Sirius Minerals Share Discussion Threads

[hazl] 29/3/2018 09:22

Thanks PPVN for leading us up to this rise and putting some sense into this bb.

[johnwise] 29/3/2018 09:10

Afcons, in a joint venture with Strabag AG, is constructing the world's longest motorable tunnel 3,000 m above sea level. The Rohtang Pass Highway Tunnel

Rohtang Tunnel: Extreme Engineering & Construction

[11_percent] 29/3/2018 09:03

They are trying to keep it under 30......

[johnwise] 29/3/2018 08:51

Afcons, in a joint venture with Strabag AG, is constructing the world's longest motorable tunnel 3,000 m above sea level. The Rohtang Pass Highway Tunnel

Rohtang Tunnel: Extreme Engineering & Construction

[bus_ter] 29/3/2018 08:38

Seems to be responding much better on this update than previous despite there not really being any new info. We'll see over the day if this trend continues.

[johnwise] 29/3/2018 08:37

29/03/2018 7:00am

Chris Fraser, Managing Director and CEO of Sirius, commented:

"STRABAG brings with it world-leading tunnelling experience, a can-do attitude and another significant, well-aligned partner committed to the success of our project. We are now looking forward to adding progress on our mineral transport system to the impressive progress we have already made on early works and mine shafts."

STRABAG SE Corporate Video

[johnwise] 29/3/2018 08:23

29/03/2018 7:00am

Sirius Minerals Plc ("Sirius" or the "Company") provides its latest quarterly progress update. Chris Fraser, Managing Director and CEO of Sirius, commented:

"STRABAG brings with it world-leading tunnelling experience, a can-do attitude and another significant, well-aligned partner committed to the success of our project. We are now looking forward to adding progress on our mineral transport system to the impressive progress we have already made on early works and mine shafts."

STRABAG SE Corporate Video

[stoaty1] 29/3/2018 08:22

To be fair to you 11% with regard to post 31591, you do seem to be 100% right,
IN HINDSIGHT!!!!!

[johnwise] 29/3/2018 08:12

Sirius Minerals plc Quarterly progress update

29/03/2018 7:00am
UK Regulatory (RNS & others)

Quarterly progress update

-- The project remains on track to deliver first polyhalite and commercial production on time and on budget

-- Tunnelling contract signed with STRABAG for drive 1 of the Mineral Transport System from Wilton to Lockwood Beck

-- Shaft sinking contract signed with DMC and the contractor handover process is largely complete

-- Opportunities to accelerate the production of first polyhalite by up to six months are being progressed with DMC

-- Production shaft bore hole intersected a total of 53m of polyhalite and demonstrated consistency with previous holes

More

[johnwise] 29/3/2018 08:12

Sirius Minerals plc Quarterly progress update

29/03/2018 7:00am
UK Regulatory (RNS & others)

Quarterly progress update

-- The project remains on track to deliver first polyhalite and commercial production on time and on budget

-- Tunnelling contract signed with STRABAG for drive 1 of the Mineral Transport System from Wilton to Lockwood Beck

-- Shaft sinking contract signed with DMC and the contractor handover process is largely complete

-- Opportunities to accelerate the production of first polyhalite by up to six months are being progressed with DMC

-- Production shaft bore hole intersected a total of 53m of polyhalite and demonstrated consistency with previous holes

More

[not my real name] 29/3/2018 07:49

Agree Oz but not much to make the price move. Probably go up on opening then drop back to 29 and a bit at close.

All IMHO.

NMRN

[mr.oz] 29/3/2018 07:07

That's a quality update

[11_percent] 28/3/2018 22:32

However......the above aside.......early indications are that the scammers are loading up....at 30......for a rise.

The next RNS about the offtakes (assuming its good) will take this into orbit...........its got to come sometime........


In the means time...........market closed...........we need a tune...........and some void......

