Member Info for PerArduaAdAstra

Nice sentiment, Scotty. Bet even Trooper would have never expected to see the share price languishing at 30p AFTER the conclusion of financing though.

It’s been rather pleasant here of late. Hope all’s well with you too.

Cheers,

per ardua ad astra

At least you will have got people to sit up and take notice though, eh, Higgo?

Cheers,

per ardua ad astra

Thanks, Myo. I knew Capital have been involved with Sirius for many years, but, was out and about and posting from my phone. I’m sure popex will appreciate that you were at your computer and had the time to delve further too.

Cheers,

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Good morning, popex. I trust you are well, although I was sorry to read that your wife is so ill and that is compounded by her recent stroke. I hope she is not suffering terribly and you are coping with her care.

As for Capital, they have been involved with Sirius for a good number of years. I don’t know when they made their first acquisition, however, they were key contributors to ST1, and I seem to recall them at least being around for a good few years prior to that — perhaps going back to the pre-planning stage in 2015 also.

I wish you well and hope you find the strength to manage what is a terribly sad situation.

Kind regards,

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With respect, Myo, whilst many of us firmly believe that Sirius will eventually get there, ‘pound party’ predictions are two a penny on AIM, and if I haven’t read ‘pound party’ as often as I’ve read polyhalite in the ten years I’ve been waiting for one, it would certainly be a pretty close run thing. And If any of my penny share speculations were as certain as the prediction of the much vaunted ‘pound party, you’d likely find me on the Riviera imbibing Reims’ finest from the navels of some of Dior’s prettiest young clothes horses.

Cheers,

per ardua ad astra

Good work, Cranleigh/Phil. Many thanks for sharing your efforts.

Regards,

per ardua ad astra

“Ps if you held a gun to my head I would not sell my shares for 27p”
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Well, that’s just plain silly. You could buy them straight back and bag yourself ~25% more.

Oh... and it’s Fraser, btw.

Cheers,

per ardua ad astra

Can’t see why SIPP is coming in for such approbrium, myself. As a former investor, he has outlined the factors that have given him pause for thought, and elucidated his reasons for taking the action that he has. He doesn't appear to me to be deliberately taliking down the company for his own interests, rather than explain exactly what it is that leads him to conclude that, at present, Sirius no longer fits with his investment profile. And to be fair to him, there has indeed been a material change in Sirius’ situation or fortunes in recent months. With the increased costs involved in building the tunnel, and 1,000 long-term, high-skilled, highly productive jobs - not to mention the potential to over £2 billion to GDP - at risk, the lack of any firm commitment by this inept government of ours after all these years should give investors something to chew on. That we’ve also paused discussions with our lending group after such a long time, so that that we might pursue an ‘Alternative Proposal’ is another very good reason to review our positions. But ultimately, so what? We’re all here trying to turn a penny or two, and quite obviously we will all have different criteria for our investments and the way that we approach them. Lambasting someone who gives very good reasons for taking the action they have serves little purpose if you ask me.

As it happens I have a belief that things will work out, but, that is just my opinion. At this stage of events it is no more right or wrong than SIPP’s take on things. If we cannot listen to - or accept - the views of others who hold a different opinion we do ourselves and our finances a disservice. For nothing ever moves forward in an echo chamber.

Cheers,

per ardua ad astra

Think I’ll just stick with Trooper, mesen.

Cheers,

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Nope. It wouldn’t make sense - not for me anyway. And I’d resist such a proposal vigorously. Nothing serves current shareholders better than debt based funding which - if all estimations are anywhere near accurate - would be paid off within a decade, leaving future profits to be distributed to those who’ve taken the biggest risk and, in the case of many, endured the longest wait.

Cheers,

per ardua ad astra

“How about if Hancock took a 60-70% equity in SM in return for the $3 billion - that would make more sense.”
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Strewth... your weekend would appear to have started early!

Cheers!

per ardua ad astra

Are you suggesting that DMC were naive, negligent or completely incompetent when they agreed to be incentivised for early completion set against existing target price and schedule guidance then, Tricky?

Find it hard to think so myself.

per ardua ad astra

Gotta love a tunnel:

Four people travelling in the same carriage of a train - an Englishman, a pretty young blonde, an elderly old lady and a Frenchman.

