Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Please look at my SXX comments dating 1-2Years previous and people will see I’m correct with my analysis!
You once guessed the share would go to 15p.....it went to 3p......not sure how that means you're correct with your analysis?
What's with that spikey bit at the end? I know I said soon but I didn't mean Monday..... Before 12th December is my prediction on the next rns.
https://youtu.be/ULeDlxa3gyc
When our strategic investor turns up....
O.R let's say Stella rose averaged 22m a day from this point onwards, it would take 990 days to complete the full tunnel herself...that's 2.9 years from today which would be August 2022. I think it's safe to say we'd need the tunnel a bit sooner than that. Plus I think that daily average would slowly start to slip when the segment truck has to drive past 11 miles back and forth too. 2 would half that time. We can definitely get away with 2....1, I'm not so sure on : /
I assume the s.p will tick up a large amount a day before a potentially positive rns lands, just as we dropped on any stage 2 news throughout the year?
Don’t get happy clappy , it’s a fishing expedition, they want cvs just in case they need to hire quickly.
I think the post is pretty self explanatory buck, but thanks for explaining to all us thickos on this board who you label 'happy clappy'
https://chm.tbe.taleo.net/chm01/ats/careers/requisition.jsp?org=DMCMINING&cws=1&rid=590
Just posting this again incase people missed it.
Appychap, I can't put my finger on an exact outcome as there are an array of possibilities. I think these offers have been a safety blanket plan c for a good while prior to the stage 2 car crash. For me, stage 2 went on far to long with barriers put up at every turn. I was wanting Sirius in the back of my mind to ditch it long before it came to a stop, at least then our remaining cash and time until it ran out could have been a bit longer. one thing I feel I am certain on is that ADM are on our side and have a good relationship with us. I'm leaning towards them as an external source of finance and believe it could have been them who took up some of the bonds in support of Sirius before they failed. As to our strategic partner I feel Gina's original terms could be reworked. Handing over the further 4% on top of her 1% from 13 ton per annum is one suggestion. Both of these players are cash cows, both already have a vested interest, both involved in agribusinesses and both long term relationships with sirius.. In any case the point is we have a good few options, the result ie. The amount we get diluted of course isn't going to please everyone. But I myself will be happy to retain a minimum 25% of what's left of the company rather than nothing at all although I don't think it will be that extreme. The deeper these companies become involved with Sirius, the less likely this is to fail and once the project is significantly de-risked and nearer to receiving our first dollar in the bank..... cheaper debt will be more than obtainable to complete the project. Aside from this there are plenty of other scenario's that other lth are talking through, which proves this is not likely at all to go to administration. I will be completely and utter shocked if we do. Finally, what makes me so certain, is ADM in particular, out of everyone we have Torps or supply deals with....they are the ones desperate for poly4 to be on the market and with the current Sirius board at the helm.
So if you go through my comments to around a year ago you will find 3 things I said would and should happen with the tunnel and all based on my research.
1, the initial sloped drive could prove difficult because of the sedimentary rock strata fragmenting unevenly and possibly causing an issue of the need for more grouting.
2. After this, our average speed would pick up as my research found that mudstone was conparable with the density of sandstone, the best type of stone to be tunneling through.
3. Was my suggestion of 2 tbms, only making the necessary changes at Lockwood beck then continuing on as we would have made the necessary exceeded advance rates to do so by then.
All of my predictions/suggestions have come to light on that front.
Next thing for me that's certain? I've said it more than once these last few days..... You'll find out soon enough.
Dog, FOMO.....fear of missing out.
Indeed the demise of the JPM deal may yet prove to have been a blessing..
Of course its a blessing! Was like forever bending over backwards for a narcissistic, manipulative relationship.....what a bloody relief!
Fomo should be arriving any minute now.
Sirius could provide him with a much safer and modernised work experience when we are up and running. Why would he not want to work at woodsmith....plus free gym facility for all employees. did you know that was up for offer poly? Now get down and give me 20
I don't doubt he's genuine FFC but I wish he'd look into the planned economics of what we are going to be doing down there, the tunnel being the most obvious advance. Polyminer, I have nothing against you, just find the company you work for are hypocrites for every statement they have made towards Sirius and the case for poly4.
And you'd think he'd know that already scotman....doh!
That's because the company were set on stage two with JPM and going for all debt. We're in different territory now out of those terms with company at risk of takeover/administration. This is plan c. The final, but less favourable resort.
Is it only me who is certain that this isn't going to fail? Fully aware I could get diluted upto probably a max of 75% but also fully aware of those who are on our side and have been for a very long time. There's still gonna be a slice of the cake for me, I'm gonna enjoy watching shorters get burned.....what's not to like. You can all make your own minds up. Got my popcorn ready, research brings me much relief......ready for the showdown ; - )
Gadzuric, skier, you're both gonna need a bucket of water to put eachother out when you're arses are burning within 4 weeks time.
Where's your 1p skier? Not seen us below 2.88p yet?
Makes me laugh when people call Myo a ramper....makes me wonder, Does the I.Q of a shorter even know what a ramper is?
Lmfao....really? Is it April already? Wait....what?