Member Info for Latino

Yes, finally turning with the bounce. Gla

Good consolidator today, should see a good blue day tomorrow with any news. Positive news then should be a very strong one gla

Umm...they running out of money this month. FDA meeting is merely to rubber stamp what they agreed a few months ago. They need to do another trial and will to raise millions to do it..until they raise funds (expected at hugh discount), they simply can’t afford to undertake or commence the trial..gla

This is now the cheapest it’s ever been, and this surprisingly at a time when the next update would take this to another level..gl

Well it’s your money so it’s for you to decide..!

Breakout into solid blue territory imminent...oversold

What are the bod doing here? No update now for several months but I can see the website has had a makeover. They need to update the market properly than refer to websites!

It ain’t going there! you’ve missed your chance lol we sometimes live in regret!

Looks like a buy, but showing as a sell??

https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/902972

Could get interesting by tomorrow AM, Gov backing or offer from a major?

https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/902964

Remember this is no Micky mouse project, estimated to serve country for up to 100yrs estimated mine life..

What bit is that you don’t understand lol it’s simply risk vs reward, just the CEO has pointed out yesterday in his call..

In spite of the financing setback, Mr Knights of Liberum said the economics of the project remained compelling and Sirius would make an ideal target or strategic investment for a major mining business, agribusiness or sovereign wealth fund.

“In an environment void of projects that can move the needle for major companies, Woodsmith ticks most of the key investment criteria,” he said.

The biggest shareholder in Sirius — if convertible bonds are taken into account — is the Qatar Investment Authority.

In a staff memo seen by the Financial Times, Sirius chief executive Chris Fraser said there were a number of options to fund completion of the mine.

“We’ll be conducting a full strategic review with the help of our advisers, and I will update you all as soon as I’m able. In the meantime, we still have work to do and we must remain focused,” he said.

“I very much believe that we will find the path forward. I also hope it is obvious to everyone that, as always, we must scrutinise every penny we are spending and unless it is ‘mission critical’ we don’t do it.”
https://www.google.co.uk/amp/s/amp.ft.com/content/7c7e8ee2-d9f6-11e9-8f9b-77216ebe1f17

Lol - so why you’re asking the Q?

Backing this will also give Boris some needy brownie points and some needy positive diversion from the Brexit talks...

Surely gov will do a U-Turn here, too much to lose with brexit looming:
- World Class asset
- Supply Agreement with Major partners 10/11yrs
- A UK Exporter
- Preserve Jobs / economy
- Allow self-sustainability after Brexit.

Gov will have to revert and support SXX, if you consider UK needs to be self-supporting after brexit. This company will be a producer and already has deals in place ie 11-year agreement with India etc

Excellent RNS - derampers cought!!

‘..The Company advises that it has not waived the unpaid cash calls under the Agreement and accordingly, the Company maintains its rights under the JOA. The Company reaffirms its support to the implementation of the Agreement where GSPC will seek to dispose of its 55% participating interest in Cambay and while continuing to engage with all parties, including potential new Cambay joint venture partners, for payment of the outstanding cash calls.’