Member Info for Gertfrobe

Valley the UT trade means absolutely nothing, please look it up.

In an open letter to Sirius boss Chris Fraser and Anglo chief Mark Cutifani, Odey said Sirius’s most recent accounts in September show an equity value of £893.1 million, 120% above Anglo’s offer.

Odey’s fund manager Henry Steel said: “Odey struggles to see how the board of Sirius, including the CFO, can recommend the offer to shareholders as being ‘fair’ only four months after these accounts were published.”

He said Anglo’s bid fell way short of the valuation put on the mine by an independent report into the mine carried out by mining consultancy RPA: “The offer seems to make a mockery of both internal and external audits at Sirius.”

The alteration of the mineral transport tunnel coincided with the visit by Anglo American and subsequent destruction of the share price. Cf said AAL didn’t like the share price at the time.

Tony you know Anglo American had people on site in 2018. So it didn’t just happen this was planned.

Numptypi the poly is over 1km below the lowest point of the TBM drive.

Trouble with silver coins is VAT, and wide spread both buying and selling.

You had better pull your finger out.

“Production is scheduled to reach 10 million tonnes per year in 2021 and 20 million tonnes annually by 2026.

Fraser said output should begin in the middle of 2021, up to six months earlier than previously planned after the hiring of a new drilling company DMC Mining Services of Canada, a subsidiary of Poland's KGHM KGH.WA”

So far production is a few core samples.

And you have sacked DMC, you know the experts at operating the SBR.

Woodsmith needs two shafts to operate by law.

“The Hartley Colliery disaster (also known as the Hartley Pit disaster or Hester Pit disaster) was a coal mining accident in Northumberland, England, that occurred on 16 January 1862 and resulted in the deaths of 204 men. The beam of the pit's pumping engine broke and fell down the shaft, trapping the men below. The disaster prompted a change in British law that required all collieries to have at least two independent means of escape”

Woodsmith mine is turning into a Zeno’s Paradox, the completion date just keeps on moving further and further away.

The polyhalite mine and a 23-mile tunnel leading to a Teesside processing plant is under construction near Whitby, ready for completion "later in the decade".

What happened to first production in 2021, it’s now “later in the decade”

And how many did you get Chris.
nothing, zero, nil, zilch, zip, diddly, not any, not one, not a thing, no part, not a hint, not an iota, not a part, not a bit, f.a. sweet Fanny Adams, sweet F.A. nought, naught, nix, null.

The Sirius boss received strong support from existing investors.
Existing investors have wholeheartedly backed Sirius Minerals PLC's financing plans (LON:SXX) by taking up their full allocation in the open offer portion of the mine developer’s fundraising.

The North Yorkshire-focused group said it received acceptances for just over 185mln shares.

Chief executive Chris Fraser said: "I would like to thank our shareholders for their continuing support and playing their part in this important moment in the Company's history. It has always been our intention to make this provision available and it's good to see so many existing shareholders taking part.”

Post’s about Robert Jenrick meeting with Israeli billionaire Idan Ofer get removed very quickly, they say the truth hurts but it’s not going to go away.

After the disastrous conclusion to the company's stock market run, the remuneration committee chaired by former Business Secretary Lord Hutton decided in March that Fraser's share bonuses should pay out in full.

Fraser received payment for his bonus shares, worth nearly £900,000, in April, the company's annual report filed on Companies House reveals. Most of the shares had been awarded to him in 2018 and 2019.

He also received a £417,000 performance bonus for 2019 – 86 per cent of his salary – meaning he raked in a total of £1.3million in bonuses since agreeing to the Anglo deal.

The company said the payment for performance would have been higher but it decided to withhold the part of the annual bonus which was linked to securing funding.

Looking forward to this David.

https://www.thisismoney.co.uk/money/markets/article-9027621/Sirius-Minerals-faces-legal-bid-shareholder-group-rescue.html

This is the pub the alleged incident took place, there was a lot of money made by a few people in the know.
It stinks!
http://www.bayhotel.info/

“Last time I saw fair value from this source, I think it was £4.40”
Aus, was that before Covid ?

“Lots of messages about investigations“
Sirius Minerals launches probe after claim insider 'discussed takeover with a barmaid in a hotel bar' Sirius Minerals has launched an internal investigation after a senior worker was allegedly heard discussing the controversial takeover by Anglo American with a hotel barmaid before it was publicly announced.
Chris has your probe got lost? Do you actually do anything you say?

Aus
“Their satellites are not geo stationary (low orbit)” low? Geostationary orbit is 36000km above the equator.
Starlink is in an overcrowded low Earth orbit around 400km.

“Gert - is there a motor “
That’s an understatement, watch the video.
https://www.tesmanian.com/blogs/tesmanian-blog/starlink-teardown