Member Info for Dubliner

I just played again the most recent interview that Patrick did with Proactive which was 18th August; as of tomorrow that will be five weeks ago. In that interview he talked about the two test pours the CRMC had done and said this of them; "they are pretty much a final test in their due diligence".

He had outlined all the other tests that they had done working with us leading up to the test pours.
So it seems that Patrick has some kind of view of the due diligence the CRMC consider appropriate.

In the last CS RNS he said;
"The preliminary results from the concrete pours using CS natural pozzolan are first-rate and, we anticipate, will provide the basis for a more structured arrangement with the CRMC carrying out this work"

I guess we have to assume that Patrick is right now working with the CRMC on this 'structured agreement' whatever it is.
I did note the announcement yesterday that travel to the US is being allowed for double jabbed folks from early November; there is no committed date yet.

I guess we all hope that we hear something well before then although I guess we can't rule out the possibility that PC is waiting for this travel easing to sign off on a deal. Who knows!

Yip agree 100% with that Daddy.
More chance of seeing Lord Lucan riding Shergar around Brigadoon than us hitting 5p IMHO.
Patrick is working with the CRMC and if they want to deal with us they will. I continue to wait, yes it is a drag though!

Like it fulmar!!

"And I'll play it....."

Mr Shifter...
For those of a certain age!

Iceman eh, how come he gets a cool nickname!

Could be a decent day as just tried couple of dummy buys. NT for 2M and got quoted .27 for 1M which compares to .2535 on dummy buy late yesterday. Might just be early in the day thing but perhaps SP rising in anticipation...

Hi fulmar, actually rubbish as it is HL are not doing bed and isa any more. Seems crap I know.
On that theme in our town HSBC have closed the counters and won’t take or give change (rubbish for the missus with her coffee shop business) so I go to my Halifax bank to get change on Thursday and fork me they now only open on a Wednesday. As Mr Dylan ( not yer man from magic roundabout) once said ‘the times they are a changing’ or as per HSBC the cash they are not a changing!

I see the buyer paid .265p when we were only .248p earlier today so they willing to pay a premium for a good chunk.
I hope they have knowledge of something!

Just offered .2464 on dummy 500k shares sales.
Maybe news is afoot!

For those not on twitter I note Sunrise tweeted this in last couple of hours;

"According to credit rating agency ICRA, the global demand for cement will increase by 20% in 2022, returning to pre-Covid-19 levels. It projects that demand will be driven by a backlog of infrastructure maintenance projects due to the pandemic"

Here is a link that they also flagged;
https://www.worldcement.com/the-americas/31082021/bruks-siwertell-reports-cement-import-boom-as-us-shows-signs-of-recovery/

Yes we carry on waiting. It is a pain but my hope is that we are negotiating something with the CRMC right now be it offtake or sale. Many here have been patient for a long time but we have banked a lot of good news on the CS project and really must be close to something that is beneficial for the SP and our pockets.
Keep the faith and good luck....

Hey Hocus, I see that Sunrise have just tweeted this CNBC video about concrete.
Suggests that Patrick does read the posts here!!

And now I see it again, bloomin LSE!

Not sure what happened to my post on this thread earlier today; seems to be missing now.

If you click on below link (if not blocked) you will see the 'Poolbeg Towers' which feature on Damo's Almighty Love album.
Am an ORPH / POLB holder and as it goes love yer mans music. Hope the SP busts outta here!

https://www.youtube.com/watch?v=mlbIxFZQGI4&list=PLiDOfotLIFbi5DSOV9UERkfwpSElSBgCV

An unexpected bonus today and ought to make it easier to find a partner to take Bakers forward.
More importantly perhaps our 'luck' is turning and it will be onwards and upwards from here.

For any prospective new investors looking in here due to the RNS today.
The existing SRES holders are mostly not here for our Precious Metals projects but our Nevada based Industrial mineral project called CS (Crow Springs). We are working with an International Cement and Ready Mixed Company (CRMC) and they have been testing our Pozzolan now for some time and we are closing in, we believe, on a formal deal with this CRMC.
Our Pozzolan is proving to be a brilliant replacement for a % of Portland cement in concrete mixes and the latest testing indicates the concrete is much stronger when our Pozzolan is in the mix. Pozzolan is a green product that replaces traditional Fly Ash which is becoming scarce due to the closure of coal fired power stations in the US and around the world.

It could be the CRMC will buy our Project or alternatively (and as suggested via RNS) collaborate with us on some kind of Joint Venture where they fund the small amount of Capital to get the mine up and running. We would then start supplying them with Pozzolan for use in their cement and concrete mixes and share the profits which should be very lucrative. We believe our project is very valuable to the cement industry and recommend folks review the presentation and slide deck on the below URL;
https://www.sunriseresourcesplc.com/presentations

Hocus, thanks for posting. That video was informative and have to say it does reinforce how important our Pozz is when you see how much cost and effort there is in making cement.
Our timing could not have been better what with the fly ash shortages, Biden’s infrastructure spend and we are sitting with our quality permitted CS deposit ready to sign the dotted line.
PC is based in Macclesfield so hoping he has a smile like a Cheshire Cat soon enough!

Hi SGD, I asked PC about that test pour some time ago. He said that it was a test that Sunrise themselves were doing rather than a third party; it was for our own testing as such.

Sorry folks but one further observation. I was a little surprised at the subtle playing down of Perlite in the recent RNS. See these couple of references;

“Whilst development of the perlite for uses other than for natural pozzolan is the smaller of the two business opportunities at the CS Project etc”

“The Company has been waiting on the results of all trials before committing to process the 200-ton bulk sample and so this work can now be scheduled”

**Note, I find it a smidge odd that we would wait until the last Customer responded before planning to process the 200 ton bulk sample. It is not an approach that reduces timelines**

Also in today’s Proactive interview around 40 seconds PC mentions the Perlite as being the ‘lesser of the two Business opportunities’. I don’t remember him using such language in the past.

I just wonder if the CRMC has no interest in Perlite and would simply prefer to just use the Perlite as a natural Pozzolan. By delaying the Perlite processing up to this point PC can see which way the CRMC want to play this. He could not for example have signed offtakes for Perlite if the CRMC has no interest in it; e.g. should they want to buy the lot.

Certainly just processing everything at CS as a Pozzolan makes life really easy in many ways. There is no need for folks onsite to run crushers and screeners for example. Given the CRMC has a large Pozz demand and a free large grinding facility the setup at CS itself could then be very straightforward (minimal infrastructure) and hence much cheaper. It is just a case of dig and transport to the grinding facility.

These are just random thoughts so folks don’t need to comment; am sure all will be revealed soon enough…

Thanks for flagging that Dip.
The key part for me was his suggestion that the CRMC are coming to the end of their due diligence with these recent concrete pours. I guess they might wait for the 28 day concrete strength numbers but it seems to me at least that we might hear something ‘soon’ and am thinking September timescale very possible.
Hopefully travel to US will open up soon so things are coming together at last.
GLA

Treestump, bit of advice. Don't just compare share price look at shares in issue when comparing Company valuations. Multiply shares in issue by share price and you get the important figure which is market capitalisation (MCAP). In round numbers SRES MCAP is £9M and TYM is £3M so we are valued three times the value of TYM.

Blast, I too missed the detailed information; not the first time I have failed to scroll down the page!!
So I stand corrected we do have further info here on the Perlite and the strength test info (flagged by comeonsres2) in the detail is bloody impressive by any standards.
Great to see the SP perk up and well deserved for patient holders here.
Fingers crossed and GLA