Member Info for SGD27

Kirkland appear to have a Mormon church on their doorstep - wonder if that's a problem?! https://goo.gl/maps/fGgYgforWYR2

6m is over a quarter percent of the company, so not insignificant. I'm still nearly, but not quite, a member of the 1% club. I would have added at 0.14p earlier, but I dithered too long and DrAmbition beat me to it!

I really can't understand this SP. Where are all the Grahamites?!

http://www.proactiveinvestors.co.uk/columns/beaufort-securities/29389/beaufort-securities-breakfast-alert-mid-earners-locked-out-of-buying-a-home--29389.html " Sunrise Resources has announced Phase 2 drilling results from its flagship CS Project, an industrial minerals deposit in Nevada. 25 RC holes were drilled (some infill, some step out) and all but one hit the targeted material. The main news is the step out holes intersected thick pozzolan and perlite material leading management to state that the CS Project has �very large tonnage potential�. Our view:The previous CS Project news reported more excellent cement testwork results, confirming that CS Project pozzolan is a high performing fly ash alternative for cement manufacturing. It is also an environmentally friendly material unlike fly ash which is produced from burning coal. Today�s news confirms the long life potential of the project. Annual production tonnage will be determined by demand/marketing success. Also bear in mind that before mining starts permitting and various other licenses will be required. However the product is excellent, the deposit is large, Nevada is a good mining jurisdiction and upfront capex is likely to be modest. We have a Speculative Buy recommendation. Beaufort Securities acts as corporate broker to Sunrise Resources Plc "

"A plan showing the location of the Phase 2 drill holes and the current interpretation of the extent of the target pozzolan and perlite will shortly be available on the CS Project page of the Company's website." It's just appeared : https://www.sunriseresourcesplc.com/cs-project

https://www.brrmedia.co.uk/broadcasts/5a7074e3355d6777c51718ba/121-mining-cape-town-berkeley-energia (Just a very brief interview, nothing new.)

Didn't they announce drilling completion in the 22 Jan RNS? "The Company is also pleased to report that its Phase 2 drilling programme at the CS Project has now been completed as planned. Further information will be made available when drill samples have been evaluated." As usual, it might be quite a while before test results come in, due to concrete curing times.

I have to admit I'm struggling to take this in. The new presentation is here : http://www.kefi-minerals.com/files/presentations/kefi-copper-presentation-5-feb-18.pdf but it's quite terse.

Thanks, Dubliner, the fact that he's being careful to keep everything above board is itself a positive sign IMHO. (Also agree with your comments re warrants. Essentially the same as an employee share option scheme.)

Hi Samspade4, yes, when I first read it I thought it came across as remarkably understated for a house broker. They don't shy away at all from discussing the risks, and quantifying them in their valuation. But I'd really like to know how much they think those risks have been mitigated given the progress made in the last 6 months.

Hi Dubliner, a good set of questions. It's not a top priority, but I'd like to ask whether Beaufort will be updating their Research Note any time soon. I found it a very useful document (and quite conservative, given that they're the house brokers) but it's now over 6 months out of date. (I'm referring to this: https://www.sunriseresourcesplc.com/filemanager/Research/Sunrise%20Resources%20plc%20-%20Beaufort%20Research%20Note%20-%2010%20July%202017.pdf )

"Rick Rule: 2018 Could be the Year Uranium Turns" : https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/rick-rule-year-uranium-turns/

Well, I can't access it any more, but if anyone's interested, the whole thing is on video here : https://www.weforum.org/events/world-economic-forum-annual-meeting-2018/sessions/special-address-by-michel-temer-president-of-brazil

(Article is accessible if you go via google "ft temer davos".)

President of Brazil speaking at Davos today : https://www.ft.com/content/63ddb5a2-00ea-11e8-9650-9c0ad2d7c5b5 "Brazil is back in business. Do invest in Brazil, and you shall not regret it." Hope he's right!

http://www.proactiveinvestors.co.uk/columns/beaufort-securities/29269/beaufort-securities-breakfast-alert-headlines-south-korea-bans-anonymous-cryptocurrency-trades-29269.html " Sunrise Resources (LON:SRES) 0.16p � Speculative Buy Yesterday after market opened, Sunrise published excellent independent results of a �concrete cancer� test on its pozzolan (from the CS Project). The performance demonstrates that CS pozzolan is �amongst the best natural pozzolans available on the market�. The test involved using some the most reactive aggregates in western USA and substituting 25% CS natural pozzolan for Portland cement. It resulted in a 96% decrease in expansion versus 100% Portland cement. Our view: Concrete cancer is the Alkali-Silica-Reaction (ASR) between Portland cement and the reactive silica in aggregates. It causes the concrete to expand, lose strength and ultimately degrade. Sunrise�s CS pozzolan has already been shown to exceed the US standard (ASTM) for strength requirements, we now know it is excellent at mitigating ASR. This will help in marketing the product and achieving the correct (higher) price. We maintain our Speculative Buy recommendation. Beaufort Securities acts as corporate broker to Sunrise Resources Plc " (NB 0.16p was the current SP, not a target!)

If you're looking at the pairs of large "buys", these are almost certainly rollovers. The difference in the two prices is the 1% fee. http://thesharehub.com/?p=652 - see paragraph headed "A 'rollover'."

Distance is ~85km according to the tradeinsight article. But it's not _all_ the ore that needs transporting of course, just an option if the nickel prices warrant it. (That's how I'm reading it, anyway.)

(I meant thanks both maverick2471 & Mrremmy :-)

Thanks Mrremmy. I like the idea that the trucks would be used in both directions. Are the quantities involved similar?