltrans is the Government body responsible for the award of State funded infrastructure construction projects in California. Caltrans Standard Specifications for concrete mandate the use of supplementary cementitious materials ("SCMs") such as natural pozzolan in order to improve the durability and sustainability of its concrete structures. Further information on the role of natural pozzolan in sustainable development can be found in the Company's news release of 9 May 2022.
It has only recently become possible for new sources of construction materials to be approved on a conditional basis. Approval is conditional until six monthly test results from production runs have been submitted by the Company showing compliance with specifications. In the case of natural pozzolan, it must meet the specifications for AASHTO M2952 and ASTM C15673,. In order to give its conditional approval, Caltrans has successfully tested samples of CS Natural Pozzolan for compliance.
Commenting today, Executive Chairman Patrick Cheetham said: "I am delighted that Caltrans has conditionally approved the CS Natural Pozzolan. This is good news for the CS Project. Whilst we were confident that the CS Natural Pozzolan would pass Caltrans's testing procedures, this is an important step forward as many concrete specifiers look to this list as an independent endorsement when specifying for a wider range of non-Caltrans projects."
I AM GLAD YOU WERE DELIGHTED CHEATHAM, BECAUSE IT MADE HE HAW DIFFERENCE TO ANYTHING - WHEN ARE YOU EVER GOING TO REALISE THAT YOU ARE A DREAMER USING OTHER PEOPLES MONEY !!!!
He may not get all his resolutions through and if he does he will certainly know by the end of the day just how much investors are fed up of his and the bod attitude and lack of ability to deliver value . PC will be a tad nervous as it may not go the waY he wants us. The quote that our assets increase in value although still in the ground doesn't wash anymore or sit comfortably with a lot of investors
You will be amazed how many lth have voted not in the way you would except. Probably not enough votes but
Instead of your constant moans , do something about it. Again I say you sit behind computer and easy to be rude.
You are a total clown - resign now and do us all a favour !
Hypothesis:
Tolsa's not going to come in soon enough to get the company through without more investment.
This fake confidence is a desperate preamble to trying to raise more money. If he can't raise more money it won't matter what wild promises were made because the company will fold.
Agree with what your saying .
Announcements in the past have always been made prior to agm and its never come to fruition . PC needs to be more open with investors and actually tell investors why the present quote should be believed I. Cs deal concluded first half 2024
Have to agree Caddy - the cynic in me just thinks this is all another load of smoke and mirrors to help him get through the AGM
- too many times he has told us how imminent things are only for them not to come through (and we never get a follow up with the detail - who were the Mous with 4 yrs ago on the CS Project for example etc etc)
........ His credibility is an all time low with me - I don't believe a word he says anymore.
PC always sounds confident. Trouble is he has said all of this before and, so far, has achieved sod all apart from letting the SP fall by over 80%. Hoping for a multi bagger now just to get some money back. Like having a lottery ticket - Don't expect to win but you never know.
Hmmm project generator model that apparently favoured more by Canada TSX companies. With a promise to market the various 'value catalysts' better in the future - so a big push ahead to try sell some assets (that have sat there for good few years going nowhere).
Pozzolan project still the flagship and hoping to conclude project development route in H1-2024, whether as outright sale, joint development or who knows.
Tolsa deal could generate $1.4m ahead but they will likely take rest of year to decide. And still not certain they will exercise to Buy, thereby providing Sunrise a 3 percent royalty (that they would likely look to onward flip to get cash in).
Copper is certainly flavour of the industrial minerals space currently so keep eye on Golden Metal Resources progress. But they type of mines take forevrrrrrrrr to bring into production so i dont see a magic bullet there imminently. But dont knock progress.
I guess PC is on a push to be visible to shareholders at this time of year, same as in Qtr 1 2023 when he allowed the hype and expectation about a really great year ahead folks to circulate. Lets hope he and we get tangible money results, not just great sounding project potential.
PC sounded confident. Pushing to get the CS project done by June, sales of some description with a long term revenue stream. I liked the rule of thumb, a 1% royalty equivalent to a 10% equity stake. Makes one think about our potential at this level! PC is going to shout out about our assets a bit more. Looking forward to getting some more detail on Thursday.
Thanks Aurora1, a really good informative interview
Hoping for a JV or sale of CS by June
Https://twitter.com/StockBoxMedia/status/1759526598926033363
I very much doubt he will be removed by a vote Tottyman! I believe the majority of LTH are waiting for the conclusions of the discussions. I would prefer that our ‘crown jewels’ are not negotiated away at a giveaway price. If we have to wait for the right deal so be it, running costs are a minimum. I am going to the AGM, are you? No doubt an RNS will be released on Thursday with the updates. I look forward to asking a few questions.
Question is will he resign or will he be out by the vote , I'm expecting the latter
And also ignorant
Form experience PC will not reply to emails when he is either challenged on performance , ability ,lack of communication , his ability to deliver value , or anything to do with his authority , bottom line is you won't get a reply , the man's to arrogant !
Did you get a reply?? :
Just sent PC an email expressing everyone's dissatisfaction. No doubt he will think that he is doing nothing wrong. I am now 85% down when I expected my investment to at least double when he said that a signature was imminent some time ago. Still I didn't have to invest here but feel extremely misled.
i guess it is easier to 'shout at the moon' rather than take the time to investigate the current dynamic of the pozzolan market and how scm additives are transitioning into the cement and concrete supply chains. safe - if the major players were accelerating their use of pozzolans (in sufficient quantities) then our cs project would have been snapped up long ago. but it hasn't - why do you think that might be ?
the answer isn't because pc in unable to convince cement industry be****ths that one dopey little pozzolan project (out of quite many nowadays) owned by a junior exploration company is large enough to solve their supply chain transition needs. or rather - its quite a bit more complicated than that.