Member Info for stokey12

I wonder if Sirius would be able to get funding from the fund mentioned in the article to fund the Binder factory.

blackpoolchris - I do not have a get out price. I have a get out age and that is 65 when I reach that age I will probably sell and use the proceeds to pay for my retirement.

anewman - Yes the share price will rise but this share should be viewed as a medium to long term investment.

today in perspective it is higher than the percentage increase in the FTSE100 and has outperformed the FTSE250.

anewman - As the mine is not going into production until 2021 I would not expect the share price to go above a pound until then. But I have a track record for being wrong. I would advise you if you have not done so ti go to the company website and read the last two or three presentations.

verde - I am not sure that you are right when you say 'if nobody sells there is nothing to buy so the price will not go up' I would think the price would go up to persuade people to sell.

Came across this from the gazette https://www.gazettelive.co.uk/business/business-news/sirius-minerals-deal-could-bring-14972658.

Davewin - Thanks for the offer but the last lot of magic beans I bought were not much good so I will pass.

DaveWin - Unless you are the Monarch you cannot throw the swan on the barbecue.

For those who are interested we are curently ranked about 204 on the FTSE All Share Index. This means that we are comfortably in the top half of the FTSE250.

IB - If ADM want any shares they will have to go to the market. My reasoning is that when the convertible bonds were issued the offer was not made to people in the US. I think this was for regulatory reasons. The same regulatory reasons would also probably preclude a placing on any kind of issuing of shares by sirius.

poortiming - Yes it does when you look at this patent application https://www.freshpatents.com/-dt20170511ptan20170129822.php you will note it makes reference to using a binder.

Potashman - I would say that at prodcution the price would most likely be in the £1 - £4 range taking the current share price into consideration as well as any uplift from stage 2 financing being completed.

Myosotis - Of course it will be of interest to see if they make use of any of the sirius patents in their products.

Having looked ADM up on wikipedia https://en.wikipedia.org/wiki/Archer_Daniels_Midland#Price_fixing there are a few concerns about its probity. Having said that it is still a solid company on paper.

The ADM RNS is what you may call a left field RNS. It is not the TorPs agreement we were expecting. However it does give credibility to the overall proposition. The fact that a company that is apparently 48 in the Fortune 500 is working closely with Sirius including in the R&D area enhances the company's profile. The question I have is why is ADM now coming out in the open whe the original TorP agreement was signed some years ago.

how long the site was closed after the accident earlier this month

happened in the past I would expect an RNS within the next ten days or so. Also we may have a correction tomorrow if there is no RNS then.

duracellaa - Just after the market opened it was briefly showing a 4% drop. I suspect that might have been from the auction call. I have seen this before that at around 8am you have a share price shown whihc is not reflected in the opening price shown on here.

Are we likely to recieve a update on the amount of commitment letters received during the course of this week? Does anyone think that the sudden drop that showed at around 8am this morning may have been caused by the market expecting news this morning then ot seeing it.