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Sirius Minerals Share Chat (SXX)



Share Price: 18.50Bid: 18.50Ask: 18.75Change: 0.50 (+2.78%)Riser - Sirius Minerals
Spread: 0.25Spread as %: 1.35%Open: 18.00High: 19.00Low: 17.25Yesterday’s Close: 18.00


Share Discussion for Sirius Minerals


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jonesrichard
Posts: 887
Observation
Opinion:No Opinion
Price:18.50
Back into
Today 19:09
the 20,s next week quite possibly, great to see us finish up on the day, didn't foresee that happening tbh. gla
 
HopefulDave
Posts: 52
Off Topic
Opinion:No Opinion
Price:18.50
RE: Liberum
Today 18:51
I think the press will be all over it and politicians as well. It will be a fantastic bit of PR with jobs created, the exports expected, and tax revenues etc.

It will be as much of a PR cash cow as it will be a dividend generating one!
Scotman
Posts: 8,589
Off Topic
Opinion:No Opinion
Price:18.50
Clued up or clueless:-
Today 17:54
Hindsight author? Surprised I hadn't read this previously.
Was the project cost really a factor? I know myself and GK didn't think so. Mix up between NPV and SP? I don't think so. Is it the project timeframe?
I still think the sell off on DFS was down to the "number of months" for finance. I had not expected that.
Is he right on PIs getting a lick of the spoils?
Time will tell.

http://masterinvestor.co.uk/commodities/sirius-minerals-private-investors-take-care/
kspine
Posts: 96
Off Topic
Opinion:No Opinion
Price:18.50
Volume!
Today 17:38
18m shares traded today.
Something must be brewing!
Clamp
Posts: 3,302
Off Topic
Opinion:No Opinion
Price:18.50
RE: Liberum
Today 16:53
I think you'll find that. once this project gets the green light, the publicity will be extraordinary and people will want a piece of the action as soon as the profits for the next 100 years is mentioned in a primetime interview.
Superleggera
Posts: 396
Off Topic
Opinion:No Opinion
Price:18.50
RE: Alternative financing idea
Today 16:39
Cranleigh
Re: IRR, It gives me confidence in this project when members here have such in depth knowledge of funding capital projects, and are as you say enamoured of and invested in SXX.

Cheeeeeeerrrrrrzzzz
Cranleigh
Posts: 32
Off Topic
Opinion:No Opinion
Price:18.50
RE: Alternative financing idea
Today 16:25
Hi Superleggera,
Welcome back from Glasgow - hope you voted?
For a unique project like this (and believe me, I am WELL enamoured of and invested in SXX!) my old employer would have had a look, required a post-tax IRR of 25% in the UK, and even if it convincingly jumped that hurdle probably decided not to go ahead because the cash flows would not be in their management control. I'm not saying all companies would take a similar approach, but we had more good investment projects than money and could be/had to be choosy!
potash.com
Posts: 3
Off Topic
Opinion:No Opinion
Price:18.25
TMT #TheMoneyTeam
Today 15:57
what will the roughly be at when finance is agreed?
Superleggera
Posts: 396
Off Topic
Opinion:No Opinion
Price:18.25
RE: Alternative financing idea
Today 15:54
Afternoon all
Aye Scotty
I'm just back from Glasgow on them there knackered tyres (I like my money's worth). Two Sportec's ready and waiting to go on though.
Re: funding, I think that a substantial part of the funding will be brought by a partner who will indeed bring something extra to the game and will have more than one way of earning from this project.

Crainleigh
We're agreed, an off taker deal along with the off taker providing debt.
Re: your previous co "avoiding investing in partners", fair enough, but had they seen a project with prospective gains of this magnitude, and uniqueness then they may have thought differently. Would your previous company not have looked at getting involved in the financing of a project Like this?

Canetois
Don't mean to cause you any angst with my funding suggestions lol, but I find the funding aspect of this project interesting, especially which element will be the initial catalyst. It's a good guessing game, and no doubt our BoD will be wetting themselves whilst laughing at some of our suggestions (don't tell me that they don't occasionally look in here) apart from my ones that is lol.

Must dash

Cheeeeeerrrrrrzzzzzz
Morningsun
Posts: 132
Off Topic
Opinion:No Opinion
Price:18.50
SP swings
Today 15:21
will make you dizzy if you look at it for too long today ;-))




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