Sirius Minerals Share Discussion Threads

[timmy11] 29/4/2017 09:27

how does this affect sxx

[timmy11] 29/4/2017 09:26

Beaufort Securities on SO4 . . .21 Apr '17Salt Lake Potash (LON:SO4, 29.50p) - Speculative Buy
Salt Lake Potash visited our London office yesterday. Management discussed its plan to build a small-scale process plant in 4Q 2017 which should mean production in 2H 2018. It's being called a pilot plant but it could produce up to 40ktpa of high quality Sulphate of Potash (SOP) and be profitable. Based on a capex estimate of $35m and on our estimate production cost of US$300/t, a 40kt operation could produce US$10m of operating cashflow. Management also described the bigger picture and touched on the interest in SO4's projects being shown by global SOP players. This was also mentioned in yesterday's RNS (i.e. 20-04-2017).

Our view: This pilot plant development should provide catalysts for the stock over the next 12 - 18 months. However the investment case is overwhelmingly dominated by the potential for a large scale and very long life SOP operation. SO4 has a very large footprint in Western Australia with 9 potash containing salt lakes and 4750km2 of licences. It has the potential to be a major low cost SOP producer in an excellent jurisdiction with rail and power infrastructure. Also, unlike standard potash commodities, SOP's price has been strong with a very positive outlook due to its low salt content (SOP is 2.5x the price of benchmark KCL potash products such as Muriate of Potash, MOP). With a market cap of less than £40m we regard SO4 as the next Sirius, certainly in terms of upside potential. In fact unlike Sirius, SO4 has a far lower capex requirement, an established high value end product, and none of Sirius' massive underground engineering challenges. Maybe the trade should be buy SO4 and sell Sirius? We will update you in d so4

[investment dave] 29/4/2017 09:12

I think buyers will pile in now we are in the main market. Expecting 30p shortly if not as soon as next week.

[johnwise] 29/4/2017 08:34

By Rupert Hargreaves

"As construction of the mine progresses, and full production gets closer, it is likely investors will
begin to place a higher value on the company’s shares. I have written before that when production
starts, shares in the company could be worth as much as 330p, so investors all over the country will
want to get in on the action."

The bottom line
"Overall Sirius’ recent gains have been driven by market dynamics, but as the company
continues to develop its flagship potash project, more and more investors should flock
to its offering which will likely drive further share price appreciation."

Sirius Minerals The project explained Video

Sirius Minerals - The deposit Video

Polyhalite Explained Video

[spirito] 29/4/2017 07:59

you cannot describe holding a single share as low risk. nothing is guaranteed. you may have done well with it but nothing is certain.

[11_percent] 29/4/2017 06:17

30.....Monday close.


This is going to Bloooooooooooww.

[investment dave] 29/4/2017 05:13

Getting wire taps telling me this will be near 30p next week

[dp1umb] 28/4/2017 21:55

Spirito what's wrong with my financial advice? Is it btg ( the only 10 bagger in my portfolio) vectura (at 6 months lows) or more than likely your talking about lloyds(in at 35p) which next year with be earning me 20% plus annual income on my original investment???

Am I a mug? for the last couple of weeks I've been calling 25p the new trading level, when most on here have been saying 30p Monday 30p Tuesday 30p tomorrow , when we go mainstream this share will rocket! Now I can see it reaching 30p in the next 6 months most probably certain to reach that level but will then fall back again .

[y1phr1] 28/4/2017 21:42

I don't recon there will be any more dilution, as we were told by MD. stage 2will be debt

[dp1umb] 28/4/2017 21:37

Coolhand you never know maybe a 10 bagger but after last years funding I doubt it , more than likely there will be more dilution on the way in the next few years.

[investment dave] 28/4/2017 21:11

Next week this will be much higher

[coolhandfluke] 28/4/2017 19:30

Joseph Locke on now. Possibly one of the greatest tenors of all time.

[coolhandfluke] 28/4/2017 19:16

Sirius has made it. Forget the day to day movements. Look to the longer term once they are trading. Great investment. 10+ bagger for all.

[11_percent] 28/4/2017 19:09

caela,

are they stupide.

[11_percent] 28/4/2017 19:01

----

Most AIM shares wont make it.

Are we saying...SXX/CF has done it.

I, am only one guy.

[11_percent] 28/4/2017 18:43

utube shindlerslist

tps://www.bing.com/videos/search?q=utube+shindlerslist&&view=detail&mid=F0171E75CA714BF94CA1F0171E75CA714BF94CA1&rvsmid=6EC4E3F5EDE38E17E9B06EC4E3F5EDE38E17E9B0&;fsscr=0&FORM=VDQVAP


Most AIM shares wont make it.

SXX was on Shinders List.

Now it is not...FACT.

[johnwise] 28/4/2017 18:42

11_percent

Get Help Anonymous Chat

[11_percent] 28/4/2017 18:15

kkclimber56
28 Apr '17 - 18:05 - 26701 of 26703    0   0
Amazing how things can change in 24 hrs

====

Please, enlighten us, young man, what has changed.

The plan for the 6 months is sound.