_Delusion Continues9 Jan 2020 15:26
Norges and Quataris are not coming, it was always your imagination on this board and never a real business proposal. To be frank, they won't even feel it considering their size. It was always a risky punt in their portfolio, they will write it off and offset against the core income generated through their well diversified portfolio. Not a big deal for them and they spend considerably less time thinking about Sirius than many here would wish. Boris' perfectly happy too - taxes will be paid, locals employed. Nobody cares who will pay taxes and who employs locals as long as they are paid & employed. No risk to taxpayers' money. Happy days. Sorted. Anglo American does what anybody else would do - takes advantage of Sirius' critical position. Gina's fine too - AA may want to pay her off. This way or the other she'll be in profit. LTHs count on miracle now. Let me tell you something, miracles don't happen and especially don't happen in the business world. Fraser's incompetence, naivety and oversized ego dragged the company on the verge of bankruptcy where he's about to sell us for 5.5p per share. I don't even think he tried too hard during the review and it was more necessity than a real attempt to save the company. He already knew the moment the bonds failed hence the whole insecure nonsense about "maximising and maintaining shareholders value". He's not stupid and started covering his back early, he could sense what was coming and there is a possibility of him ending up in court. What a disgrace, what a failure. The cavalry's not coming I'm afraid. The quicker you come to terms with it, the better for your sanity. We'll be lucky if we get 5.5p in Feb.
KOH