Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Twiggy stop being so patronising and righteous.
The point Comeone is rightly making is - are we still in negotiations ?? - we know they take time.
But no one knows apart from PC if things are or are not progressing - an update on the current state of play with those that were interested should be expected after 5 months of no update
We are not asking for specifics but want to know who if anyone is still in the frame.
At this stage they could have all buggered off and you twiggy will still be going on in another 12 months that negotiations take time when no one's even at the table !!
Omg twiggy - they may have scheduled it bit until they get approval from the BLM they can't do jack
Let me make it more simplistic for you by example -
You've scheduled an international flight at the end of September - however unless the gov sort out, process and return your passport renewal you cant go .......
"Further to its announcement of 28 June 2022, Sunrise Resources plc is pleased to advise that Tolsa USA Inc. ("Tolsa") has submitted a notice to the US Bureau of Land Management ("BLM") for approval of an extensive trenching programme at the Company's Pioche Sepiolite Project in Nevada, USA (the "Pioche Project") as part of their ongoing due diligence."
As part of their due diligence - this deal is also far from being done - BLM approval could take months and then the work to carryout the trenching .
No money coming here if they do go ahead until well into next year imo .
Enough of the side show PC - what is going on with the CS project .....
Aviator - you can cherry pick news to back up your points but the facts still remain;
- one major International CRMC walked away at the beginning of the year despite the great product quality and in full knowledge of the Kirkland deal - this CRMC could have bought is out with loose change but they didn't .
- PC mentions further discussions with others but how credible is this ( not very imo)
- two initial mou's never came to anything at the outset and we were never told who these were - were they real ?
Feel your pain Caddy - I think you have answered your question in you message - nothing is going on.
We have a product that it appears no one wants .... I would love to be proved wrong but everyday that goes by now without a deal announced makes me feel less and less confident with this .......
Vote of No Confidence - if we hypothetically look at this :
- how many share holders would it take to action something like this and what time frames ?
- should you actually remove PC who would take his place ? - you cant just have a void.
It's easy to say, Vote of No Confidence, but to action a removal of PC and change Sunrise would take a vast amount of money and time - find and set up a new board ready to go day one etc etc.
So a vote of no confidence in reality really doesn't help anyone here imo.....
So PC's son has been with Sunrise for 10 yrs now and was indoctrinated straight out of University - so probably now 31 / 32 yrs old.
At what point is PC going to pass the business on ?
Will the CS project be his last hope before he takes a back seat ? - you would think for his own legacy that he would what to go out with a big deal so perhaps this is a motivator for him to get get it done - last chance for the big one ?
C'mon PC gives us an update .......
So over two months since :
"Meetings held with multiple parties, including existing and new interested parties which include
Ø two cement & ready-mix companies,
Ø one major fly-ash distributor,
Ø a large building materials company, and
Ø a new cement clean-tech company.
· Due-diligence field visits carried out."
How many still interested PC ?
As I've said numerous times over the last 18months you really need to sort your PR strategy out - its appalling and no wonder there is no interest in the company or SP.
It really is starting to look like you really don't care ...... ?
PC you are a C U Next Tuesday .
Commenting today, Patrick Cheetham, Executive Chairman said: "The AIM Market is extraordinarily difficult for junior companies at present so, in making this placing, we have sought to strike a balance between the need for working capital and shareholder dilution. We have announced good progress on a number of fronts in recent weeks which we anticipate will reflect in the Company's share price when markets turn, but in the meantime we are continuing to focus on our CS Project in Nevada and the value catalysts in our wider project portfolio."