Member Info for RedbullRJ

Likely to be an auction at the open, so the share price may appear irregular on many platforms

Strange that someone who has talked this share down incessantly, suddenly buys in, then wow an offer, which they suggest is a good deal? Why would anyone have had a vested interest in talking the price down and weakening moral over the last few months and then implying that the 5.5p offer is a good deal.

I know I certainly won't be accepting it and surely Gina won't take kindly to someone walking off with her chunk of Sirius for a pitance.

Similar post on Twitter:

https://twitter.com/i/status/1199993660135358464

https://twitter.com/siriusminerals

Javid on his feet. Could be some brown trousers and smell of burning if he starts talking Northern Powerhouse and an RNS pops up on the screen at the same time :-)

GLALTHs and 5%

While I hope that earlier movements were just games for traders to make money, that there hasn't been a leak and there isn't a bad RNS in the morning, if the shares were "paused", it may not be the end of the world. A GOOD plan, with a rights issue or similar capital raise involving existing SH, could put the company on a much more solid footing. Those willing to commit more capital to exercise their rights, could maintain their % stake in the company while others could either tail swallow or sell the rights. With funding to at least sink the shafts, individuals still holding could at least start to hope for a more optimistic valuation of the company and later debit only raises to finish the derisked project, could see good returns in the long run for current holders. In the meantime, the traders would be neutered, as they would be unable to play games and if a good plan can be put in place, shorters could get burnt when it is "un-paused" as the price gaps to the new level. I know this involves lots of "if's" and "could's", I am just putting my thoughts forward to balance some of the b******s and fear that is currently being spread.
Just my own thoughts:-)

GLALTH, 5%ers and past and present Sirius workers

Ok, realised my first mistake, I now see that the7,006,279,248 is the current number of shares in issue (7 billion) so should remain the same. Anyone want to take a punt at the exchangeable bond bit?

At the risk of embarrassing myself in front of someone who can offer more insight, the latest TR1 shows in box 7 Citi's 8A +8B % of voting rights has gone up, but the total number of voting rights are the same??

The big change appears to further down in section B2 where the exchangeable bond dated 23/05/2027 has increased from 87,597,217 voting rights to 169,463,774 voting rights. Anyone able to explain the significance?

Following yesterday's Tweet about Cefetra that was previously posted on here;
https://twitter.com/sm_poly4/status/1176862012657360896?s=21
What is everyone else's views on parent group BayWa getting involved in stg2.2 finance? Looking into them and their accounts, they have a fingers in a lot of different pies and a history of expanding into other businesses.

Thanks GK, I'll have a look at that and see if I can get live quotes on it :-)

Chart looking good GK and should show an even lower close for Friday, when it's published, according to the current live price of the iShares ETF barometer.

sake = sale ;-)

oops sorry DarrylJ, I was a bit lazy and only set the date back to beginning of the year :-0.

You are quite right and it makes it look even better if you put it to a 5 year scale, the "blip" this August is still clearly visible and I genuinely hope that that, along with trying to sell bonds in the August "holidays/break" is the only reason the sake was temporarily put on hold.

On a positive indicator for getting the bonds away shortly and at a good coupon;

GK's $ B US bond yield is the best it has been all year:
https://fred.stlouisfed.org/series/BAMLH0A2HYBEY

and my "iShares iBoxx $ High Yield Corporate Bond ETF" is at nearly its best since January

As for previous MCAP/share price discussions, an earlier link was showing the price of MOP rising over the last few months to over $270 (this could continue rising?), so with the £/$ at its current rate, potentially 20m tons of production (maybe more in a best case and optimised scenario), a higher future price for "potash" fertilizers and our very low cost of production, it is possible to get some very high numbers, how probable this is is certainly open to discussion. I will be happy to just get the bonds away soon and continue with a successful and safe build for the time being. This has a long way to go and the overall outcome is very much reliant on what happens in the next few weeks and months imo.

GLALTH

Thanks to everyone for all the recommends and kind words re the youtube video link. Most credit need to go to Scabbawath for finding it and thanks also to MYO for giving the earlier summaries.

It's nice to be able to post useful information to the board, but to those who think derampers couldn't possibly influence the share price or unsure PI's actions, the video already has nearly 900 views at time or writing and the only place I have posted it is here*, that's a meaningful proportion of the approx 85k PIs.
* I believe that the link may have been shared by others onto Facebook etc

GLALTH

For those wanting to see the local news item from last night, I retuned my Freesat box to North East and recorded the ITV+1 10:30pm local news. Sirius made number one slot in this edition.
Hopefully this link will take you to it on YouTube:

https://youtu.be/hSmclJkth4c

Chriskies:
https://fred.stlouisfed.org/series/BAMLH0A2HYBEY
High Yield $ bonds back to where they were before beginning of August "issues"

Aubery, I use this chart: https://fred.stlouisfed.org/series/BAMLH0A2HYBEY and the price of: iShares iBoxx $ High Yield Corporate Bond ETF which is quoted live on IG during US opening hours to get a feel of which way the high yield market is going. As these are high yield bonds, I think they give a better idea of the market Sirius' bonds will be in than safe and low yield government bond prices/yields.

All IMO

Any relevant articles from the current year?

That article is over a week old, $ high yield bond rates have dropped back to where they were before they crashed at the beginning of August that caused the placing to be pulled.

Is it going to be a busy day on this board??

Certainly moving in the right direction for a positive outcome.