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Steadygoes - a very balanced post.

For me you have to look at the significant investors: i.e. Capital, Jupiter, Citiwire, Qatar. If I was CF my focus would be on keeping them happy. They all haven't changed their % holding since the bad news. And that is telling. The fund managers will be going potty at CF. We have lost 80% of £10, 20, 30k or whatever. But they would have (paper) lost millions.

If the IIs decide to substantially reduce their investment then so will I.

Yes - I have a similar approach. Have a similar amount invested. Of course if I lose it all I'd be annoyed just like anyone else would.

If they do get stage II financing of course the SP will rise. But at that point it becomes more investable and a safer bet. Its a bit like waiting for the government approval of the project a few years ago. I waited for the decision before committing.

I think Jupiter have increased their holding from 4.88% (as of 30.08.19) to 6.74%.

That for me says it all.

Of course he is...The company is significantly undervalued. It ranks number 3 in my holding.

I'm really interested to hear the views of the significant IIs e.g. Capital, Jupiter, etc. Surely they are going to be livid. Their funds will have taken a battering.

But we don't know what's going on behind the scenes.

When I first invested in SXX, like any other company there were risks: project risks, commodity pricing, regulatory, overspending, etc. But like most people on here I weighed up the risks vs reward and based the amount of investment on this and my personal circumstances.

Now, SXX is faced with uncertainty. Will SXX get stage II financing or not? I can't answer that question. I don't think anyone can. That makes it a gamble.

So I couldn't make a strong case for making an investment here. Maybe perhaps a speculative punt but that's far as I would go.

I think what annoys and infuriates investors is the timing of it all. They surely knew very early on that they were going to pull the plug on this - they could have done the communication far earlier. You don't leave it until the last minute.

I was trying to see if I could get commentary from Steve Davies (from Jupiter Asset Management company) on this views and I stumbled upon this video https://siriusminerals.com/investors/stage-2-financing/ Its at the bottom

Well it seems to have contributed to the SP demise.

The irony is the people of Scarborough and Whitby voted for Brexit. Think it was like 60%

THERE IS AN ONLINE PETITION

Google 'Sirius Minerals petition'

Really can't understand why people are selling. Most people would have lost the majority of their holding (obvs depending on their average) that there is little point in selling to recoup a small portion of their investment. Its better to see how this plays out. The point still stands that you cannot drill a mine shaft and then just leave it there.

I do think the management of the company is however questionable. Market conditions, Brexit, etc were all known when the bond sale was due to take place. It should have been shelved or re-negotiated a long time ago. Not at the final hour. And it now puts SXX in a poor negotiating position. Even if markets do pick up, SXX is desperate.

I did tell you. http://www.stockmarketwire.com/article/6590251/TP-wins-order-to-provide-oxygen-generating-devices-to-UK-defence-ministry.html

No insider information as suggested. But know the industry well and you hear TPG name touted about a lot and sometimes you think they are the only specialised contractor that can deliver the work required by a given tender.

Told you:
https://www.businesswire.com/news/home/20190901005007/en/Clinigen-Signs-Exclusive-Distribution-Agreement-CHEPLAPHARM-Distribute

Positive announcements expected in September/October with respect to new partnerships that CLIN has secured. Acquisitions and consolidations are certainly paying off.

Lots of D4T4 activity going on in the US. This is a relatively new market for D4T4 and its pleasing seeing the company penetrate the US. There aren't too many rival products.

Apparently a significant number of new members for TLK's fibre package. Strategy is definitely working

Its a perfect business model for Bango. They do not have to even do too much to grow their revenue as EUS growth will be dependent on their clients. This will come good. Hold and don't touch until 2023.

Hi,

Apparently 'significant' contract announcements and orders expected in Sep/Oct 2019. Details are currently being finalised before RNS released.

Watch this space!

...Like an Ostrich

Very interesting to hear people's ambitions and situations. I hope Bellers does get that Mclaren.

I was in Scarborough this weekend and we drove by the mine site. They've clearly made significant progress. I can't see them abandoning the project now (the government simply won't have it). I'm confident but I do think SXX could do better to manage investor relations.