Member Info for stokey12

DGR1980 - I think you are right in your interpretation. But what is not clear is what happens to existing employee share ownership schemes under these proposals. Can you have a employee share ownership scheme out side of this statutory one?

Chigboy - As I understand the proposal it would be 1% a year up to a maximum of 10%. I am not sure if SXX has an employee share scheme, I think it does, but if it would provide a dividend payment of more than £500 then the employees would be worse off under the labour plans.

Chigboy - As I read it the reference to a £500 dividend cap relates only to the dividends from the employees fund. Ironically in view of the reasons for this idea it might have the effect that in companies that have an employee shareholding scheme the employees might end up worse off.

Those of you who remember the letter in the Times earlier in the week about using a nearby rail track may be interested in this tweet https://twitter.com/siriusminerals/status/1043057713511624704. It also answers the suggestion voiced on this board along similar lines.

and discussing SXX may I ask what if anythin does anyone execti from the interim results and quarterly update which are both due next week.

causal - There is insufficient infomation for me to make a precise prediction at this stage. There is to much fluidity in what is happening for any prediction to be anymore than pickin a number out of the air.

As I did so well yesterday with my prediction on the share price I am going to predict that by the end of next week the share price will fall within the range of 15 - 45p

I see my prediction on the closing price in my 7.22 post was accurate.

Skier - Thank you for your very interesting post. May I most respectfully correect you on a couple of points. Firstly, the reference to state aid is reference to a HMG guarantee the amount of which has gone down to $1.5bn. The economic case for this has been independently verified. You are wrong about the share price collapsing by a half in less than a year the 3 year chart on here shows that the share drop has been under a half in over 2 years. Thirdly, in relation to a takeover the memebers of this board are more or less evenly split on whether there will be a takeover. I am on the side that there will not be a takeover. The only point you would appear to have got right is that costs have gone up by approximately $0.5bn. I would observe that had this been a HMG project then the cost would have gone up by more than this by now.

Myosotis - Thanks that is the link I was looking for.

Myosotis - Thanks the day was business not pleasure did hear a few things of interest. I do not suppose you recall the link to the papers in case I need a cure for insomnia.

I can say with a high degree of certainty that the closing share price will be within the range of 10 - 40p. However there is insufficient information at present for me to be anymore accurate.

Myosotis - Thanks so when the order is made everything will be ready to go ahead then. Off for the rest of the day so I will have to leave you to prop up the share price.

reposted after correcting typos Myosotis - May I raise a quibble are you not forgetting about the High Court Order that is required to give rights over those parts of the route that is not already owned by Sirius. That application will be listed to be heard sometime in Michaelmas Term which does not start for another ten days.

Myosotis - May I raise a quibble are you not forgetting about the High Court Order thtat is required to give rights over those parts of the route that is not already owned by Sirius. That application wilol belisted to be heard sometime in Michaelmas Term which does not start for another ten days.

The $250m from Gina is due to be received by today so I would expect conirmation that it has been received tomorrow.

going to the AGM do me a favour and ask if they were not going to already if it is still expected that a maiden dividend will be declared with the interim results for the six months ending 30 September.

MrDt - I think the BoD wil pull a rabbit out of the hat and surprise us on the funding. If I was to hazard a guess the shortfall will end up being on the lower end of the range and will be covered by subordinated debt. My reasoning is that we have had a couple of RNSs which surprised us so another would not surprise me.

Oilman - With all due respect I find Myosotis's posts very informative more so than most of yours I would say. If I may suggestif you find them annoying use the filter button.

Fred16 I agree with wwguk's 15.20 post. If we are both at the AGM next year the first glass of red is on me.