Member Info for Cranleigh

“The 600mm internal increase would push out the wall surrounding by 300mm around you. That's the size of a ruler........”

But it’s not as negligible as that makes it sound, in terms of the amount of material to be excavated - I’m no tunnelling man, but from my arithmetic it looks as though the tunnel bore will now be some 51 square metres instead of 38, an increase of 33%.

And progress of the drive is now assumed, no doubt largely due to that big increase, to be 47% slower.

Unfortunately, time is money....also intrigued as to the detailed reasons behind this painful change of design. And hope the first TBM ordered is the right size!

Interesting theory, Chrisatbirdies (and alwayswinatmonopoly).

Let's see what transpires.

To me, Sirius should be and is headed to at least Bond Street/Regent Street/Oxford Street, and certainly not towards Old Kent Road/Whitechapel.

Unlikely IMHO that there will be an RNS tomorrow indicating any CB conversions have taken place this month.

The company said they would update the number of shares in issue on their website as and when such conversions took place.

At present that number is unchanged since 27 July.

Myosotis (note spelling) still has a live profile on here.

I suspect he simply got fed up after his initiative to set up a Brexit board, so that those interested in discussing that topic could use it, was so widely ignored.

Instead, several members ignored his offer and continued to ignore the rules (notably 5k) to which we all signed up, and spend the weekend droning on and on here about Brexit.

Pathetic.

I suspect it is driven by new PIs, inspired by all the positive material about SXX posted here over the long weekend.

I agree, digitt.

SL, the commercial debt/facilities and guaranteed bonds, if that is how Stage 2 pans out, will no doubt be secured by a fixed and floating charge on all the company’s assets, senior to the existing CBs,, and backed up by a range of covenants (eg at least x interest cover in year y, restrictions on dividends etc etc). Standard practice.

As long as Stage 2 includes no equity or convertibles, and can be refinanced without big penalties asap after we start production, I shall be a happy bunny.

How else than via bonds, SL?

They have also spoken of "facilities", which could be drawn down as an when required - which to me implies straight bank borrowing from the MLAs and those other banks they bring to the table, rather than necessarily bonds.

Capital Research & Management, our largest II, manage both those VA funds you mention and also American Funds IS Global Small Cap 2. If you sum those 3 funds, I think you will come to exactly Capital’s holding.

So yes, there is (almost entire) duplication between the 2 tables. When I last updated my matrix of the 2 tables a month ago, having identified which II manages which fund, I was able to associate 98.6% of the fund holdings with Morningstar’s named IIs.

I should get out more.

Thanks John.

Marshall Wace were apparently at 0.47% before creeping up a smidgeon to the 0.5% disclosable level; I wonder what the total quantity of shorts below that 0.5% disclosable level may be.

CREST monthly stock lending figures suggest that we are shorted in total by some 10%. In which case (assuming all shorting is by CB holders) some 75% of the shares associated with our CBs have been either converted or shorted and digested by the market - not far to go before that 85% clean-up level.

“the Brazilian Government have made fertilizer self sufficiency by 2020 a target"

An oft-repeated (by Harvest et al) Government target that I read somewhere has been abandoned...and one that it seems they will anyhow miss by a country mile - UN trade statistics for 2017, Brazil fertilisers:

Export $188m, 0.5m tonnes
Import $7,289m, 28.4m tonnes.

Not sure about domestic production, but these trade stats suggest that, as PAAA says, there is masses for Sirius to go for.

The attached https://www.google.com/url?sa=t&source=web&cd=12&ved=2ahUKEwjimvbE7ufcAhXJLsAKHS1-DLM4ChAWMAF6BAgJEAE&url=http%3A%2F%2Fwww.mynewsdesk.com%2Fdk%2Fblog_posts%2Fbad-values-in-financial-times-short-attack-on-wirecard-stock-24-02-2016-43803&usg=AOvVaw1zANDDeCvEkPep9tP0gi3g suggests that, at least in the view of the author of the letter, our FT friend has “previous” in terms of being used to convey slanted or misleading information fed to him by parties with nefarious motives.

Hope so, Dave. Adding another modest tranche here today...

Thanks,Scotty. No surprises (except that we are 10 years away from having a completed mine!). Smacks of panic - obviously they had no acceptable bids to flog Cleveland off, and are now trying to make the best of it by any means available.

You can’t leave us hanging like that, Scotty - do tell, which lot impressed you?!

Not quite - they are callable AFTER that date AISI.

Hoping to get there (and that 17,004 "sell" just now was me buying. Plus ca change...)

Not quite 3 days Duracell.... the FCA state "You should notify us of your positions by 3.30pm on the trading day after the day the position was reached".

The FCA publish their updated list of declarable (>0.5%) short positions daily.

So the information should AISI be publicly available on D+2.

Per ShortTracker, Och-Ziff have increased their short position by 0.09% (around 4.2m shares) bringing the total declarable shorts to 4.82% of our shares in issue.

Not far off that late-reported 5m shares sold yesterday...but apparently the increase in O-Z's position was on 6 August, so probably more increases in shorts have taken place and are yet to see daylight.

Well that’s (at least) 2 of us currently living in your birthplace, Sevenoaks, Fred!

Would investors from Kent be allowed to ride on your charabanc, please?!