Member Info for Chrisatbirdies

He's not alone a few of us did. And we s.l think it's undervalued by quite a way.

Oops.fat finger. Anyway.i still think a.d.m will be involved here and it's the level of that support and the position of the the other stakeholders that is taking up the due diligence time. All in my humble opinion.

So do the shortest have the all seeing eye.are they like bookmakers and seldom lose. They have their money on dilution. If it were that simple why hasn't the dirty deed been done. For me I st

16 more trading days this quarter. If we are indeed to hear anything this quarter

The pre stage 2 relaxed era of tuckupps jokes. How I yearn for those days.

Roll on that news indeed paaa. It would be so nice to move on.we seem to have been a stuck record for quite some time

rrrRRRrrr. You made your point now. So you will be selling up and moving onto a new share then. Or are you going to keep telling us what a poor investment we've made. Problem is we have minds of our own a d we quite like been invested here, even during the difficult times. You have no chance of getting me to sell any shares, I made my decision to stick it out and stick it out I shall.best of luck with your new investments

It seems to me you are due a winner. And courage is indeed the relevant word. these whizz kids only make money if you sell while you are losing. Surely you realised the mine is a while off production. Chin up and brazen it out. I am.

Fred 16. The s.p is almost just a dream now. My wife jokes about my retirement plans. She thinks they are hilarious. I've even started to look at how long I've got at at 20p s.p. lol. A rise in the s.p. where is paaa. How do you spell euphoria Adrian :0)

Roulette Do you smell something lol

Hi AlanG. The longer the s.p stays down at this level surely more punters are risking the the odd few pounds here and there on this, it's just common sense. So how on earth does the share price stay the same for months on end. I must admit it baffles me. It's as if someone is controling the price. I just can't accept it's normal market forces. The shorters have sold so by definition are out and have no control.so who does.????

Hi oldrascal Surely any time delay will be paid by the contractors responsible and bite into their bonus/profits. As long as it's not too serious, I can't see it affecting Sirius.

Hi thornback. For whats worth I agree with you, I've been of the opinion that A.d.m. will be involved in the extra funding and a torps. Plus a bit of investment in Sirius. But when it comes to investments I've admitted to been a bird of very little brain so what do I know.

I hadn't seen this below. So thought as it's weekend I would see if anyone else had missed it

Sirius Minerals Investor Relations 22nd Feb 2019 1. CEO Chris Fraser on Q4 Progress Update - Conference Call Transcript [Jan. 22, 2019] “Should we need to, there is the opportunity to slow down development,”… IR: The project is progressing in line with Company disclosures and although the statement has concerned some investors we are not, at this point in time, slowing down development. 2. 2018 Q4 PROGRESS UPDATE [22/01/2019] “The Company is working towards having agreed commitment letters as soon as possible.” Concern: Investors have been left uncertain as to the financial close of the Stage II Funding process: IR: Senior Lenders are continuing with their due diligence. Senior Lenders are working through the diligence matters identified, as you would expect, and these matters are being addressed. The Stage II Funding due diligence process is progressing with all the Senior Lenders and the Company is working hard towards having agreed commitment letters signed but cannot commit to a timescale. 3. $400 Million to $600 Million Addition Capital (Capital Markets – Convertible Notes) IR: We are considering a number of funding options and these have previously been outlined. The Capital Markets is not necessarily the preferred route for raising finance but it is one of the financing options the Company is considering as previously outlined to the market. The Company continues to be focused on shareholder value and pursuing the most efficient and cost-effective capital structure to develop the Project. We are unable to comment as to whether existing and new capital providers have been approached with respect to a further issuance of Convertible Bonds. [Note: Reasons to accelerate bond conversion (RNS Sirius Minerals plc, 11 April 2018) - reducing hedging activities in respect of the Ordinary Shares by some Bondholders]. 4. Open Offer to Private Investors IR: We are cognizant that private investors would welcome the opportunity to invest in the Company through an Open Offer should we pursue a capital raise in the equity markets. The Company is keen to service their private investors and although it is a route to raising funds we are unable to comment further on this aspect of fund raising. 5. TorP Agreements i. European TorP IR: Though the European TorP Agreement is taking longer than expected to finalise, discussions are continuing towards an outcome that benefits all concerned. The delay is not as a result of BREXIT. ii. China TorP’s IR: The Company has made significant progress in the fertilizer market in China and are confident in the credentials of the chosen counterparties. The Senior Lender due diligence is ongoing so we are unable to comment on the outcome of their review of our Chinese partners.  

Mine too Fosters100. As soon as we reach 50p that's me retired. For the last two years I thought that 2018 Xmas and stage 2 finance would see us there. But here I am still stood in front of a machine all day. Nervous times but I felt more confident after seeing this week's timeline presentation. And I think the next two weeks will see it announced ( hopefully lol )

You must admit casapinos, this is a rather desperate de-ramp. Very disappointing

Sirius must be confident of the timeline.as this is an up to date projection.so is it a hint by the company that all is well

Hi Alan. The last week in March I believe.probably the 28th.

I must admit this is the first time I am worried about my investment here. But I am and the sooner they get stage two announced the better , because I ain't selling any.