It all goes dark when the train goes through a tunnel. In the dark there's the sound of an almighty slap, and when the train emerges from the tunnel the Frenchman is rubbing his face, and there's a huge red mark on his cheek.

The old lady thinks: "I bet that Frenchman groped the blonde in the dark and she slapped him."

The pretty young blonde thinks: "I bet the Frenchman tried to fondle me in the dark, got the old lady by mistake, and she smacked him."

The Frenchman thinks: "I bet that Englishman fondled the blonde in the dark, but the blonde thought it was me and she hit me by mistake"

The Englishman thinks: "I hope there's another tunnel coming up soon so I can slap that French **** again."

Cheers,

per ardua ad astra

“With the exception of four specialists, who have been brought in to train the new team, all of the workers who will run the concrete segment facility have been recruited locally. All of our team will gain new skills – we are providing industry accredited training and general up-skilling to all new employees that will serve them well for long term employment in the construction industry.”
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A compelling reason - if one were needed - just why this endeavour should be benefiting from govt. support. If a Japanese car maker just up the road can be offered a sweetheart deal, it is hugely disappointing that a British company that is doing, and will continue to do so much to provide good, skilled jobs and contribute massively to the regeneration of an area crying out for it, should have been left dangling by the scaling back of a guarantee that our chairman on more than one occasion described as “essential”.

We now find ourselves in discussions with a “global financial institution” - elsewhere reputed to be JP Morgan. So from concrete batch workers and qualified engineers, to young apprentices and the local community, it is lamentable that so many people with so much at stake should be looking to an American bank to keep this show on the road — primarily because our dysfunctional government - one that can shake ‘the magic money tree’ to acquire ‘confidence and supply’ from the bigots in the DUP (that’s going well innit?) - lack the wherewithal, commitment or desire to invest in the economy of the north.

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Yep, those trades are real, and will have transacted during trading and only published after close. Lest anyone should get overexcited by what would appear to be some large buys, it is worth noting that London Stock Exchange does not attach a buy or sell determination to any trade. Many of those ‘buys’ will very likely be sells, and only show as buys because they are higher than the midpoint when they were published — which in these instances was taken from the spread at 16:30 when the market closed.

Regards,

per ardua ad astra

Good morning to you too, Roulette. I think we can be pretty sure that there will be short positions currently being wound down — after all, unless intended as a hedge, who would want unnecessary short exposure on a rising price.

The lift in price we are witnessing is undoubtedly very welcome, however, I think pretty much most of us knew it would come. As Scotty says though, holders should excercise caution if they think of trading this rise. As well as amateurs, significant movement very often attracts those with pockets deep enough to move prices on their own. Often unexplained to readers here. It’s happened before and will undoubtedly happen again. Sirius is a popular retail share. The opportunity for easy pickings will not go unnoticed.

Regards,

per ardua ad astra

Well, according to Michelle Pfeiffer, nearly all parfumiers keep something like 25% of their ingredients hidden, so you may well be on to something there, Brad!

Regards,

per ardua ad astra

None of the Sirius shares held by Capital are held on their own behalf. Rather, they are ultimately held by clients of a variety of Capital’s advisory and investment management businesses. Of course Capital do manage the holdings and their input will be a factor in any decision making, ultimately the decision to buy or sell will still be taken by the beneficial owner. Given that those owners can range from pension funds to high net worth individuals, we could probably spend all day trying to second guess their reasons.

Regards,

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You’ve brought (sic) some shares, in a company you know very little about, and you’re soliciting views/advice/opinions from faceless individuals on the internet? Forgive me but, you don’t really deserve this to be a winner.

Be sure to be thankful though — because that there’s every chance you have just pinned the tail on the donkey.

As an aside, anyone wondering why ‘the market’ seems to act irrationally on occasion, well... here is your answer.

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“Considering the company’s capital needs have already jumped to $4.2bn from the original cost estimate of $2.9bn the group provided when it listed in 2005”
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Given that Sirius Exploration listed as a company prospecting for copper in Macedonia in 2005, I wouldn’t let the author’s grasp of the facts bother me too unduly.

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