Sirius Minerals Share Discussion Threads

[johnwise] 17/9/2018 09:11

Volume 9.10 am

11,324,596 BUY

6,900,619 SELL

[y1phr1] 17/9/2018 09:09

Datait why don't you shut up and go away, you are obviously not a holder you irritate everyone.

[datait] 17/9/2018 09:03

oh here we go sucked in now for the fall.

[ialwayswinatmonopoly] 17/9/2018 09:02

The news says 30% of the company will be purchased by way of 95m FULLY PAID UP shares in Sirius i.e. no new shares issued. Who owned these shares that have already been issued then. If the deal has been done via the subsidiary York's Potash Ltd then were the shares owned by them?One good positive to come from this is the perception of the shares on the balance sheet. I'm sure the financiers would favour a more diverse balance sheet rather than the financial strength been dependant on the parent company.

[johnwise] 17/9/2018 09:02

The acquisition of the 30% interest in each of the Cibra Group companies was expected to include access to “key markets” for the long-term growth of Sirius, and the ability for Sirius to participate in the strategic direction and marketing strategy of the Cibra Group, the board explained.

It would also provide protection for Sirius' route to market.

[johnwise] 17/9/2018 09:02

The Business Desk.com

Sirius Minerals announces new supply deal in Brazil

[spirito] 17/9/2018 08:58

CF got all the bad news out of the way knowing there was good news lined up. I hope we will soon be back up and over recent highs. I'm not worried about the banks commitment as I think he already has this in the pocket. They will have known all the recent info for a long time.

[datait] 17/9/2018 08:57

Now the slide.

[danny baker] 17/9/2018 08:49

This is quite a clever deal. Sirius need to issue more equity to ensure they can get their Stage 2 financing off the ground. However on the other hand they don't want to be seen to be issuing shares for the sake of it. Therefore the more cunning ways of disguising their equity issuance the better such as enhanced terms for converting bonds, strategic stakes in distributors etc. The balance sheet also gets a boost as the stake in the Brazilian distributor will be valued at what they paid for it (in shares). Lots of pluses for the Company and I'm sure they'll be very keen to do similar deals over the next few months.

[johnwise] 17/9/2018 08:41

The acquisition of the 30% interest in each of the Cibra Group companies was expected to include access to “key markets” for the long-term growth of Sirius, and the ability for Sirius to participate in the strategic direction and marketing strategy of the Cibra Group, the board explained.

It would also provide protection for Sirius' route to market.

[11_percent] 17/9/2018 08:40

OK......we are now in the fertilizer distribution business.

Not sure how this will work out......at least Cibra will have a preferred supplier.

[noramping] 17/9/2018 08:33

Tit, run along now you’ll be late for school.
You know nothing about SXX

[datait] 17/9/2018 08:32

Good luck but I feel it will fall back as it always seems to be the way on any good news.

[datait] 17/9/2018 08:31

I know that lol

[stoaty1] 17/9/2018 08:28

Jeez, DETAIT (all capitals,insecurity complex) and 11% both both putting out nonsense at 8.22. Formation de-ramping!!

[noramping] 17/9/2018 08:24

Data, Sxx aren’t on AIM

[datait] 17/9/2018 08:24

PMO is about to take-off with oil rising, here we have good news but many will sell into the rise falling back into the red.

[skinny] 17/9/2018 08:24

Liberum Capital Buy 28.52 60.00 50.00 Reiterates

[11_percent] 17/9/2018 08:24

DATAIT
17 Sep '18 - 08:22 - 34368 of 34369
0 0 0
No sell on good news this is aim ffs get with it.

=====

Only one thing.....its not AIM.......only looks like it.

[11_percent] 17/9/2018 08:22

So.....last few weeks have been a contrived dump and pump by ALL concerned.

[datait] 17/9/2018 08:22

No sell on good news this is aim ffs get with it.

[noramping] 17/9/2018 08:21

Stoat, he calls it wrong virtually every time, he’s a pest who will move along soon, he hasnt a clue.
More faces than a dice

[stoaty1] 17/9/2018 08:17

DATAIT, last week you would have been telling all how this would be 35p by the end of the week you Muppet. Do you think your nonsense, long or short, is going to make any difference to the sp?

[johnwise] 17/9/2018 08:13

Sirius Minerals Signs Largest Ever Offtake Deal For South America

The Supply Agreement provides for resale of POLY4 on an exclusive basis into Brazil, Bolivia, French Guaiana, Guyana, Paraguay, Surinam, Uruguay and Venezuela, and on a non-exclusive basis into Argentina, Chile, Colombia, Ecuador and Peru.