Member Info for KnockinOnHeavens

Perrins

This has to be a COLLECTIVE EFFORT. We all need to do our best. STRENGTH IN NUMBERS.

Vote NO.

KOH

Well done, Perrins.

Vote NO.

KOH

If it can be demonstrated to Sirius Minerals that the £460m could be
raised they will have to listen.

We are talking to the institutional share holders but need to understand
the private investor interest in raising the £460m.

There is a dedicated web site and brief survey here:

http://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more
interest there is the more chance of a positive outcome.

THIS CLEARLY NEEDS MORE PUBLICITY. Only a little over 1000 took part in the survey so far. PLEASE SPREAD THE WORD AND SHARE THE LINK WHEREVER YOU CAN. What's interesting out of a 1300 people surveyed so far the average amount is over £12,000 which is an excellent result. At that rate only 40k people could raise the WHOLE amount. THIS NEEDS A LOT PUBLICITY and should go viral and beyond this forum. At the moment not enough people KNOW about the survey which is clearly reflected in the number of people taking part. PLEASE SHARE IT WITH EVERYBODY and SEND IT WHEREVER YOU CAN - media, TV, newspapers, friends, family, ALL shareholders even strangers. PLEASE USE ALL CHANNELS OF COMMUNICATION AVAILABLE. Email, phone, social media, spread the word - STRENGTH IN NUMBERS.

KOH

Great post by cityslicker1000. Please read:

"I am greatly heartened to see the strength and volume for a NO vote being expressed by PIs on this BB. I feel strongly too and have consequently contacted HL, my nominee, to investigate how I can maximise the value of my vote.
I have previously posted regarding the vulnerability of SXX to a loss at the Court Meeting at 11:00. Remember, one shareholder, one vote. This means that your individual vote at the meeting, even if you only hold a very few shares, counts as much as that of J curve, Jupiter, Polygon, etc., despite them holding their millions of shares. Remember also that it is a 50% vote by number of shareholders voting and there are many, many more of us than there are of them.
My call to HL was very instructive and they responded to my questions (through a very helpful young man called Dan) as follows;
1. If you do not take any action to acquire an individual vote for yourself at this meeting you will be included, along with several thousand others, in the single vote that they can register.
2. If you make a request to them, they will provide you with a letter that will allow you to vote as an individual in this meeting. Your vote is thus very powerful.
3. If you do not wish to attend the meeting, they will provide a Proxy to vote on your behalf.
4. If you wish to vote by proxy you will need to give them at least 5 days notice to make the necessary arrangements.
I was blown away when considering the opportunity that this proxy option offered. Thousands of voters who might have lost their influence can be enfranchised."

Your vote MATTERS. Please follow the instructions above. The most important thing to remember is that the vote at the Court Meeting is where SXX is very, very, very vulnerable to a NO vote. Remember, one share holder, one vote. To do this, PIs with nominee accounts (HL, Barclays, Halifax, etc.) must firstly contact their account holder and request a letter giving them power to VOTE AS AN INDIVIDUAL. Remember, the vote is by a head count of voters, irrespective of the number of votes held by the voter. if enough PIs are able to vote as an individual at this meeting they will be able to win a 50/50 contest. Your e.g. single share holder vote is as important as e.g. Fraser's, Polygon's or Jupiter's. ONE VOTE. Please make sure you vote as INDIVIDUAL at the COURT MEETING.

PLEASE NOTE: the above only relates to cityslicker1000's call to HL, PLEASE CHECK FOR YOURSELF what services other nominees offer. Please also note that given the tight deadline THIS IS URGENT and YOU NEED TO ACT IN THE NEXT DAY OR SO.

ADDITIONAL INFO:

Latest time for lodging Forms of Proxy for the:
Court Meeting (BLUE Form of Proxy) 11.00 a.m. on 28 February 2020(1)
General Meeting (WHITE Form of Proxy) 11.15 a.m. on 28 February 2020(2)
Voting Record Time for the Court Meeting and the
General Meeting
6.30 p.m. on 28 February 2020(3)
Court Meeting 11.00 a.m. on 3 March 2020

KOH

I guess a takeover would be a good news?

KOH

Engaging Aussie firm and Aussie CEO to convince shareholders to vote in support of takeover agreed with his ex Fortescue Aussie friends.

Truly disgusting.

Vote NO.

KOH

ROCKETVI

Arab banks, takes ages to obtain any info. Different culture. Shetty must have appointed lawyers, they had to review the case, request info, gather evidence. Multiple parties involved. Contractual complexity. Takes time. An ordinary audit in a small company can last for months due to accessibility and availability of parties involved let alone a multi billion conglomerates in the middle east. They have to be very careful to make sure the info they projecting to the market is 100% verified and reliable too. Probably even Shetty doesn't know exactly how much he's lost atm. Markets taking advantage of the panic. Patience required. IMO.

