Member Info for sebo10

I saw a leak once on the Sirius Minerals share. One day before the share price dropped by over 60%, there was a sudden surge of selling that panicked investors as it was so sudden and fast. That fateful Rns dropped the next day. Someone had known and was disposing of their holdings. It happens, people hear from friends of friends... Their uncle is on the board etc.

My prediction would be 1-2p short term amd 500+Mcap once production has started. I think this is fair. I was in this share a couple years ago when it was around this price and bouncing around. It was powered by hope at that point. No guarantee it would work out and yet the share price was as high as today. The markets always look a couple years into the future. This deal will unlock enormous resource potential both in lithium (in very high demand) and gold. It could get to billions Mcap easily. I find traders always like a deramp as it suits their ****ty strategy. Anyone with eyes and common sense can see the value here. It's not bloody 0.5p until next year - in your dreams mate!

Were Prem fully funded? I see no reason why share price would stay at. 5p. I think that the value is clear, I would expect 200-300Mcap within a month and billions once production starts. This project has been hugely derisked, can't see the point of holding this down unless you're trading and just buying and selling like a demented muppet!

Realistic sp is huge, do the maths. Kodal are fully funded and are partnered with a major player. £billions Mcap

Massive volumes, biggest on Aim - what does thst tell you? Sells will be exhausted and this will keep moving up, it could get to £500M soon. That's not an overstatement, I think that Aim is nuts sometimes. People pump crap non-business scams and miss this monster!

There will be a significant rise from here over the coming days/week. If you want mega winnings with market cap over £2Billion, then it's a longer wait. But £200M-£300M will happen very quickly.

Lots of derampers on this share, the volume is significant... Sp should be much higher. Once the sells dry up, we will rocket. For a business to pay 0.5p per share when they'll be trying to pay as little as possible tells you something. At least £100 market cap is incoming if not higher. And that's just the beginning.

Looks like the board are getting their options then. They set the bar low just in case it seems.

Should be multiples above the current share price given the size of contract and improvement works and recap. I expect some major institutions to start stepping in. The current price is a steal and far too low.

Wrong board? If only UK finance came to the rescue? You can't build anything without lots of money....

I waited 15 months for Qbt to decimate my holdings. I can't wait too long unfortunately

Hopefully we'll know tomorrow. The sp should be much higher, even based on net assets alone - 40 millions on the balance sheet. The massive sell off was driven by the fear that the company was on the brink. I don't think that investment companies would be throwing 600k on a risky bet. The lack of conversation here is interesting, no constant sp manipulation via ramping/deramping as the instutions hold all the cards.

The news drop will be a while away. Testing and patent drafting can take months as we all know. There will be other updates beforehand. I see a wave of positivity here. Remember, we have no product and no revenue. Anything can happen. Its still high risk, 11M is nuts - how many Bentleys do you need???

What's your expectation for the next few days. Will a deal be announced??

Hope for a big uplift in sp with the right deal. Could be 70+p.... It was much higher than that just 2 years ago. I think that based on order book and projected revenues £150M market cap looks cheap and should be the target once investment takes place and other contracts/deals are announced.

What do hudson do? They seem to be financially struggling with a big drop in revenue this year. This this a bet to keep their company afloat?

This is not the most active board I've been on. There are shares with uncertain futures and no revenue that see 50+ messages a day. I guess the massive drop in share price over the last 18 months will have been painful for many.

The market makes the Mcap up. There is no justification for an mcap of a small fraction of their current order book. Madness springs to mind. There are tech companies with no orders worth 20 times our valuation.

I think 9p per share would be daylight robbery. They would effectively double the market cap and half the holdings in percentage terms of existing shareholders. FSPs tend to be unpopular because they can often attract opportunistic, very low offers for business assets unless there's lots of interest with people outbidding each other. I assume that any deal needs shareholder approval anyway?

Tgp said that investment would not involve selling current shares or further dilution. We are well below the 45p at launch. Wouldn't make sense to dilute further. Many institutional investors will be badly underwater.