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Hi Peeps, like a lot of people I lost a fair bit of money on this share. I've made some of it back on GGP but got to that party late, there is another similar share out there like GGP. Its OMI and its starting to take off, just a heads up for anyone who still monitors this board and doesn't know about it.
As always DYOR
...gold miners seem to be in vogue currently. Thor, Alba, and most recently GWMO topping the leader boards for daily gains. GWMO's market is about £7 million...
It’s been awhile since I posted here lost a small fortune.
However GGP saved my bacon also just stated on hopefully another multi bager
Thor and Alba .
Thor in the same region.
I think i heard someone mention they'll be a £1 by Christmas?... kidding
Could well be.
Yeh, its doing very well, I'm just about to bag, i just hope people to remember to sell a bit and not just be ahead on paper, in sxx i was well up as well, should have sliced, hope any new holders of GGP remember its only a paper profit until you take.... a bit. From what i can see its still got a ways to go yet mind so if anyone is still looking at this board and is not aware .... checkout GGP.
PAA sounds like a right dish - phuuuuwaaaa!!! Dont tell the Mrs.
I always imagined there'd be a big punchup if we all ever met up for the £1 party. I envisased some type of carnage centering around Alan G and IBAB
Are they having a party? Only joking!
As a result of my experience with Sirius I’m very nervous of going too heavy in one share but something made me put more in ggp when it was 3p and EUA the day before it got suspended at 7p. I’m not all in either and have been lucky with having a smaller amount in some of the testing/therapeutic shares that have done/doing very well.
I do have to disagree with re Myo. I just think he was just incredibly interested with all the build. I recon he felt incredibly let down by SXX.
I did however meet PAAA at the vote meeting who was nothing like I expected - equally as gutted as the rest of us were - certainly not some person sitting in the corner in a raincoat as some described him ... I would go as far as to say he was quite a catch for some lucky lady!!
I always had a feeling he was part of sxx. He knew every move and every piece of info.
Me too bellers. The bollx he used to come out with. He was too well informed. How would he know all tha nonsense unless he was on the inside.
In other news: have a look at the Great West mining Company *GWMO) - in particular the recent gold trials -
Rumour is they're headed for the moon but what ever you do dont invest in them, unless you want to.
I think i heard someone mention they'll be a £1 by Christmas?... kidding
That's great news I'm made up for you,I'm loading up on that Ecuador project at mo,see what happens in October .Appologies my recommend,report post and start a new subject isn't working at mo,iPad probably knackered!
I suspect you may be right,as I posted before we all purchased Sxx freely but I did post on here a long time ago how I met myo at the agm.He was sitting in front of us at the agm and when it was over me being a nosey sod followed him down to the stage area,now cf was alone and you would imagine myo would go straight up to him and spark up a conversation but no he bypassed him and carried on to start chatting to I can't remember the guys name but he was shareholder relations ( big guy who talked all his rugby mates into buying Sxx) and got into a long conversation on the stage area with him.
That has always bugged me,why bypass cf when he wasn't with anyone else and go talk to the other guy??
I always wonder and at the back of my mind it doesn't sit comfortably,I guess I will never know.
Google myosotis ,a plant,very apt???
No sour grapes from me just an unanswered puzzle and then like a magician he was gone........
Cheers fj...….hope you are keeping well? Big turn around this year after SXX. Not just the Oz goldie but all my others particularly pharmas involved in CV19. Hoping something can be made of the Whitby mine still to help the locals. Atb
I always had a feeling he was part of sxx. He knew every move and every piece of info. Mmm. Aah well, all done with now. I made mine back with ggp, sgz and zoe. Just waiting for eua to sell then I’ll be happy. Still a bit uncomfortable about myosotis? Good luck everyone cos we were done up good and proper.
Myo account closed immediately after court case,he was very prominent with sharesoc Sxx group I believe.
I never paid into the sharesoc membership so have no idea if he's still involved??
Met the guy at the last agm,so he did exist in person.
We all purchased Sxx shares free willingly but he had a great influence on this board with so much up to date facts at his fingertips ,he never revealed a buy/sell trade so he either left a very rich or broke man.
Good to hear so many are making their loss back in other ventures.
If I remember correctly he's disappeared right after the outcome.
as an aside, I've been in sensible shares for a while since i got creamed in this one.
One of them is BT (BT.A) which has been going down and getting hammered.