KOH

ROCKETVI

Let's see - he's supposed to provide some clarity by the end of the month. He wouldn't be selling himself, the banks would sell his pledged shares without his consent (they have contractual rights to do so) as he was highly leveraged (margin calls). It's either that or something else. Either way he will have to provide the explanation, some of the shares may have been sold but they haven't just disappeared. The bottom line is that regardless of who's holding the shares the company is doing great and performs as planned. These share issues are temporary. As long as books are not cooked and P/L's looking strong this has to re-rate at some point. It's a public company. Trading update soon, full year accounts around mid April. Has to be positive based on extremely strong performance in the first 9 months of 2019. Waiting for a Freeh report at NMC too, this should clear the water. IMO.

KOH

Well done, scott1092

Vote NO.

KOH

Wont be moving anywhere until they know what shares are held by the Man and his associates. The results arn`t keeping this one down.
___

Probably some Shetty's shares sold by the banks (margin calls) causing the drop. The same as NMC. Shetty was higly leveraged, Muddy Waters report & cyber attack + shareholding confusion + coronavirus created the perfect storm. If the banks sold some of his shares this would de-leveraged off balance sheet debt which is good in the long run for the company. Shetty personally lost big time, as long as company operates and delivers results we are good. Travelex is doing fine, trading results to be released soon. 183m EBITDA in the first 9 months, no material impact on revenue due to cyber attack projected by the company. Strong growth position from these levels. IMO.

KOH

That is indicative that they are not fit to be directors as they are not acting in the best interests of shareholders.
___

Definitely. It stinks. In fact, It's been stinking for a looong time. A complete destruction of the value, managment's incompetence and JPM continuous involvement too, just to name a few. Fraser & BOD intentions are highly questionable. This begs for investigation.

Vote NO.

KOH

BishBash

Read my post "COURT MEETING (3rd March) - IMPORTANT" at 10:16
It's important to vote as INDIVIDUAL at the COURT MEETING. You can do it via proxy.

KOH

excuse TYPOs*

KOH

The intimidation tactics of vote No = administration only makes me more determined and I'm sure that's the same with the majority reading this.
___

Definitely. It was never a binary choice "5.5p today or insolvency tomorrow", Fraser and BOD made it look like it is and are doing their best to promote predatory takeover in a atmosphere of rush and panic. Slow the f#ck down boys, you should have done it a long time ago. It is a CONSTRUCTION SITE, a f#ckin whole in the ground and a half dug tunnel and not a fully operational business with angry customers and operations all over the country that would lose revenue if stopped. In contrast CAN BE STOPPED. In fact, It could STOP for years and operations froze to a minimum required level and we would still maintain the 100% ownership of that half dug hole in the ground with all the permissions granted and continue the search for investors. In fact, halting operations and putting job at risk could finally grant the Government attention. And attention of big boys currently invested in the project too. Nobody wants unfinished project sitting up North doing nothing for years when there is a viable employment for the whole region and significant tax advantage to be gained. Yes it will cost. And yes, some of the contracts will have to be renegotiated. And? And? Happens. F#ckin HS2 cost rose to over 100bln and they continue the build, and we don't even request funding. All we need is a GUARANTEE for a 2-3bln or a petty £460m to get us largely de-risked. This is nothing in a big scheme of things. We had over 100m in cash a few months ago and yes we can raise more to keep it going on the minimum maintenance level for a loooong time.
Incompetence of this BOD led by Chris Fraser is staggering. And so their lack of integrity and willingness to maintain and maximise the shareholders value. If you build a house and you know that the bank is refusing you a loan to finish the project, the last thing you would do is to continue the spending to the last minute driving your project to the verge of bankruptcy and then try to sell your plot and a half-build house for a derisory 5% of the value once it's built to a predator. That's exactly what Fraser & his clown brigade are trying to do. You first STOP and then REVISE but most importantly you CLING ON the value at all costs. A simplified logic but you get the point.

The predatory offer from AA promoted by the current incompetent management is completely unacceptable - that's a definite NO from me. The BOD and CEO need to go as a matter of urgency as well.

Vote NO.

KOH

Looking steadier today. I still think 100p will be with us again.
___

Definitely. It should never have dropped below 100p in the first place. Reported 183m EBIDA in the first 9 months. It is easily "Buy 1 get 1 Free" at the current levels based on fundamentals alone, trading update soon and Travelex back and running too. This is hugely undervalued atm.

