Member Info for Runner

It appears to be in someone's best Interest to not let the share price fall, note the propping up of the price with the last trade of everyday. Clearly intentional.

Yes, but to the point in my 12:13 some people still want out and are selling for 9.5p. It doesn't make sense to me, but it must to them !! The window is still open for new money to come in and reap significant rewards from these levels!

I expect that we'll need to clear our way through a bunch of profit takersd/traders this week before we're cleared for takeoff. I can't see the MMs letting SKR sp go without making some money for themselves. Therefore, IMO, the window to buy at a good price will be open for a few days, then should be gone past 10-13p range for good. 21p, 30p, 58p and onwards. Takeover at 60p+ on the cards??

The reserve estimate for the entire Chilisai licence area demonstrates the true scale of the deposit. With established reserve of 48 million tonnes of recoverable P2O5, target output capacity of 0.87 million tonnes of P2O5, and DAP/MAP manufacturing technology fully endorsed by leading engineering firms, upon implementation, the Project is well positioned to become a significant player in the world phosphate fertilisers market. The economic parameters of mining have been derived from the Company's operations in 2008-2011, so the Board believes that the reserves assessment is of very high reliability. This assessment also supports our view that Sunkar can become one of the lowest costs producers of phosphate fertilisers in the world."

Booommmm! Finally. GL Sunkarites. This is just the beginning.

For any newbies cruising, here's a link to the SKR site. http://www.sunkarresources.com/

3.00pm and less than 7,000 shares traded? This one should be moving now.

Beep Beep, oink oink, anyone around?? Hellloooo (cavernous echo ...)

The Halyk note can't be delayed though as no date was set for it, as far as I'm aware. Cool.

Someone's buying in chunks of 100K shares a couple of times a day. Wish it was me, but alas not ...

With due respect .... where do you get that target of 7p from ....?

rugs, most know that it can't be relied on. LSE is supposed to quote the mid-price, whereas most sites report on the price of the last trade as the "latest price". Good to be in here regardless. GL

Gosh, 30K shares so far today, 2 trades. It's like we've ground to a standstill. What's up with this? We should be moving steadily onwards and upwards. Frustrating.

I think the gap between current SPs and brokers' valuations is the complicated thing called "sentiment", which includes lack of trust to blenoil's point. Not only in the brokers, but in the companies not issuing more shares, taking on more debt, commodity prices holding up or not, euro zone dramatics, demand from India, China, Russia for metals etc. In a nutshell, the sentiment is that we don't trust the broker's assumptions on those factors, therefore we PIs hedge it by maintaining a good discount! At least that's what I do!

That's really nice of them. I also intend to use their phosphate on my Runner Beans, so I will become a shareholder AND a customer.

Buy recommendation with target 160p from Bank of America today. Consensus appears to be around 150-160p. A good 50% up from these levels.

Defo going to beat the bank rates for your cash ....

I suppose Halyk will re-value the company's mcap and come up with a fresh sp based on new mcap. Come on then!

I'm surprised that Sunkar shares haven't shot up today. There is a lot of good news in the RNS and not all anicipated. As JTM27 says, the project is pretty much de-risked. I suppose though that production is quite a long way off still. Good time to buy for those PIs with a long term horizon.

Thanks for the thoughts, fully agree. JP