Member Info for lse1111

The word 'cancelled' seems to imply that they are no longer held as stock, but they are still included in the total stock level, so I don't understand.

Cheers SuzyBoozy. One more question; what are cancelled warrants?

On this site http://www.estainlesssteel.com/archivemarch2019.shtml it states that Nickel stocks had fallen to 187,100, but on Kitco http://www.kitcometals.com/charts/nickel_historical_large.html, it shows the level at 190,434. Is this due to timing, or does anyone know the reason (TDT)?
Thanks for the assistance in advance.

http://www.estainlesssteel.com/stainless-steel-news.shtml

Plus they would have to announce it to the market. Also from what RY has said, "they can't buy as they always have price sensitive information"...so for them to buy now implies they know of nothing going on, which then may not be good for the share price ironically...because we are all hoping for something! It is actually strange that nothing has been mentioned regarding the funding; if we were not going take up Riverfort, I thought Amur should have said something on the 13th?

https://www.investorschronicle.co.uk/tips-ideas/2019/03/13/a-funding-lifeline-for-sirius-minerals/

Tip Update: Buy at 19.7p
Tip style
SPECULATIVE
Risk rating
HIGH
Timescale
LONG TERM
Our previous tip
We said BUY at 23p on 25 Jan 2018
Tip performance to date
-14%
By Alex Newman

Last we heard from Sirius Minerals (SXX), discussions over its second-stage financing had moved on from bank and government loans on equal terms to include a third, possibly more expensive, debt capital markets tranche.

SXX:LSE
Sirius Minerals PLC

1mth
Today change
2.79% Price (GBP)
19.90
That picture was upended on Tuesday, when the prospective potash miner said it had received “a conditional proposal from a major global financial institution” that would entirely replace the $3bn (£2.3bn) multi-tranche structure, and remove a critical uncertainty in the construction of its Woodsmith project.

Sirius said the proposal “offers a more flexible and attractive solution” to its funding needs, and subsequently paused discussions with the original funding group in a bid to get firm commitments by the end of April.

IC View
Sirius's shares leapt 9 per cent on this development, although the as-yet-unnamed bank still needs to complete its due diligence and internal approvals. Should this fall through, it’s not clear whether a “pause” in talks with other lenders can be easily resurrected, particularly with the Woodsmith project coffers set to run dry in a matter of months. Still, this news appears positive for our long-term buy call (23p, 25 January 2018), even if events are set to come down to the wire. Buy at 19.7p.

Last IC View: Buy, 20.4p, 23 Jan 2019

Now that would be good news.

I will put my orthopaedic shoes on and stand corrected! Cheers FLBW, thank god we have someone who knows what they are talking about!

Thought I saw a comment that the current price of nickel was for all types of nickel, and that nickel sulphide (the type that could be used in batteries) was trading at $1 to $2 higher than the advertised price. So $8.00/lb on a forecast basis is (although high/optimistic) not totally laughable. Happy to be corrected by someone who is better informed on this subject.

Think it is a positive

irrespective of that, he is now not a bear.

LTH here, never posted since iii demise. Just heard the bearcast, like the author as he cuts through the carp. Anyway, after him being along term bear on Amur, he now thinks it might have a future, comparing it to the likes of Sirius et al, where small companies obtain funding far in excess of the market cap. However, he is not yet rating it as a buy.