Member Info for willy1946

Someone suggested that the next point of resistance would be 0.36.
What's next?

Could it signify be a big purchase ?

According to H L there is no spread at .3 for sell and buy
My aged feeble brain is trying to get to grips with that
Danger or opportunity ?

It is very difficult to sell shares of this stock this am
Very few buyers about

I think its an exaggeration to use the term mining at this stage.
A fair % is just sitting there on the surface like a low Ayers Rock
You could get it out with a D6 and a couple of tipper trucks
We can dream of a JV and/or consolidation. Anything.

Sorry for the spelling error I no longer have the patience to check what I have written

Kkkhttps://www.proactiveinvestors.co.uk/companies/news/903156/sunrise-resources-makes-good-progress-towards-production-at-cs-903156.html

Look about half way under the heading
HOW Are they DOING?..

We are going to provide course grade perlite to potential customers

So who 'fkd' up?

https://www.mondaq.com/energy-and-natural-resources/970502/mining-comparative-guideI agree the money is not the problemUntil we know what type of mining activity will take place we cannot complete the application.The above link explains what info is required including environmental issues. ( a little out of date)The results from the MOU will be required to complete.

The complete lack of any action in progressing the mining license for over 6 months makes it the key indicator here.
It could be the fee. 250k.
Why pay that if you can't progress any mining works without a paying partner.
If the application fee is paid we will know things will progress until then it's just hope.

https://www.proactiveinvestors.com/companies/news/926743/progressive-planet-s-natural-pozzolan-outperforms-fly-ash-in-concrete-test-university-of-alberta-report-says-926743.html
This is a Canadian company at similar stage to sres. The science is validated just some further testing to take place.

If the Kodal Twitter account is an official company account then the fact that the lithium price may rise is interesting but as far as KODAL is concerned it is meaningless.
Kodal don't have any lithium. It's in the ground and is anyone sure it may extracted efficiently?
Who are these chancers we have got ourselves involved with?
Doing deals to raise money for exploration is a nonsense.
There are billions of shares floating about
Even if the lithium is not viable on paper getting the mining license would put the SP up and you could raise any amount of play money.
So our question should be this in my opinion.
Why is Kodal referring to a possible increase in the price of lithium (presumably to increase the SP) when apparently they are making no effort ( 6 months) to compl;ete the application for a mining licence which would have more chance of raising the SP.

There many shares where decisions are influenced and delayed by covid.
Kodak's mining application has suffered by the application process in Mali disrupted and then redesigned as online.
Mali seems to have got their act together, if you go here:

mali.revenuedev.org
You will see how it works. You will also see that Kodal may login and discover the exact progress of the application.
I wonder if they have done that because they are not telling anyone if they have.

It is not possible to accelerate concrete testing.
I have prepared thousands of cubes for testing.on construction sites.
At least 2 cubes from each day's pour usually many more.
Concrete gains compressive strength quickly in the first 7 days and more slowly to 28 days. After 28 days the curve flattens nearly horizontal, although in theory concrete never stops gaining strength.
Most concrete companies have their own testing facilities and are continuously testing batches.
Although the 7 day test is a good indicator most engineers will wait for the optimum test at 28 days
So if batches were mixed mid January mid February is the earliest date for any results
Patience is required

Has anyone calculated what quantity of perlite is availble to be mined by SRES?

someone here has suggested that it was stated by KOD in the RNS seemingly promoting power China and its Fortune Global 500 status

If that is correct then it is enticement - misprepresentation - a minor criminal offence but enough to void any subsequent contracts

'death spiral financing' is this an accurate descrition of the present situation?

bear with me on this.
the above film is essentially about two Texas brothers who rob banks to pay off a mortgage on their farm. To launder the money they take the cash to out of state casinos who don't ask questions?? get chips play for a while then cash in and obtain a cheque to take to the bank.

European High Growth Opportunities Securitization Fund is strange organisation . They seem to invest in companies that are struggling as they have here. get the cash out and then the companies seem go bust.

i agree Cookie H&W has great potential- but which comes first .
The ML could fail and SP drop . If you look at the NI Marine Trust submission to the consultation, they have powerful ECO and wildlife contributors asking awkward questions. It will be a brave politician to go against that.
I might sell now on the gamble of the above scenario coming first.
Then buy on the knowledge that good news coming that will dramatically raise the SP

There are several possible opportunities in the pipeline.
1/ Harland and Wolfe is a excellent long term project with possibilities for market reaction with every ship that passes by.
2/ Islandmagee Gas Storage Project is awaiting the results of submission for a marine license to proceed. Strong Eco groups against. 50/50
3/ FSRU project -floating storage and regasification units . No news
https://www.kslaw.com/blog-posts/developing-an-fsru-project-in-new-markets-10-key-considerations
3 an 1 go together as harbour facilities are a requirement
3 seems to be a alternative to 2.
All of which could spell success or failure. Timing is the key to your investment.
if any of 2 and 3 individually fail and the other is then a success then the SP could have a 'V' dive and recovery.
If both fail then the stock would have to have some really good news from number 1.
Alternatively there is the fav in the 3.30 at Goodwood.

If I have done my calculations correctly we need 6p to equal this price today.
I would need something more like 15p to break even.
I an not selling at this price so I will sit back and try and enjoy the ride.