Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hard to argue with your reasoning, Bellers. But, to be fair, you know your kids far better than Boris Johnson does Chris Fraser though.
You know what you can expect from your children, but, how does Johnson know where he stands with Fraser and, as such, what he can expect from him?
For instance, has Chris ever been caught out publicly cheating on his wife? Or, like Johnson, has Fraser ever been sacked from a previous job for ‘lying’, ‘distorting the truth’ or ‘misrepresentation of the facts’? No? How about fame and self-interest then? Has Chris ever shown a fixation with those? Has he ever sought to gild his own lily, often at the expense of others? No? If not, I’m guessing that ‘our Chris’ might not be Johnson’s kinda guy.
Thank goodness, eh?
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Hiya, Mr.dt,
Have I signed the petition? Should I? Putting my name to a petition that in itself throws up many inconsistencies doesn’t, from my perspective anyway, seem entirely appropriate to be honest.. Despite some of its ostensibly best intentions.
Even if we set aside the clawing, clamouring overtones, and furthermore, dismiss any potential embarrassment such a petition might bring the company, should shareholders realistically pursue an appeal to a Tory government when their local representative himself, Robert Goodwill MP, had this to say:
"I think the answer from the Government is the final answer. I've already been involved; I spoke directly to the Prime Minster on the 2nd of September and I spoke to Treasury Ministers that week. I know the Mayor of Tees Valley, Ben Houchen, has also spoken to Ministers including Jake Berry, who's the Northern Powerhouse Minister. So we made as many representations as we could, we explored every single angle to bring pressure to bear. It appears that this is something quite unprecedented; not the sort of thing the Treasury would normally do. I think their view is, is that there's a lot of money around the world, looking for a safe house to invest; a lot of big mining companies around the world who are looking for new projects and maybe by going it alone, Sirius have maybe bitten off a little bit more than they can chew and they need to find a big, strong partner to help bring this project to fruition."?
Reckon that tells us all we need to know, myself. And the less of the as-ever blame the EU disinformation the better as far as I am concerned. After all, and according to our CEO, that’s hardly helped us much at all, has it?
Regards,
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Good evening, Thornback. On the most simplistic of levels, I cannot see how Brexit/Remaining or, any variant thereof, will have any bearing whatsoever on our qualification for an IPA guarantee. Any suggestion otherwise would appear to me an entirely spurious and politically motivated distortion of the facts. Of course I appreciate the possibility that it might be seen as politically expedient to back the project, however, I am yet to determine any particular constraints consequential of EU membership or not (the overriding criterion that any assistance cannot be anti-competitive), that would constrain or restrict any U.K. govt. (of any hue) from offering any support to Sirius.
It would appear an entirely financial calculation (no doubt predicated on perceived demand) that, like the money-men, is making govt. leery. Who’d’ve they were only in it for the money, eh?
Never mind govt. sometimes simply doing something because it is the best thing to do. Hopefully voters’ memories will prove equally unbending.
For the inquisitive, rather than emotive:
http://www.europarl.europa.eu/RegData/etudes/IDAN/2018/621778/IPOL_IDA(2018)621778_EN.pdf
Regards,
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...in light of testing carried out by an array of respected institutions we know that, across a variety of differing circumstances, Poly4 offers a unique combination of characteristics that prove compelling - not least, that it is chloride free. So, are we to conclude we are facing reluctance from those who get their nails dirty, or is it simply a reluctance from the money men to back something new, unproven, yet to make its mark, when more ‘certain’ returns can be made elsewhere? It is clear that we don’t find ourselves where we are today because the science isn’t there, rather, because the confidence in the market isn’t.
So we bide our time. We lick our wounds, keep proving up the product and accept it never, ever, has been easy. Disrupters don’t usually find it so.
As a shareholder I expect my support to shoulder the heaviest burden (debt providers are not investors as we should all know), however, I am surprised that with an agronomy programme consistently producing compelling results, worst case scenarios continue to prevail. Still, I expect Chris to prove them - and anyone else who doubts him - wrong. It is here is where any shareholder who remains will earn (or lose) their returns. But when it does all come home, believe me, those returns will be ‘earned’.
Twelve little words.
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“I’m the custodian of this project and I have to deliver it.”
I’ve been an investor in Sirius Minerals for a decade. 10 long years of opportunity cost as time slips away like the sand in an egg timer...
But enough of that *******s. Reckon there’s been one tale of woe too many here of late. And whilst I have much sympathy for those who - for whatever reason - have decided that here is where their journey ends, the fact remains that this is by far the end of the road for Sirius Minerals.
Yes, shareholders are currently staring into the abyss. Some, quite literally (hello boys and girls!). However, to my mind if we are to conclude that we have reached the end of the road - then we must also admit that there is no other option open to us. And yet, clearly, that is not the case. From a strategic investor, to tailoring build finance to individual elements and the potential of IPA re-engagement, clearly other options remain. And all the while that is so, how can we possibly say it is over?
I first bought into Sirius believing we’d hit KCL in North Dakota. Unfortunately that never happened. “The potash stops at the border”, apparently. So, when Chris Fraser backed his York Potash truck into a reverse takeover of Sirius back in 2011 - despite initial scepticism - I was soon enthusiastic for the potential of polyhalite. Having previously studied for an RHS diploma (never sat the exams), Carl Sprengal’s ‘limiting factor’ theories (which went on to become known as ‘Liebig’s Law’) resonated with me, and this was reinforced by my own observations from years of allotmenteering.
