Product Approval27 Jun 2022 18:25
Getting this should, I would have thought, been the first step after the licence approval so I'm not surprised that no deals were struck. This is, after all,just an exploration company and could be a mining company if Patrick wants that but does he? He's not a salesman, doesn't need a commercial team because it's a tiny company and
nothing discovered yet has proved marketable. The For Sale department on the website proves that so does PC want to sell product or to sell the entire Pozzolan and Perlite operations. When that decision is taken will be the time to take advice and to employ an expert to negotiate a deal or deals. If successful, they might be able to clear some or all of the mothballed operations as well. There is plenty to sell but , as it is, the product is in the ground and is worth what it can be sold for and no buyers means it's worth nothing so expertise is needed, probably commission based, to enable prospective buyers to be aware of it's existence and to make, should they choose to, offers that establish a value. Hopefully it'll be competitive and Sunrise will make what I assume principals and investors intended, a decent return.