[11_percent] 28/3/2018 22:25

Analcime,

Good to see you back.

I told you that it would not go under 22, and that there was a share shuffle happening for a rise to 30, and then 35.

So far, I am correct, as usual.

All this has happened on zero news, and there is no reason for it, other than they scam it up and down periodically to make some cash.

30 is a round number and this is how they think, it gives ~ 35% in a few weeks. That is all.

========

We are entering a period of great opportunity, for the person who gets, or guesses the correct (inside) news on Stage 2 finance.

What we know for certain (a know unknown) is that SXX management must have a very clear picture on the probability of getting the offtake agreements that allow Stg2 finance to go ahead as LOANS.

Were a man/hedge fund come into possession of that the next m information, they wold make a packet.

So, the next move in the share price will depend on wither there are offtake agreements or not.

The move will not take share price to 35 or 25. It is likely to be 40 or 20.

Its all about the offtake agreements now.
(Remember, it is possible to announce, via RNS, that the offtake agreements are in the bag, and then a few months later, that they have been cancelled/fallen through.)

If I were a scammer, I would position myself for this rise, or fall.

------------

Anyway, your question.


"Do you see 30p as resistance... 28p support or further fall to 25p?
Or as a massive boost.. 35p a pretty decent leg up?"


Its at 30, as I predicted, because they think in round numbers, and a 35% rise is a pretty good scam.

We will not see a fall to 25, or a rise to 35....it will be a larger move, dependant on the offtake news.

===================

In the mean time, just to pass the time, there could be a rise to 38.....don't know.........hardly worth bothering about.........given the large rises/falls on the way.


==================

SXX is one of the best shares on the market..........because of its "unexplained volatility"........and this is not going to stop.

Between now, and the end of the year (2018) the Stg2 finance needs to be settled......this means the "news" which will dictate if Stg2 is loans or more CBs/dilution/deals, is know NOW.


In addition......I would of thought we will see some volatility in the share price due to project progress, or lack of it........there are wheels within wheels.....and that is all about news TIMING.

=====================
Looking longer term........the cash to build the mine will happen (one way or the other) and the mine will get built.





AIMO, DYOR.

[mr.oz] 28/3/2018 21:08

Funniest thing I've read for a while. Nice one :-)

[analcime] 28/3/2018 20:44

Guys, to the more astute of you out there.. (John, 11pc FO)!
Do you see 30p as resistance... 28p support or further fall to 25p?
Or as a massive boost.. 35p a pretty decent leg up?

[mr.oz] 28/3/2018 12:57

We just have to wait until the coffin dodger is no more

[11_percent] 28/3/2018 10:32

y1phr1,

A moderator on any bill board can not ban or moderate a "blue" poster.

mr.oz can not ban or moderate Johnwise.

[11_percent] 27/3/2018 22:08

PPVN,

Your post, 581, in summary......the scammers are loading up for the next rise to 38p.

[11_percent] 27/3/2018 22:06

PPVN,

Once all of our CBs are converted (I.e. once all the shares sold that are to be derived from them) our shareprice will rise meaningfully,......

=====

But the share price already had a meaningful rise.....22p to 29.75p = 35%. The guys that loaded up at 22p have made a packet.



-------
"this is simply because more buys than sells equals higher price (PPVN)" ........not today it didn't, "just taking the bid away for a while. Sound tactics"................without being "subject to the irrational behaviour of day traders."

[11_percent] 27/3/2018 21:48

Ok, I give in.....it was:

"shaking the tree"........dayder1

"Shaking the tree is just taking the bid away for a while. Sound tactics.".....eurofox

"Not a scam just simple market dynamics."........PPVN

Can anyone tell me how this works. The "committed buyer of large quantities of this stock (does not want to) be subject to the irrational behaviour of day traders." So I assume he tells the MMs to get this "large quantity" at 29.5p........and they go off and do it for him. Are we saying there was no market in SXX shares today.