Member Info for SGD27

This page has been updated today :

https://www.sunriseresourcesplc.com/aim-rule-26

Not much change, but Beaufort Nominees Limited holdings have dropped from 142,038,215 (5.83%) on 30 August to 125,295,642 (5.14%) today. So if the Beaumont administrators are selling off the clients' holdings, then they're doing so very slowly.

Hi Lordbryon, much appreciated that you've shared that information with us, even if it's not what we want to hear!
ATB

Thanks for the find. Yes, the petty censorship is a bit of a pain isn't it? Let's try this :

www.%76oxmarkets.co.uk/articles/horizonte-minerals-show-positive-initial-results-for-nickel-cobalt-tests-to-serve-electric-vehicle-market--226075b

https://www.brrmedia.co.uk/broadcasts/5bb24632269b0c1ded1892d9/kefi-minerals-project-equity-investment-agreement-with-ans

This is what they said in the Final Results (13/12/17 RNS) :

"
Our largest shareholder, Tertiary Minerals plc, continues to provide management services at cost and to take shares in lieu of payment in cash from time to time. This allows us to reduce the cash impact of administration costs and the directors continue to be paid their modest fees in shares. I thank them and our Company Secretary for their contributions.
...
The Group's business is directed by the Board and is managed by the Executive Chairman. The Company has a Management Services Agreement with Tertiary Minerals plc ("Tertiary") which is a significant shareholder in the Company (as defined under the AIM Rules). Under this cost sharing agreement Tertiary provides all of the Company's administration and technical services, including the services of the Executive Chairman, at cost. Day-to-day activities are managed from Tertiary's offices in Macclesfield in the United Kingdom, but the Group operates in three other countries. The corporate structure of the Group reflects the historical pattern of acquisition by the Group and the need, where appropriate, for fiscal and other reasons, to have incorporated entities in particular territories.
"

More likely once the bulk sample testing is completed?

Hi Sam, yes that's an important piece of news I'd been waiting for, and I added 1m this morning on that basis.

Just for anyone not aware of its significance :

"
Sunrise and its consultant have investigated the regional pozzolan markets – mainly California. California manufactures 9.6Mt of cement of which >1.0 million tonnes is pozzolan. Most cement manufacturers use fly-ash type pozzolan from coal power stations, but supplies of quality fly-ash are declining due to environmental regulations and the closure the coal fired power stations. When the local Navajo Power Plant retires in 2019 it will remove 500kt of supply from the western U.S. Sunrise plans to fill the gap.
"

https://www.sunriseresourcesplc.com/filemanager/Research/Sunrise%20Resources%20plc%20-%20Beaufort%20Research%20Note%20-%2010%20July%202017.pdf

(I don't think the ignominious demise of Beaufort invalidates this research report. But it is a bit outdated by now - in a good way: some of the risks they factored into their valuation have now been mitigated to a greater or lesser extent.)

https://audioboom.com/posts/7014711-hummingbird-resources-hum-reabold-resources-rbd-anglo-asian-mining-aaz-and-alan-green-on-i3e-itx-sms-hstg

The I3E bit starts around 24:15 in.

http://www.proactiveinvestors.co.uk/columns/vsa-capital-market-movers/30067/vsa-capital-market-movers-vsa-morning-alternative-energy-comment

"
...
VSA Comment

Following on from the announcement in July that it had signed an exclusive deal to develop energy storage projects to support the German electricity grid, RED is now well advanced in securing the financing for funding the initial stage of this project. With financing expected to be secured by year-end, this project should deliver significant revenues for RED over its FY 2019 and FY 2020.
With the potential securing of a number of large-scale projects, RED has identified a need for the provision of infrastructure finance, in a similar vein to what has been seen in the wider renewable energy sector. Although flow machines have yet to be financed in this way, we believe the technology is ideally suited to such financing, as the machines suffer from very little degradation and offer significant flexibility in an era of constantly changing energy regulation.

Recent regulatory changes in Germany, which have also been seen in the UK, are clearly favouring long-duration storage technology, as opposed to lithium-ion battery projects that are targeting short-term grid service revenue streams in what is an increasingly crowded and much smaller market. In comparison, this first German project is expected to make-up just 1% of the entire German SCR market, which clearly highlights the significant potential for expansion if this initial project proves successful.

We maintain our BUY recommendation and target price of 22p.
"

(NB: VSA are joint brokers to redT.)

... and this is the link for the NDOT report :
https://www.nevadadot.com/home/showdocument?id=9143

... and this is the link for the Adams presentation...
https://arpa-e.energy.gov/sites/default/files/5.%20Adams_Aggregates%20and%20Pozzolans%20Presentation.pdf

AGEOS/INTHENO, many thanks for more of your excellent in-depth research.

Just for people's convenience I thought I'd see if I can post direct links to the sources you discussed today and on 2nd Sept (in separate posts as LSE only seems to allow me one link per post).

So this is the link for the patent...
http://www.freepatentsonline.com/y2018/0065888.html

Interesting article, thanks Maverick. Just taking the caps off your link to make it clickable :

https://drive.google.com/file/d/1VXbRJpNfOucHKum9vdQgYMKGYtqRGZZl/view

http://www.proactiveinvestors.co.uk/companies/stocktube/10378/demand-for-nickel-sulphate-set-to-explode-as-industry-excitement-builds-10378.html

"
13:06 06 Sep 2018
Thomas Hohne-Sparborth, senior economic analyst at Roskill, discusses with Proactive Investors the outlook for nickel sulphate.
"

The CS Project web page has been updated, including videos of the bulk sampling :

https://www.sunriseresourcesplc.com/cs-project

"The Company expects to be mine ready in second quarter of 2019."

Doyezee, I think the most recent placing (April 2018) was at 5.9p :

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RED&ArticleCode=fgs5uyk0&ArticleHeadline=Placing_to_Raise_385m

The previous one (December 2016) was at 8p.

From that RNS :

"Testwork results continue to be outstanding and will feed into our mine and process plant designs which we expect to complete within the next two months."

So that's due any day now.

Well, Hargreaves Lansdown will let me do a dummy buy of SSL shares (i.e. on the Canadian exchange). But of course that doesn't prove it would have gone through if I'd pressed 'Accept'. (Sorry, not wasting the fee to find out!) Sounds like you know a lot more about the regulations than I do, so I don't think I can help further. ATB.

Is that on the US or Canadian exchange?

If I remember, I'll try a dummy buy with HL later (when the Canadian exchange opens).

I don't think Mrs C was issued shares (not today anyway), just being declared as part of PC's total holding.

7m shares equates to about £10k - peanuts!

(Or 0.3% dilution, is another way of looking at it.)