Member Info for chilting

The offload finished at around 15.00 this afternoon - only about 22 hours.

No indication of load size - draught has not been changed.

Heather seems to be on her way to Sullom Voe.

it seems that we had hook up at around 17.00.

Not hooked up yet - still 0.4 nautical miles away and hardly moving.

Heather is moving again - hopefully towards hook up within the next few hours.

Heather stopped about 2 nautical miles from AK at around 10.30am.

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I think you are reading far to much into the current position of the SP and how that influences the future - the SP is simply a snapshot of the present position of the company.

With a growth company like Sirius, especially when no income is being produced, it is all about potential - nothing else matters - you have to take the rough with the smooth if you are investing here for the long term - otherwise just trade on the dips.

The main consideration going forward is that without institutional investors we are likely to see continued volatility - the SP lacks a "backbone" and is completely the victim of events and sentiment.

But, always turn a negative into a positive - buy on the dips - like NOW !!!

Although the announcement of extra funding in September was the trigger for the bear dive, I think the bear dive itself and the general fall in the markets have brought the SP down much more than could be expected - mainly because the issue of extra funding and stage 2 have yet to be resolved.

When stage 2 is announced, along with a resolution for the extra funding issue, we will I think get a better idea of what Sirius is currently worth to the market.

However, I don't think that the true value of this company will be reflected in the SP until production starts - investing here will I think be a leap of faith until that point - also I don't expect the institutions to increase their investment substantially until production starts.

Heather is now making her way towards AK with intent from the correct direction for a hook up later this morning - she is currently 14 nautical miles away.

Hello 121
I was going on MO's timeline - I was on holiday when the last load was transferred.

It looks like they will hook up tomorrow.

Arrival for the STS at Sullom Voe has been changed to 04.00 on Monday morning.

That will be 13 days since the last load.

No sign of a move to hook up yet - may be first thing tomorrow now.

Heather is still expected at Sullom Voe tomorrow evening so hopefully we are not looking at a big delay.

Heather has made fantastic progress and is now just 15 nautical miles from AK.

She has to do a wide loop to come in from the north west for the hook up - hopefully later today - maybe lunchtime ???

Outfooling the fool !!!

Hello Squif

Heather is due to arrive at AK arround 13.00 - that would be 12 days.

The doom merchants are out in force this morning.

Sure the news from the Fed wasn't good last night and it did dent share prices this morning but that was down mainly to Powell's inept performance at the press conference following the rate rise.

Stock markets are still some way off going into bear territory - in fact I think today could be the bottom - but that is specualtion or maybe optimism !!!

Heather is making good progress - currently due east of the Northumbria coast - travelling at around 14knots - eta still 13.00 Friday - the weather is ok.

There is nothing to suggest that stage 2 isn't on track to deliver Q1 2019.

Extra funding announced in September is a worry - re dilution.

Basically, as usual, investors have to be patient - current SP is down to market conditions and September bear dive - still to be resolved.

Appychap

Sorry to disappoint but did you see what the Fed did tonight and the way the Dow reacted - down 350+ points.

Jerome Powell seems rather heavy handed not just in his actions but in his words - the rate rise was expected but it seems most of the damage was done in the press conference that followed the announcement.

Another kick in the teeth for sentiment !!!

I certainly agree that dilution is exceptionally bad news for dividends but as for the SP that would be down to how the extra capital is raised.

Hopefully institutional investors would take all the extra shares needed for the extra funding as long term holdings at the same time as a successful stage 2 is announced - this I think would be a much more positive way forward.