Member Info for 15LIVES

Here we go again with RUsirius' nonsensical and deluded viewpoint. Are you seriously suggesting RUsirius that Mr J-Curve has the ability to get a national newspaper to write an article such as you're suggesting?

Come on! Surely even you can't stretch a detached imagination to that length without at least some kind of circumstantial evidence.

I have to admit that even I as someone who bought in at 2p had laugh at the comment Sirius had made many wealthy.

Bellers, the thing is when you put all of your eggs into one basket it usually starts off with a modest investment and then as the chosen company's infiltration into the market place gathers momentum over the nascent years of it's growth, especially if it has the potential to disrupt a market such as with Sirius, ones eggs are gradually moved into a single investment.

Whilst it may be a different approach to other investors it's not a blind approach built on sheeer hope.

Don't know where that bloody 'pop' word appeared from in that last post!

Think I'm still trying to get to grips with this new layout.

Cherokee, I couldn't disagree more.

Fraser was no more in control of the outcome of the planning application and other factors any more than us pop private investors.

Neither too were the inventors and tech billionaires etc for their chosen fields.

Chilting, what you have described clearly suits you and as such you shall keep with it. It's logical, sensible, carries less risk and protects you from the highly intense adrenaline that can be felt by those who ride the higher financial waves. As such, I would never advise anyone to do what they don't feel comfortable or excited about. But that's the point, as Bellers alludes to, for some of us that continual excitement punctured by rushes of potentially life changing financial adrenaline is what makes this investing malarky worth while.

Just so long as we all do our research and know the risks then it should be each to their own.

Chilting et al

I've always found it curious why it's viewed some believe you should not put all of your eggs into one basket. It seems to be that those who do are seen as foolish investors devoid of the facts surrounding the investment in concern. Yet the reality is that some people are just more inclined to take that knowing risk for in doing so reap higher and more life changing rewards.

Looking into financial history it can be seen that those who built empires from start up mostly did so by putting all they had into their own life changing beliefs. Whether inventors second mortgaging homes to plough everything into wind up radios or cordless vacuums through ambitious entrepreneurs putting their only few thousand quid into starting a record label to the tech billionaires packing in their safe jobs to start up companies working from their garages.

All ones eggs into the same basket may not be for everyone but the chances are that if it wasn't for such risk takers there wouldn't be as many investment opportunities for the likes of the safer and more risk averse investors.

For it is upon the shoulders of the risk takers upon whose shoulders we all stand.

Thanks for your feedback. I hadn't realised that was the finer detail regarding contracts.

Thanks for that GK.

I'll have to devote a bit more time to the prospectus when I'm able.

Hi Myo

My phone won't allow me to read your thread with Aubrey as it only shows me the current page so apologies if my query seems detached. You say that our gain would be through reduced engineering costs due to optimisation. How could that be if contractors are on pay or gain contracts? Wouldn't reduced engineering costs be to their advantages only?

Also, I too think first dividend could be a lot earlier than most anticipate. I've been of the opinion for a long while that a token dividend shall be paid before 2025 if construction goes to plan.

In answer to your question, those who are gaining are those selling higher than which they bought. You talk of long term holders as if you consider yourself to be one of them. If you're flapping about this drop whilst blinkered to the bigger construction progress then you need to reevaluate your frustrated and inpatient position.

Maybe you should invest in a more stable blue chip company (s)?

RUSirius, no one's forcing you to be a 'steerage passenger' as you put it. If you want to disembark then do so instead of keep endlessly moaning about Mr J-Curve.

Like certain other posters impatience and frustration saturates you. This company and investment in it isn't for you and others whose impatience is also the same. This company's undertaking is for serious long term investors (not traders/speculators) who see beyond the immediate demands so endemic now with everything in our modern world and I'm afraid you're not one of them.

I'm open to correction if I'm wrong as I'm responding to your points from memory and not going through previous company statements or Fraser's comments.

