Member Info for jimmy1305

Well obviously it physically cant hit 5 pounds. We'll do extremely well if we hit the predicted 2.00 per share.

That's the idea Jones! I'll keep going. I've got 80 coming out into NEST as well per month so should be a nice little retirement pot!

That's the idea Jones! I'll keep going. I've got 80 coming out into NEST as well per month so should be a nice little retirement pot!

I know its insignificant but im about to hit my target of 10k shares. Its taken a bit of scrimping and saving but I put my order in today. Thought I'd share! For anyone else is a similar boat just keep accruing little by little.

Stop trying to read into the share price as if it magically means something. It will rollercoaster until it actually has something to sell. A sp from a hole in the ground isn't going to aboven 50p imho.

Not currently invested as all my money is tied up in SXX. Just thoughts I'd pop over and see how this shares doing? Is this worth a punt yet?

IF it reaches 1.50? The valuation was 2.60 if memory serves.

However, investor sentiment does affect share price movement, particularly when speculation is concerned.

Do you guys not have jobs to go to? Jealous.....

yeah, i mean to be fair, if the SP stays at this depressed price for a couple of years that would be the ideal situation for a buyer. But obviously the stock market fluctuates wildly!

If you've got less than 100,00 shares essentially this isn't really worth it. The projected full production cost per share is something along the lines of 2.60 odd. Full production is 2027? something like that. I've only managed to buy 10k shares and that's taken the best part of a year. 1000 shares per payday. Then you have to think as the SP creeps up to say, 40p for example, that's gonna be 400 quid per 1000 shares which will be impossible for the average working family man. All I can do is keep buying what I can every month. I'd really like to make big bucks on this thing but unless you already have the funds to buy this in big bulk it's next to impossible. If however this was projected to hit 5 pounds a share then i'd be a bit more excited :(

Try not to get too carried away when you see articles about the mine 'making progress'. Ultimately it will be successful. What we should be concerned with is public vs private ownership and/or dilution.

Same. I topped up the other day. Turns my stomach that the company could very well have to do a round of fund raising diluting me to next to nothing if things go tits up though.....

Yes, one would assume after the bonds are sorted, we'll be back up to 20p.

As I've mentioned previously, these day to day conservations regarding daily share price movement are irrelevant and a waste of your time. We're not seeing a £1 until at LEAST 2027. If you ask me the share price is correct for a company that isn't selling anything, needs to borrow left right and centre to survive and has its future in doubt. Just relax, put your money in and forget about it :)

Just topped up again.... ah the lures of gambling, the prospect of that big win. Hopefully this will pay off. Disclaimer - money I can afford to lose. Do not borrow to invest and certainly do not re-mortage your house (it happens!)

Fabulous buying opportunity for anyone with B***S of steel. Such as massively uncertain time and anybody that says the bonds will be sold 100% no problem is talking out their a**e. This is big money we're talking about here. I'm not selling but nor can I bring myself to buy at this stage. Kudos to those that have and I hope it pays off!

I like to be the voice of reason in situations like this, there is absolutely no point in flapping. So these are my thoughts. Taking fantasy and the nice story of Sirius and everything the company has achieved so far out of the equation, the situation gives us a logical framework with perhaps two or more possible outcomes. Dilution or private ownership. I believe that better minds than us, i.e. Gina, probably saw this coming a mile off, hence her initial investments. I don't necessarily think we've been shafted, but I do believe we will incur big losses in the form of Dilution, a poor buy out offer, or the mine keeps public ownership with a substantially lower SP than anticipated. These are my personal thoughts, and in no way reflect the thoughts of the BOD. All the best.

I think you've answered your own question. My suspicion is Gina was 10 steps ahead of everybody and foresaw this. Nice easy takeover and it goes private in my humble opinion. No evidence to suggest this, just my gut feeling.

Yet despite all of that, here you are? I think that tells its own story too.