Member Info for Forseti

Happy that the Gina funding of US$250 is available, but we still need the other US$500 for the tunnel changes, so dilution is still on the way methinks. As Gina is getting shares at 20p as per the original decsion do we think that the new round of funding will be issuing shares at 20p as well. Open for discussion. In the meantime I'll get my hard hat on :-)

A lot of the city I would guess :-)

No wurries if you are in for the longterm. I don't post very often but I check the board every day. I was trying to sell this morning at 08:02 but no chance, as I couldn't I've just topped up again, once another 3M worth of torps come through it will drive the price upwards again, albeit tempered by any future placings, I think we are close to the bottom still so its a good time to go 'fishing'.

You pays your money you takes your chance.

Long term here, You win

GLA. :-)

Whatever the dividend is

http://www.environmentreports.com/enough-food-for-the-future/

The need for Polyhalite will be increasing, as will the dividend. Though I may not live long enough to see it :-) LOL

But the kids will.

been a holder for a couple of years, managed to buy my initial chunk for 7.5 per share, currently have an average of around 22p per share. I tried to deal a few years ago and manage to loose 16,000 shares, so now I just hold.

In fact my last was incorrect (according to wikipedia) the only stuff being mined is in North Yorkshire in Boulby.
https://en.wikipedia.org/wiki/Polyhalite (see production tab).
There is a deposit somewhere in mexico, but its small, also looks like its not producing currently. Again if / when it comes online, economies of scale ... etc etc.

ICL / ICI :-)

Hi SweetWoodRuff.
ICL will not really be competition, Sirius will have economies of scale, and new technology to ship the product at a lower cost, so they will claw back any market share that ICL may build up, also they will easily out produce them. There is also a similar mine in Mexico which can produce Polyhalite, again its the same thing, Sirius will outproduce them (once the mine is up and running ) :-)

Hi KOHD. Like I said its a guess, its as easy as ABC. A) FTSE 100 company by then. B) The 'current big boys' (RIO, BHP, GLENCORE) would be interested by then. C) There is only one Zechstein Sea, so its a unique asset which will be a cash cow for years. Thats it from me :-)

Hi Hitman. My best Guess, and its a guess. Jan '19 �0.50 Jan '20 �1.00 Jan '21 �1.50 Jan '22 �2.00 Jan '23 �2.50 Jan '25 �4.50 Jan '28 �7.50 +

Yes most places don't invest in the IT infrastructure (as its a cost, and benefits are not immediately obvious) so the infrastructure gets past its sell by date. Staff get sick and leave, and knowledge walks out of the door, then when they try to do an upgrade (ie TSB) they hit problems, any of the big banks, Lloyds, Nat West, RBS, etc etc, will be facing the same problems ......

Hi. Just spottted this. http://www.proactiveinvestors.co.uk/companies/news/192978/sirius-petroleum-looks-forward-to-ororo-drilling-as-programme-is-green-lighted-192978.html