Member Info for 15LIVES

TeX

I agree if it's a no vote an 'interloper' could well make themselves know, but if they do I think it shall most likely be one of our II providing funding to save their own skins after a failed and preferred yes vote. I can't see any party not invested here at the moment and looking to pounce waiting for a no vote is what I mean.

Infiniteang

I have to disagree with your overview. Surely no other party wanting to grab Sirius is going to wait until after the vote in case it goes in AA favour.

The bottom line is that this week we who have claimed how fantastic and wonderful Sirius is with it's state of the art mine and potentially disruptive product with a hundred year life are about to find out how much others agree with us.

If this goes into next week with no other bidders emerging then many of us (myself included ) shall surely have been deluded and kidding ourselves. If it's as revolutionary to the fertiliser industry as we've been saying and on the back of which we've ploughed our money at least one other interested party simply has to show itself.

Picstloup

If those three options you name are the only possible outcomes here as you see it, then you must be banking on 7p being offered?

Voted no today.

My broker said they have had a lot of people registering their intentions and the 'vast majority' are no.

Tacotaco

Those of us voting no carry our balls around in a wheelbarrow.

Genuine question:

How many companies have gone to the wall needing a cash injection to stay afloat and not gone to those that own the company to raise required monies?

IBAB

I'm only a couple of years behind you.

Sounds like you've given up.

IBAB

Exactly what I mean: more exciting things in life than what you've just described surely.

IBAB

You talk a lot of sense about this not being a conspiracy by CF and the BOD and you provide a good deal of thought provoking analysis but jeez, don't you ever feel like you're missing out on many other enjoyable things life has to offer whilst posting on here ad nauseum?

I've been invested here nearly ten years and have the odd read of this BB but when I do it absolutely astounds me how much you post and the times of day which you do.

Casapinos

Have you disembarked your boat to come and join us on the Titanic?

We're all shuffling deck chairs around at the moment.

Hi Speedy

I don't doubt JPM ability to make money but I just highlight that they are not immune from making mistakes or indeed losses on certain investments.

Speedymeadie

You say JPM never lose.

Try googling JPM losses.

LTV

We don't know the details of this December consortium and it most probably was an offer not as good as AA. Therefore, with the choices being AA or administration BOD were understandably correct in recommending it. Within the cut throat world of business I think it well within the realms of possibility that recommending AA offer may have the intention ( or unintention ) of causing this consortium to reconsider their offer.

You have to put yourself in the position of this consortium at this point. They may have just walked away. If not and they have a revised offer in the wings then from their point of view surely it's better to run this clock down a bit, wait for the date of the AA vote to be announced during which time shareholders feel more desperate for a better offer and then come in with their counter offer.

I believe and feel that the product we have coupled with offtakes, construction progress and the potential for our product as a disrupter in a growing world population to be too great for only AA to come forward.

Scott

If we do get a consortium it shall be because of Fraser. I reckon he's working frantically these last two weeks to make it happen. I think there's a lot of people who could be eating their words and having to reconsider their view of what they think has gone on here.

Fraser is after the kudos of overseeing a start up company into an independent leviathan within the mining sector. He always has been and until the last second shall continue to do so. Money isn't the be all and end all to those like Fraser. It's recognition and prestige he's after.

We're now entering the endgame, the final two weeks. I haven't written us off yet and look forward to these coming daysdays.

IBAB

My money is on a consortium: $600m for approximately half the company. Circa 15bn shares.

Two weeks left within which to find out.

Fred

As IBAB states they are illegal in USA

A bit like shorting is in Germany.

Oh to live and invest in Germany!

Fred

Now could be seen as a good time to buy of you believe AA shall end up buying them back off you for the same price but there is the chance another bidder may counter bid.

You're then just losing dealing costs on that gamble as I see it.

Wenglishboy

I'm certain Fraser is still trying to take this the preferred route of keeping us independent. I think he leaked the AA offer to perhaps jolt the December consortium into reviewing their offer.

There's still time for this to go other than the AA route.

Still time for a 7am RNS and breaking news of a consortium lead by X make rival offer for troubled and beleaguered potash miner Sirius Minerals.

I shouldn't talk about my new chums like that. They're really quite friendly and have even invited me to their beetle drive.

Think I'll go out tonight and have a few pints of mild.

Devonplay et SL

Many thanks for that more in depth info on administration earlier this afternoon. It is appreciated.

Fred

I think I may be joining you on some of those more quieter boards if AA get us for 5.5pp. I tried one earlier and the last half dozen posts were talking about the Titanic and the recent invasion of the Falklands. I felt like I was in a Quaker meeting house surrounded by people wearing beige. It was a bit strange to start with after being in the company of those on this bulletin board for that last few years. With you guys I feel like I've been on an 18 to 30 holiday base jumping with the volume turned up to number 10. Still, I shouldn't talk about my new N