Sirius Minerals Share Discussion Threads

[11_percent] 25/4/2019 11:51

It is interesting that they are talking about an other joint venture, which will be the second one.

"joint venture vehicle for the management of sales and marketing of POLY4 into Europe, as well as the movement of product."


Movement, marketing and sales....the whole works...


Subject to the parties' internal approval processes, the Agreement provides for the establishment of a joint venture vehicle for the management of sales and marketing of POLY4 into Europe, as well as the movement of product. Subject to the establishment of the joint venture vehicle, the rights and obligations of BAST under the Agreement will be novated to the joint venture vehicle, while BAST would continue to guarantee the obligations of the joint venture vehicle under the Agreement.

[kreature] 25/4/2019 11:44

This must be on the verge of a huge placing surely ? It must just be the biggest ever money pit just to keep everyone on site ?

[carla1] 25/4/2019 11:20

Ozz are you ok today... stay strong ..Mental health I hear is awkward

[jw30] 25/4/2019 11:13

Indeed, mr oz. That’s why this is such a good share for trading. It gives those in the know to make lots of dosh from those wishful thinking forever hopeful ones. Hence the hierarchy in the food chain.

[mr.oz] 25/4/2019 11:06

two camps here...those who can see and those who'd rather not?

[jw30] 25/4/2019 11:03

So, this is the ‘good news’ before the shtf.....lol.

[11_percent] 25/4/2019 10:54

Liberum are on the payrole…..

[dp1umb] 25/4/2019 10:53

Clotted cream unfortunate timing this morning just before the very positive RNS!
This news should underpin the share price ,and help finalise the stage two funding.
But unfortunately to some on here I still see significant dilution which will keep the share price in the 20 /32p range for the next 12 months.

[skinny] 25/4/2019 10:52

Liberum Capital Buy 21.90 50.00 Reiterates

[11_percent] 25/4/2019 10:51

Ok...the price.

All slightly opaque....this time we don't have an "Alternative" but UNIQUE pricing agreement...….although short on detail.


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



Pricing under the Agreement is unique in that it aims to incentivise both parties to optimise product value appreciation as well as logistics excellence.

The pricing mechanism in the Agreement is linked to the downstream pricing received by BAST on the sale of POLY4 in Europe. The price received by Sirius under the Agreement is determined by the price received by BAST with reference to benchmark pricing and the nature of the final BAST customer. BAST is incentivised to sell the product further down the value chain (i.e. closer to the farmgate) and to optimise the best FOB netback price for Sirius.

[kreature] 25/4/2019 10:42

Nice 1m £217k trade earlier. Is that forward selling towards a placing ? Or am I just being cynical again

[11_percent] 25/4/2019 10:36

That just leaves a ToP with India.

[kreature] 25/4/2019 10:29

So minimum jam tomorrow hidden with an 'UP TO', and only 'subject to' anyway ? Would SXX be better suited to AIM? Brilliant PR, with excellent videos. IMO

'up to 2.5 Mtpa'

'Subject to the parties' internal approval processes...'

[fruitfly2] 25/4/2019 10:28

Try it with jam tomorrow.

[pvpower] 25/4/2019 10:23

Clotted cream - famously thick, a little goes a long way, turns rancid ..........

[clotted cream] 25/4/2019 10:14

The income streams are not predictable with any certainty as deals are with distribution agents and not manufacturers of fertiliser.

Nothing has changed then!
Niche product for application as a straight, the main European market is for compounds

[bobaxe1] 25/4/2019 09:45

30p coming

[johnwise] 25/4/2019 09:33

Sirius Minerals inks Europe distribution deal with BayWa conglomerate

It said BayWa, a publicly-listed entity based in Munich, had revenues of €16bn in 2018.

The group distributed more than 30 million tonnes per annum (Mtpa) of agricultural goods across Europe, including sales of approximately 2.0Mtpa of fertilisers.

Across Europe, the group had a “strong” footprint and agricultural platform with strategically-located assets such as warehouses, hubs and ports.

BayWa was also active in developing and managing digital farming platforms to strengthen its 'one-stop-shop' strategy for farmers.

“The European fertiliser market is highly advanced and the second largest in the world behind China,” said Sirius Minerals managing director and chief executive officer Chris Fraser.

[johnwise] 25/4/2019 09:32

Sirius Minerals inks Europe distribution deal with BayWa conglomerate

It said BayWa, a publicly-listed entity based in Munich, had revenues of €16bn in 2018.

The group distributed more than 30 million tonnes per annum (Mtpa) of agricultural goods across Europe, including sales of approximately 2.0Mtpa of fertilisers.

Across Europe, the group had a “strong” footprint and agricultural platform with strategically-located assets such as warehouses, hubs and ports.
BayWa was also active in developing and managing digital farming platforms to strengthen its 'one-stop-shop' strategy for farmers.

“The European fertiliser market is highly advanced and the second largest in the world behind China,” said Sirius Minerals managing director and chief executive officer Chris Fraser.

[pazzuzu] 25/4/2019 09:03

Prm I agree with you. Ha fancy that

[cottlet] 25/4/2019 09:02

There are two very big hitters invested in this company and both are ladies. That's good enough for me...……….
I haven't heard that they have sold...……;.

[kkclimber56] 25/4/2019 08:53

Reading the tone of the comments i wonder what it is about Sirius that attracts so many children to post.

[emeraldzebra] 25/4/2019 08:52

.....with only a.....