Member Info for DGR1980

yeah its been a long time coming

It includes a video of the machine going into the portal and drilled materials coming out on a conveyor

Following a 500 mile jounrey to #Teesise & a period of assembly & commissioning, Stella Rose has just seven miles left to travel. She has entered the #tunnel portal at #Wilton and commenced #excavating towards Lockwood Beck

The best thing i can see over the last couple of weeks is that its been a nice gradual increase in the share price.

No spikes where we see people dip in and out with 10% profit, just gentle growth

nice

And there are some here that are in the mid point of their working lives, who want to have a pension that pays out good income for when they do finally get to retire

Not sure that necessarily applies to companies

Its definitely trying to move this morning

Actual spread is 1.79 to sell and 1.798 to buy

isn't it lovely to see all these new people popping up to warn us of the risks of investing?

Doesn't it make you feel all warm and fuzzy inside that so many people clearly have our best interests at heart.

As i said yesterday VincentVega - I'm happy with the level of risk here.

And from my point of view it makes perfect sense to be holding for dividends, given the average i have. I could see well over 25% yield on my average price when running the numbers. Way i see it is a couple of years with no dividends pales when compared to a 100 year mine life with that sort of yield on my investment

Chrisat -I'm also hoping for a token divi to start by 2023 -2024, but to have ramped up to 5p-10p by 2030

I was working on 5-10p by 2030. That still feels very reasonable

He's right

20,000,000 *120 = $2,400,000,000

$2,400,000,000 / 10,000,000,000 = $0.24

Get yourself a nice electric cat Fred. The quiet will help with their hunting

Mazda - 125 million shares not enough for CF to be holding? I mean having £19,750,000 worth of shares is probably enough no? After all even 1p a share divi would give him £1.25mil a year in divis

Fraid not mazda-babe

I'm well aware that there is a chance that the bonds won't be sold in September and everything will go tits up. However looking at the IIs that have bought in (2 sovereign wealth funds for starters) I consider the risk to be smaller than you consider it to be.

Therefore i'm happy with the risk / reward ratio. You might not be. That's fine. Don't invest. I am happy with it. I'm invested. I have SXX as an appropriate percentage of my portfolio.

To be honest i'm not entirely sure why you've decided to pick me for an argument about it, as i'm really not going to be swayed in my opinion. I've been invested and researching here for several years, and this is the share i'm most comfortable holding in my portfolio

And just to clarify mazda-babe - if my divi calculations are correct in 10 years time I expect the divi yield to be about 30-40% of my average price.

To me the potential reward is worth the risk

Its risk / reward mazda-babe.

I have the holding i want, at the proportion of my portfolio i'm comfortable with. I don't care about 2p up or down, or even 10p up or down. I won't be trading it regardless as from past experience my timing will be shocking and i'll end up with less shares.

You might not agree with the way i do things, but again i don't care. That's nothing against you, or anyone else who wants to be trading.

The thing is this is a long term share. It'll be a couple of years still until 1st polyhalite. Lets not worry about intraday movements

Who cares about the sp?

Its all about having the right number of shares when divis start. Never been so calm in a share thats had as big movements. Its very freeing