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Exclusive: Hayden Locke, CEO Emmerson plc, a low cost high margin potash investment
Richard Slape, Oil consultant - Avoiding Losers and Picking Winners, his personal strategy


Sirius Minerals Share Chat (SXX)



Share Price: 19.68Bid: 19.60Ask: 19.70Change: 0.00 (0.00%)No Movement on Sirius Minerals
Spread: 0.10Spread as %: 0.51%Open: 19.72High: 0.00Low: 0.00Yesterday’s Close: 19.68


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Scotman
Posts: 12,608
Opinion:No Opinion
Price:19.68
BradSmith
Today 21:41
What a torrid time you seem to be having! Sorry to hear of your health scare but comforted that you have at least managed to post here with an update which suggests your spirit is at least on the mend.
It certainly does put the SP into perspective & reaffirms we are nothing without our health!
28 days in hospital? Thats a long time. I trust you had some good family or friends to take care of Poppy during this time!
I'll certainly look forward to meeting for a beer hopefully sooner than later.
Take it easy & be sure to follow the experts advise in your road to a full recovery.
 
chilting
Posts: 3,977
Opinion:No Opinion
Price:19.68
RE: Emmerson potash
Today 21:23
This Australian company have also got plans - it all looks credable and enviromentally ok.

https://agrimin.com.au/

https://www.abc.net.au/news/2018-06-24/lake-mackay-potash-plan/9898932
Tobin
Posts: 294
Opinion:No Opinion
Price:19.68
RE: Emmerson potash
Today 20:00
Whoops .. double post, was replying re hurracaine energy. Salt lake potash is a SOP potash, if you look a little deeper it has merit. But so does Emerson I think... though it is like boulby in that it has to dig up a lot of mineral and concentrate it, and then it’s only MOP.
Tobin
Posts: 294
Opinion:No Opinion
Price:19.68
RE: Emmerson potash
Today 19:54
Looks very high risk... drilling in deep water and through granite to reach a new type of geological resource for oil. Does look interesting, but high risk for sure.
I was hoping someone here would have a cross interest on other potash, I know GK has looked at salt lake potash
jimmy1305
Posts: 253
Opinion:No Opinion
Price:19.68
RE: Emmerson potash
Today 19:52
just had a quick google search for the charts of Salt lake. Alarm bells already. From 100 dollars to 50 cents. I would start asking questions as to why and IF it could reach those highs again. Obviously that's just with 2 seconds of basic research, I'm sure you know more.
Tobin
Posts: 294
Opinion:No Opinion
Price:19.68
RE: Emmerson potash
Today 19:42
Looks very high risk... drilling in deep water and through granite to reach a new type of geological resource for oil. Interesting, but high risk for sure.
I was hoping someone here would have a cross interest on other potash, I know GK has looked at salt lake potash
jimmy1305
Posts: 253
Opinion:No Opinion
Price:19.68
RE: Emmerson potash
Today 18:44
No but i was tempted by hurricane energy.
Tobin
Posts: 294
Opinion:No Opinion
Price:19.68
Emmerson potash
Today 18:33
Anyone looked at the Emerson potash project?/ Much smaller, lowing grade MOP but looks like could be low cost producer.
Scotman
Posts: 12,608
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 18:24
“I don't see why Sirius couldn't do it in their own field. The scope for expansion is unlimited when you generate so much money and have a have a great management team with a skills / vision.”
—-
#beyondwoodsmith
jimmy1305
Posts: 253
Opinion:No Opinion
Price:19.68
re: just saying
Today 16:12
Personally I see this as the next "BP" or "Unilever" for the UK. I for one am grateful for the opportunity to be involved. With Brexit we are going to need exports again. What do we really have in this country to export? Next to nothing. I think initially i'll just let all the dividends reinvest for about 10 years and then as I say, look at retiring at 60 with HOPEFULLY, a reasonable sum :)
chilting
Posts: 3,977
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 15:32
The logic would be - regarding acquisitions - to diversify into other businesses that could use the port facilities and needed to transport by bulk carrier.

But anything could be considered with a Teesside base - all that wasted space at the moment and one of the few places in the UK where there is no labour shortage.
SlurmsMckenzie
Posts: 118
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 15:22
Rio tinto started off with a single mine just wish I could remember the name of it :-/ like a few others I firmly the firm will grow beyond woodsmith if it keeps the current board. The deal with Cibra might have been a taster of things to come.

However this is not part of my case for investing, I'll be happy just to get st2 out the way.

BTW Jimmy be careful on that Advfn site, it's full of loons and people so transparent with their motives they risk being invisible
jimmy1305
Posts: 253
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 14:42
haha, I've just been on ADVFN forum, just read this and it made me laugh.

"Who builds a 33km tunnel, then digs down 1200 meters to get such a low grade product? I don’t believe it for one second, hence the short" I mean... the logic is flawless! :D
KnockinOnHeavens
Posts: 1,338
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 14:38
Nope Jimmy, wrong.

It can expand to neighbouring industries first and then take it further from there. As long as your solid core remains highly profitable, you are willing to invest and acquire appropriate talent you can grow in whatever direction you want.

I happens over and over again in every industry as we speak.

