Sirius Minerals Share Discussion Threads

[amaretto1] 21/2/2020 14:30

It's simple .... Come in from the beach... :-))

[graham2405] 21/2/2020 13:02

Three endings.....

1. To Anglo
2. To Anglo via Prepack
3. Liquidation

[kreature] 20/2/2020 22:28

How many more days cash is left ?

[vwcaddy] 20/2/2020 17:18

I think Fraser is some sort of financial Terminator, sent from the future to wipeout PIs.
How else do you explain what’s gone on?

[cordwainer] 20/2/2020 16:01

maybe he sees an easy 6% gain from today til takeover day.

[dayder1] 20/2/2020 15:08

Times to day ; Crispin Odey recently taken a 1.29% stake in Sirius! Interesting! This bid ain't over yet

[wheeze] 20/2/2020 14:49

Fraser is a busted flush. Nobody trusts or believes anything he says.

[cordwainer] 20/2/2020 13:51

i dont get why no-one is mopping up all the shares @ 5.13 when they'll be handed 5.5 on corporate action ?

[dp1umb] 20/2/2020 10:25

Kreature how’s your SLN short going?

[vwcaddy] 20/2/2020 07:21

Some more from Fraser.

Sirius has already been pre-approved for IPA backing. 'The IPA is the last piece of the jigsaw puzzle,' says Fraser.

[vwcaddy] 20/2/2020 07:07

This is one of the reasons the share price hit 40p.

Chris Fraser, managing director and chief executive of Sirius Minerals, said:

“Today we are pleased to announce that, as a result of that work, we are launching a comprehensive markets-led solution for our funding requirements which will enable Sirius Minerals to complete the development of its mine and unlock what we believe to be the world’s largest known high-grade polyhalite deposit.

“The funding package will bring together equity, convertible bonds, high yield debt, and a $2.5bn revolving credit facility in a multi-stage, flexible structure that balances the availability of capital with the needs of the project.

“Today’s announcement provides a clear pathway to a fully financed project in the months ahead, while enabling us to progress construction at full speed.”

[kreature] 20/2/2020 00:18

How did the share price get up to 40p if it wasn’t by misleading information? Were the investors paying 40p led correctly ?

[pazzuzu] 19/2/2020 22:24

I don't know how he has the front to say some of the things he says. Clearly a psychopath, like genuinely he will probably score highly on that spectrum.

[beeezzz] 19/2/2020 21:04

Shareholders have funded $1bn of construction, I feel this would be a more accurate valuation as Odey has said, which was an independent audit of company.

7-10p would be fair valuation well below what a lot have paid.

I voted NO to this offer today, if it fails, share price should suspended until funds can be found plus sack CF..

[davethehorse] 19/2/2020 19:25

Delist this pile of pants

[wheeze] 19/2/2020 16:57

Two Massive after hours buys. Hardly private investors who know nothing. Summats afoot.

[wheeze] 19/2/2020 14:07

25 million buy just gone through. Not likely to be people who have not thought this through....

[graham2405] 19/2/2020 13:10

"The fact that people are buying at these levels indicates that either they haven't done the research or therenisnanbetter outcomenthat than the offer sur le table"

Well a NO vote is apparently going to ensure that SXX choose a better deal.....

According to some the 'highly likely administration' is just a bluff, and if administration was going to happen they would not say 'highly likely', apparently?

Go Figure.........

[graham2405] 19/2/2020 13:06

hxxp://www.fundsirius.com/