Member Info for stokey12

Digittt - Although the processes might be the same the guarantee is being provided by the Infrastructure Projects Authority whihc is a joint DfIT and Cabinet Office organisation. The final guarantee will need ministerial sign off.

Myosotis - Thanks for these good to see that the patents have been granted and improtantly these are US patents. Which will protect them in a large food producing country.

Myosotis - Thanks for reminding me of this. It seems that the company may be looking to exploit its patents through working with agribusinesses. If this is the case it could provide an additional revenue stream without sidetracking from the development of Poly4.

Hottrader - Going by your post history I would be reluctant to take up your suggestion to topup.

for the mine https://twitter.com/henrimurison/status/1001353520820510720. Anyone would think this was a concerted effort.

OR - Yes you can. I think you will find that the report was commissioned by SXX. Certainly QUOD list York Potash as a client.

I think we can all agree withnthis comment on the article. 'Well done Sirius for your innovative thinking tied with a strategy of protecting the local Environment and helping local communities. The success of this project is of long term importance to the North Yorkshire economy for many years to come. What you have achieved so far against the odds is nothing short of remarkable , the passion and expertise the Directors have demonstrated so far has been impressive to say the least.'

As it is the weekend hopefully I can avoid causing another BREXIT diatribe. If this directive is passed prior to 29 March 2019 then under the provisions of the EU Withdrawal Bill it will become Retained EU Law and as such part of UK Law. However, HMG may decide that it is necessary to cure a defect in it to amend it.

result even

Chris - If it is permitted can you cross post the post that you mention. On the point about shares beinging in short supply because private investors are holding onto their shares. That is a distinct possibility as about 75% of the current shares are in the hands of private investors. However issuing shares to increase the number of shares in circulation does not seem a sensible solution. Surely it would makre more sense to allow the share price rise as a rewsult of the lack of shares thus causing sharehoders deciding to sell some of their shares.

74seagulls - I remember reading somewhere that the price is FOB so only covers the cost upto the Poly4 is on the ship to be delivered to the customer. I am not sure who pays for the delivery to the customer from then on.

I have made a rough estimate and subject to my dodgy maths if SXX was to get $145 a tonne for Poly4 then on 10mtpa the revenue figure is out by a small matter of $180,000,000. Is that what everyone else got. Of course that is the gross figure and does not make any deduction for tax. Talking of whihc in their report they used a figure of 20% for corporation tax. By the time the mine is in production corporation tax is due to go down to 17.5%

Of course they are basing their figure for revenue and therefore tax on a price of $127 a tonne while the torPs have been at circa $145. My maths fails me what does that make the extra revenue?

googlebot - You are assuming that government ministers have brains. On what do you base such a suggestion?

Not much real detail in the story. As far as SXX is concerned there is nothing new.

Asperger1 - Thanks the information on this site is useless it is giving the 2017 financial info for dividends

Can someone remind me when is the dividend payment date?

Sirius is starting to run a series of job fairs over the next couple of months to highlight the construction jobs that will be available. As these events are labour intensive and costly do people think that they wold not embark on them unless they were fairly confident on getting the funding to complete the mine?

If you live in the Whitby area and are looking for a construction job you should see this. https://www.gazettelive.co.uk/business/business-news/2500-sirius-minerals-jobs-coming-14695603.

dvh - The results relate to the period before the major client at cobre ran inot difficulties. we will need to await the half year financials too know if you ar correct in your view.