Member Info for Beerbull

Surely you don’t mean the same Diane Abbott, who shagged Corbyn & being a champagne socialist sent her son to public school. At leat she can string a sentence together ....

Members, bit of the play ground about this. Try & ignore, it says more about what’s going through their heads. I think psychiatrists call it projection. Out in the real world they probably wouldn’t say boo to you, it’s easy to insult from behind a keyboard.

I was asking myself same question. In my opinion value ultimately outs & if buyers outgun sellers price will rise.

So avocet, if rooster had posted that the sp is about to blastoff, would you have given him a slap too. Posting prices is a mugs game. But c’mon

Your right there Slums, I’ve been with Sxx, since the 6p days, so pretty informed, but if you spend too much time on advfn, gnawing doubts creep in...

Sp feels a bit like fenr before the Michelin takeover. Same thing SP managed in a low tight range for sometime & then bingo. Let’s see how this plays out...

Clearly the stg2 funding is the current major issue. We know it’s the intention to do this in one raise. Maybe it’s not quite as binary, I’m sure their will be flexibility to raise funds to keep the ball rolling, if this objective isn’t 100% achieved. It may mean that funding could be ongoing & linked to targets. Just saying it wont be the end of the world if it’s not all wrapped up in one neat package.

As a condition of pulling the 250m forward was board representation, so I’m sure Gina is more than upto speed on the new financial situation

Ouch Sheps just asking, surely no harm in that ?. Sometimes presupposing something reveals more about yourself. Think about it ! BB

GK, I seem to recall on the blue board, albeit sometime ago, you recommended to tuck these away in the bottom drawer & wait for production. (Or words to that effect). Is this still your take or have you morphed into day trading... ATB bb

Reads like a motley article, but nice a bullish article

Maybe I’m being naive, but surely DMC & Strabag, must have a high level of comfort re stg2 ( however it’s packaged) to have committed to this project. Without mentioning all the other major 3rd parties who have signed up to this being a game changer. By the way good luck Sippnoob hope HUR does well, another potentially brilliant UK co.

Just asking, why does all stg2 financing need to be agreed as 1 big lump .? Surely if Chris is finding it difficult to nail it all down in one deal, why wouldn’t their be contingencies in place to raise in smaller tranches as the project de risks.

You could probably say the same for many other early stage companies. I guess you either trust the bod and in its capabilities or else you invest elsewhere. I think jpm or whoever lends are looking for interest on their loans, not looking to build & run it.

Assuming bonds correctly priced, no doubt JPM will have buyers lined up or packaged up as a cdo. Should be straight forward once fundamentals agreed. Have a great weekend all.

So dilution at outset of stg2, will hopefully be at lower end.

Surely financiers will want their cake, ie junk bond rates & if Sxx are unable to meet repayment terms, that’s when they will eat Sxx.

In fairness to GK he was pumping the sp pre Stage 1, wiser voices like sageman warned of the dangers & the rest is history. I wouldn’t read too much into GKs offerings, at the end of the day he knows no more than the next person, at least he is taking a more cautious view this time around.

On Bloomberg this week, a big cheese from Allianz was asked what she thought of the oil price. She replied other than the effect on inflation, not really bothered, as an institution they regard this sector uninvestable because of the huge volatility. I guess this goes for a lot of investors..

AlanG, ‘shortens burnt fingers’ at 50p they’ll be looking like Guy Fawkes