Did Fraser say implicitly that there would be no dilution and further fundraising would be all debt or did he say something along the lines of it being 'intended' debt?

With regard to his J-curve statement did he give a timeline as to when this would commence relative to the construction progress?

With regard to his Brexit comment I remember it broadly but I took it to mean at the time he said it that it was to do with the company not being effected in its procurement of off take agreememts?

As far as your statement about the fundraising being much less successful than most thought possible I couldn't disagree more. The scale of our undertaking both financially and from an engineering perspective was and is mind blowing and as such the constant fluidity of our requirements lends to constant changes of direction. To me as a long term holder that is and always has been par for the course here.

Personslly I feel there are investors here who are looking for certainties and promises that simply don't and can't exist.

Thanks for posting that link Scotman. Absolutely fantastic to watch. It's almost like after watching it we're a company worth at least 16p a share.

I was intrigued to hear that our product is crushed into a powder and then regranulated. I've always assumed it would just be broken down into required end product.

Always learning.

Just watched that link you kindly provided for that TBM assembly in Germany.

Absolutely fascinating, but I'm still perplexed as to how they get the spoil out. Loving learning and seeing this construction phase.

RUSirius, the AGM shall at least give you the opportunity to refer to Fraser as Mr J Curve and address it to him to his face. After all the times you've said it on here so forcibly I think it's the least you can do to show your backbone. Maybe you could ask Mr J Curve why he stole that sell key on your PC along with all the other things you blame him for stealing off you.

Gertfrobe

But isn't it a bit of a catch 22: you need a big factory with a thick roof to construct the TBM but you need a TBM to build a factory with a thick roof.

This is the one thing which Bellers has pointed out which has puzzled me now for a while. Having seen the ariel shots of Stella's construction I also thought how the hell are they going to do that down a hole.

Reminds me of the brilliant gynaecologist who decorated his hallway through his letterbox.

Many thanks for posting that info earlier. Info is clearly out there so I should have taken time to research it.

25 minutes to fix one ring seems a hell of a pace. Just over four minutes per segment. Takes me that long to solder a couple of joints when installing a boiler!

There's a couple of things I can't square in my head such as why they have to allow two hours per shift for labour changeover. I would have assumed second shift would be ready to jump in place of the first shift. Bit like the relay race in the Olympics.

I seem to recall it being said that Stella would be shut down four hours per day for maintenance but they're talking of 24 hours per day there less maintenance.

Either way they clearly have things covered and having read and reread those numbers several times it seems to me that they really are erring on the side of caution.

Thanks for those figures.

The 3000mtr target and 17mtrs a day is something I hadn't realised and which had slipped me by.

End of the month is a good point to focus on then. All we need now is someone like Sheps to have a sneaky peek over that fencing at the start of next month to make sure our Stella is out of sight.

As an engineer this phase is now wonderful to behold.

Myo, based on your overview of Stella's initial start up do you have a timeline in your thinking as to when she may disappear from view and we say goodbye to her?

I'm working from an old phone that won't allow me access to all of Sirius's website. I seem to recall Stella being approximately 225mtrs long. Six segments to a ring but unsure how far each ring takes Stella forward.

I don't think it shall take too long for contractors to get up to speed and for each component of the process to slip into the well oiled and intricately planned cogs that are required to move Stella forward as quickly and safely as possible.

Now that we know the time Stella entered the portal we can see the initiall rate of advance when her back end disappears from view.

The engineering logistics of getting the other TBMs going from their starting points having seen what's required to get our Stella up and running fascinate me.

It's utterly fascinating and captivating to witness this project unfold.

That all sounds exciting Bellers. Wish I'd started at 15 too and not 50. Hope you get your Cherokee. I need Sirius up to a quid to get mine.

Sorry for off topic Appychap. Hope you'll forgive a long termer a transgression. I'll be glad to leave 30p behind never mind 15p.