KOH
jimmy1305
Posts: 253
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 14:25
It's so easy to get carried away isn't it Heavens haha. As much as I'd like that to be true, it's unlikely. I mean it's a fertiliser company. I guess the only way they could expand is opening other mines for other resources maybe?
KnockinOnHeavens
Posts: 1,338
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 13:48
Yup, definitely Chilting.

Also, there is one important thing often omitted in the majority of traditional future SP analyses, which is a potential for additional growth through acquisitions. Considering Sirius' future huge potential ability to generate tons of cash at a very high margin, a life span of a 100 years and a product in high demand constituting a core of its operations, I don't see why Sirius would stop there instead of reinvesting some of those monies in more prospective businesses and grow a consortium with much bigger potential than Sirius Minerals Plc itself.

Currently Google owns over a 200 business involved in robotics, mapping, video broadcasting, telecommunications, and advertising.......Who would have thought 20 years ago. I don't see why Sirius couldn't do it in their own field. The scope for expansion is unlimited when you generate so much money and have a have a great management team with a skills / vision.

KOH
chilting
Posts: 3,977
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 13:26
Hi KOH

Yes, totally agree - no idea on the timing though - I don't think anyone could have predicted that Ocado could go from £2.50 to £12.50 in 16 months - no reason, as you say, why SM cannot do the same. Especially as SM has the potential to become a stock market darling when it has been producing for 5-10 years - low risk, high dividend.
KnockinOnHeavens
Posts: 1,338
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 12:39
Hi Chilting

Yup, correct. The good thing is that I've learnt first hand that it can work both ways and it made all the difference. Patience, confidence and ability to not panic are as important as all the most advanced research & analysis.

Speaking about sentiment, I have a good feeling that Sirius' SP (providing the mine will be built) will skyrocket beyond any predictions on sentiment alone one day...All the factors are there - 100 life span, growing population, great product, high margins etc. and people will go absolutely crazy one day and SP will just fly. All they need is a bit of positive news and de-risking followed by timely delivery. The SP in 10-20 years time can reach the levels beyond our dreams on sentiment alone.

KOH
chilting
Posts: 3,977
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 12:18
KOH
This is the problem with so called experts like "Fool" they can get under investors skin and panic them - the trouble is when that happens the sentiment goes with them as the SP falls.

Potential and sentiment - totally unpredictable !!!
share_talk
Posts: 5,434
Opinion:No Opinion
Price:19.68
Shaft Boring Roadheader
Today 11:01
KnockinOnHeavens
Posts: 1,338
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 10:49
My memories re Ocado

I was a holder in 2016 when SP was around £2.50 - £2.70. The company looked decent and in my opinion presented a good value for money at that stage. I was determined to hold long term. Then suddenly media released an apocalyptic announcement about great almighty Amazon entering UK Market with its Amazon Grocery and Amazon Pantry combined with well known Amazon Prime. It was supposed to be over. Ocado shares tanked to £2. I couldn't see how that little struggling and fairly unpopular online service could win a competition with the approaching giant in the coming years. I panicked and I sold my holding at a loss of almost 70p per share.

Over the next 3 years Ocado shares sextupled and today trade at over £12......

Valuable lesson learnt. Maybe I needed that experience in order to make money somewhere else.

KOH
chilting
Posts: 3,977
Opinion:No Opinion
Price:19.68
RE: Just saying
Today 08:21
I would say that its almost impossible to say what will happen to the SP before production starts - we should get a good boost at stage 2 providing there is not too much dilution - but after that is all depends on how the market views the potential and that is all down to sentiment.

Take Ocado for example - supercharged by potential for its warehouse systems - up from £2.50 in November 2017 when it was out of favour and heavily shorted to around £12.50 today - potential and sentiment.
Cherokee101
Posts: 293
Opinion:No Opinion
Price:19.68
Stuff
Sat 21:19
“As it is not one swallow or a fine day that makes a spring, so it is not one day or a short time that makes a man blessed and happy.” - Aristotle

Unless you are a trading guru, look at the long term and not the daily movements. Satisfaction comes from compounding. Get rich slowly.

For what its worth, I check the RNS feed daily but the share price maybe every couple of weeks.
Milothe3rd
Posts: 501
Opinion:No Opinion
Price:19.68
RE: Just saying
Sat 21:13
Well, that must be Supersausage, trying to push SP up last year, in his mind, so then he can sell.... He is a self declared rat.

For the rest- if the company BOD is offering super stretched bonus incentives to the execs, if the Market Cap reaches go 7 billion by 2023, and all reasonable investors here would assume we end up with 7 billion shares, .... What Christmas do you think the SP may reach 1 pound?.... Have you read this, or done any research, before believing in SL sxxxt?.
Just saying... DYOR.
And yes, if funding is sorted to an acceptable level ( considering the CF is the largest individual personal shareholder...), SP may hit 1 pound by 2023 and a lot higher, also assuming build goes as per plan.
IMO
M
Kapersky
Posts: 383
Opinion:No Opinion
Price:19.68
RE: Just saying
Sat 19:10
No joke i actually dreamt last night, it was one of those dreams that you think is real, i opened my phone and checked the price as i guess most of us do each morning and the SP was 39.6 pence, and that felt like it was pretty imminent. Who knows. Love it to be true though.




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