Member Info for debtnmarrijslave

Excellent, let's see just how big that pot of gold at the end of the rainbow is.

Yeah, not stumping up another penny.

More buys than sells and the price drops means more smaller volume buyers buying from fewer larger volume sellers.
Large volume sells needs more of the same size buys than a smaller volume to fulfil the transaction.
Am guessing that when large sellers sell, that has a negative effect on the market, even if smaller buyers mop it up. (and vice versa).

How about, if you invest in SXX you're "madder than Mad Jack McMad, the winner of last year's "Mr. Madman" competition."?

...another ramp before another big drop, probably.

That's my expectation set by the pattern of the past year.

Headline: "Sirius Minerals drops out of FTSE 250, analyst says plans "pure fantasy" ".

Can this really be true? Are the plans pure fantasy?

https://www.proactiveinvestors.co.uk/companies/amp/news/905467

And for the avoidance of any ambiguity, having or expressing plans - or in this case, what would be more accurately described as avenues they are trying to explore to establish plans - is different from knowing how they'll (to quote my post) "turn out".

81,
"And you know that how?"

Well, as everyone's aware this is now such a hugely high-profile media story the information on how they believe their recently announced strategic winding-down and financing plans will turn out would have been confidently delivered by them and in the public domain by now.

Still speculation dominates this board, rather than facts.

An investment in Sirius is 100% gambling, nobody has any idea - not even the BoD - which of a hundred ways this will turn out.

Just remember to spread your investment risk sensibly before you get carried away with the myth of Sirius.

Given the advance warning IIs have had with past news, if they had secured funding the sp would have jumped significantly back up by now.

If you think that sort of news would be broken, or even that they'd be able to allude to it with any basis in actual progress, on The One Show before the markets, then... Ah well.

Sheps, it's actually just turned into a blame/gloat board. Losers blaming others for their loss/paper loss, gloaters bragging.

That's what you get in a disastrous situation like this though. I'm only here out of bemusement (though I do still have a few hundred quid of pension invested, this board doesn't tell me anything worth knowing about Sirius any more).

Excellent point Alan, well made. Sorry everyone, I'll try to only see the positive side of things from now on.

Pop, not really odd - just another day of the brokers pumping up and driving down for their clients to make money off the little guy.

OK, thanks Taty

Did the BBC report go into how it's going to be financed and how much of the business the new investors will want to take in return, or what the risks of the build costs and timeframes increasing over time are?

Right. And how have they explained that one, I wonder.

Someone on here (yes, I know, I know) said ST1 was meant to finance the shafts. Is that right?

About time one of their parties were cancelled after the 20p, 15p, 11p and 4.5p.

...so little fact.

... And down again. Still, if you were in on this morning's first thing plans, you're quids in. Now they're selling out and taking profits, as predicted.

As someone. Else said, hope some of the thousands of LTHs were able to buy and sell this morning to offset some of their huge losses. Doubt there were many though - this sort of activity has to be mostly IIs.