Member Info for DarrylJ

A4000... No more a gamble than it was when people first invested in a company with it having no planning permission and just a resource though.

Sand, why are you here with such a terrible outlook? SXX is down, but certainly not out as you're putting it.

Yes, we will likely see a strategic investor come in... We still have off-take agreements... It's also better for a strategic investor to come in with less shares in circulation too, think some people are very quick to forget that. I think it'll likely be a mix of cash to us - shares/warrants/future profit to them - they'll still be greatly rewarded.

https://event.on24.com/wcc/r/2093598/FBFA7D8613658DFEEB1A4030F851D7AA

I agree Richard. It's maybe one of the disadvantages of having a significant amount of pi's with regards to panic selling - which is also understanding. People want to protect their capital. Stability then a gradual rise back to the latest broker target over the coming months will be good. I think we will hear news of a deal before Christmas

Its interesting that's for sure. I could significantly average down to around 4.7p if I bought all shares I could at 4.3p. would leave me with around 4m shares in this... I think I'll leave it where I am with my holding for now though. Any sign of a deal and this would likely double back up IMO (which is why it's tempting).

Have a good weekend

Looks to be yeah, no reason why it wouldn't be anyway

Here's the link - https://event.on24.com/wcc/r/2093598/FBFA7D8613658DFEEB1A4030F851D7AA

Chris was asked a question with regards to the bonds from Liberium Capital. His response was below...

He does believe the bond market is a place where Sirius can secure capital at an appropriate time.

He went on to say (not word for word, but just about)...
Taking this period of time to re-look at the development itself, to explore over avenues of capital that has come forward as a result of going to the bond market and raising the profile of the project to a whole different group of investors. He thinks there is opportunity that lay in there that Sirius can explore that ultimately may lead us to an outcome that gives us a pathway that is potentially better than where we were before.

I'd say he was cautious in his approach (as he should be). Reading between the lines, he couldn't say anything. But for him to say that last sentence, suggests he's seen offers that are somewhat interesting.

Food for thought... have a good weekend all.

Not risk averse when it comes to them paying themselves ludicrous wages though.

Bankers, only in it for themselves. That's one word for 'em... Sounds like Bankers.

Best way to look at it Fred.

Have a good weekend

John, these are just trade reversals.

Basically MM games, can be used to influence an SP in either direction too. Sell at 4p for example, in an attempt to sway the SP in either direction... Reverses later in the day...

Are we able to throw you into it Cro?

Of course I joke. You probably believe there is currently no hole at all and it's still a field yet to be developed.

avocet123 Ah, here he is. Professor depressor.

Job loss (or contractors temporarily let go) are seen as the company acting what it needed to do. People need to start thinking before posting

Imagine betting for a company to go into financial ruin then gloat about it.

That'd be fun at parties. It's not ironic at all with what you said... You're literally hoping for job losses. You have no empathy to give.

It's not AIM.

People say it increases liquidity, the only thing I see increasing is infestation on boards to drive the share price down.

That's what is just plain wrong with shorting.

avocet123, you were quite positive a few days ago. What's the matter? Not handle the financial loss and sold now wanting it cheaper to assure you were right to sell?

Responsibility lies on your shoulders, now shoulder it and stop being so negative.

Friggin' Fantastic

Lol, you can tell who the non investors are. This will still largely be a debt financing. We only need a strategic investor for the shafts. Ok it may be more diluted but I don't personally see it as being more than 11-12b shares. Which would be a great outcome even for those in with a share price of 40p onwards. Those even contemplating dilution to get the whole amount required are saying it for a reason. Think of the progress as self building a home... Parts get done, mortgage lenders release more cash

That's the thought process I now have with regards to it