Share Name Share Symbol Market Type Share ISIN Share Description
Sirius Minerals LSE:SXX London Ordinary Share GB00B0DG3H29 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.26p +1.16% 22.66p 22.60p 22.66p 22.70p 22.34p 22.56p 2,889,105 10:18:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -23.4 -0.9 - 1,011.34

Sirius Minerals Share Discussion Threads

Showing 34826 to 34849 of 34850 messages
Chat Pages: 1394  1393  1392  1391  1390  1389  1388  1387  1386  1385  1384  1383  Older
DateSubjectAuthorDiscuss
19/1/2018
20:23
Itcm you hit the nail right on the head but even with hindsight some posters won’t except the reality of risk reward.
dp1umb
19/1/2018
19:26
Carla. Get a grip TOP agreements are the only news that can arrest this slide imv But I believe they will come Latter half of the year can be much different Enjoy your LTH
mr.oz
19/1/2018
18:37
Thanks a lot muckshifter, a timely reminder of how challenging this work is. If it was easy the shares would be up at 80 pence or wherever. We should accept there will be setbacks along the way.
ltcm1
19/1/2018
18:03
President Trump Speech 18/1/18: Pennsylvania Video https://www.youtube.com/watch?v=tLihWJI2z4k
johnwise
19/1/2018
17:33
All the ones praising and the poster himself are in a cartel...employed TROLLS.. Not hard to SEE as spotted already x
carla1
19/1/2018
17:13
Interesting post muckshifter, But Chris de ramping???
dp1umb
19/1/2018
14:58
Yes, cheers muckshifter.
11_percent
19/1/2018
14:42
Good post muckshifter.thanks
chrisatbirdies
19/1/2018
14:30
The market is not just for longs it will not work without shorts I've used the short aspect that is showing me a considerable profit I've got another month to close The way it's going I should be able to buy a new car
janekane
19/1/2018
14:29
Sorry for the delayed reply Itcm1. More or less yes to your first question, most of my working life has been spent on major earthworks / groundworks to motorways dams etc. The reasons for the declared 2 months behind schedule on the curtain walls are many and complicated I would say. Firstly, I’ve been of the opinion that the originally planned curtains were inadequate for a long time (posted about it last summer, iirc), they have imho been substantially increased, and as a result I’ll be very surprised if the true curtain wall delays to the project don’t increase by a few months. Note the weasel words in the update “The Company is confident that this small loss of time will be recovered over the remainder of the project schedule.” ie.they don’t expect to get back on programme during the curtain wall installation – they hope to regain lost time later in the project. Part of the reason for the delays is, imho, the just about inevitable disruption caused by Sirius having a “design on the hoof” programme, while still not having a finalised contract with either of the main contractors, which is a consequence of the quick start immediately after cash became available on planning approval. If you read the updates carefully, you will see evidence of programme disruption already. What they are doing has a few challenging engineering elements although almost none of the work involves the sort of workforce, which might be in short supply because of HS2 / Hinckley. The outstanding challenge, imho, is sinking the deep shafts through the bunter sandstone layers, and I’m pleased to see that the deep borehole on the line of one shaft, added after planning approval, is taking a long time (note that the effect of this slow borehole is mentioned as a disruption to the intended programme in the update, iirc). That indicates to me that the shaft contractor, who is now on site watching and supervising the borehole, is getting the best possible understanding of the difficulties he faces. The sort of thing which could cause programme slippage is to some extent programme disruption caused by the “on the hoof” design, which can normally be mitigated if you have the money, and trouble with sinking the shaft, or even driving the tunnel although I don’t think that is as challenging, or a serious tip slip at the intermediate shaft, which would be much more difficult and expensive to mitigate, imho. Hope that helps.
muckshifter
19/1/2018
13:19
chris, Its not de-ramping, its the results of balanced analysis.
11_percent
19/1/2018
13:06
Yawn.you de-rampers are so obvious.surely you need more training
chrisatbirdies
19/1/2018
12:24
Don't they say double the cost and double the time on these monster projects??? Just look at Hinckley. Warren Buffett says he never invests in mines and commodities as there is too much uncertainty. However it doesn't mean we shouldn't.
ltcm1
19/1/2018
11:08
janekane 19 Jan '18 - 11:02 - 30806 of 30806 0 0 0 good short investement ================= janekane, Indeed, its on a steady down trend from 35p.
