Member Info for PerArduaAdAstra

...meanwhile, having left the frothing Sirius commentariat something something tasty for them to centre some of their more lurid and venomous posts upon, Fraser will hopefully be getting down to business, getting the job done, and getting this project funded. Ideally unhindered by some of the more impractical, fantastical, and downright unhelpful contributions, suggestions and ‘advice’ often read in fora such as these.

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“things go wobbly, government forks out £1B as guarantor.... funders get their 15% coupon, SH benefit from an improved SP and future divis.... tax payer £1B worse off.”
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Good afternoon, Aubrey. Call me old fashioned, but, wouldn’t the government (quite rightly I should say) be demanding their money back long before any shareholders start living of their apparent largesse and trousering a divi? In fact, despite framing that as a question, I know they would. It’s all there in the IPA documentation and somewhere on their website.

Regards,

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“it seems like we will only be waiting until end of this month for news”
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The world would be a poorer place without the eternal optimist, JR, it surely would. Having said that, it’s also invariably gloomier when a much anticipated and longed for occasion comes to pass, with that which we are eagerly waiting for failing to materialise. With that in mind, it would be prudent to bear in mind a certain word from the article that I would very much associate with you personally. That word is “hopeful”.

“Mr Fraser, 45, said that a quarter of its 1,200-strong workforce had been let go but he also said he aimed to complete the review far sooner. “The review is, let’s say, up to a six-week programme. It’s a six-month period to execute off the back of that. I’m hopeful that by the end of October we’re in a position where the strategic review will have reached a series of outcomes that we can then start talking about.”

To my mind, “Let’s say” would suggest that the full scope of the review may not yet be firmly set in stone. And “a series of outcomes” opens us up to additional timing constraints or limitations that the company will be doing their level best to avoid or coordinate. As such, the last thing we need here is anyone getting all unnecessary if, quite feasibly - and much as with the Brexit beast spawning these troubles - nothing significant arises before Hallowe’en.

The nights drawing in are bad enough.

Cheers,

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“So far they are quiet as usual...Not very clever, uncertainty loves silence.”
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And empty vessels make a lot of noise too don’t they, KOH?

As for the market, it doesn’t care much for anything that it might consider flannel or an empty gesture either. I recall much carping around Fraser’s recent so-called ‘pathetic’ gesture — and whom from too. But what’s the point? They’ve already announced a six month review, and hopefully they will be working flat out on it and exploring all our options. And until they have a clear and settled route to financing, any comment they do choose to make will only be leapt upon by those who are either looking to capitalise or, by those who seem to take pleasure in getting their knickers in twist over everything and anything that the company says.

You know the type... the sort of person who appears on internet bulletin boards in order to vent their spleen and to let everyone know that they think “the company is in the process of going bankrupt now, and whoever thinks otherwise is deluding himself”.

As for your suggestion the company “plays it well” in the hope that there “could be a decent window to "jump out" or even make a small profit”, well... you’re starting to sound like someone only invested in the share price rather than the company fella. In which case - and in light of your assertion that you “neither trust what he (Fraser) says nor believe in him.”- perhaps you’d be good enough to give one solid reason why Fraser should give a toss what you think?

I don’t.

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Good morning, TB. I’m sure there were a number of factors that lead us to Dove’s Nest Farm — not least the availability of land for sale (and somewhat helpfully, Dove’s Nest had the requisite acreage and was on the market). Our first drilling targets were initially both KCL seams (Sneaton and Boulby) the Fordon (poly) seam a few hundred metres further down. When the cores were sent off for analysis, in addition to confirming intersections of all three, it was discovered that the Fordon polyhalite was over two seams - including ‘the shelf’ which demonstrated ‘massive amounts’ of high grade polyhalite and over considerably more metres than oriinally anticipated.

Of course there were other considerations such as MoD at Fylingdales, population density, planning and other environmental and geological factors (watercourses, strata etc.) however, I think the outstanding core results that SM1 and SM2 returned pretty much sealed the deal for ‘Woodsmith’.