So, after first meeting Chris and discovering his singleminded determination to make Sirius the “new potash powerhouse’, and with an appreciation of the science behind his reasoning, it wasn’t long before I determined to hitch my cart to his wagon; concluding that it would not be too long before he would drive it to fruition. I made that decision and was comfortable with it. Of course I anticipated that on the part of industry there’d be a a reluctance to change, or a reticence to try something new, however, I also believed that if the price point for K remained competitive, then across an array of scenarios, Poly4 would be able to facilitate an advantageous fertilisation regime that would see farmers enjoying bumper yields. That in itself would soon ensure a significant adoption the product. After all (on the whole) farmers are invariably a canny lot, and if a cheaper product can offer comparative results (or sometimes better!), it would not take long for them to climb aboard and start buying. Never did it occur to me that they wouldn’t get the chance.
Recent developments would suggest that our product is inferior - but is that entirely accurate curate? Only a fool or the unresearched would refuse to acknowledge that polyhalite only has ~ 30% of the K in KCL, however...
“people who have lost were driven by greed”
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Bit of an rash generalisation there, chum. An ill-considered dismissal of the motives driving any number of investors. Somewhat akin to saying shorters are a homogeneous whole of bloodsucking, parasitic scum.
Are you?
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“He's probably just shorting. Quick quid isn't it..... goes up by a penny, doubled your money.”
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When people might already think you’re perhaps a little daft, wouldn’t it be better to keep schtum, rather than type something such as the above which only serves to confirm it?
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“Don't think that his low cost shares make him aligned with you. It's the £1m a year salary paid for by PI's that incentivises CF.”
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I don’t know much about you, but, you’ve pitched up here in recent days attempting to talk authoritatively and it strikes me that you really haven’t got a clue.
Do you really know anything about Chris Fraser? Like the money he was earning at Citi before he left to pursue his dream? How much he would have tousered if he’d just taken the money when he reversed York Potash into Sirius? Or even what his hundred odd million shares would have banked him had he ever decided to step down at some point in the last few years?
No? In which case, perhaps you could be sensible enough to stop making a fool of yourself by pretending you know what motivates him?
It strikes me that it is your motivations - not his - that are the salient point.
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“particularly as regards the possibility of failure. ”
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Hey ... if you’d have been around over the years - rather pitched up and formed a definitive opinion over a number of weeks - then you will have observed that I have often counselled caution and advised that this is very much a binary proposition. The trouble is, I was thinking often charged with being haughty, pompous, or sanctimonious.
And if you want me to be frank, you can stick your “support group” bulcacca too. I’ve never been one requiring any ‘support group’. You’ve obviously not noticed me swimming against the tide in these Brexiteering wastelands?
Ergo, you ain’t noticed ****.
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Look, I’m not gonna bang on chapter and verse, because, somewhat typically, I’m away from home and using my phone. However, it appears to me that there’s been a hell of a lot of over-exposed and under-informed money invested in this company. Much of which has been chanced by Brexiteering turkeys voting for Christmas. Project Reality coming to a place near you!
I’ve met Chris Fraser more than once, and I’ll certainly make no excuses for him (I’m pretty sure he wouldn’t want me to!), however, there can be no explaining today away as anything other than an screwup of significant proportions.
Having said that , some of the comments made today by a selection of punters, chancers, spivs and morons have been more than beyond the pale. Some of these nonentities have never tried to build anything in their lives - let alone do so whilst holding the hand of knicker-wetting PIs as they try to negotiate the global bond markets. Oh... and at the same time dig the biggest and deepest hole in Europe!
My opinion is Chris will get us all into a significantly better place than we find ourselves today. People can either believe in that or F off. I guess Chris will understandably feel the same.
Regards,
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We already have permission to truck ‘first polyhalite’. It will be intersected by the SBR well before the MTS is up and running, so we’re gonna have to get rid of it somehow anyway.
Incidentally, some people really showing their true colours today ain’t there?
Regards,
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Good work, DGR. Always a silver lining, huh?
#Mr.Brightside
http://m.youtube.com/watch?v=gGdGFtwCNBE
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“my view is anything that if gets attention it is not pointless“
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A naked protest outside Woodsmith might get you plenty of attention, barna. I’m not entirely convinced It’ll get the bonds away though.
Cheers,
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It’s neither a cheap shot or, childish. The funds raised from shareholders thus far are considerably better spent just getting on with the job at hand, rather than holding the hand of amateur investors who are probably over exposed, under-informed or, perhaps a bit of both. They’re never going to tell you what it is that you think you want to hear, so let’s let them just get on with ensuring shareholders are rewarded in the best way that they can.
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“I've contacted Sirius Investor Relations and asked them for an assurance...”
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And people bemoan the company’s wish for greater institutional investment?
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“I don't know, but I don't believe anyone else on here does either.”
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Indeed. But it’s telling to see how people behave under pressure.
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Nice try. I think we both know this ain’t Hamelin.
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Yeah... pressing buy was a helluva effort!
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Do you not think your little ‘jokes’ might be getting a bit thin too, Kapersky?
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Jesus wept... it’s not a ‘contrarian view’ for goodness sake. We are currently down ~9% without any bad news. And we’ve dropped over 4x the amount we’ve managed to so far claw back. How can that possibly ever be described as acceptable?
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