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then you should look at the ones over on ADVFN, my god, I haven't seen such blatant deramping crew members at work anywhere, ever!
Fir enough we get our fair share on here (which are poor attempts that can be seen from a mile off at this point) but at least they attempt to be a bit subtle in their efforts!
Anyway it's always a good sign when you see more crews being deployed as it means that we are getting close to transformational news!
I quoted that in my original post. The point is he was actually hoping the the "revenue" of a loss making company could be "passed on to us as pre production divi" lol He then expresses a lack of hope and belief of such likelihood by stating "there is no chance" but then continues to theorize by stating "but if you don't ask you don't get".
No mate, you "don't get" not because you "don't ask" but because there is one big nothing in distributable reserves account :)
Location location! M1 connected to m6 via A50. Stoke-on-Trent one big warehouse so makes sense logistically
Straight up archways...........!
there are some, that are convinced, that the TBR's will just push the "spoil" behind 'em........ :()
All the best (but, that's how a worm works....? :)
Malkis - you may laugh at the idea of "shifting all of the muck, dirt to Stoke-on-Trent", but for centuries people from that City have created beautiful objects from clay. Potholes in roads are so named because in the early days potters randomly dug holes in roads to extract clay.
As a Stoke-on-Trent resident I await with interest further news of the secondary production unit in Staffordshire.
What are the odds against Woodsmith being renamed Wedgwoodsmith? lol
"I know there's no chance.
But if you don't ask you don't get."
this is rest of the post........... KOH........... !
All the best (the important bit you missed out :)
Read your original post 15LIVES, it clearly indicates a lack of basic understanding of the concept of dividend. No doubt about it. Your have then been exposed by Foxhound in his post at 12:46 . The moment you realized how stupid your original post you attempted to twist the situation around and started suggesting that it was said "in jest". Was it really? Chronology doesn't lie.
Your original sentence says it all: "Maybe if sold the unexpected revenue could be passed on to us as a pre production divi as a thank you for our patience and backing." - a complete lack of basic understanding of one of the most fundamental financial concepts. Strange, considering how keen you normally are to engage in "future divi" conversations.
You then get defensive, trying to divert attention from your mistake and attempt to take the focus off subject.
In conclusion, a complete clown.
It's never too late to learn, they say. Too late for you I guess.
The bond sale is still uncertain, but I think the following example is very encouraging.
17 March 2015:
"Fortescue Scraps $2.5 Billion Bond Sale
Fortescue Metals Group scrapped a planned $2.5 billion bond sale, a surprise move that highlights investor jitters toward iron-ore exporters."
23 April 2015:
"Fortescue raises $2.3bn to refinance debt
Australian iron ore producer Fortescue Metals Group has sold $2.3bn in junk bonds, less than a month after scrapping a similar fundraising and debt refinancing effort amid a decline in commodity prices."
Of course, some will argue that comparisons between Fortescue and Sirius are not valid. There are many differences. The most compelling similarity, however, is that a company which could not sell its high-yield bonds at the first attempt managed to do so one month later.
Today, Fortescue is close to investment-grade with a A$23.5bn market cap.
I do hope you are right otherwise I am in the divorce court and a missable retirement.
:) monthly PIC..........!
can I interest you in joining the Subs Club.............!
All the best (and well come back ;)
I sold out 100% at just over 8. Now back in, having lost 10% of my holding in the process. Just a note of caution really to anyone who gets the jitters and thinks about exiting. Having sold out, crystallising my loss, my hope of gaining my investment back was gone. Ultimately I decided I’d rather be in the game than not.
I do think the bonds will get away, I think the odds are in our favour. Holding 122.6m shares, CF’s interests will be largely aligned with ours. CF’s share value will have taken a national lottery win sized hit last week. Is he bothered? Probably not, he has no intention of selling. Instead he will be focused on getting the best possible deal on the bonds, to maximise his and our long term value. I expect the negotiations to be go down to the last few weeks, as they often do, with CF pushing his hardest.
they shifting all of the muck. dirt to stoke on trent lol
It could just be them using someone's lab in Staffordshire, think maybe the nfu have some facilities over there
Do we know who is making the granulating machinery?
They wouldn't be in Staffordshire by any chance ?
So we could be looking at some special news in 5 days time in relation to this new production facility? Just putting 2 + 2 together and going by the posts earlier relating to news expected in 5 days and now this extra production facility mentioned in staffordshire, if so pretty exciting and won't do the sp any harm I'm guessing.
You might presume that the secondary production facility is specifically orientated for the UK market, it being bang in the middle of the UK and the Wilton site will be MAX out with international orders, also maybe the blends will be different for the uk market ? I am guessing...
Now that’s a tunnel.
So does that mean that some news is expected on a extra production facility that the company is expecting to open in staffordshire?
As I stated earlier today straight after my divi post it was said in jest.
Your need to bring it up again several hours later clearly shows you're still annoyed at being shown to be an idiot yesterday by your definition of ' promised'.
Sometimes info can pop up in the most unexpected areas, whilst checking out an ICL job saw this and then the scope of works, including a secondary production facility in Staffordshire...
Sirius Minerals is seeking a Process Engineer to work within the Project Development team of its US$2.9 billion multi-discipline engineering, procurement and construction project in a fast paced and entrepreneurial environment.
Reporting to the Plant Manager, the Process Engineer will be based at a purpose-built production and testing facility within the Wilton International site. Frequent travel to a secondary production facility in Staffordshire will also be required.
Still the project is close to collapse so probably no point applying...
Money earned would potentially go into reserves and therefore payable as dividend?
Anyways I’ll pay the driver(?) a tenner for every 1km is ahead of schedule :-)
Could be to do with STDC/Redcar Mudstone.
If SM are not selling it to them perhaps providing it under any other circumstances or agreement, is not written in the companies original objectives (2003), though these objectives cover almost every avenue, perhaps this was one not anticipated- therefore, it’s an arbitary case of just adding it to the list to avoid any wrongdoing.
Just my thoughts based on what I’ve read/understand.
"Maybe if sold the unexpected revenue could be passed on to us as a pre production divi as a thank you for our patience and backing. I know there's no chance. But if you don't ask you don't get." 15LIVES
There is no chance because dividends are by definition a distribution of post-tax surplus profits and not revenue.
Understanding of the basic financial concepts wouldn't hurt either.