Member Info for debtnmarrijslave

Yep, just sorry I didn't wait til now to buy.

Done and dusted yesterday, now 1/10th of total pension in SXX. No need for the money short-term, looking forward to seeing the results, long-term.

Can really recommend growing a pear with Poly4.

It must be the bright future.

Chilting, I think some of the posters on here selling scare stories would benefit from growing a pear with Poly4.

A comment from one of the game forums...

"I left home with Ireland 5/0 intending to watch one of the great test match finishes. They were two down by the time I got to the tube. 32/7 when I emerged at St Johns Wood. 36/9 as I entered the ground and the last wicket fell just before the hallowed turf [and JP Morgan ads] came in to view.

One of my less successful days at Lords."

Yeah, it's risky precisely because the BoD could pull another ST2-sized manoeuvre like you describe.

I think given the geographical nature of the business and the local vested interests, they would make a lot of local enemies if they did something similar to Quindell to sell those PIs short. But obviously that wouldn't stop them if they felt it the right thing to do for themselves and bigger investors.

Avocet, should it make anything happen? IIs don't see things like us PIs do. My guess is the sp is mainly driven by large shareholders pumping and shorting repeatedly. No significant level of net capital has flowed in without existing shareholders selling, so hence the sp doesn't rise. My layman's expectation is the big steps up in marcap (big rises in sp) will only come from really big news like bonds being sold, first production/revenues, entering the FTSE 100, etc.

Personally, I have full faith in SXX long term and am transferring pension in shortly. No concerns about it at all.

GLA and thanks to all the ladies and gents out there driving Sirius' life-changing project forwards.

Google's your friend.

https://www.proactiveinvestors.co.uk/companies/amp/news/224328

DYOR. Good luck.

"If II had the funds I would be adding right now"

Finally got round to doing the paperwork to open an aj bell youinvest account specifically for sxx. Pension funding will be transferred there in due course. Sxx are writing an absolutely amazing future for the area and the country.

GLA & absolute respect to all the long-term investors and Sirius employees and partners out there making it happen.

Re 09.38... A reasonable summary of the mood plus pertinent facts as usual.

Owning the future of the area.

https://www.thescarboroughnews.co.uk/business/sirius-project-to-improve-science-and-maths-skills-1-9880694

Find this stuff fascinating, thanks.

Surprised they got the fertiliser part wrong / missed the polyhalite element of increasing crop yield (~7-14%).

Sheep, for me, being "on track" implies JPM lining up investors because the bond sale couldn't be completed without lining up investors.

Of course, in a sense until it's formally done, it's not done. But playing devil's advocate I'm clutching at straws when I question that statement in the context of the entire picture.

Very very happy to agree to disagree on that point though.

Quite an unambiguous statement here for starters.

https://www.proactiveinvestors.co.uk/companies/news/223176/sirius-minerals-confirms-us38bn-stage-2-financing-on-track-to-complete-by-end-of-september-223176.html

Cas, I had no idea about all that, yet my assumption based on common sense about the strength of the project, strategy and % returns was also that the bond sale is probably all but done. I'm prepared to take a big chance on that hunch and transfer parts of my pension into SXX on Monday.

Thanks for your posts.

Lawrence,

In a word, no.

Beer, I remember the high 40s. I remember recommending SXX to a newbie just before that when it was low 20s and his sell timing was so lucky he made the cost of a family holiday out of it in a few days.

He lost a similar amount when he then piled back in at 40p mind. But he was happy in the very short term anyway :-)

#stupidfathobbits

Onwards, upwards (sp), and of course downwards (mine).

Seeing 16.69 on Google finance...

Moreover I'd go so far as to say what ICL did is at the very pinnacle of selfishness given that, in time, literally millions of lives could depend on SXX being productive.