Member Info for debtnmarrijslave

Thanks for splaining.

LL, yep, investors have been stung with refinancing/dilution. I take it you're saying that part of the reason the sp is staying low is precisely the fear of that happening again?

Re junk bond - can anyone confirm if this shows an accurate figure for the outstanding value of convertible bonds not yet sold?

http://cbonds.com/emissions/issue/265969

For what? Target price is ~40p, won't reach that for a couple of years, meantime all the potential value is very well known, so (barring no further bad news on financing, dilution, operational issues, etc) I have no expectation other than an average daily increase of ~0.03p. And those increases are likely to store up, as any perception of risk will disappear faster the closer it gets to the bond buying period closing (aug/Sept).

What were you expecting and why? Rise of 25% to 20p today?

But dog, presumably they are gradually increasing production capacity as a measured plan (perhaps this is decided by them to mitigate any unforeseen constraints; I'm not sure why the customer would ask for less initially if they could have as much as they wanted from day 1). In which case they are, in theory, at capacity even in the early phases.

I have no idea how they came to the decisions, but I have to wonder if they got the price too low given they've allocated their inventory so early.

As Mr Burns would say, Eeeeexellent.

I'm expecting 16p to take another week or two to breach. Then roughly another month for each penny. I won't be holding my breath for noticeable increases.

Average daily increase to get to average price target over 2 years = 0.03p.

Since May 22nd - average ~0.04p per day increase. On track.

Good thing the scenery is so nice on this trudge.

To get from 16p to 40p over two years would equate to an average SP increase per day of 0.03p.

Please elaborate on how they would manipulate the price and how they'd ensure not to be found out.

OK, I'll leave it at a couple of informational links, a reminder that Poly4 is hoped to increase crop yields by 7-14%, and a tongue-in-cheek proposal to make him the patron saint of Sirius.

http://www.agbioworld.org/biotech-info/topics/borlaug/borlaug-articles.html

http://www.bbc.com/future/story/20120210-is-this-the-new-green-revolution

I set up a "virtual shrine" to Norman Borlaug on here?

Myo - you're right about the comms.

Customers expect communication, just like shareholders/investors.

If you say nothing, people fear the worst. That's businesses' own doing.

Ah

Maybe useful for some, but the SP is always at the top of the screen for me and I believe most others...

They've just notified me by email - guessing this is the allocation/surplus cash return.

?? Will take a look around.

Possibly the perfect combination.

Found this interactive map which explains how the various sites fit together to create the Sirius operation.

https://map.siriusminerals.com/

...And now bought back in I'm guessing?