Member Info for stokey12

Telephoneman - Yes I did mean the sites but also if they ever got around to building anything on the site that as well.

Does anybody know if TV1 and TV2 are still available and usable. If so can Powerhouse make use of them?

jqnewcastle - In my 05.20 post I asked why you thought that 13mtpa and 20mtpa was too ambitious for SXX as the had existing Take or Pay agreements in place three years in advance of production. Your reply was 'Hi Stokey, from the table the demand in 2020 is 37mt/yr, and you know why the target of 13mt/yr or 20mt/yr is far too ambitious for a new company.' This with respect does not answer the question if I knew why the targets were too ambitious I would not have asked the question. My view is that the targets are achievable.

jqnwecastle - As a stupid southerner can you explain as sirius has Take or Pay agreements in place three years before production why you say in your 21.40 post 'From the table, sale of 20mt/yr (even 13mt/yr) is way too ambitious for SXX'?

Did you see who was speaking at 9.45 good person to make a connection with?

I see that Libernium has reiterated its buy recommendation witha target price of 50p. At least they are consistent.

barnaberible - I understood that I was using your post to respond to that post as I have the poster filtered.

Taff - I think you will find that the market had priced in today's news months ago when it was announced. If that is correct the share price would only have moved higher if the results had beaten market expectations. Judging by the share price the results did not beat market expectations. I will keep this on a monitor while I decide to buy back in.

barnaberible - I do not think that Lloyds are the only FTSE100 company that are penny share. Although to be fair that would depend on how you define a penny share. In any event the argument for consolidation that Ausinvestor has used does not have anything to do with the company fundamentals. Also if you do a 5 for 1 consolidation you reduce the number of shares in circulation. This would have the possible result of causing an imbalance between supply and demand which may prevent institutional investors from buying shares in any meaningful amount as there would not be the supply available.

Verde - What do you see as the case for share consolidation.

How did we get to talk of consolidation. I know Ausinvestor frequently pushes for this. However I do not see any need for it at this stage. Can somebody other than LL who I have filtered please explain what the benefit of consolidating would be.

Myosotis - A guide for its size for those who are unable to appreciate it from the documents is that it would appear from the RNS that it will have a capacity to hold 250,000 tons of Poly 4 at a time. If my maths is right that would be about two shiploads.

Verde - I think that relates to the part where the granules are checked to make sure they are all of a uniform size.

Another left field RNS. The RNS is positive for a successful completion of stage 2 finance. Everything appears to be on course all we need now is the MTS Fit out contract to be completed and stage 2 can be finalised.

Nelson - During the October market turbulence it never dropped below 20p so can you provide a reasoned argument for why you say 15p.

The largest amount of shares amounting to slightly over 23% is owned by Hargreaves Lansdowne Nominees. This relates to a number of separate accounts. This means that HL's clients if they were to act together could almost block any motion that would require a 75% vote in favour.

It is rare for a Minister to resign on a matter of principle. It is even rarer for a Minister to resign on a matter of principle in relation to the implementation of a policy rather than the policy. The fact that Tracey Crouch resigned over a matter of principle connected to the budget makes me concerned that we may have light market turbulence as there might be fears over whether the finance bill may be affected. The question is how long it takes to name her replacement. If it goes beyond lunchtime that might cause some concern.

mail12 - Having watched I am more worried about the HSE they were not wearing PPE.

borderreiver - Did you have to mention that subject we have been able to go a week without any discussion on it. ou have to buy the drinks now.

Chriskies - Actually it is less than that. The difference works out as exactly the same number of shares awarded as bonuses.