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Hi Stach
“The Reporter did not include the questions and how they were put to the CEO...”
He said what he said . Right up there with Gerald Ratner ! Due to how extreme his words were , the context is utterly irrelevant .
To prove that point , I challenge you or anyone to come up with a hypothetical question , where it’s deemed what he said is acceptable ...
Cheers
Good Morning.A very good post.Also last weekend's article in Daily Mail upset many people here.The Reporter did not include the questions and how they were put to the CEO.That is important for readers .Whole report concentrated on negatives and trying to induce selling panic.Selling at these prices,by those who can afford to cover normal living expenses seems irrational.I have a big loss here and am sticking with the share as there is always a chance for good things to arrive even at an eleven hour.Stach
Ivalot Lol, think what you like.
Incidentally, are we still communicating with the IPA/UKGOV?
What are you asking shep8 a question like that for? It was only yesterday he was purporting to be speaking on behalf of LSE administration. He was entitled to do no such thing and the post and thread was taken down on this board.he probably got banned from posting for 24 hours, now he's back speaking on behalf of Sirius minerals!
Good morning Sheps,
Yip, those dreaded aquifers! I recall very well having highlighted this risk a looong time back!
Shot down then I was . Old engineering, look at Boulby etc.
Then there is the strata that likes to creep and get things stuck.
Remember the coring drill?
I still think finance should be split into project elements with higher returns for the higher risk elements. Future royalties paid as well as coupons.
We will see soon enough! One way or the other.
Incidentally, are we still communicating with the IPA/UKGOV?
Excellent Sheps8
GLA.
For some of us that have a bit more idea what's going on here there is an absolute priority to remove the 'elephant in the hole' so to speak this can be summed up in one word "Aquifers" the company will now focus its resources on one main area.
1: To get one shaft successfully through the aquifers that have always been considered to hold the greatest risk factor to this whole project, it's very well known for years, it's been debated and documented around which the greatest construction risk falls, that is now apparent that it directly relates to the current ST2 finance difficulties.
My own opinion is that the TBM will keep moving forward but could if felt nessasary due to immediate financial constraints be stopped until such a time that finances allow for full speed ahead.
So much devious activity on this board by certain posters is clouding reality here, you need to do your own research to unpick the nonsense,there are one or two posters on this board that I know hold genuine actual information not the total invention that seems to have pervaded this board to meet there agenda's, obviously I respect their confidentiality completely but as far as the company is concerned it is doing what is absolutely necessary to keep moving forward all be it under different critical path until such a time that the above major risk unwinds.
Sheps8.