Sirius Minerals Share Discussion Threads

[johnwise] 08/1/2020 07:56

The big giveaway

Sirius Minerals in advanced talks over sale to Anglo American

A takeover offer pitched at £386mln, or 5.5p per share, could potentially be recommended by Sirius Minerals management

[amaretto1] 08/1/2020 07:56

It could go a lot higher than 5.5 !!

[molatovkid] 08/1/2020 07:56

I get the impression SXX were not supposed to RNS this discussion until a formal offer was made. Hence the Anglo response.

[johnwise] 08/1/2020 07:56

The big giveaway

Sirius Minerals in advanced talks over sale to Anglo American

A takeover offer pitched at £386mln, or 5.5p per share, could potentially be recommended by Sirius Minerals management

[carla1] 08/1/2020 07:55

Goose are you burning... you had 0p..Your 15p placement shares... do you and ozz need a referal

[kreature] 08/1/2020 07:54

What’s the point in RNSing advanced discussions if not to ramparoonie? Why not wait for a firm offer before RNSing ?

[11_percent] 08/1/2020 07:53

JPM are acting for SXX....no surprise....given there past / continuing involvement....and FEES.


Are JPM acting for Anglo...…


Wonder how long this deal has been on the table......in which case no wonder JPM could not get the bonds away...

[11_percent] 08/1/2020 07:50

Coldspring
8 Jan '20 - 07:44 - 46400 of 46401
0 0 0
I cannot fathom this either. I have noted that they reserve the right to offer less though...…

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Take over rules apply......an other bidder might come in.....they might find out more info in the due diligence...

[kreature] 08/1/2020 07:48

just looks to me like a mates agreement to play the share price I’m sure it’s not though.

[11_percent] 08/1/2020 07:47

Ok.....5.5p...…;.lets see what it will open at, then settle at.

Given its not a firm offer.....will not go over 5,5p......but what will it be....

[coldspring] 08/1/2020 07:44

I cannot fathom this either. I have noted that they reserve the right to offer less though......

[kreature] 08/1/2020 07:39

Not sure why anyone would pay 34% premium when there’s billions still to pay just to fix the underground path to the mine? Should help the share price a bit this morning though?

[11_percent] 08/1/2020 07:37

- 46.5% to the volume-weighted average price of 3.75 pence per Sirius share since the 17 September 2019 Strategic Review Announcement up to 7 January 2020;

- 53.4% to the one month volume-weighted average price of 3.59 pence per Sirius share up to 7 January 2020; and

- 61.7% to the three month volume-weighted average price of 3.40 pence per Sirius share up to 7 January 2020

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"volume-weighted average"....these words again......you would almost think the hedge fund/scammmers wrote the RNS.

[nigelpm] 08/1/2020 07:34

Wow. Holders have got out of jail here if the deal goes through. I'm astonished.

[11_percent] 08/1/2020 07:33

Take over rules apply.....

[carla1] 08/1/2020 07:31

Goose hang in there 16p coming

[svenice7] 08/1/2020 07:30

I feel the pain for you all. Last 5 years it appears they spent most investors money on marketing and champagne.Management team should be locked up.

[big yankee dealer] 08/1/2020 07:27

Professor Pettigrew (SXX) 29 Nov 2016 - 20:27:47
I hold 5m.

Professor Pettigrew (SXX) 07 Aug 2019 - 08:14:21
Have your five minutes in the sun my friends, there is a lot going on behind the scenes here, the funding will be done, the mine will be built, and the stock will be 50p by the end of 2020.

[mr.oz] 08/1/2020 07:22

Goose. Thanks for taking the reigns here
Adios amigo

[kreature] 08/1/2020 07:21

‘Advanced discussions’ about ‘possible offer’ . But No offer yet. See Anglo RNS

[11_percent] 08/1/2020 07:17

kreature,

The offer is there.....it is just that they need to start the ball rolling now.....BEFORE it goes bust.

[kreature] 08/1/2020 07:15

Anglo RNS: ‘ There can be no certainty that any offer will be made. ‘