focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Yes, Weal Jane
Simple - sell at 30, write an article, buy at 27!
Typical British attitude. Negative Good job we have an Aussie at the helm
Will robots have shares as well?
Very many thanks to all who have answered my question on the poly extraction method.
Many thanks Duracell and Milo. I will explore Mysostis further. I do agree, his posts are excellent. I am heavily invested in sxx and use half to take advantage of the spikes and dips. There is now a repeating pattern of sudden moves up followed by drift down,although the last dip was an exceptional panic and another buy opportunity. I remain open minded about share moves over next two years but am broadly optimistic that the £1 party will happen - probably followed by a massive sell and another buy frenzy on the dip!
Many thanks, but the Sirius website simply shows an excavator chewing its way along! It is the details of the extraction process in maintaining roof stability that I am interested in. The halite bed above is subject to deformation and the stability of the MTS tunnel is a vital consideration. The company of course will have obviously considered all this in detail but it would be interesting for us investors to know in terms of risk.
Now that shaft digging has started, I am interested in how the 80 m. thick poly seam will be extracted. Nothing seems to be available yet. I can only assume that some form of pillar and stall will hold up the roof. This a very deep mine indeed and the pressures involved are huge. Anyone got any info?
Great info wwguk. Many thanks. I am now interested how some 70m thick poly can be mined out. I assume only pillar and stall can keep the roof up.
Well said Oldhamboy. Exactly my sentiments. With regard to the tunnel, a little over-engineering is no bad thing for such a long mine life. I assume that a good wife solid block of polyhalite will remain in place below its length to avoid future movement. The Redcar mudstone, apart from a few calcareous concretions, should prove a straightforward material to tunnel. In terms of security, concrete ring segments are the best. Good luck to all to play the ‘big dipper’!
I would think that Chris France of NYMNP would have a good legal case against this chap. I wonder if he knows about it?
Indeed. I posted on and enjoyed iii discussion until they destroyed everything. They must have employed an ‘expert consultant on IT’ - possibly an ex- government expert! They are still my brokers as I was with TDW and the old III app still works for dealing. Like all of you, hoping for news soon on Sirius.
An excellent article by Greg Wright. Says it all - when will we hear more about the’Northern Powerhouse’ instead of gloom about Northern Ireland and the NE caused by a no deal brexit? It still puzzles me how we Brits manage to vote such a bunch into power. I suppose all the really bright people in business do not seek to join one of the oddest clubs in the world!
‘In the case of a no deal Brexit the government is giving advice to business.’ I assume this is a joke.
Glad you agree folks. There is a very interesting article in the Spectator this week on “the chancers who run Britain’ It is entitled ‘Bluffocracy’ and it quite frightening reading!
Our government is notoriously all mouth and no money but in view of the current export strategy they would’ve proven themselves totally incompetent if they did not provide the guarantee
Lots of castles being built in the air here. For a bit of light relief I looked at the IPA website and was amazed at how wonderful they were. In fact if their CEO replaced CF the mine would be in production by now! But seriously, does anyone know anything about John Meggs’ opinion on the guarantee?
Quote from Gov.Uk ‘The IPA works with the Cabinet Office and HM Treasury’. Oh dear! Equity funding and dilution might be the lesser evil!
Indeed but the UK appears to be the last to see why. I doubt a ban would go down well in the city and that becomes a political matter!
It seems to me that borrowing shares should be banned. While shorting may be temporarily stopped when financial shares are in trouble, the whole scenario hangs like the sword of Damocles over the private investor. Any company, however good can be targeted by false news. Indeed co-operative action by the big gamblers can trigger big trouble for the whole market. The influence of shorting on major crashes should not be under estimated. SXX can only bring big short rewards if there were to be an unforeseen disaster. Anyone making money on that should go where it is very hot! Good luck to all for a steady rise and continued success to a fine management. I have followed SXX for years and now heavily invested. The whole scheme dovetails into the geology with remarkable acumen.