Sirius Minerals Share Discussion Threads

[therealapplegarth] 22/8/2019 05:41

MASSIVE SELLS AFTER CLOSE YESTERDAY! The smart money is selling this gutter stock now lol !!!!!!! I think many investors now worried this could go BUST or BANKRUPT ?

[beeezzz] 21/8/2019 22:10

Are you sure - what's keeping the share price down.... Don't panic!

[amaretto1] 21/8/2019 21:24

Big sells after close

[the_boy_plunger] 21/8/2019 20:51

Share Price Information for Sirius Minerals (SXX)
London Stock Exchange

Share Price: 9.30 Bid: 9.33 Ask: 9.39
Change: 0.115 (1.25%)
Spread: 0.06 (0.65%) Open: 9.30 High: 9.565 Low: 9.17 Yest. Close: 9.185

Tempus strategy is a dud one?!
hoping is not the way to go>>>>>>>>

[rumobejo] 21/8/2019 19:39

maybe they diverting the HS2 funding towards the Northenpower project!!!

[1234gold] 21/8/2019 19:23

I reckon the government has found out the Sirius management team put the HS2 cost estimate together...

[pazzuzu] 21/8/2019 16:56

Plus if pi's do get shafted, since the gov pulled support for the project goodwill and a couple of other MPs can kiss goodbye to their tory seats given there is a huge local pi base in the area.

[phillis] 21/8/2019 16:13

Passed by Sirius HQ on the train on Monday
Still standing

[rumobejo] 21/8/2019 16:08

well, it wasn't the government job to bail the banks too, but they did for the sake of similar stupid (not) shareholders, pensioners and savers.

[blueball] 21/8/2019 14:31

Whats happening..?

[1234gold] 21/8/2019 14:18

it's not the governments job to bail out stupid retail investors. Anyone who put large chunks of their pension into SXX clearly didn't understand the risks associated with a mining project, especially one being run by an ex-investment banker.

What's definition of a mine ? The quote often ascribed to Mark Twain, 'a mine is a hole in the ground and its owner is a liar'.

[rumobejo] 21/8/2019 13:53

All or Nothing...https://www.fool.co.uk/investing/2019/08/20/the-sirius-minerals-share-price-looks-like-an-all-or-nothing-bet-now/Sirius is developing the world's largest and highest grade deposit of multi-nutrient fertiliser polyhalite, for which it has been striking supply deals all over the world. aka, this is not British steel!!!

[excellance] 21/8/2019 13:51

i tend to agree. at 9p the odds are in the favour of shareholders, assuming no further fleecing of course.

as i said last week, 9p is a good price.

[rumobejo] 21/8/2019 13:46

and finally, as your reference to Eurotunnel, but simply Citi won't pour that sort of money in bonds or equity for a bust project, it will eventually comes good for few...

[rumobejo] 21/8/2019 13:44

British steel is different in a way that China, Turkey and far east are much more competitive when it comes to that industry, but SXX potash project is completely different which much more demand and less supply, which make it a compelling case for gov to invest in this project, let aside the political gain in such times as Brexit is happening.also, there are a lot of pension funds and normal people up there in the north who are fully invested in that project, money and work commitment which isn't the case with British steel!!!

[rumobejo] 21/8/2019 13:39

don't you agree that SXX now is where SOLG were at around 20p after the placing they dine at 28p well before BHP bought in at 45p.see, the thing is you would have never promoted SOLG at 20p and you would been bearish about it at that time, yet you happy to mention broker note of 107p.similarly you repeating the same here with SXX at 9-9.5p well below placing of 15p in June, but rest assured you will be happily promoting it again at 30p once another entity (like BHP) buys the bonds or maybe gov.Dejavu....

[excellance] 21/8/2019 13:28

SOLG?

omg...

broker note at 107p is a clear sell signal, they are trying to offload onto retail investors.

once financing is sorted out and production increases to manage debt payments we will see the true worth of this.

[blueball] 21/8/2019 13:12

100% sell.

[rougepierre] 21/8/2019 10:56

You could always switch into SOLG...broker note at 107p...BHP bought at 45p...

GLA

[rougepierre] 21/8/2019 10:42

rumebejo...I understand your rational suggestion that the Govt should bailout SXX, but...

The bank bailouts were because they were at the core of the British financial system and held billions of private individuals savings...

They didn't bail out British steel which was once a staple industry...

And if they bailed out SXX there would be a queue a mile long for handouts and probably a suit by ICL...

Finally, what message would it send to the markets about SXX...positive or negative...if there was the slightest hint?

Meanwhile...Citi's holding is very largely debt where they rank ahead of shareholders.

And for those suggesting an equity issue might be necessary, not only would this be way below the current SP, but all history shows that the share price would then fall further below the issue price...

And a convertible Bond issue? Ranks another $400m of debt holders above PIs and a similar share price action would be likely...

Sadly, as has been seen so many times before, I think the debt holders will end up owning this, as pretty much happened with Eurotunnel...

hxxps://corporatewatch.org/eurotunnel-death-at-the-fences-profits-for-goldman-sachs-2/

Shares were originally issued at £3.50 but it was 23 years and several restructurings before a dividend of 4 cents was paid...

Genuine best wishes to all...

[kreature] 21/8/2019 10:24

Is there enough money left for a comb ? Are you guys expecting a placing or what ? Should I be buying at this point, or waiting to see what happens re funding ?

[therealapplegarth] 21/8/2019 09:57

Same to you ! Your another vile and nasty piece of work ! You belong in the gutter like your investment LOLOLOLOLOLOL