Regards,

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“Don’t know why unless they have something else lined up.”
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Can you imagine the opprobrium if it all went tits up regardless? Never mind the whining and wailing from some equity holders, selling sophisticated financial instruments such as bonds to unsophisticated retail investors would find the company mired in myriad ‘conning pensioners’ or ‘targeting amateur investors’ type allegations. No these bonds need to be sold into the professional (and registered so) market. I just can’t see this as a goer myself, but, do commend others’ for their intentions.

Regards,

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I don’t give a toss if you were eating a mandarin for 3 years, tbh. Use racist language and you’ll be called out for it. No one is interested in your bigotry — intended, or just plain ignorant.

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“I have never filtered anyone in here. I know there are some with ulterior motives, but sticking my fingers in my ears like a toddler who doesn’t want to hear seems to me counterproductive. The best way to get rid of them is to ignore them, I’m not always perfect at that but I do try. ”
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Pretty much my approach too, Max. Notwithstanding my unnecessary, albeit accurate, response to Dan.

Regards,

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Why’s it sad, Dan? If I was extremely worried and considering selling some, yet, for whatever reason chose to overlook your exhortations last week that “this share is a dead duck. Your rose tinted glasses will leave you with nothing”, then I’d be over the moon to have ignored you if I could now sell for a price 30% - 40% higher? The polar opposite of sad I reckon..

Lookin’ for real sadness? You could try closer to home.

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Fair play to you, Alan. It’s not like you can’t afford it though, eh?

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Stop spouting ill informed propaganda. Quite frankly you haven’t got a clue on this point, and you only make yourself look even more foolish with each repetition.

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Having reduced their short position by .16% (~9m shares) on 18/9, Polygon were back in the market again on Friday - buying almost 20m shares to reduce their position by a further .28%.

Their current short position (as of 27/9) is .29% (approx 20m). Any further reductions will not be disclosed.

Regards,

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Nothing pointless about this morning’s RNS. Notwithstanding the regulatory obligation that ALL listed companies update the market at the end of each month giving their exact share capital, I take from it that, all the while PIs tear into each other as their perspectives swing from fear to greed, the company is quietly going about their business in a calm and efficient manner.

I’d have been disappointed if we hadn’t got it.

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Just make sure you let us know when you close your bet won’t you, Gold? It will prove telling to see if you’re actually as clever as you insist on telling everybody. Just don’t tell us next week that you closed at 2.x sometime on Friday will you? There’s a good chap.

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What’s the matter, avo? Would it be wrong to surmise you’ve sold? It’s possible I’m mistaken, yet, I can’t imagine you’d be describing something you hold as experiencing a dead cat bounce.

As one who will have held high hopes for Sirius, it’s unfortunate you find it necessary to feed the trolls with such alarmist rhetoric when you know there are options, other than those you’ve chosen to highlight? Have you really seen the light or merely succumbed to fear?

Regards,

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Where on Earth have you crawled out from? Are you seriously hoping to make Sirius shareholders aware that there might be a festering, steaming, auk-filled hole somewhere just up the road?

Genius! Where have you been?

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“Where are we now,more of the same,recognise a pattern?”
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Of course. More of the same because we haven’t left yet. Are the potential consequences really so difficult for you to comprehend.

As for “puerile”and “deceitful”, get a grip will you? Apparently you voted to ‘take back control’, and since ours is a representative democracy, that is exactly what your representatives (not delegates!) are doing.

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“as always with the EU it's do as I say not do as I do“
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No. It’s what the Mail tells you, isn’t it, Alan? You clearly haven’t a clue about the actual legislation, do you? Unless of course, Frau Merkel is wrong and you know the law better.

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You know what, Alan? You have the most commendable ability invoke the air of a bygone, myopic age and you really do come across as an harmless idiot sometimes. However your emotive responses aren’t generally the best way to approach things Suspend trading? Jesus wept ... does it not occur to you the message that sends out?

Would you care to re-examine that which you’ve just written? (Never mind “all that you have been told”. - À la Whitman). Please?

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You sound battered, mate.

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