Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ouch! All the more reason why people shouldn’t be critical of SRES putting out news and developing new projects.
I only have a few million left in here but was still hoping for a ten bag from SRES this year so I can buy more of my crap investments. One of which has made me around $60k in the last two months, down from around $75k a couple of weeks ago lol
The sepiolite project is the one to watch here now imo, shame SRES didn’t do more exploration on it themselves first. It’s not like they’ve been doing anything else is it?
This type of comment is the reason why they have been hiding news about about other projects for the last two years. The CS project is dead, it was dead last year before the fuel price increases it’s definitely dead now. The market has priced it in that it’s dead, the only way for this company to give shareholder value is to crack on with other projects now.
By the way comeonsres, PC gets paid £65k a year through TYM out of the half million a year we pay to TYM. You’ve been in here long enough to know that by now.
They had land rights for most of 2021 particularly for Hazen project as it says in the first paragraph hidden in the 50 page audited results “during the year” I.E throughout the year and they had completed 28 day test results, indicating they had staked the project at least 28 days before it being mentioned in the audited results. Which I’m guessing they only included it then because the costs had to be put in the report because they are not using their money they are using our money.
it’s against AIM rules to withhold information that may lead to a price change, End of
Not releasing news also has a negative impact on the share price. I don’t know about you but I’ve lost over £30k from the value of my holding because they broke the rules and chose to withhold information.
Nothing justone, I’m sure there’s nothing suspicious about first time poster Tim that’s expressed his views to PC. He must be legit, he’s made it clear he holds just over 1%, everyone does that don’t they.
Now you mention it though his comment could be handy for a company that’s just been caught withholding news on the Hazen and sepiolite projects.
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
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
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
It was around the time he was talking about the perlite grading mistake. I think it had the picture of the grading machine showing. I don’t know how to rewatch it I’ve retied the link and looked on SRES website and got nothing.