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If we get another SP rise tomorrow or it holds i will be very surprised but it would be a nice way to end the week
I also lost a great amount of money with SXX as did many members of my family , sold a big loss and put into BIDS and hope this turns into a good investment otherwise I will stick to PSBonds, life is a gamble and as they say "you have got to be in it to win it "
Its a disgrace the way Bids SP is being manipulated , the rich get richer at the expense of small share holders , will I never learn ; pump and dump is the way AIM works , the trouble is the culprits are always one step ahead I WONDER HOW . COULD IT BE THE MARKET MAKERS WORK HAND IN HAND WITH THEIR CITY BUDIES IN THEIR GENTLEMANS CLUBS
or should I decimated , sold out at 4.9p massive loss , I trusted the board of SXX to deliver and they did sweet FA so much for CF and all his contacts, used PI to finance early stages then said he wanted to reduce the number of PI well he should have said that in the first instead of selling us out to his w nker banking mates . Yes I think the mine will be built but PI will be diluted to make your holdings a pittance of what we paid. should have known never trust a banker they always look after their mates .Good luck to all who hold and good look to all who have flown the nest
come on SXX stop shafting us what the hell is going on ????? its worse than Brexit At least Boris says he is confident on getting a deal , what do we get from SXX sweet FA only silence but of coarse the fat cat bankers will be rubbing their hands at our expense I can see my holding being decimated before my eyes and can do absolutely FA , hate to think what the SP will be by the end of the week if we get no positive news
On three previous occasions we have had our hopes dashed seeing the SP CRASH when we had told finance was all but sorted . I am getting that feeling again that we are about to be screwed once again , hope I am wrong as I am down 59% and would hate the corrupt money markets to profit further at PI expense
Posters saying " don't Panic " and hold tight , my family have been doing that for the last 3 years and what have we gained nothing and what would be our loss if we sold today £30000, best to describe my position as resigned to possibly SXX selling us all when they try the re-issue on the bonds , I used to think it will be OK its gone to far to fail but I am now having doubts if the bond issue fails we are all in the sh-t up to our necks . I AM HOLDING BECAUSE I HAVE NO PLAN B AND PRAY THAT I WILL AT SOME POINT BREAK EVEN , GOOD LUCK TO ALL THE LTH AND START PRAYING
SXX are at the mercy of corporate greed , no doubt the big boys will make their move soon as I am sure they will want the mine built when they can buy it at 6p a share . What a shame that our government did not get behind this project and give guarantees to aid funding . I am sure CF knows whats coming we are once again stuck in the headlights , what I did not like about the RNS was the lack of hope a stark statement preparing for a sell out
this was inevitable once it was stated share issue 15p to 18p it was always going to drop to the lower end exactly the same as last time , I should have seen it coming , it will take some stunning build progress to get me back to black . lets be perfectly frank the lenders had us well and truly by the balls and Sxx had no choice but to give them the sale of the century
can see it coming hope I am wrong but why release TORP info prior to ST2 funding info if funding was in place or even close announce both at once, I smell a rat
stop being a Mr know it all making fun of LTH who did not have the wisdom to sell prior to drops , we do not have your crystal ball . We are not day traders just hoping that our faith in SXX will bring us rewards in the future
Come on HUR give us a clue we support you so a little info would be most welcome
We just need confirmation of next stage of funding the MM have priced in the worst scenario but when it is announced the scales will start to tip in favour of investors the smell of gold will tempt the big money. The tipping point is so close and I hope that our patience will be rewarded, it is crunch time so lets hope the waiting will soon be over as the longer it drags on the more doubt so come on SXX "sort it "
I would have thought that we would have in place a clear path on when, what type and it seems that CF does not know himself we need news
logged into my HL account at close today and for a minute it showed SP at 53p then went back to close price be interesting what open price is on monday
I have been through it all with SXX and put my faith CF to deliver on funding he has all the contacts and experience and would not like to think he is looking after his Banking mates at our expense but I am having my very serious doubts with the way the financing our the mine is being presented. one minute it is all progressing well then the bomb shell of the last news that nothing has been sorted and we could run out of money after quarter 2 . he may have not said it in those words but that is the position we are in . WE need to know if we have letters of intent or how SXX intend to raise the $400/ $600 million , it is wrong to keep us dangling by the !!!!!!!!! just get on with it SXX and if its dilution it would be better than uncertainty and we can move forward
What we have now is stage 2 stage 3 Stage4 and don't know where the $400/ $600 million extra needed sits in all of this.. Its worse than Brexit nothing agreed . I am prepared for the worst deal the lenders have us over a barrel and current investors will pay for the price for the mess. WE will get no certainty until the final government guarantee covers the final third piece of funding and this could be a long way down the line.
I feel so sorry for people heavily invested in the SXX dream who will have sleepless nights, no doubt the mine will be built but at what cost to private investors .
I would put it at 99% funding will happen and the mine will be built , we have passed great mile stones , Planning , procurement , TORPs just the last piece of the jigsaw to put into place then there will be nothing to hold back steady rise in confidence and look forward to the countdown to first production . When we see the ATMs doing there work and we will see the worms progress and final breakthrough we will not be at 22p
Hope you post also relates to SP " heading north and building up a head of steam "
Great mention in last few minutes of SXX, Mrs May said she met CF in China and said the project is just what the Northern Power House needs but also said her discussion is commercially sensitive so could not go into details. This has got to be a pointer to future funding and government guarantees