KOH

Great post by cityslicker1000. Please read:

"I am greatly heartened to see the strength and volume for a NO vote being expressed by PIs on this BB. I feel strongly too and have consequently contacted HL, my nominee, to investigate how I can maximise the value of my vote.
I have previously posted regarding the vulnerability of SXX to a loss at the Court Meeting at 11:00. Remember, one shareholder, one vote. This means that your individual vote at the meeting, even if you only hold a very few shares, counts as much as that of J curve, Jupiter, Polygon, etc., despite them holding their millions of shares. Remember also that it is a 50% vote by number of shareholders voting and there are many, many more of us than there are of them.
My call to HL was very instructive and they responded to my questions (through a very helpful young man called Dan) as follows;
1. If you do not take any action to acquire an individual vote for yourself at this meeting you will be included, along with several thousand others, in the single vote that they can register.
2. If you make a request to them, they will provide you with a letter that will allow you to vote as an individual in this meeting. Your vote is thus very powerful.
3. If you do not wish to attend the meeting, they will provide a Proxy to vote on your behalf.
4. If you wish to vote by proxy you will need to give them at least 5 days notice to make the necessary arrangements.
I was blown away when considering the opportunity that this proxy option offered. Thousands of voters who might have lost their influence can be enfranchised."

Your vote MATTERS. Please follow the instructions above. The most important thing to remember is that the vote at the Court Meeting is where SXX is very, very, very vulnerable to a NO vote. Remember, one share holder, one vote. To do this, PIs with nominee accounts (HL, Barclays, Halifax, etc.) must firstly contact their account holder and request a letter giving them power to VOTE AS AN INDIVIDUAL. Remember, the vote is by a head count of voters, irrespective of the number of votes held by the voter. if enough PIs are able to vote as an individual at this meeting they will be able to win a 50/50 contest. Your e.g. single share holder vote is as important as e.g. Fraser's, Polygon's or Jupiter's. ONE VOTE. Please make sure you vote as INDIVIDUAL at the COURT MEETING.

PLEASE NOTE: the above only relates to cityslicker1000's call to HL, PLEASE CHECK FOR YOURSELF what services other nominees offer. Please also note that given the tight deadline THIS IS URGENT and YOU NEED TO ACT IN THE NEXT DAY OR SO.

ADDITIONAL INFO:

Latest time for lodging Forms of Proxy for the:
Court Meeting (BLUE Form of Proxy) 11.00 a.m. on 28 February 2020(1)
General Meeting (WHITE Form of Proxy) 11.15 a.m. on 28 February 2020(2)
Voting Record Time for the Court Meeting and the
General Meeting
6.30 p.m. on 28 February 2020(3)
Court Meeting 11.00 a.m. on 3 March 2020

KOH

If it can be demonstrated to Sirius Minerals that the £460m could be
raised they will have to listen.

We are talking to the institutional share holders but need to understand
the private investor interest in raising the £460m.

There is a dedicated web site and brief survey here:

http://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more
interest there is the more chance of a positive outcome.

THIS CLEARLY NEEDS MORE PUBLICITY. Only a little over 1000 took part in the survey so far. PLEASE SPREAD THE WORD AND SHARE THE LINK WHEREVER YOU CAN. What's interesting out of a 1000 people surveyed so far the average amount is almost £12,000 which is an excellent result. At that rate only 40k people could raise the WHOLE amount. THIS NEEDS A LOT PUBLICITY and should go viral and beyond this forum. At the moment not enough people KNOW about the survey which is clearly reflected in the number of people taking part. PLEASE SHARE IT WITH EVERYBODY and SEND IT WHEREVER YOU CAN - media, TV, newspapers, friends, family, ALL shareholders even strangers. PLEASE USE ALL CHANNELS OF COMMUNICATION AVAILABLE. Email, phone, social media, spread the word - STRENGTH IN NUMBERS.

KOH

And by the way - we technically don't even have to raise full 460m IMO. If we had a normal CEO & BOD they could just ask the shareholders for more time raising e.g. 100m or so to avoid insolvency, slow down operations to preserve the money and continue talks with consortium and others. I never really understood that artificial rush and continuous fear projection by Fraser and BOD trying to push AA offer at all costs ("5.5p now or insolvency tomorrow"), it's a construction site, it can be stopped. Yes it will cost but make sense in the long run. Why don't you just slow the fu#k down (or why didn't you a couple of months ago), explain the situation to the owners of the business (us) and ask for some funds instead of creating that impossible situation? You are supposed to maintain and maximise shareholders value and not promote predatory takeovers for next to nothing. Not good enough, Fraser. Try harder.

Vote NO.

KOH

Apologies Lairyliam, obvious typo.

The link in the body of the message is correct.
http://www.fundsirius.com/

KOH

If it can be demonstrated to Sirius Minerals that the $600m could be
raised they will have to listen.

We are talking to the institutional share holders but need to understand
the private investor interest in raising the $600m.

There is a dedicated web site and brief survey here:

http://www.fundsirius.com/

Please take a look, take the survey and spread the word. The more
interest there is the more chance of a positive outcome.

KEEP REPOSTING!

KOH