Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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When I gave my instruction of a NO vote, I asked the young lady what sort of percentage people were voting she said the instructions she had taken was approx. 80% NO. Hope she is right and CF & CO get nothing other than the sack
Just mailed you again - there were some extra spaces in email address so first one rejected. Let me know you have it.
Cheers
Quite heated , that could be an understatement , i presume Fraser as employed some security , there could be some peeed off individuals , who could get very emotional , just by the sight of the man .
Yes I'll be there!
PWC, your not chums with Bucky are you?
Ed, you sending anyone to the vote next week? Can imagine it's going to get quite heated....
Price dipping......., no vote looking likely. Wonder if they will suspend trading next week
Ok, I see what you're saying....but after the vote, will the share still be on the market to buy?
Hi Fred. Black rock (Swartzstein) are major world players with more funds in play than you could possibly imagine. They are up there with JPM and friends. They could fund this mine with the funds they find down the back of their HQ sofa. I would be very surprised if they do not have funds in AAL and will be hoping to wring some profit from this mess. ATB Speedy
I'm in pretty much the same position really, the vote looks like its no, so I expect the SP to tank. Was thinking of selling out and buying back after the vote. If it is a yes then in no different position to what it is at the moment...
So as of now, I'm about a grand or so at loss. Got quite a few thousand in it.
I was hoping to sell at somepoint but it's dropped again today. So now I'm not sure whether to sell it tomorrow and take the loss or keep all that amount (and it's alot for me) in there while this vote stuff happens and goes out of the market in that time
Any advice welcome as I'm a newb to all this stress
I sold my remaining 500,000 this afternoon with a sad heart after years with SM. I’ve been sleeping poorly the nearer we get to Monday.
Coronavirus’s effect on world stock markets hasn’t helped either, AAL pulling the plug played heavy on mind as well as reading reports on other investors misfortunes in SM.
I did state an investment amount with fundsirius a few days ago.
I can now upt that amount as still feel connected with this project although out “at present”??
A sad day ??
The market seems to think it's a no vote !!
We have been duped and ROBBED if it's a no vote Sirius need a new BOD and a very quick dismissal of this bunch of shysters
Suspect a large not yet reported sale or attempts by the market to frighten any remaining holders to sell ?
Yes a trip to scarborough . He needs to go asap ,if no next week ,first
How comes the sudden drop to 5p?
On its way Ed
Apologies if this has been discussed before, but is anyone up for an impromptu trip to the Sirius head office in Scarborough? It would be courteous of the company to listen to our concerns face to face, but is it too much to expect?
Taking down those videos is a very bad move. Looking like someone is trying to hide the past.
Does anyone know what part BlackRock have in all of this?
Steve Davies is leaving Jupiter after a prolonged run of poor performance on the £958m Jupiter UK Growth fund and investment trust of the same name.
Davies, who was last week replaced as manager of the trust by Richard Buxton, will hand over the fund to Chris Smith, recruited from rival fund group BNY Mellon, in June. Jupiter said Davis was 'leaving the company to puruse other opportunities'.
Davies had been under pressure to improve performance on both the fund and trust, which are both languishing towards the bottom of their sectors over the last five years.
The fund has lost 5.7% over the last five years and is kept off the bottom of the Investment Association's UK All Companies sector only by the L&G UK Alpha Trust, down 13.3%. The FTSE All-Share has risen 26.9% over the same period.
Shares in the trust have risen 3.9% over five years, the worst performance in the Association of Investment Companies' UK All Companies sector.
In October the board of the trust said it was looking for 'alternative arrangements' but Jupiter was able to keep hold of the mandate by parachuting in Richard Buxton just days after the fund manager joined as part of the acquisition of Merian Global Investors.
Davies was caught out badly by the Brexit vote, with his fund diving 11.1% on the day of the referendum result as his heavy holdings in banks were hammered.
His positioning in companies generating their revenues from the UK domestic economy was a weight on returns, but the manager was also hit by major stock-specific issues.
Davies was hit by the collapse into administration of Thomas Cook last year and the crash in the shares of Sirius Minerals (SXX), a major position, after the company failed to secure government backing for a potash mine under the North York Moors.
Investors in the fund will be hoping for an improvement in its fortunes under new manager Smith, who has managed the £320m BNY Mellon UK Opportunities and £782m BNY Mellon UK Equity funds alongside Simon Nichols since November 2017.
Since taking on the UK Opportunities fund, Smith has returned 10.6%, more than double the FTSE All-Share's 4.4%.
'Chris's proven track record in a period of considerable uncertainty for the UK economy sets him apart as a real rising star,' said Jupiter chief investment officer Stephen Pearson.
'We are confident that Chris's distinct investment style will enable the fund to focus on its growth objective while allowing a smooth transition for investors.'
I voted using ii's voting system c.600,000 shares against from me
vote done on ii, although i had to ask to be set up for the 'voting mail box' in the options tab. I could then vote
Although you may be too late?
pguram, I fear you may be too late. I hold my shares through ii and have been attempting to cast my vote through them for about a week. They finally informed me yesterday at mid-day that if I sent a secure message containing my voting wishes by 1pm then they would cast my vote which I duly did. I believe 1pm yesterday was their cut-off point. Sorry.
https://fundsirius.com/ Please visit if you have not already. £42M - 1737 PEOPLE. If we can get more shareholders or an II or II's on board this could increase substantially
Raise and Save” – a campaign to raise £460 million 42,023,372 Interest So Far 1,737 People Surveyed
£24,193 Average Amount