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So you’re backtracking now? Fool
LOL- bless you Losealot - jog on flower xx
Hope you are not saying my post are uninformed Dubliner?
Just to be sure Terrafin, you are saying that PC is deliberately putting out illegal false news in order to mislead share holders? I’m sure there’s a claim for legal action there, either against PC or you. I know which I’d put my money on.
SGD, good info on Boral and if seems to me to be very significant. They will have the funds that could buy CS for relatively small beer for them but be huge for us - their stated aim in the links you posted include getting access to more Fly Ash replacement - could not be much clearer that they would be interested in us and not hard to imagine they are the Company who approached us already. As you say SGD am sure they would not turn their nose up at the Perlite giving it fits right in with their type of Product. These guys have all the infrastructure you would need to supply Pozz and Perlite to dispersed clients over a large area.
Some pretty uninformed posts today will say no more than that!
As I already said there was next to no mention of Pozz testing in that last RNS. I contact the Company about that 'test pour' and it seems this is an initiative we (SRES) are doing ourselves to get some data/info etc and it is not being supplied to an end Customer. So take away that Pozz reference and all we are left with is that we are doing infill and expansion drilling and why would we do that you have to ask!
Lord Byron, your maths need a bit of a fine tune - smiley face!
Good luck all, MMs taking the 'P' today asking nearly .27p but only offering just above .23p..
A company like Boral wouldn't need pozzolan customers, they already have their own. But they would be interested in whether the perlite by-product was usable as a pozzolan.
Sorry, your correction beat me to it Losesalot.
What isn't clear is whether any customers are lined up for pozzolan testing. Hopefully more detail in the frequent news flow we've been promised!
They're being tested as perlite. Sent to 5 customers for expansion testing.
" Approx. 20-30 tons of coarse horticultural grade raw perlite to be split between five different customers across the USA for expansion testing."
Sorry SGD27 you’re right, there are samples for perlite and pozz
Different customers who expand perlite for end-use horticultural markets do so in different types of furnaces and consequently will achieve different production rates and yields of expanded perlite using the same ore source and so must test the material prior to committing to offtake agreements.
A by-product of the raw perlite production test will be approximately 60 tons of fine grained (-16 mesh) perlite which will be ground for use as natural pozzolan and production of a test concrete pour.
People on here have been saying the CS project will be sold for the last 4 years Still not sold lol
Yes I have owned my own business thanks Terrafin
SGD27 the perlite samples are being tested as a pozz not perlite.
5 different customers - that's perlite customers of course. AFAIK Boral don't do perlite (yet), so if they bought CS for the pozzolan they might be quite pleased that the perlite bonus came with customers already in tow.
Oh dear losealot you have obviously never been in business - remember don't be too proud to come back to me in a few weeks to tell me I was right :)
Yes Terrafin, of course they are negotiating the finer details of a sale of the CS project. That will be why they’re sending bulk samples to 5 different customers. Can’t think why I didn’t think of that lol
Sorry I posted that twice
Hi SGD/Terrafin, ticked up your posts as I am thinking same as you guys.
It does not seem fanciful to imagine that somehow the funding for CS is being worked on, we know that in a recent interview Patrick mentioned an unsolicited approach. There was a lot of detail in the PM projects in that RNS and also lots of info on Perlite. There was actually next to no info on the Pozz, say compared to the May RNS where there was mention of large bulk samples going to be taken. Let's hope there is a deal to be announced in the coming weeks. We 'might' just have news on funding for CS and Offtakes with the possibility of success from one or more of the 3 upcoming PM drills thrown in for good measure and we know these attract investors.
Fingers crossed and I will say I think Patrick is doing a good job.
MMs asking .267 just now so looks like it could be a good day for the SP.
SGD27, just want to say I always look out for your posts as you are one of the best here!
https://twitter.com/sunriseplc/status/1321401994985283585?s=21
https://twitter.com/sunriseplc/status/1321401994985283585?s=21
Terrafin, I tend to agree, all the evidence is pointing that way. For example, the wider area bulk sampling - why would a "customer" really need that?
Something to muse on - I appreciate precious metal prices have increased over the last six months but I do find it odd that Sunrise have now decided to go after their other projects and utilise the recent cash injection to do so.
I would have thought that all time and money would have been chucked into getting the CS project up and running at this stage - UNLESS of course they are negotiating the finer details of a sale of it and are not wanting to peruse it in the long term ?? ......
Nice that we had an update, but again it isnt helping the sp. For me it was to thin. Ok, we have a vague timeline for the CS project. But this drill that is meant to start today and pc should have told us more. Or are we going to recieve another RNS today? Stating that the drill has started, and time period of how long it will last. For me that rns was to shut us up until spring next year. Its no wonder we are heading towards a sp of less than 0.2p