Member Info for smalltimeii

yep not sure what all the fuss is about. OK it is expensive but we cannot survive on 100 year old rail lines forever we need to get into the 21st century and leave the 19th century behind. 100bil in nothing compared to the bank bail outs!
By extension 3 bill is peanuts if it creates 1000's of jobs for 100 years and adds a fair amount to GDP with many other side benefit to boot. However, conservatives/Boris have mentioned Northern Powerhouse a few times so promise has been delivered and nothing further is required (based on historic observations).

QE is a Joke. Banks do not lend more they use the cash to balance books. Rich folk keep $$$ in bonds as it is safe-ish regardless of interest rate reducing a tad especially when the riskier assets are riskier still due to the QE cash artificially inflating the price of everything.
How about printing 1 Trillion of bank notes and delivering 15,000 to every person in the UK, that would kick start the economy as most people will spend there new found wealth!

Christmas is due early this year for SXX SH's. Will be sometime between now and end of March.

"As if proof was needed look at the post below mine.;-)"?

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unfortunately all the bashing in the world cannot breach this defence :-)

"I can't believe it, there's still 8 weeks until Pancake Day and already the shops are selling flour and eggs!!!"

Sweet Jesus, over commercialisation I am sure the whole point was to use left over flour and eggs!

Yep a major player bought 10m shares to get the market to 3.6 and then managed to offload 3mil! But did make a small profit of £3000 on those few they managed to dump!

Obviously, the main criticism he has come under from the BBs is the leaky ship he runs to his city mates. So clearly he is making sure the leak is hitting all market participants fairly!

Good Morning and Merry xmas IBAB. I am sure IBAB will be along shortly to continue this conversation after switching accounts.

There are approximately 123 million reasons why CF will not let this fail and will put the maximum possible effort in to ensure good SH return :-)

what is fake news and basherbuck got in common?

Nothing fake news is honest it has Fake in the description. A fact Basherbuckbadbet does not want to admit about his posts.

"Trading this would be like trading space seats on a rocket.....

I would definitely want to be in one when the RNS hits."

fixed that for you IBAB.

"I prefer....

“My Mama always said you've got to put the past behind you before you can move on.” – Forrest."

We may have a break through!! Take this to heart and stop with the re-repeating of old news! :-)

Could you not see the jest in those posts (direct responses to the equally ridiculous bashing we get from yourself and others of a similar disposition. Ah well as forest says Stupid is as stupid does!

Care to explain why JPM pulled the plug then, SXX suggested Brexit and current market conditions caused the failure?

JPM were never going to invest in SXX directly as part stage 2 suggest you DYOR on that bit of history which is no longer relevant here. We are also not going back to the Bond market here so not sure what relevance the bond mark has at present but it was the US bond mark that was impacted by Trump and the Brexit impact was on the government guarentee (brexit was just a more important factor to the government of the day so not a direct impact on SXX) which is also not an issues here so please try to stay relevant and up to date.

It will put a damper on raising finance, given finance is likely to come from a foreign country.
Suggest you DYOR here as to way that will not be a problem for a commodity priced in $. But for passive reader this is rubbish like most things signed IBAB.

"Perhaps, but who will own it?"
Who will own what?

"Still doesn't explain why the original finance option failed. I can only assume that any new deal will be much worse than the last one, and it will end up giving over a lot of equity."

Again with the irrelevant history, classic basher, yesterday news repeated over and over and over. Lessons have been learned and SXX ARE NOT attempting a rerun of that so where is the relevance.

"Can't imagine that an investor is going to make a decision this side of an election, and if it's hung (which looks likely) perhaps much later than that."

"Can't" what Is this, makes no sense, believe you mean cannot!

I can imagine a decision at any point, I can even imagine the original stage 2 finance plan was successful and imagine the share price is no 20p not 3.5p. However, we should leave imagination to those in the Arts and crafts realms of life where it works.

Now I have responded in kind with the useless semantics, let take a real world view of your claims.

Brexit bad for investments in the UK, hung parliament bad for investments in the UK. 2 most likely outcomes of this GE. However, unlike IBAB investor have a clue how markets work and they would generally protect large investments with the various tools available to them. Poly4 is priced in dollars, a negative UK market sentiment increases the value. A $600 investment now cements the $1.3b already spent and almost guarantee's the mine will be built and further funding likely possible through bank funding or low coupon bonds. So the GE impact on the UK market is fairly irrelevant for investment here and can be easily offset by the many hedging tools available to anyone with a small amount of knowledge, which I am sure anyone considering a $600m investment will have in spades.

"Apologise if I missed any AIM day trader favourites hope this helps..."

Please go and seek out an AIM stock, we stick to FTSE talk in here!

buy pressure mounting

Sell:3.49p Buy:3.78p 0.06p (1.62%)

push down to close shorts in the afternoon auction? Seems reasonable with the current upward trajectory!

Bit of a reversal since this morning!

I also claim a very, very small fraction of HL's shares. Would be interested to know if HL hold any SXX in any of there own managed funds guess not as they seem quite risk adverse so imagine that most of the 10% is private owned