Member Info for Cherokee101

Laker

Not with RNSs.

A 100% track record in predicting RNSs is dubious at best and criminal at worst.

If Malkis is predicting RNSs with accuracy he is obviously privy to inside information. I would advise both him and others listening to him to be very careful on a public forum. You can do jail time if seen to be knowingly benefitting from inside information.

Aubrey

We may have had no news on sales but camp Poly4 are as active as ever.

I told them i was a farmer who required assurances i would get poly4 one day from SXX and i was worried Poly4 research would stop.

They told me not to worry they have the green light to carry on with research into Armageddon.

To what end?.... and what purpose? Maybe if RnD dies that is the true death of the company. Keep eyes peeled on RnD.

I hate to break it to you, but fund managers don't always get it right.

One of our biggest backers, Steve Davies has a terrible track record. Look at his performance on trustnet (Jupiter UK Growth Fund)... yikes. I'm truly surprised he still has a job.

Citi have actually dumped all of their "real shares" and play this exclusively through swaps, which amongst other things gives them massive flexibility to play both sides.

Bellers,

You are right and I have felt that way since the announcement. Why wouldn't they do an equity raise to finish the shaft then go back to the bond markets for the rest...

1. Either they have a viable solution, which will be less dilutive than equity...

2. Or a solution which will be more dilutive but for a much larger amount of cash (or indeed all of it)

3. A black swan...something from the sidelines that only a few of us envisaged...
A) a large partner takes us private on the cheap to finish the job?
B) our partners all pay up front for produce to help constuct the mine
C) joint venture with ICL...

4. Or plain old administration and the Ozzy boys pack up their ****... Gina gets the mine and Andrew Forrest laughs his a55 off

You guys know that an increase from 2p to 4p is a 100% gain right...

The fact it is counted in pennies doesn't matter...

As much as i'd love the RNS to hit this week
... the price has followed the 200mva ... so all it has done, is move from a vastly oversold position to a less oversold position.

Market thinka this is 5p share based on pre citi group selling.

Each of us are entitled to an opinion and I respect yours DT.

They are backstabbers, but sometimes even backstabbers come in handy. In business it is all about the opportune moments. Just sometimes one must take a lifetime of **** before it turns into a rose garden and you can say, I told you so.

Good luck to us.

ICL's ramp up is actually a hallmark of what Sirius has been saying for years. The best thing they can do is validate our product by selling loads of it.

It won't affect our plan, because if they want to match us in size they need the $$... and they dont't got it.

What's good for the Poly goose is good for the poly gander... good luck to ICL.

Sirius has a proven and much desired asset with take or pay contracts set in stone.

Construction has been ahead of expectations and operations have been efficient.

Yes, management of information has been sloppy and I don't doubt that dealings with JPM may have had sinister undertones.

But, this is venture capital. Volatility is opportunity and the risks are real. I might lose everything or I might double or triple my money.

why do people compare SXX with Thomas Cook...

Correct, Sirius Minerals is a development company. York Potash is the subsidiary that owns the Poly4 brand and mine etc.

No smoke without fire?

I'd love this to have been due to the mother of all leaks. But seriously, do any of you remember the 20% rally in august? Which eventually lead to bad news?

Speculative shorts are reducing (long term convert hedges are still in place) because the risk from here is to the upside. What that means, is so much bad news is priced in, barring full bankruptcy, that there is no point gambling on the short. You might as well punt on the shares for the same risk.

Shorters were in during the high 30s price, they have bought their yachts and on to the next victim.

Lol....

You know Jezza C. Is a staunch Eurosceptic right?

And BoJo voted remain

How bizarre that they have both changes sides...

Casa
Thanks for responding. I would be interested to hear more.

I am also keen to learn when you sold out again, if memory serves correct you pounced at the late teen price? Was it the bond cancellation?

Casa

What are you doing?

You are the only original deramper I trust for my sins.

"would such a partner be prepared to take on such risk itself, disturbing its own plans and budgets with impacts to its own balance sheet notwithstanding the potentially high returns here? " - Vyrnwy

Have you had a look at such companies like BHP, Rios, Shell etc...

The amount of **** they used to buy!! For ridiculously overhyped valuations... unreal
Note also the IPO market... investors are paying billions for utter loss making dross..LOSS MAKING (Uber anyone???)...

So, whobhas appetite to help us over the line? ADM?, Baywa? ... ICL... dare to dream.

Mayve Andrew Twiggy Forrest might pop up if Scrimmy begs him enough.

"Both the government and the financiers both believe that this project does not warrant latter stage investment"

Not entirely true. The company went through the IPA process and qualified for funds initially.

Financiers have been backing the company, but a handful of specific high yield bond fund managers were taken aback by the shaft magnitude... Jupiter's steve davies might be out of a job if this goes belly up.

I dare say, if we get a strat partner or equity raise for the shaft, we will see greater bond appetite.

The trouble is I feel there are dark forces at work, Gina, and other vultures are circling.

Automation in the markets is well documented. In the States 80% of all trades are quant trades now.