Member Info for duracellAA

This is from the RNS
"The Company is working towards obtaining firm commitments for the Alternative Proposal and its additional financing requirements before the end of April 2019. The Alternative Proposal is subject to the finalisation of the Financial Institution's due diligence and internal approvals.

Further announcements will be made in due course."

It does not say they will give us an update at the end of April just that they are working towards commitment letters by then.

The good thing about the short position reducing is it will soak up some of the capital shares that are being sold if it is them.

Appychap, I think most are looking not for a spike but the price to rise above there average share price as confirmation that they made the correct decision to stick with this share. That's what I am looking for and not planning to trade. Good luck to those that do trade or short each to there own.

I think Guy Martin should be the presenter.

Google search for "Sirius Minerals digs deep to make $5bn fertiliser mine a reality" for free access

It would be good to get these four, I have decided not to expect anything before the month end as to avoid the disappointment. The SP will just take another tanking as the disappointed sell up and move on.

From the animation of the TBM it will push away from an anchor positioned at the start of the portal and will line the tunnel even tho the first 125m has been dug out and lined with shotcrete. If there are 6 segments per ring it will require 500 segments just to get to the end of that section. So they better crack on with segments.

I do not believe the whole project is 2 months ahead of program just some parts are further ahead than others while some maybe behind. I know it was stated at the TBM launch that they were 2 months ahead but to balence thinks up is Lockwood beck or the MTS shaft or even the borehole casing extraction ahead or on program so to this end I do not see them saying anything in the next update other than on program after all there is still 2 years plus to completion so I think this will be the standard statement for the next year.

I for one are not sure how all the financing for stage 2 will turn out but this statement in the FT article has cheered me up “We are pretty confident we will get there,” it has played on my mind for a while and even discussed selling up some shares to reduce exposure as I am still 100% all in on this project. I guess we have not to long to find out but I also expect April to come and go without it being complete. I hope dilution is low.

What time is the TBM naming ceremony at tomorrow. Nice way to finish the week off a bit of PR.

Trooper Will be named this Friday according to an article below. So not long until launch date, I thought this day would never come to be honest when I first bought into this share about 2 and a half years ago. Next will be the winding gear.

The 20Million was off loaded last week.

I believe he stated he would not be available to do this today.

21.00 +0.54 (2.64%)

https://youtu.be/TNW1M-bOC_U

Not what but when.

Myo, Do you think there is a problem with the VSM in the MTS shaft getting to 120m or do you think it is beyond the 120m and they are going further. How much cable was on the strand jacks is the question.

If it goes to £2.80 before first dividend I will sell, otherwise hold for dividend then split half dividend on more shares and blow the rest on something I don't need but deserve.

https://youtu.be/rHHlceUzhR4 worth a look

Plus they state US$3.5bn and not US$3.4 to US$3.6bn or is that just wishful thinking.