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And to add insult to injury, we are not able to offset the loss made on this investment if invested in an S&S ISA against any other CGT of any other investments. I cannot really understand the government with this one, they have wasted more money on a railway that has not even been built yet, and some some wonder will it, and if so when, yet this investment would have placed money in the treasury from all sides for many years to come, AAL are not wanting to buy a lame duck!!!!!
Not much to be said, except that the board should be held up for misleading the shareholders, drawing of big salaries yet knowing what was going on in the back ground, recently offering us all shares in order to get more capital but by them time possibly to find another suitor while there is work going on in order to continue to build the mine. These guys along with other boards who take the small investors money yet benefit themselves should be held to task. At the endow the day, they looked after themselves, in more ways than one, after all, correct me if i am wrong, the shares that they have, would not have been purchased with there pension fund, like a lot of us I am sure!!!!!
Is anyone aware of what sort of activity is happening at the mine, does it seem to be ramped down or at the same pace. Is there anyone on here that provides services for the workers, what are they say?????????
If anything!!!!!
wooooops you are right ivnvestabit, although it is still a sum, ok its approx 10k which is a lot less than what some on here maintain they are down
The CEO purchases £250000 worth of shares, a brokers says its a buy, will someone please explain, these are normally considered good signs, but in this case who knows.
Get of you back sides and sign the partition, its all we can do at the moment and see!!!!!!
Where else would this happen, I can see an Oligarch coming to the rescue, but not for the small shareholder
Everybody, get yourselves her and sign, get you grandmother to sign as well as her grandmother
People power, only need 100000!!!
https://petition.parliament.uk/petitions/269824
While we are wasting time moaning on here we could be lobbying the Boris, as there may be a small chance he is not aware of it and it hasn't got a past the desk of some Whitehall Neanderthal, after all there is an ex Labour MP on the board (Lord Hutton), so they may not be willing to help, although it could be a kick in the teeth to Corbyn if they did.
So instead of sweating on here, put it to good use and email. Having seen the posts on here, there are some good narrators who would put up a convincing argument to back a world class project.
Yes I am one of the 85000 that stand to loose a tidy sum, so II have already lobbied him, so put your best finger forward and see what we can do, otherwise the Chinese or the Middle East will eat it up!!!!
boris.johnson.mp@parliament.uk
Instead of averaging down i call it dumbing down in companies like this as us like people know nothing compared to what the big boys are aware of!!!!!
I would like to have the same level of faith as you donotpanic, although this will happen, but I believe at the expense of us 85000 odd small shareholders, the main beneficiary of this is big money, not us, wait and see
It has been said that CF doesn't have much experience of running a mine and Sirius Minerals is not a mining company as yet, although they have a world class product that is required (with forward sales already in the bag) as the population of the world is forever increasing who need food, people are trying to go away from synthetic fertilisers, we have a natural product in a mine that has a lifespan of 50 years, which may be along the same lines of the initial prospect of the North Sea, but yet we seem to be happy to moth ball such a project or sell out to forge in investors, what f...... planet is UK PLC on. While i appreciate the govt is not there as a backer of industry, but they helped out the banks, they helped to create the current climate and lack of confidence in UK PLC by creating BREXIT and wasting the best part of nearly 4 years, billions in the process, taking there eye of the ball in running the country, and generally thinking of there own self gain and short term picture!!!!
£7.5 billion so far wasted to not lay a rack so far, yet wouldn't invest in a project that will directly give just as good a return as satisfaction to more!!!!!!
I agree, as do many i imagine, lost money in HS rail for an island, this only really works in a big continent, and does not help with getting freight of the road, yet Sirius have a project which will earn billions in revenue for the Government, not just through profits direct from the company, but tax receipts from employment direct and indirect as well as UK PLC having a product that the rest of the world wants in abundance as population is increasing and putting UK back on the map to break away from being seen as a country which only provides services, but actual commodities and help to drive the Northern Powerhouse. Maybe its a case that possibly the MPs don't have a self interest in this project.
Does anyone on here know if Barclays Stockbrokers trad in SA shares?
Sounds like general concensous is to hold on to you Lonmin shares!!?
Being a newbie and somewhat lacking knowledge of the stock market, as it is a sharks game to say the least!!
The way i understand this share is that Lonmin have agreed a sellout to Sibanye-Stillwater at some date in the future, which the price is lower than what it is currently.
Question is, is this the case, or is Lonmin still going to be a separate company and trade as they are know on the stock exchange and we may see a revive in the share price?
I would love to hear the thoughts of those with a better knowledge.
Thanks
Did CF not at some stage that the project was on time and on budget, while I appreciate that miscalculations can occur, would that not be the fault of the planners!!!
Also, which do we need such a long tunnel, is there not another mine close by that transports the product over land by train!!!!!!
And also, to be out that much at this stage is diabolical and to be frank, certain heads should role
There is not many, if any at all, infrastructure projects (private of national) have been brought in on or on budget in the UK, we had a similar announcement last week, and by christ the "Vanity Project" that is/will be HS2 will be similar and end up crippling us entirely. So nothing new here, as well as the little man being shafted, I guess its a chance for the big boys to top up!!!!!
The brokers are full of ****e, we have just bought in to Russia, this is be influenced by the big money of Russia and watch it there will be some sort of a buy in from Russia, only yesterday EN+ saw profits rise, sanctions, what sanctions, the big boys are doing what they do best, influence the market and sod the small guy, and what for, you can only live on one island at a time and sail in one yacht and drive one supercar!!!!!!
Don't really get this Purchased a mine that ok there are certain sanctions going around,but Trump & Putin and the trade war will be sorted, then they announce a dividend, short sellers should be shot,they make life shit for us near mortals who cannot be fixed to the screen and message boards all day!!!!!!