Today Barclays have just put an overweight on it so its should start back on an upward trajectory.
So if anyone has some cash burning a hole in thier pocked for which they need a home .......
As always DYOR good luck.
thought i saw him on the ggp board, not seen PAA.
No idea, but how do you check whether he is posting elsewhere? I wonder whether Per Ardua Ad Astra is still around.
Just a thought...... anyone know what happened to him? No account now. Strange
Gertfrobe - yeah, of course those faces are very happy..
Obviously I meant I'm happy with the outcome if compared to that another unfortunate alternative..
“Very happy with the outcome“
Yes they do.
bobminor - you probably do understand where these little people would be with their capital without AAL right after covid hit the world in march?
Would SXX be capable to manage debt and other contractual liabilities?
Answers are quite obvious, unavoidable administration!
It's called permanent loss of capital !!!
I would say we were very lucky :)
And instead of losing 40% of my portfolio I've managed to score almost 30% return in a very short time, plus it was all in cash - ready to be invested on a rapidly collapsing market (end of mar), first time I've understood meaning of "cash is the king".
Very happy with the outcome.
"Re Sirius Minerals plc
In January 2020, mining giant Anglo American plc announced a recommended cash offer for Sirius Minerals plc (Sirius) to be implemented by way of a scheme of arrangement. A significant number of investors held their shares via one or more nominees, meaning that these investors only held a beneficial interest in Sirius while their nominee held full legal title to the shares. Following a meeting of shareholders convened in order to approve the scheme — in which the voting thresholds were only narrowly met — the High Court had to decide whether to sanction the scheme in light of objections raised from a number of Sirius’ beneficial owners. These beneficial owners alleged that the votes cast at the shareholder meeting did not represent their views, particularly given that most nominees had not contacted the beneficial owners to inform them of the offer.
Nonetheless, the court sanctioned the scheme and reaffirmed that the votes and rights of registered members holding legal title to a target’s shares ultimately count, as opposed to those of any beneficial owners. The court ruled that all relevant legal requirements had been satisfied (beneficial owners do not constitute “members” for the purposes of the Companies Act 2006), that Sirius had been under no legal obligation to reach out to the beneficial owners and that, even if they had been obliged, there was no way of confirming how the beneficial owners would have instructed their nominees to vote."
NO to the little people - No to unco££uptable !!!!
Doing a roof repair for one of the Strabag staff working at Woodsmith. We got chatting about the project and he reckons on 2025 for 1st polyhalite.....
Apart from Triple 8 Beverages and 888 Beverages all of the other Directorships are with Sirius and its subsidiaries. It was mentioned on this board before Anglo American acquired Sirius that the contracts of employment of Chris Fraser and Thomas Staley provided that in the event of Sirius being taken over by another company their employment with Sirius would be safeguarded for twelve months.
It will be interesting to see whether they are still employed by a member of the Anglo American Group after March 2021.
CF, director of Anglo American Woodsmith Ltd
(formerly: Sirius Minerals), Status: ACTIVE
as well as active director of 15 other UK companies (prob-ly more abroad) incl. some booze business in Yorkshire: Triple 8 Beverages , 888 Beverages (Nature of business: Distilling, rectifying and blending of spirits) to monetize pain of huge financial loss by locals there)...
Why would AAL keep him there if he doesn't really have any relevant director skills in mining nor in Fertilizer business (chemicals, etc) ? Except for finance part - which he has failed badly anyway with all the fireworks and AAL doesn't really need financing bit there? Smells like corruption, payment for ditching initial investors and transferring their wealth to AAL..
TrickyDickyTwo, I'm afraid your reply contains far too much "bull zhit" of your own making for me to bother responding on a point by point basis, it would be a fruitless waste of my time, the only thing I will add is that your assumption about Anglo American is pure speculation, the shafts are being dug to the horizons originally specified to reach Polyhailite seams and secondly if you weren't a bitter twisted tozz pot why do you even feel the need to come back on this board to try and re enforce your totally false predictions!!!
You've had an agenda against Sirius for many years even to the point you were banned from here and III under your original TD1 because of the vexatious nature of your relentless attack on Sirius after you sold out, to espouse your not bitter is the foulest smelling bull zhit imaginable, as far as your "I made money out of Sirius" I believe you are just a liar TBH.
As one very long term ex holder used to reference in connection with the progress of this project, all be it under different management.