Sirius Minerals Share Discussion Threads

[kreature] 09/1/2020 10:26

Difficult to know what to do isn’t it. It’s like we’re all suddenly in a professional chess game, with all the skill of Connect4 experts.

[kreature] 09/1/2020 10:18

Obviously imo no-one would pay 5.5p plus 225m plus 3bn to finish the underground path. The question is, is it best to wait for possible counter-talks before opening a short?

[haremi] 09/1/2020 10:18

I'm about 1k down right now and so would like to be pointed in the right direction with 40k shares, should I sell.

[haremi] 09/1/2020 10:12

What do the the experts recommend to do these shares now then?

[kenmitch] 09/1/2020 09:55

Thanks Skinny. I’ve just seen that someone voted it down. Wonder if it was johnwise. Not the best choice of name!

There will be plenty of others who would vote down my post if they could because some find it difficult or impossible to face reality.

[skinny] 09/1/2020 09:36

kenmitch - excellent post.

[jsegura60] 09/1/2020 09:24

So is it best to sell at loss or what will happen if they buy Sxx, ?I'm novice , I bought 1000£ worth at 0.12 p year ago

[therealapplegarth] 09/1/2020 08:05

Timberrrrrrrrrrrrrrrrrrrrr

[ekuuleus] 09/1/2020 07:30

cant see it - the bonds will cost more than the shares.

[ekuuleus] 08/1/2020 23:13

buying the company would require respecting the bonds.

I've had a look at the sirius web site, particularly the investor/shareholder section and it doesn't seem to list bonds. Very unprofessional.

A market search, I only turned up 3 bonds for a total of about $650M. This adds about £500M in effect to the possible offer.

[therealapplegarth] 08/1/2020 22:05

Cant stop laughing the pubs in stitches. Cheers mugs

[kreature] 08/1/2020 21:56

5th Feb deadline then. What are the chances ? Perhaps we'll see a counter-discussion this month?

RNS:
'THIS.....DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER.........THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE.'

[beeezzz] 08/1/2020 21:17

Ken - CF was a mining financial guy, he for one should have experience in financing mining projects.

He made the mistake of not raising enough money to sink all shafts, leave less risky construction enabling raising funds easier as less risk for lenders...

I still think the mine is worth over a £1bn....I expect other major miners or institutions will come in with bids, a finished mine is a license to print money...

[ihavenoclue] 08/1/2020 20:11

Amaretto... Happens almost daily on AIM :)

[tidy 2] 08/1/2020 18:29

Prize whopper

[pazzuzu] 08/1/2020 18:19

Shore capital surely hild some blame..... "Why siirus could double in a month" how mamu times have theu trotted out a variant of that chestnut not long before dilutions.