Hi Aubery. I was wondering that myself. Maybe they are waiting for a signiture on the deal before launch. It could all happen in a blaze of publicity. That would certainly give investors a massive lift.
Hi Tex2374. It certainly is.i can't argue with that.having said that,there is little doubt the mine will be completed. Its who benefits is the worry. I think politically it would be a disaster to wipe out the shareholders,including c.f et all. So my bet is it wont happen. With the convertible bonds repaid,we now have less potential shares . Some dilution wont kill us off,especially when some of the potential is now beginning to surface. I am firmly in the 'beyond woodsmith' club
That's not how I read it woolverstone. I saw it as a $500 overdraft with j.p.m. which would be paid off with another bond issue, which in turn gives sirius the overdraft at hand to use. We are too late with this topic though as the j.p.m deal is dead and buried. Hopefully the way forward is now with a direct business partner.
Hi woolverstone. In my understanding ,they wanted multiple buyers of the first bond to prove the appetite towards the bonds from the market, as there would have been a further $2.5 million bonds to sell to complete the project.
Casapinos. What about the value of 13.8 m.t.p.a . At $150. That's over $ 2 billion a year. I dont think I've ever read anything positive you have say about sirious. If j.p.m. had allowed sirius to pay 13.5 % interest the finance would be sorted. So how can you say the project is nowhere near.
RE: Something does not seem right11 Oct 2019 19:09
Fair comment stanley67 regarding casual. Milnrowmug. Love that reply , im on the wagon for one week, not the full stoptober. No gin for me,I leave that to my wife, I prefer a couple of real ales followed by a good malt whisky. Just in case I'm not first to the bar at the production party (See what I did there)
RE: Something does not seem right11 Oct 2019 17:42
Hi casual. Forgive me if I'm wrong, but you've been around as long as I have and you always doubt the share. And fair enough you've been right to . As for me. Yep you are correct, I am still convinced this will come good, I have been from the start. Felt myself losing hope a little last weekend,but this week has been a tonic.
Has it occurred to anyone here that politicians actually work for the elite, it's obvious to me.all you have to do is see who benefits by the decisions they make. The elite dont have country borders or affiliation they move the cash to muddy the waters of finance .--- climbs off soapbox