Member Info for SGD27

Very pleased to read these positive test results. The continued sidelining of the other projects (Derryginagh today) just adds to the feeling that we have something significant with CS (and probably NewPerl too). Proactive coverage : http://www.proactiveinvestors.co.uk/companies/news/190381/sunrise-resources-boosted-by-findings-of-cement-testing

The calcs are in this pdf : http://csinvesting.org/wp-content/uploads/2018/01/Sand-Report.pdf

Delays can be frustrating, but I'm not seeing unnecessary delay here. We can't just 'scratch it up', we need a mining permit. Before we can get a mining permit we need to define exactly where we intend to do the mining. To do that we have to complete the drilling/testing (now in progress). Before we could do that we needed a drill permit, which arrived around 11 December - drilling then began around Jan 3, which seems fairly quick off the mark to me. There's also an unavoidable delay built into the testing, as there's a standard 28 day curing period for concrete. (OK it's possible to get preliminary results earlier.) NB I'm no expert in this area, this is just my understanding of the process, based on the RNS's.

Analysis of Sandstorm : http://www.valuewalk.com/2018/01/sandstrom-back-envelope-valuation/ @fulmar29, maybe the ceo.ca crowd might be interested?

https://audioboom.com/posts/6599770-jonathan-forster-ceo-of-cora-gold-cora

Not sure why this has come out today, but all publicity is good I suppose : http://www.proactiveinvestors.co.uk/companies/news/189885/braveheart-investment-gets-more-hands-on-as-portfolio-grows-189885.html

Discussion board here : https://ceo.ca/aric (but no (human) discussion yet).

Looks like the new spinout company has materialised : https://www.juniorminingnetwork.com/mining-news/independent/40326-interview-with-awale-resources-president-and-ceo-glen-parsons.html

Thanks, glandore, that's a great piece of research! Just re-posting your link without the caps to get it to work : https://jobwebethiopia.com/jobs/tulu-kapi-gold-mines-share-company-jobs-ethiopia-senior-community-resettlement-coordinator/

Correction: one more rollover, I misread the dates.

@reso : I'd be surprised if you get an entry 20% below the recent placing (assuming you meant 0.12p not 1.2p), but it is AIM so I suppose anything's possible. Looks like a couple more rollovers today. 1% is quite a hefty fee just to keep hold of one's shares!

Just looks like a rollover, or some other sideways move : http://thesharehub.com/?p=652 - see paragraph headed "A 'rollover'."

https://www.brrmedia.co.uk/broadcasts/5a340423e4dc2e09e652f69f/ariana-resources-2017-update

http://www.proactiveinvestors.co.uk/companies/stocktube/8539/synairgen-chief-delighted-with-amended-fibrosis-collaboration-deal-8539.html

Surprised/happy to be able to add a few more at sub-placing price.

Likewise. 18 month time frame too long for many, it seems.

This will take a while to digest, but I'm pretty happy with what I've skim-read so far. The continued commitment to a highly focussed strategy is what this company has always needed IMO, and I can live with the 18 month schedule. It would be helpful if Beaufort would now update their valuation, which was very comprehensive but now nearly 6 months out of date.

Same report, page 12 : "The CS Project sits on surface so is easy to mine with simple processing, and should be low capex (sub $5m)."

Thanks Tomcorvid, very interesting article. The bit I don't understand though is this : "The firm said the technology would use only 2 percent of the radioactive sources used in a conventional 1-gigawatt nuclear power plant..." But it's producing 400MW, i.e. 40% of 1GW. So how is this possible? Maybe using a smaller quantity of fuel, but replaced more often? Any answers from the nuclear-tech-savvy appreciated!

http://www.proactiveinvestors.co.uk/columns/beaufort-securities/29091/beaufort-securities-breakfast-alert-jangada-mines-sunrise-resources-tiziana-life-sciences-29091.html " Sunrise Resources (LON:SRES, 0.17p) – Speculative Buy Sunrise has announced it has received permission to undertake its Phase 2 drilling programme at the CS Project in Nevada. It is calling this “Mine Plan Drilling” since it will be used to define the open pit and mining license footprints for a pozzolan and perlite mining operation. Note that “test results from Phase 1 drill samples, surface and trench samples meet the key ASTM strength requirements for natural pozzolan across a very wide area of the property”. i.e. drilling is less exploration, more fine tuning and for permitting. Our view: This news follows the placing announced last week, so the 22 hole Phase 2 drilling is fully funded. Timing of Phase 2 is to be determined (we think contractor availability) but will probably be in 1Q18. The CS Project is progressing well on site and in the lab. We look forward to positive developments on the marketing side. We reiterate our Speculative Buy recommendation. Beaufort Securities acts as a corporate broker to Sunrise Resources Plc "