Member Info for mrJimV

Carondean / blimey there would be a few floating around including mine if that was the case lol , but i know it`s not going to happen so i can sleep at night

KOH/ Well the company said it needed the torps to secure the loans with a bit of help from the GOVT , thats why most are waiting to see what happens about Brazil , India and Europe , get the quota of Torps does really secure the full funding of stage2 , I know he could say he is going to do some dilution but as stage1 was fully dilution I dont see stage 2 dilution ,when investing you have to except what the company says or don`t invest thats the route i am going on this one.

LTC / Well CF would have tried to borrow on stage one with dilution but would have taken a long time to get that sort of cash he was after so stage1 went the dilution route stage 2 debt , if he didn`t go the route he may of wised for there may not have been an SXX but he raised the funds to get this off the ground now we just wait for stage2 , Let the bb know if you see any asteroids I think we would all want to know lol.

Thats the way I see it Alan , It wasn`t that long ago the GOVT said on TV that SXX will push the GDP up by 20% in that part of the country , they wont want anything holding this back .

I can see some want the company to sell and move on and hope for a big buyout price , but what do the investors want in gains if the company don`t sell but want the company to still keep going ,of course you come into this company to make money , IE , a high share price of what say shall we say they will be trading at £1 - £2.00 ? or a high share price and a special Divi ? and how much a Special Divi ? if a Major buys in say 80% of everything

WWN / Well yes the majors want to be part of the whole field Lancaster , Warwick , all of them , as for best value Kerogen would move on like the rest of us if the company was sold and if DrT wanted to keep looking for other field in a new company Kerogen would follow like a lot of the shareholders would ,

Sorry I ment WWN

WNN / Though you say to sell off each individual asset each company that has been in talks with HUR said they want to be in the whole field not part, ,

Ricfle ,Thats the way I see it , if the company did have a big pile of cash and they didn`t hand it to shareholders I don`t see the the share price at a good high , yes they would have a chunk of cash in the bank but I could see that going down fast with extra staff and big pay rises and looking for other oil sites , the difference between HUR is the size of it`s assets that a buyout is more likely , also yes DrT did say it was down to the Shareholders if they want to sell the company , the thing is lets say next August you were offered £3 to £5.00 for your shares what would you say in your voting slip because we would all have one.

Always had faith in this share , i bought in a few years ago hoping it would out perform , it had good rises then dropped back hard but last few months the old girl has kept going

You see it quite a bit on these bb`s where someone jumped then waiting to get in lower , sometimes they say a crazy price maybe to put off a newbie buying in because he thinks the SP has to go lower because that poster just said so lollol.
But I have seen it where a poster was out and a blinding RNS came out the next day and the MM`s opened up 5p higher than what it closed the day before , so you can gain one or two pences but next minute you can loose a few pence plus your dealing fees and commission ,

I don`t see the SP dipping much I expect it to even climb with so much sensitive news to pop out any time ,

It will be interesting how SXX will word the next RNS , If say SXX get another TORP say Brazil will the company say we now have enough TORP`s in the bag to get the GOVT to guarantee any loans we need for stage 2 finance , Because I think one more TORP maybe enough for Stage2 Financing .

Very strange how there was an article about SXX in the FT with some very strange comments at the end which to me looked like a set up , have to be careful what I say on a bb but to me I have a good idea what thats all about and the same as the Gazette undermining SXX by Raviv , but it is starting to sink in with all these Torps there is this `Sleep Giant` and in a couple of years that `Sleeping Giant ` is going to wake up and the Fertiliser world will see the biggest Fertiliser company in world producing and you good investors are all part of it .

Scotman / interesting article on Raviv , he is worried by the sounds of it for his own Job , he says Boulby is the only Polyhalite mine and seems to want no connection with SXX , he seems a very bitter man and a lot of it is jealousy on his behalf and yes he knows SXX isn`t producing yet but in the next couple of years there is going to be this monster of a mine far bigger than his and he knows it , and in time what he will producing at his best SXX will do in under a month ,
The Daily Mail said we are a bit light on Torps , well we talked about that Friday , we still have Brazil , India and Europe and with those to come through any day now as they have been in discussion the last few months SXX is near to signing the torps there is a big possibility that we wont just pass the torps for Stage2 financing but we could meet are maximum target of the 10 million tonnes SXX has said they intend to do the first few years then getting ready for full production of 20 million tonnes ,

firstmodern / Well we know that isn`t going to happen because they have 5.7 million tonnes of torps , at the moment i see 20% dilution but we havent had Brazil , India or Europe , , I can see 1 million tonnes Brazil , and 1 million India , maybe 3/4 million Europe , that would be enough not to dilute , that would make all shareholders feel secure , that is why I see a high share price on stage2 financing with no dilution , simple reason you know where you stand and let the company get on and get ready for production , the 3 main stages are Planning permission , stage 1 and stage 2 financing , shareholders are making their pensions and sorting their finances around what the company are doing , I have full faith in what the company has said stage 1 dilution stage 2 debt , and I have bought in seeing the torps grow for reassurances.

The current share price is around the 37p mark now and we did tip 40p this week with no news other than what was still sinking in from last week , some investors are hanging on till the news on stage 2 finance but also the company is a bit light on the torps , that is why it is so important we get that news , as the company wants to borrow such a large amount if they did dilute it would be big and most on here know it , ie Debt and Dilution , but if the get the torps then I dont see any reason to dilute , stage 1 had to be dilution to get the company started , with orders on the books which will be atound 7 - 8 million tonnes of torps no reason to dilute , and that is why I can see a spike in the SP before stage 2 finance and on stage2 finance I can see the SP around 70p then before 2021 and production I see £1.00 share price as long as no dilution . Thats my take on it , I maybe well out but thats the way I see it , 10million tonnes is a massive amount to start with , thats my reason .

Vin / Yes I see somewhere around £2.00 2022 - 23 but with a 5p divi then on full production which should be before 2028 10p divi and maybe £3.00 SP plus ,
To be frank I think it all depends on stage2 finance , the way the Torps are going it should be 100% debt , I am waiting on Brazil , India , and Europe , if the torps are good the SP should fly because that gives us the loans with no dilution .
But who knows they could buy back some shares in that time , 10 years a lot can happen but what we will know every farmer and his dog will be using the stuff with 20 million tonnes getting shipped around the world ,
it will be the only word the farmers will know`POLY 4` lol.

rdajee / I would have thought your figures were a bit light , but hey if you are happy with those figures stay aboard .

OJ/ Day traders taking their profit ,at the moment it is a day trading share with your core long termers