My apologies for the tardy reply - been a busy w/end. Scotty, was attempting to be ironic. IMO our grand BOD were naïve in the extreme with their initial assumptions about uk planning regulation. Yes, Troops, it was a kick in the teeth, it has set us back at least 12 months and its cost every one of us a lot in lost value. However, AMEC can't shift the goalposts again. We now have a fairly clear map of the obstacles the good ship has to overcome. For the newly-invested, I attach the relevant report again http://www.northyorkmoors.org.uk/__data/assets/pdf_file/0006/363048/AMEC-Review-of-Environmental-Impact-Assessment.pdf Let's hope we see more positive movement in coming week.
I don't see that AMEC(, for that read " bunch of competitors who are s*it scared of the new boy on the block gang), doing us any favours. It gave us all a financial heart attack, it removed years of cash investment and it delayed the benefit of potash to the global market by at least 12 months. What it did do though was to present the Sirius BOD with a road-map of mistakes in the original PA. Over the last few months they have been correcting their weaknesses and producing a concrete application for the next submission. That is my opinion based on nothing more solid than the RNS + history + events so far. There is a huge demand around for this product and the Chinese delegation cannot fail to see the potential in Minerals. Very slowly this sp has settled, and investment seems to be fuelling the rise again and I welcome anything positive to be honest. I look now to after Christmas and into the early part of the New Year for some more positive news that will confirm we are on the move……ATB Scotman..how's your head mate? ATB
Straight through Volcano's 1st and 2nd resistance lines. The cats head is beginning to loll to the right - either he's spotted a golden plover in the grass or is about to pounce on a lesser spotted shorter. Either way, got to agree with comments about the China trip. Looking retrispectively, AMEC did us a big favour with their checklist. GWA lospec
Forgive me if this has been talked about already, but I feel the inclusion of Chris Fraser in David Cameron's recent trade delegation to China gives a very strong indication as to the result of planning permission discussions next July. I put it to the Board here.....would Sirius Minerals be included on this very important trip (along with BP, Shell and Talisman as the only other UK 'Extractive Industries'), with possible deals to be reached with the Chinese, if planning permission was not going to be given? It would make the UK government look pretty daft IMHO.
Looks lad (and lasses), it all depends on planning permission and, even then, there are other hurdles like construction of the mine etc that must be tackled. There's little point in keep debating this. At the end of the day this is a LONG term prospect only, and only then if you're willing to take a risk in light of the all uncertainty attached to this stock. I sold my entire holding at 26p, having previoulsy bought at around the 16p mark, and will not be buying back in at any point, ever. We will each of us form our own opinion on this stock, based on our appetite for risk, our available funds, our past experience and our commercial accumen. I genuinely wish each and every one of you the very best of luck and good fortune.
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