Sirius Minerals Share Discussion Threads

[bunti1] 17/2/2020 09:46

Looking at today’s share price fall maybe the leaky sxx bucket knows that a late haircut is on the way?

[bunti1] 17/2/2020 09:43

They won’t have to listen and they won’t listen - the Board will now want Anglo as it is security for the whole project and no doubt they will be handsomely rewarded over time. The only losers are the shareholders many of whom are small and ill informed who ploughed money into SXX on a wing and a prayer, presumably hoping for big returns - a classic example of greed “caveat emptor”

[heaven] 17/2/2020 09:36

Is it buy now and wait for 10% gain when deal goes through.

[dice1950] 17/2/2020 05:59

Probe into Sirius share push that lured 85,000 investors

[1steelman] 17/2/2020 05:56

EXCLUSIVE: #SXX #AAL MP urges investors to back Sirius Minerals' takeover

[grannyboy] 16/2/2020 08:22

Stop clutching at staws, the present deal WILL go through, there would have been plenty of pi's who made money trading these shares over the company's existence, just like other companies that are listed, people pays their money and takes their chances...

And the moral being .. Never fall in love with a share.

[maxdoom] 16/2/2020 07:39

Your chance to help...

If it can be demonstrated to Sirius Minerals that the $600m could be raised they will have to listen.
We are talking to the institutional share holders but need to understand the private investor interest in raising the $600m.

There is a dedicated web site and brief survey here: hxxp://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more interest there is the more chance of a positive outcome.

[maxdoom] 16/2/2020 07:39

Your chance to help...

If it can be demonstrated to Sirius Minerals that the $600m could be raised they will have to listen.
We are talking to the institutional share holders but need to understand the private investor interest in raising the $600m.

There is a dedicated web site and brief survey here: hxxp://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more interest there is the more chance of a positive outcome.

[maxdoom] 16/2/2020 07:38

Your chance to help...

If it can be demonstrated to Sirius Minerals that the $600m could be raised they will have to listen.
We are talking to the institutional share holders but need to understand the private investor interest in raising the $600m.

There is a dedicated web site and brief survey here: hxxp://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more interest there is the more chance of a positive outcome.

[maxdoom] 16/2/2020 07:38

Your chance to help...

If it can be demonstrated to Sirius Minerals that the $600m could be raised they will have to listen.
We are talking to the institutional share holders but need to understand the private investor interest in raising the $600m.

There is a dedicated web site and brief survey here: hxxp://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more interest there is the more chance of a positive outcome.

[maxdoom] 16/2/2020 07:37

Your chance to help...

If it can be demonstrated to Sirius Minerals that the $600m could be raised they will have to listen.
We are talking to the institutional share holders but need to understand the private investor interest in raising the $600m.

There is a dedicated web site and brief survey here: hxxp://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more interest there is the more chance of a positive outcome.

[pazzuzu] 15/2/2020 12:40

Anyone wanting to vote yes can just sell now and be done. And let this who want to cause problems for the bod go right ahead and vote no. Why anyone is voting yes just to get the exact same of what they can get on the open market are complicit with thoe bod and approve of all their miss representations and lies. Just sell now and go, let the vengeful have their moment. It makes zero sense to hold on, vote yes for the 5.5 offer to go through when you can crystallise that loss now.

[kenmitch] 15/2/2020 12:33

If enough small investors vote no, then the whole project could be dead with huge costs in lost jobs and lost opportunities in a region that so needs this project to succeed.

There’s also a chance that by voting no investors will get nothing instead of 5.5p and Anglo American then getting Sirius at less cost to them.

Investors who believed the hype were so misguided. The shares were very high risk until funding successful. They will be equally misguided if they vote no now and end up with nothing at all.

That unfortunately is their blunt choice.

[skinny] 15/2/2020 10:07

The link : .

[waldron] 15/2/2020 09:12

The Times: Small investors are still planning to block Anglo American’s £405 million takeover of Sirius Minerals

[clotted cream] 14/2/2020 22:57

We seem to have many shareholders who feel that the company has been less than truthful about the ability of the company to raise finance.

And yet they believe the company financial projections of poly4 sale price/volumes/ NPV and it is required by the worlds fertiliser industry.

It's always been pie in the sky. The original plan to process polyhalite into sulphate of potash would have worked if it did not add so much extra to the capital requirements.

I doubt whether AAL will end up following the current plan for this mine

[kirtonender9] 14/2/2020 15:37

It has nothing to do with the Govt.You and your fellow workers should have got independent advice.Nothing is guaranteed in investing in shares and more so in building a mine.

[mattab] 14/2/2020 12:57

Not just 5.5 pence cash to ORDS - are also taking on the liabilities and royalty commitments probably paying upwards of 9 pence plus in effect. A lifeline and despite LTH massive paper losses for many. it is indeed something back.

Perhaps AAL are better buying out of pre-pack Admin for their shareholders.

Never held - but followed this massively overvalued in the past IMO

[kreature] 14/2/2020 12:04

Is it really a good idea to pay 5.5 a share for a company that will probably be imminently out of cash ?

[the millipede] 14/2/2020 09:20

beeezz, If I am honest my gut says there are still substantial doubts about the size of the market for polyhalite, when you set it against the size this mine needs to be if it is to run commercially. I am not alone in believing this and have correspondence with relevant respected experts in agronomy/potash which has largely confirmed my concerns.

I think these doubts are a large part of the financing problems and I think it is possible that Ian Ashby is discounting this substantial risk (which he must be really, given the price he was willing to pay for his SXX shares) and that his judgement is therefore clouded. I think these doubts form a large part of "what we don't know."

I stand by my view that AA are overpaying for an "asset" that is virtually worthless, once a sensible risk premium is applied. Shareholders sometimes get lucky this way..... I can think of several companies that would have gone bust but for the naivete of an overenthusiastic buyer, from Quindell to Iberia, not to mention a few banks, and I think shareholders should grab this offer with both hands, before the whole thing goes up in smoke.... ATB TM