RE: No Vote17 Feb 2020 17:19
I have been invested in Sirius for over 10 years......my initial interest was sparked by a feature article in the S. Times which actually discussed using the mined out underground caverns as suitable for power storage (using compressed air....I kid you not!) once the polyhalite had been mined. I have followed the entire saga through getting planning permission by just one vote to the enormous advantages that this mine would offer the world as the population grows and the benefits to this country's economy - Chris Fraser was quoted as saying that once in full production then Sirius would be a FTSE100 company and would increase the UK's GDP by 0.5% with a mine that could last 100 years These were extraordinary claims which I feel have now come back to bite him (and the rest of the BoD) since the 85000 or so private shareholders, like myself and my wife, wanted to have just a small part of this amazing success story. Moreover, it was being backed by the UK government - Sirius was being promoted as one of 30 or so UK companies at the Qatar Business Forum by Theresa May about 3 years ago. ........so we (the PI's) felt safe. Well, that all seems to have a major spanner in the works....so sad.....and I tend to agree with a lot of the conspiracy theories out there. However, I cannot believe that if the Vote is 'No' on March 3 then the mine will just be left to rot. With so much talk about rejuvenating the north of the country then the Government would surely not let this happen. We feel so strongly about this project that we will both be voting 'No' - we are prepared to lose all our money rather than see it taken over by another company for a derisory offer price.