Member Info for avocet123

I think we are in a great position. We know we have cash flow, profits and a growing business. The sp is as you say heavily shorted all of which will have to buy back in when they cant take it anymore. I think it will be the perfect shortsqueeze storm.

Why reverse gear? Some kind of gut feeling? No reason why it should. No reason why it shouldnt.
Held on to Friday's gains nicely so I think there is more good to come here.

Hi Bjorn. No doubt CF will do everything he can to avoid dilution, even if just for his own sake. But if he needs to do it to complete the mine, he will. Thankfully, because a bit of dilution is still better than not failing and not building the mine, isn't it now.

Odd, since I typed my last post the futures have shot back up. What is going on at the minute?

Or the falling pound will help us........
Its 1 pence down against the EUR since Thursday. This might also help reduce losses in the ftse tomorrow.

Yep, never seen the Ig weekend ftse futures down so much. I know why. Brexit talks didn't go well.

It's an extremely poor piece of writing. The title goes "This news would encourage me to sell Sirius Minerals and RBS stock straight away" but he then doesn't present any news for Sirius minerals and as far as RBS is concerned the news is the referendum from 2 years ago.

Does anyone know when the tbm launches? Or do we need st2 to happen first?

He is just upset about our 6% rise on Friday. It must be terrifying to realise what a success the mine will be.

Interesting conversation going on on the other board as to the timing of the 500m raise . If not instrumental to st 2, since the money is not required for a while, it could be done via a placing, but at a much higher sp. But what if it has to be done before st2? Any placing would need to be carried out at a discount to the current sp, otherwise what's the point. Say 22-23?
This is just hypothetically. Not saying that's how it will go down.

Mr.dt, you seem to grasp that all the research in the world cannot predict if this project will be a success or not. It's a gamble with provability pointing towards success. But to put all of your eggs in it?

I wonder if the dow will get to under 25000 points this evening. Its on its way there.

Yes Bellers. BUT, the bondholder, unlike some others, including myself, have not been holding the baby for the last 5, 6, 7 years. To not have been rewarded appropriately is a bit of a kick in the teeth when you consider all the progress on the ground and commercially. And I am certainly not knocking any of that.
So I do share a lot of the frustration.
The problem with SXX is that you cannot put a value to it, until its complete. And so we have all been misguided by false rises and falls.

Same here. Cannot believe this has just lost 6 months of divis in one day.
I think I am going to double down on this very soon. I think this has been overdone now, particularly today.

Thanks Myosotis. Didnt realise it was already in the open domain as it popped up on the news today. None the less, yet another vote of confidence by a multi billion $ contractor.
If I was a contractor, I wouldnt touch SXX with a barge-pole unless I had been given conclusive evidence that payment was going to be forthcoming.

The keep on the sidelines Andy, until you know whats happening with st2. No need to dish out 25 posts a day that contain no useful info to discuss.

Just found the below on google.

https://www.worldfertilizer.com/potash/11102018/jacobs-awarded-epc-contract-for-sirius-minerals-new-materials-handling-facility/

The tweet was corrected within an hour?

They are still saying 3billion intended to be raise without dilution. They have not changed that statement.

Andy knew it was going to drop. It was clear as day. Thats why he didnt sell any of his SIPP SXX shares.