11_percent
19/1/2018
11:02
good short investement
janekane
18/1/2018
22:05
With the size of this project there are always going to be hiccups, I've not known a mining project that's come in on time or budget....its going to be a long haul..Type of Warren Buffet share...
beeezzz
18/1/2018
18:07
Great post muckshifter. Are you a groundworks contractor then? Guess you have experience of throwing money down holes if you are! Assuming the weather may have lost them a couple of weeks what do you think the rest might be? Is what they are doing very challenging engineering wise? I was wondering if HS2 and Hinkley will affect them in terms of getting the right people etc? What is the sort of thing that could cause the project to slip badly. Too technically hard say or bad ground? Or simply the scale? Building is difficult! You can't have quality, fast and cheap, one always has to go, it is the building dilemma. You can only ever get two out of those three.
ltcm1
18/1/2018
15:40
Thanks NMRN. Perhaps I should have asked why there are more sellers than buyers. I thought the last Quarterly update was good except for a 2 month delay (minor issue). But the share price has been drifting down for a while. Are investors losing confidence in this project? Problems with offtake deals or stage 2 finance?
jw30
18/1/2018
15:15
jw30, Could it be because there are more sellers than buyers? That is how the market works after all! NMRN
not my real name
18/1/2018
14:57
Why is the share price dropping?
jw30
18/1/2018
13:53
Genuine question: Does the fact that Boulby are switching their attention to Polyhalite have any bearing? Sirius will see increased competition from Boulby now, could a merger be on the cards ? Boulby are already in production after all.
peteship
18/1/2018
13:24
Just read the latest progress update, which I found interesting and about as expected. The initial statement that “the project is on time and budget” has me imagining the “announcerR21; with his fingers crossed behind his back! I suspect this year and next are going to be tough for Sirius and my best guess at an end of year share price would be 18p, after problems become more visible, perhaps in the June update. So, imho, the patience and confidence of long term holders is going to be tested severely, and I hope that two years from now their patience will begin to be rewarded. To me, as a lifelong contractor, there is plenty of evidence of slippage in the update, with a few weasel words to smooth nerves. Long ago, I posted that I thought the Sirius intention to have the two main contractors assume interface risk between them would be a serious problem, and I still think it is, although mention of this is conspicuous by its absence in recent updates. Also, what I perceive as the first couple of “interfaceR21; difficulties are already identified in the update. So, good luck and good patience to holders, I believe in the end you will do OK, but the “pot of gold” might not be quite as big as “you know who” keeps repetitively indicating with his cut and paste posts, and the wait to see light at the end of the tunnel might be protracted. Regards.
muckshifter
18/1/2018
13:19
The banks who all work together on the funding control the business on the basis that covenants are put in place and besides some of the shareholders especiall the OZ lady will sit until she sees returns on her investment. Many muppets on this BB do not understand how finance is put together, how it works and who gets the returns if the project is successful. There was several excellent post made recently and to be blunt the current fair value for SXX is around 23p +/- pence either side. For the ones who use brokers to take a turn all I say is good luck as CHARGES will take their toll and loose capital for you.
anley
18/1/2018
11:48
Figures make it hard to disagree Janekane, Today down from 22.9 to 22.76 = - 0.8% last 5 days down from 24.0 to 22.76 = - 5.5% last month down from 22.9 to 22.76 = - 0.6% last 3 months down from 25.75 to 22.76 = - 11.6% last 6 months down from 31.5 to 22.76 = - 27.7% Doesn't look great but for long term holders........... last 1 year up from 18.0 to 22.76 = + 26.4% last 2 years up from 13.9 to 22.76 = + 63.7% All a question of perspective and timing I guess! Still a holder. NMRN
not my real name
Chat Pages: 1394  1393  1392  1391  1390  1389  1388  1387  1386  1385  1384  1383  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:30 V: D:20180122 10:33:54