Sirius Minerals Share Discussion Threads

[spirito] 13/12/2019 11:26

We can get government guarantees now?

[kreature] 13/12/2019 06:46

Free money on spreadex this morning? Ftse up, pound up, gold down, all rather predictable ? Any chance of some Christmas share price cheer here?

[kreature] 12/12/2019 23:21

So is there any progress at all on service shaft, production shaft, and MTS shaft at Woodsmith ? Or are they all waiting for finance ?

O/t Dp1 any thoughts on SLN? I did say sub 5 before Christmas. Was 480 today. Temporary rebound thanks to shorts closing in limited free float. IMO. Are you still holding through the fall?

[book5] 12/12/2019 13:04

if I would be a shorter coming from high levels I would be buying back, unless of course I have a direct contact within the negotiations and I know nothing good is happening......
I have the feeling the tea leaves are pointing for a recovery before end of year
GLA

[11_percent] 12/12/2019 10:03

Ok.....we need a plan...so this is it.

As muckshifter says.....any interest from one of the big mining corporations is likely to come before SXX goes bust...that is before it goes into receivership.

That got to be before they run out of cash.....so within the next 2 months max.

However, buying now, in anticipation of an approach is to big a RISK as the approach might not happen. A drop in the shorts and an increase in the share price and the trading patern means the scammmers have the inside info....so keep watching.

The plan is......wait for the expression of interest RNS.....and then buy.

[11_percent] 12/12/2019 09:57

NMRM,

Its "their" bots/algos which drive the share price ..…….the "AT" trades....

[wheeze] 12/12/2019 06:33

As there is extremely low volume (around £200k so far today) it doesn't take much to move it and it doesn't move very far.At this daily volume how long would it take to buy back the 440 million shares sold short ?Answers on a postcard please.

[not my real name] 11/12/2019 15:53

book5
10 Dec '19 - 16:31 - 46233 of 46237
0 0 0
they drop the price at the beginning of the session to may people sell, and they raise it at the end of session
I like it.
-------------------------------------------------------------------------------

I don't know who the mysterious "they" are but Sirius is a SETS share so the price is set by the buyers and sellers and not any Market Makers.

I know this will upset the conspiracy theorists but let me just put it out there anyway,

Could it be that some people are selling in the morning then, because the price has dropped, some other people decide that it is worth a punt at the lower price and buy some. This in turn will push the price up a little bit.

As there is extremely low volume (around £200k so far today) it doesn't take much to move it and it doesn't move very far.

NMRN

[11_percent] 11/12/2019 13:02

book5
10 Dec '19 - 16:31 - 46233 of 46237
0 0 0
they drop the price at the beginning of the session to may people sell, and they raise it at the end of session
I like it.

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

Yes......its a pattern that has been around for a while.

[lenses] 11/12/2019 11:43

Real world.

[johnwise] 11/12/2019 08:22

President Trump holds rally in Pennsylvania

VIDEO


.

[clotted cream] 10/12/2019 22:22

David

I have enjoyed your posts, not many who want or can deal with the fundamentals of the product.

Many independant reports evaluated the product at the planning stage, Ferticon as sector analysts rather than fertiliser industry members were more positive than most. Not many still easily found on web now

Like you say, this will play out on news, not expecting it soon though myself.

The posts by people with positions are just noise, these boards are entertaining but rarely insightful other than judging sentiment and manipulation of mugs for traders

[holidayfunds8] 10/12/2019 20:21

clotted - many, many thanks for the link to that polyhalite doc - just perfect.

I still maintain that we are now in a simple battle between (mostly) the extremes here, as some of the posts above reveal. I've hardly posted much on this board, but when I do post anything, it does seem to trigger some real panic in those here who hold an extreme, negative view here.

I don't think they need to panic so obviously - after all, it may yet turn out that they hold the 'correct' view here. And it is OK to hold a range of views - in fact, people like me really do want to see any REASONED point of view.

But my own view is that this one-trick pony will indeed fly, in that there is likely to be a decent market for Poly4 (both volume & price) and, although the mine is a deep one, I am sure the engineering challenges can be successfully dealt with.

It all really comes down to what your view is of the $ investment versus $ cash flows coming back in. And the overall case looks robust to me (although I would stress I am not pinning my hopes on the NPV levels broadcast by CF&team).

The keep them happy, I'll aim not to post on SXX again - not least because some kind of news flow - either negative, neutral or positive - is pretty much a certainly in the near future, so this battle should be resolved pdq.

David

[book5] 10/12/2019 16:31

they drop the price at the beginning of the session to may people sell, and they raise it at the end of session
I like it

[hopoethebest05] 10/12/2019 12:20

Lol you pair of right saddos,trying your best to make people feel down. Must try harder losers

[beeezzz] 09/12/2019 22:07

I wonder where the companies Christmas party is being held, it could be a short NY for many of them...and shareholders...Very sad..

[graham2405] 09/12/2019 20:32

"The company will either be in administration or dilution will make the current investors shares worth next to nothing after dilution!"

10-4 to that......

looking forward to filling boots after the current fanboys get liquidated.

[11_percent] 09/12/2019 18:53

@muckshifter,

I still believe for various reasons that whoever “bites” would take the step of provisionally announcing a deal before, and thereby to avoid, receivership, ie. in the next two months to the end of January, imo. But I don’t think that signals a bonanza in share price terms for holders in the short term.

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

Back to business...….so, you think it would be better for any of the big mining companies that "bite" would be best to do it before it goes bust/into receivership.

Why is that.

Cheers.

[muckshifter] 09/12/2019 16:47

Thought it was, thank you 11%. Many things that happened while I was in Indonesia just seemed so incredible by our standards that it would make me laugh - for example, Suharto got to appoint half the members of their "democratic" parliament, and after they had served their time they got a gold medal for service to er... the country. While I was there a big bunch of them completed their period of service and the Speaker of the parliament presented them with their big gold medals. One of them rushed to a jeweller to have it valued and the jeweller explained that it was just gold plating on a cheap metal base.

There was uproar in parliament with the speaker saying that he had spent the $250,000 and must have been tricked, and all the recipients demanding proper gold medals.

[11_percent] 09/12/2019 16:07

(I hope that I'm right in remembering that this was something to do with coal in East Kalimantan, where I saw lots of coal).

======

Yes...that's the one.

[muckshifter] 09/12/2019 15:37

If you invest in anything in Indonesia amaretto1, you do so at your peril. In one year working in Indonesia, I was offered two bribes each of $1million plus for contracts on different elements of my work. They were offered in a totally matter of fact way, with detailed explanations of how the money would be paid etc. Corruption was, and probably still is, so widespread, that the Government of Indonesia passed a law, iirc, which meant that they could not be held responsible for the dishonest actions of civil servants other than actual government ministers. (I hope that I'm right in remembering that this was something to do with coal in East Kalimantan, where I saw lots of coal).

[11_percent] 09/12/2019 15:32

No.....they never owned it in the first place.....Paul Mazak and the guy from Indonesia who did own the KPs (coal certificates)ran a scam (a real one).