Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Thanks Myo / Duracell for swift reply.
I'd been under the impression that the forthcoming $500m bond released the RCF over time subject to certain construction targets being met but hadn't realised further down the line we would have to do what you state.
Thanks for those links Myo
One section I'm struggling with is where it states that we are obliged to issue more bonds each time the RCF balance reaches $500m and use the proceeds of those bonds to pay off the RCF balance.
Does this mean after this looming $500m raise we have to do this further down the line again?
I'm certainly no financial expert and it's no doubt my more mechanical brain that is tripping me up when I read that bit.
Northernisler - that's my thinking too. Exciting times feel like they are just around an imminent corner, especially with latest shot of Stella quickly disappearing into the darkness.
Due to the very nature of us not yet generating a profit and years away from intended 10mtpa extraction junk bond rating is no surprise. Those buying notes shall see us as a potential leviathan of the future with our disruptive product.
Market reaction a few hours in seems to indicate such thinking.
Trying to recall if we have had a previous RNS released during market hours and the significance - if any - of this?
MrJimV
I haven't read that article but if they are quoting The Motley Fool it is, quite seriously, scary how information and investment advice is being disseminated and the flimsy, ill informed and often inaccurate foundations upon which such advice is built.
All serious investors here and those who have been here for a long time know of The Motley Fool's many inaccuracies with reference to our undertaking, so to think people can be investing on the back of such recommendations is unnerving to say the least.
Nelson
Now do you promise it's going to drop next week?
Promise promise promise?
Because I'm intending to buy some more next week.
Any chance you could promise a drop to at least 13p.
Please?
Hi Myo
Taking into account that the other TBMs have been ordered can we allow for any substantial cost savings should we end up using only two in total?
That you were wearing when you got soaked I mean.
I don't know where these folks appear from when the share price drops back a bit.
It's unreal.
DGR
Was it an imaginary Armani suit.
Bloody hell Scotman!
You've just been told to stop your silly pretentiousness by someone driving around in an imaginary Lamborghini.
Rapid crash?
Eh?
Lmao
SheepOfWallStreet
If they drop below 15.5p can I buy them off ya?
Thanks for that link Chemistry2.
All good promotion for us. As you say, can't wait to see our video.
Nelson, at what price do you think it shall cease to become a pump and dump and more likely an indication that bonds have been sorted and those in the know have been leaked positive news and are buying before official statement?
Because that's what shall most likely happen: several days of modest gains before official RNS informing all stage 2 monies are in the bag.
I remember the withdrawal of the planning application well Bradsmith. I rember taking advantage of the delay to load up the following twelve months.
I remember the withdrawal of the planning application well Bradsmith. I rember taking advantage of the delay to load up the following twelve months.
Blimey Scotman!
I would have laughed in their faces if I'd been in your situation. I hadn't realised they were saying such things about us. Makes you realise what's most likely going on behind the corporate scenes.
You're correct Myo in putting forward a counter argument that reflects the merit of the stock but I find it more interesting getting those who post inaccuracies to quantify and justify their claims.
Just my approach, but either way I feel such posts should be responded to.
Myo, the no calorie option is one way of responding but whether such opinions are genuine concerns or the insidious ramblings of those with a hidden agenda is, to me at least, irrelevant. I feel such views should be responded to because if not their inaccurate and treacherous tentacles (defo word check there) can reach out to prevent potential genuine investors from jumping aboard the good ship Sirius.
I think of those out there just becoming aware of our undertaking. Investors such as myself who in the early stages of their research could be easily steered away by such factually inaccurate posts such as those last night and today.
If I have the time when I come across such posts I feel the need to put forward the counter argument for ignoring them or simply filtering them heightens their impact on those new to Sirius.
Members, I don't need warning about the possibility of losing my money in Sirius, or any other share come to that.
You keep coming out with statements as if in doing so you're correcting assertions I've made but which I haven't, such as this being the share of the century or it being a safe bet and now your comment '... but this does not necessarily make me win.'
I know it doesn't!
I didn't say that researching Sirius does make you win.
You're clearly well miffed about being tipped a previous share that you've gone to lose money on. You need to get over that and look at Sirius' potential objectively.
If you're going to spend your life investing on the stock market you need to take losses more in your stride and by putting them in your experience bank turn them to your advantage.
I wish you all the best with your investments, shares or mares whichever you choose.
You haven't been warned.