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Lets be totally honest, this forum is full of 'Genuine Long Term Holders' (yes it's often quoted), who are looking down the barrel at large losses.
Yes, but WHAT'S IT TO YOU??
Answer please.
@Speedy
Please - just filter him and leave it there.
You are actually feeding him with any response.
It's not only this BB - he posts on any share shorted by Whitebox.
He's a paid troll - you know the type - sits in his basement in sweaty tracksuit etc.
We really need a combined list and request Admin to ban Him/Her/It
GLA invested
Hi Aubery. What possible gain was there for CF to lead JPM. The deal being arranged by JPM was doomed from the off, naive in the extreme. ATB Speedy
Dt
’The company were naively led down the garden path by jpm...’
Who led who??
You’ve seen CF CV right???
Ignoring the real issue that is pounding down like a runaway freight train.
They are running out of money, they have little shareholder equity.
Nobody is ignoring it, were reminded on a daily basis by the broken record that is.....erm, YOU.
Now stfu, you're boring mate
I appreciate the sentiment 81lucky, but I think the board needs to be more than that. Otherwise we are in dangers of becoming a happy-clappy echo chamber. There is a place here for all opinions that can be backed up with fact, or are reasoned. The problem comes when there is a lack of nuance.
I'm a holder, have been for a long time, so would love nothing more than funding to be sorted, poly4 prices to shoot up and demand go through the roof. However, I would also like to be informed on things that aren't so rosy.
These boards are for info sharing and debate. Not for paid ramping or deramping, or mindless abuse of each other!
Bucky Bucky Bucky
The price is where it is now because of two things.
The company were naively led down the garden path by jpm whilst being heavily shorted by that same company and all their buddies.
There is a risk this could go to the wall yes, but that risk is being dealt with......hence, why I'm so relaxed.
You can pick apart my feelings as much as you want, but your time here is evident in how you picked it apart......don't miss the boat Bucky.
This is a SIRIUS MINERALS BB.
Vehicle for people who have MUTUAL interest, committed to being long term holders and believers in the project.
This BB is for them.
WHAT ARE THE REST DOING HERE???
Looking for a place to invest my money I looked at many companies before I stumbled across sxx. I did about 2 weeks of research before I eventually decided two things. 1 I'm young enough to eventually benefit from owning some of this company one day. 2 out of all the companies I looked at, this was one I could actually see materialise. I also wasn't blind to the fact I could be diluted a couple of times before eventual production. This was almost two years ago and as I thought, the construction pace has been phenomenal. I watched all the short termers who said they were long termers come in who thought stage two would be a breeze and a done deal then get ****ed off with how that concluded. I can also recognise all the posters on here that have the same relaxed outlook as me. I started with 17-18,000 shares. Currently hold 93,000. I haven't finished buying. Onwards and downwards.
canetois.....'don't touch this with a bargepole'........many of these types of posts were complained about and taken down, before members could read them...unfortunate!
Jimmy1305: "I wouldn't pay any attention to advice given on here. I know certain members on here who are quite prolific posters were singing SMs praises, 1 pound party by Christmas etc. Whether intentional or not that influence did affect many unsuspecting users to buy."
Well, they should have weighed that up against many who were advocating 'don't touch this with a bargepole'. DYOR.
Ime no chartist , but having looked at the monthly chart can see a clear Cup & Handle formation,
At least 4.5p by weekend me thinks .
P
I wouldn't pay any attention to advice given on here. I know certain members on here who are quite prolific posters were singing SMs praises, 1 pound party by Christmas etc. Whether intentional or not that influence did affect many unsuspecting users to buy.
Bill Shaver, eh? Wouldn’t mind if he could shave a few of our bills!
per ardua ad astra
Also take your point PAAA. You've hit the nail on the head. There are a few that are interested/fascinated by the technical aspects. Me included. The take away for me is that one of the prime contractors is thinking / planning for operations into 2021. 14 months at least. I see this as positive. The contents of the white paper remain to be seen.
It may do little to the share price. But hints at long term commitment. IMO
ATB LB
"Keynote speaker: Bill Shaver - Shaft Sinking: The Next 50 Years"
__
Let’s hope that the title of the speech doesn’t directly refer to the time frame at which Sirius will be sinking theirs : )
KOH
Can’t argue with any of that. Many thanks for the classy response.
per ardua ad astra
Fair enough PAA point taken. I just hope any showcasing occurring between now and the next RNS goes toward strengthening sentiment, and encouraging more shorts to close.
“If that is real news I would expect to see the SP rise today in preparation.”
——-
Why? From my perspective I see little more than an industry specific showcase of the latest designs, processes, equipment and methodology involved in sinking a shaft. I doubt there will be much to glean of any significance pertaining to Sirius that the company haven’t published themselves. And I am certain there won’t be anything to take away that will have any relevance to Sirius as a company, its financial position or its plans.
If the tech aspect inspires you then that’s terrific, but, unless Chris Fraser pitches up to announce we’re fully funded, I wouldn’t think for one minute think that the share price will bat an eyelid.
I’d be delighted to be wrong though.
Cheers,
per ardua ad astra
If that is real news I would expect to see the SP rise today in preparation. Don't want to get to ahead of myself though. As ever will watch and wait patiently.
Very interesting, great find LB.
I understand what possibly majority (?) might be hoping for a quick ride in order to change a horse for another fastest option right after and then again and so on..
but sm will reach full sp potential only after healthy first £1B/pa in revenues, so short-term might not be on a table, it's rather 2-3 years / mid-term prospect, although your expectation to capture largest portion of relative marginal delta does make a perfect financial sense.
Therefore for me it's about carefully topping up on every good opportunity (without exits hoping to reenter lower because at these levels it's too easy to miss the leaving train with no chance to catch up).. An no - I'm obviously not going "all in" (single position, leveraging, borrowing/taking credit).. Weight will end up bit skewed towards SXX, but not above 33% (I've never been above 25% of portfolio weight yet in single instrument, with sm it seems will cross the line after all).
You are in the minority then Yuri I would think, I'm sick of the sp being at this ridiculous low level and that's coming from someone who has funds to top up and would top up at sub 3p but at this point I'd rather see good news released and the sp back up to 10/15p range.
2021 was in SXX blueprint/roadmap from very beginning, it's just indirect confirmation what not that much changed from a timeline perspective apart for slight relocation/adjustments.
I would prefer sp to get back in sub 3p range in December at least for a short time to have a narrow top-up window (my next wave of financial package comes though at that time)
Hopefully it will be available for download. I keep my eyes on their feed.
ATB LB