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Thanks Bellers In the circuit at the moment with first solo flight looming. It's thanks to Sirius that I'm doing it. Last year rather than topping up yet again I decided to spend money on flying instead with the plan that when the mine is up and running that shall give me all the income I'll need. It's great to be reaping the benefits (hopefully) of my investment here even before we've hit the Polyhalite. Best wishes.
Keep at it. Retired from it now. Investing in place of flying. Not as exciting and the way I seem to invest,not as profitable either.
Bellers 1013 gotcha. All the best
1013. There, thats easier than all the guessing that’s going on here!
All I've got to do now is work out GK's last post.
. .
Jeez, how easy is that? Just determine where he is in his trading cycle! Posted at 35p “ooh here’s the herd! 100% gains on stage 2” then what? Oh, 39p and erm, nothing! 35/36p rampityramp!!
Conductors, fiddles and merry dances!!
No worries Superleggera. All I've got to do now is work out GK's last post. I've made the mistake of reading it when I'm supposed to be studying for my flying exam. I don't know what's more confusing, altimeter pressure settings within controlled air space or GK's offtake extrapolations. All the best.
I see the distinction that you make Lives and I now understand where you're coming from. Thanks for clearing that up. I'm happy to see that we are on the same page regarding ST2 debt.
Prost
SL
Hi Superleggera Just to clarify. I didn't say those who say stage 2 has been promised as all debt are ludicrous per se. I said it's ludicrous to state Fraser has promised it 100%. Because he hasn't. Neither did I mean other posters were themselves sad, but that it was sad they hadn't done their basic research on this matter because Fraser's 'intended' comment on stage 2 funding is there on the company's website. We in fact agree despite your riposte, for as you accurately state none of us know at this stage the terms of the next fund raising. The exact point I was trying to make. It's a point I've made a few times now. Not because I have any doubts about my investment or because I'm not committed to Sirius but because I think it's misleading to talk as if something is a given before it's been confirmed. Especially on something so critical as this and when investors new to Sirius may be considering jumping on board. For what it's worth I believe Fraser will deliver all debt.
Your 14:22 "Talk of Fraser having guaranteed all debt for stage2 is ludicrous and is a sad reflection of some investors lack of research to state otherwise and for serious long term holders not to be able to question potential pitfalls without being put under the microscope for hidden agendas"
For now, nobody can determine the makeup of ST2 100%, but those who disagree with your position are neither "sad" nor "ludicrous" nor "lacking research. The above would perhaps reflect your lack of "confidence" in the whole of the SM proposition rather than the belief that many here have in it and who have an objectively thought out rationale for thinking that ST2 will be funded via 100% debt.
Prost
SL