Member Info for 15LIVES

Kryszto

For the atheists amongst us who don't pray can we bend over, stick our heads between our legs and kiss our arses goodbye instead?

KOH

You clearly mean well and your concern feels it has found a way out but I have felt the need to recommend Yellow and Foxhound's posts.

RogueRiver

Don't forget Rolls Royce.

My old dad has always said that if they can go bust as they did in 1973 then anyone can.

Thornback

I don't think he even works for Sirius. Well not until he tells us all something we don't already know.

RUSirius

I was being sarcastic.

Thornback

Not only do they read this BB they may post on it too: Oracle=CF maybe?

Doubleheadedcoin

I couldn't agree more. A most accurate post.

Archways

No I struggled too.

Unfortunately later in the day things returned to normal lol.

Of all the days!

InsanityBeckons

I think the first line of your 19.54 post says it all perfectly.

I don't think Fraser has anything to apologise for this week with the bonds. Events in world markets unfortunately coincided with our issuance. To me it's as simple as that. Yes those at the top are ultimately responsible but sometimes outside events are out of even their control.

Sirius is now what it was last week what it was the week before that. Our success is still at the mercy of successful bond issuance, the only thing that feels different is that this setback has brought to the forefront of investors thinking that which was always lurking in the background of hopeful minds. Fuelled by a drop in the share price along with press reports from some of those who have always sought to knock us down certain investors fears suddenly became more real and probable. Speculation fed on rumour fed on misinformation fed on guesswork.

But as the first line of your 19.54 post accurately states, not many of us are financiers.

InsanityBeckons

Re Fraser and these bonds: What do you think he should have done or be doing differently?

Dadean

I still can't work out what our company would gain by nefariously trying to move shares from PIs to II.

KOH

I have to answer your question with another question: at this stage of our cycle why should our BOD be bothered about the share price?

There is and always has been talk if PIs being deliberately forced out in favour if II by underhanded methods.

I'm clearly missing something here so rather warily at the risk of showing my ignorance I have to ask why the BOD would prefer II?

What difference does it make if all the shares are held by II to that of everyone on the planet holding a share each?

Bloody hell Ballard that made me laugh!

Good to see us in the blue again lol and we're still below 10p.

You've gotta see the funny side of things sometimes.

Why am I thinking of the finale of The Life of Brian?

Minesinthemine

Sometimes though things are out of your control, such as the government messing us around at the last stage. The important thing though is that regardless of what anyone may think of Fraser he pulled us through.

I echo what FFC said.

I hope your alternative investments come good for you.

Casapinos

You have very real and genuine concerns - although not now if you've exited. I'd be lying if I was to say some of your concerns had not crossed my mind. Although I'm long and strong here I've never been so to the point of being blinkered and blind. I've always said that despite my longevity here I'd jump within a heartbeat if I felt we were heading down the tubes (as in not getting to production).

It's hard being an investor when your day job is light years away from the day to day world within which your hard earned revolves. You can research to the nth degree and fight to read betwern the lines as to what's truly going on but in the end have to conceed a certain amount of defeat.

The past few days the biggest question on my mind has been whether Fraser has suspended to fight for a later and lower yield or whether, as you say, he couldn't shift the bonds.

The scale of our undertaking and potential impact of our product within the marketplace shored up by offtakes, crop trials, a construction build going perfectly and investment by leading wealth funds now driven by JPM in a climate which only a week ago was talking so positively about us securing the bonds leads me to believe Fraser was and still is in control.

Time shall tell.

Best of luck with your investments whatever form they may take.

That's how I'm seeing it Aubery.

I think that's the long and tall of it.

Aubery

Even if a vast amount of money is moving into those funds and commodities you mention there shall still be those buying higher yield bonds.

I'm sure Fraser the financier is going to come good.

Myo

Hollow them out into begging bowls instead and give them out at the Whitby regatta in case we don't shift these bonds.

After all we are sponsoring it.

Aubery

The flight may be to low yield bonds but am I correct in thinking the yield on our rated bonds shall drop too?

Ah food is a priority you say Myo.

I remember the days when I could afford food.

It was only last Monday.