Member Info for jakeandelwood

Rarely post and have been avoiding this board in recent times, I realised after the drop the sort of reading to expect. I myself are a long term holder and have balanced investments in around 8 how chip shares plus Sirius. On that basis I am fortunate to be able to sit and wait ,win or lose for this one. I therefore believe I can have a balanced view.
To gloat at others misfortune is clearly wrong, you can't control these people so don't bother. Once you've experienced a potentially life changing issue health or otherwise you inherit a wisdom never before experienced. Life is a journey fuel of pitfalls, it's how you deal with them. Control the things you can, not the things you cannot. My heart goes out to all those who have lost significant sums, hopefully they will have time to retrieve the situation.
One thing to throw in the mix, open thought ,not ramp or derail. Sometimes you need to step back and take a different view of events. How large financially are the contractor? They are carrying an awful lot of the build risk albeit for a premium price. What are the chances of them being the "strategic partner" ? Could they find the build to completion for a return from Sirius? As someone has already suggested,o ce the main build is complete the risk reduces significantly.
Just my thoughts ........shoot me down !

Have a great weekend all

Spot on Ted but youre wasting your breath ........and it's all happening on Friday 13th lol . Let me guess the wording....Cyan have received an order for X small amount which we are confident will be expanded......cash for working capital. Sound familiar?

https://m.youtube.com/watch?v=45_vgTv7_xE

It was the Indian political situation, the embargo in Iran............. incoming Brexit problems in the UK lol

.........would you feel don't CC are in a financially stable position to deliver?
(Hit button too soon on previous post)

As a customer looking to place an order you would need to ask yourself a question

Morning Ted . You put it far better than I did lol.

How long can it go on for though? The figures about share price made me chuckle. Just shows you can make numbers look like anything. LOL

Can you smell it yet??

In my opinion the BOD don't give a second thought for PIs anymore than those who come on this board ****ging the company off for their own ends do. Anyone who believes different must be deluded. Before anyone asks I am a LTH and have never sold one single share. You pay your money you take your chance. That's reality.

Based on the fact most of the people mentioned have moved on it looks like poor journalism/click bait.

And they don't have any resilient servers to switch to? Any FTSE company would be the subject of a serious ar5e kicking and financial penalties for this kind of IT failure.

Results Day Lol

https://m.youtube.com/watch?v=DBbuUWw30N8

Very well written and in my view realistic summary Myo. LTH myself and will now let this ride. One thing did occur to me though and happy to be guided by those more knowledgeable.
In the scenario that the bonds don't get away would the company go bust? There are some big players in here as well as a large number of PIs. What amount of share price dilution are we talking about? We know the resource is there and the infrastructure is well advanced. Surely short term dilution would warrant getting the mine to production even raising from existing shareholders? Or is that being too simplistic?

The last paragraph was the most ridiculous statement ihave ever read lol .

Just to be clear TT. Are you saying the CC self-healing option could add prevented the power outages on on Friday??

It's also their responsibility to limit the impact. Would everyone rather the whole grid failed? Systems are in place to reroute and take things offline automatically,my view is this is what happened and the fall back worked fine. Like all quangos OFGEM like to make a name for themselves but are in the whole incompetent.

Tony . They are a profitable company.......it's that simple

Best me to it Colour. You missed their BOD made some sensible decisions.

And they pay dividends. They will also be right at the front if ever smart really kicks off. Maybe they could even swallow up CC lol