Executive Summary
Sunkar Resource Plc is a UK registered company that aims to be an integrated phosphate fertiliser manufacturer. The Company has a 90% interest in Temir-Service LLP, a limited liability partnership established under the laws of the Republic of Kazakhstan, which is the main country of the Companys operations. Temir Service LLP holds the subsoil use contract with the Ministry of Energy and Mineral Resources in Kazakhstan, for the production of phosphorite ore on the Chilisai Deposit. The Chilisai phosphate deposit is one of the largest known deposits in the FSU. The CPR set out in the admission document indicates that the resources are sufficient for a 56 year mine life at the rate of 10 million tonnes of ore mined per year. Growth strategy: Sunkar intends to establish a large scale, low cost phosphate fertiliser manufacturing company over the next four years. The Groups focus for the next 18 months is to: establish early mining operations; commence production and marketing of phosphate rock.
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