Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
yes it was in moneyweek, after which and a bit of research I've just bought a tranche here, lets see how it goes.
Yeup. did it again :-) right back on my head for another couple of weeks.
Hi Bucky.
I notice you chose to highlight the "bankrupt" part of my post as opposed to the "counter bid" part of my post.
While you know your stuff you always come down on the side of, it'll be sold, it'll be bankrupt, PI's will loose their money unless they bail out now ...
I know you have an agenda, just trying to figure out what you get from it, unless you get paid direct by the post by AAL :-)
On the good side I've heeded some of your advice, and my other holdings are much more balanced and starting to do weil, so have to thank you for that.
Hope.
There very well may be, however we are probably not going to find out until things are moving at which point if you are not holding you are snookered as you will not be getting back in easily.
I'm holding my last until the end.
worst case I think, the shares are sold for me so I get my money back.
best case I still hold while there is a counter bid and the shares go up.
Bucky, I know you will say worst case SXX goes bankrupt and I get nothing, however I don't think it will come to that as II are grabbing shares for some .... unknown ..... reason.
Nice Neil.
Jon the club, it took a £66K hit on this, still don't know if I did the right thing bailing out, I'm still holding £5K to see how it all pans out, I could buy back in, or not ... but I'll kick myself even more if there is a better offer.
In a round about way I work for the FCA so don't hold any hopes of them guys helping out, that wont be happening.
I guess you've paid your money, you make your choice.
Yes, but it highlight the fact that its "easy" if tunnelling can be such a thing. Other interested parties would find this useful I would think, another potential suitor in the wings would help the current SP I feel, help me cut some losses anyhow.
Just as a matter of interest, though I'm mostly out of this share I still hold enough to keep me interested. Does anyone know the progress of the tunnel .... to my knowledge there has been nothing issued for months. Based on how the management have been treating the shareholders I can see the deal going through, and a "by the way". The tunnel is about 50% complete as we've been tunnelling through really soft redcar mudstone, if that sort of information was available it could interest others and not give Anglo a free ride in. Sooooo.
Does anyone know how the tunnel is progressing ... and how far in it is .... ??
I heard he was taken out by a high velocity frozen reindeer turd the following night ....
just been back there again as well, looks like they are still after a mining licence. wouldn't touch them with a bargepole.
modsto123.
True I was just looking in though, I've got no intention of buying any of that stuff though :-)
Hi.
As a refugee from the SXX debacle I thought I'd just look in here, I see share price forecasts of £2 +.
I've not looked recently but last time I did this company was still after a mining licence, I take it has one now ?
Fred.
I'm doing the same, extracting myself from this mess and picking funds and dividend payers from now on..
starting with funds ... vanguard, scottish mortage investment trust.
bombed out blue chips BT Reckitt Benkiser
but mostly funds.
not quite as exciting as SXX but I'll sleep better.
https://www.gazettelive.co.uk/news/teesside-news/sirius-minerals-jobs-wave-still-17603789
"Anglo American revealed it had been in talks with Sirius Minerals for more than a year."
GGGGGNNNNrrrr !
https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Fmining-energy%2Fgina-rinehartbacked-sirius-minerals-agrees-to-anglo-american-offer%2Fnews-story%2F083673cee8a8ae739f6de9b0fcf3fd61&memtype=anonymous&mode=premium
Not seen that anywhere but gina / han**** is voting for the deal, which she would do, as she owns a lot of the assets.
Likewise.
I'd be surprised if there isn't a last minute bid from one of them, at a higher offer to Anglo, even if only to stop them from getting the asset so cheap.
Fred.
Best of luck,
I've just sold a bunch of mine earlier, no you have got me thinking as well ....
Doh
still holding £10K though in case someone does roll up with a different ball.