Member Info for duracellAA

Looks like the market see this RNS as a none event, back to 33.2? but I guess time will tell I think everyone wants the RNS about TorPs

I hope they get Guy Martin as the presenter.

PAAA, I usually enjoy your posting as I learn something from them most of the time but I am not sure what this one is about today could you please dumb it down for me if possible.

The very last part is interesting. "IHS Markit expects consolidation to continue in this market as companies continue to strengthen their market positions for growth."

Chesh, that is a great idea if you are young enough or rich enough to accumulate all the shares. I set a max price of 35p and been lucky to get all the shares I wanted over the last 20 months I do not thing 35p will be around for much longer and as this is my only share that I own I am well over exposed with this share. My plan going forward is to built a cash sum in case we do not get the debt only deal, if CF gets the deal I plan to look for another share and start to balence my portfolio going forward.

There will also be some who will just look at this from a number of shares times expected(hoped for) dividend and will not sell any whatever the price rises to in the short to medium term. I based the number of shares to buy on my take home pay divided by 10p and I am just 300 short of that target but as a few have said everyone has there ago and circumstances to consider.

Hi Sailorchief, I have been pondering the same question most of this week and can only conclude that they are not bothered about the progress of the mine at this moment in time as we do not have all the money to complete it, we also do not have all the TorP to satisfy the banks to lend us that money. I believe if and when we get to 6.5 Mtpa or above as mentioned by CF then they will start to buy in and only because the chance of dilution will reduce with every TorP and the increase chance of government guarantee been given.

CF confirmed during the conference call that there would be one agreement that all the lenders would sign and not separate deals for each one.

Good to hear that they are making progress during this great weather and will want to be 6 to 8 weeks ahead of program going into the next winter now they know how cold it can get at that location. I hope to dig out of the production shaft starts soon.

Some will be waiting to see what way the coin lands before buying in, I am fully loaded and out of cash and not going to buckle at the 11th hour.

Mark Carney was/is at the Northern Powerhouse Summit in Newcastle. SXX must have been talked about at that.

There will a lot going on in the background the list that CF mentioned during the conference call was very extensive it will be interesting to see how the news of deals are handled now due to negotiation about to start. SXX have been very watertight with news but I am not sure of bankers, the government (HMT) and all there friends. I am hoping for a TorP sometime in this month just to see it moving in the right direct.

MrMath,, not sure that it is being applied here I think only some people on this board have mentioned it.

When I first seen this being mentioned in the odd post I thought if was just a reference to a wild gamble, but I was wrong and after SpruceGoose2 mentioned it again I had to have a google.

https://www.investopedia.com/articles/investing/112514/monte-carlo-simulation-basics.asp

The link takes you to a app download page which you need to install to access the free section. 3 page article which I quickly scanned through.

The D walling animation has it at 60m which I believe to be correct.

The fixed price contracts will cost more than standard contracts as the contractor will have more risk, but the banks may still want a large amount for contingency for what ever reason. There may be other options that will reduce the over all costs such as the Redcar Bulk Terminal (RBT)

They will be cut to the full depth required.

The original blocklisting application was for 300,000,000 shares and of them we have that small balance left. I guess we will make another blocklisting application once we allocate this balance,

Happy to be proved wrong as I want them all gone.

This may also be the form work to cast the first ring to be installed in the MTS shaft as there is also a steel cutting edge within it. If you look at the VMS video at 1.10 you see first complete ring being installed by crane. That's my guess it could be the location of a vent for one of the other shafts.