Member Info for Aubery

There are still many hurdles to overcome and although construction is going well this is to me the remaining largest risk factor.
To get to where we are and the bonds not go is completely unthinkable, this is after all what CF does, raises finance. Many things can still wrong but this won’t be one of them.

Great work wwguk.

Dadean, there’s a section in the prospectus on forex risk. From memory a weaker pound makes the project cheaper. I’ll dig it out later

John, buys are not outweighing sells 100-1. SP has nudged down therefore some, albeit small, selling pressure.

Thanks DGR, yes they’ve bought stock but from memory reading the prospectus there is a TORP in the offing in Qatar.

Let’s hope so. Regarding the ME, Ive been away so not caught up but I don’t recall seeing an RNS confirming the Qatar deal,.

If one was buying these bonds knowing the SP is very likely to move north on completion would it not also make sense to buy shares at this price....then offload post bond completion....especially if buying a large amount of bonds and being s significant influencer on whether the go or not.... just s thought

And in those 3 days at least 6m further on, probably more....
The workings of the trades is interesting, largest buy of the day at 9.45am for £98.5k... cannot imagine that is a PI. C’mon own up if that was you.....Spartacus!

Great video, planning on 2m a day, looking to increase to 4m.... have achieved 13m in Belarus....

JR it is incredible you would query anyone on this board regards their research given your past posts, especially the one regards the opening ceremony...etc
Onwards.

JR, you believe I have no research because I query your assertion on a public BB that we may hit £1 in 2020. The basis of your £1 in less than18 months is ‘sentiment’, nothing on numbers. I would suggest you read the prospectus and demonstrate that you have done some research yourself if you are to continue with casual SP opinions of x7 in less than 18 months.

GK, SP being £1 in 2020..... extremely unlikely I’m sure you’ll agree. I would hate for any one new to SXX considering investing to be put off by the deramping lot, equally gutted if they pile in due to those lazily ramping unrealistic high short term SP.

You reject my premise.... again, how have you come to your opinion on possible £1 by late 2020?? Please enlighten us all.

JR, Ok to have an opinion but stating possible £1 by late 2020 without justification is ramping and is no different to those who suggest 6p tomorrow.. I see no chance we will be anywhere near £1 by 2020/21, this would indicate market cap of £10B.
Think more like 2024+onwards for £1.... if all goes well.....

Anyone have the churn figures to hand since placing?

Sheep it is doable but is it likely.... an underlying market cap of £4B....and a x3 bagger in 5 months
Not likely even with bonds away IMO. Great if we can hold above placing price in short term then 20p+ mid term post bonds away.

Cheers Myo

Currently10m a day and more can be achieved...!

Possibly less than2 years until first poly....

The Company is confident of accelerating the shaft sinking schedule by up to six months in partnership with DMC.

Thanks Myo. We do not know what financial incentives there are for the contractors to achieve stretch but it is clear that completion on time (or ahead) is now the critical factor for success. Lots of variables once in the ground but looks to me like a very healthy contingency.
Onwards.

Scotsman/Myo
Any idea what the best case contingency pot could’ve if all went to plan and we didn’t need? Could this be used for the additional capital spend to increase from 10 to 13?