Member Info for speedymeadie

Hi All. Having just read most of todays posts. It seems as though the extra funds needed are only circa $400m and we will end up with a bigger tunnel. better lining (less chance of water probs). I imagine this means sxx has been further derisked. ATB Speedy

Hi Beeshoney. You thoughts are spot on re finance and PFS. However you failed to mention the No1 sticky point. Mr Ps 50%. ATB Speedy

Hi RayG. Why do you think the BOD will "walk away". The Chinese will want a good return on their investment and i think we will be taken along with them, probably not quite as much as we would like. I for one would settle for 0.38p (strike price) for a top slice and then ride it to 5.0p for a good 2021 xmas. ATB Speedy

Hi Cranleigh. Many thanks for sharing your views. subordinated debt would be great if what you say is correct and sp holds. I would imagine that would depend on the conditions the financiers demand. No matter what, when finance is agreed this will soar. IMO. ATB Speedy

Hi Cranleigh. We were above 37p when the news hit, we are now 25p a fall of approx 33% . If the solution is dilution it would not be "forever" as the SP would probably go north of 40p as soon as any doubt on financing is dealt with. I am convinced this mine will return massive profits to holders and would be quite willing to add to my holding if further shares were issued. The dilution route is not the best option by far, but it would not be a disaster. ATB Speedy

Hi Myosotis I thank you for your in depth and knowledgeable response. I agree it is a complicated process, and maybe i am being a bit too simplistic. Once all the questions on what is needed are answered i still favor the short term pain of dilution over long term loss via royalty agreements. I am sure CF will come up with a solution that will be beneficial in the long run to us LTHs. ATB Speedy

Hi Stokey. The important part of your post is "It MAY be that the final deal will not have a royalty component" I hope so but mr market hates doubt, so do i. I would like to see a definitive answer from the BOD on how these funds will be raised. Lets get it out the way and make progress. ATB Speedy

Hi Myosotis. Would it not be better to bite the bullet now and have dilution and guarantee a built mine. I know this thought will outrage some here but i feel it is better than giving away a major part of our future profit for the life of the mine. ATB Speedy

Its hard to talk whilst being strangled by a bear. ATB Speedy

First mining of polyhalite, first polyhalite, who cares. What i want is first divis. ATB Speedy

Hi All. Could the reason for the delay be that the numbers are not good enough yet to meet Norilsks parameters for purchase. Just a thought. ATB Speedy

I love em. ATB Speedy

Hi Ex. 3.30 at Goodwood ATB Speedy

Looks like i may get my 400.00. ATB Speedy

definitely not "small balls" ATB Speedy

being posted on here now, what a shame, this used to be a good discussion forum, now its full of childish rubbish. A dust up at the AGM just about sums it up. ATB Speedy

Hi FRAK. Every time i see one of your posts i think "this is the big one". Keep digging my friend and please come up with "Norilsk offers finance and TORP agreement with AMC. We can only dream. ATB Speedy

Hi All. Commercials are net long gold, this does not happen often and JP Morgan does not like to lose. ATB Speedy

Hi Jakers. Thanks for the reply, i will read it later as i don,t want to spoil my day. ATB Speedy

Hi AlanG. There is no point in discussing buys or sells it is irrelevant, the only thing to look at is the deal price. ATB Speedy