Member Info for Thornback

So the quarterly update whenever it comes should state that the project is at least 6 months ahead of schedule?

Jonesrichard, the Quarterly update won't say we are 6 months ahead of schedule, the article is indicating that we could end up 6 months earlier than the last quarter of 2021 first Polyhalite Production date.
We need to start tunnelling and progress faster than the baseline daily value target before the company can start claiming to be ahead of schedule against the TBM scope.
I do think we will beat the Baseline Programme but it will take time, we can't have all of the 6 month saving at the front end mate..!

BradSmith, I don't know you from Adam, but I sincerely hope you recover fully very soon.
All the very best mate...!

Thanks for posting Richy.
That's a cracker of an interview, I#m very impressed with Tony I have to say...!

Good morning Johnybeag, out of curiosity are you going to be working on the Sirius site by any chance..?
Regards

This share can be a scary ride at times but I honestly believe as long as the mine gets built, which I believe it will, then you won't lose your money. Even If Stage 2 is bitterly disappointing I do think you will get an opportunity to get your money back.
if however this goes to plan, then I think the SP could comfortably reach £1/share, all IMO of course..!

I thought that too Sctman, the company have had a better offer and that is because someone sees the potential and returns that this company has to offer.!

Very good post Scotma and my thoughts too.
I just have a gut feeling that the initial lending group wanted more than their pound of flesh

I suspect CF's ASAP quote may also have been said with the alternaive financial proposal in mind and being discussed..!

I think it's a very positive RNS and demonstrates (not for the first time) that CF doesn't mess about in making decisions. I'm sure he has perfect clarity and conviction in what he's trying to achieve.

I'm just sat here thinking and wondered if anyone could enlighten me on the Convertible Bonds currently in place with regard to what will happen with them as part of the Stage 2 Process please..?
I believe there were 2000 issued and that we need 85% converted to close the last 15%. We currently have 771 converted and so by my calculations we still have 929 Bonds left to convert to get us to the 85% required target (1700/2000)
What are people's thoughts/opinions on what will happen to these bonds post Stage 2.? Do we think they are held by the same Financial Institutions.? If so will they be superseded by some other mechanism or Bond within the Stage 2 Finance contract.?
Or will they just to need be converted as a seperate entity as the SP builds..?
Any thoughts..?

Appychap, I can't see how this can be anything other than a positive :)

No not Nurse Ratched, she wasa Bee-atch.
I've got Martini in my head ;-))

Hahaha, you're nuts Chesh, I think of the film one flew over the cuckoos nest when I see a post from you.
Keep them coming. :-))

A bit unfair don't you think Alan, the OP was just adding to the forum with information that is written in a local newspaper and which IMO has some very valid points in it, especially wrt HMG.

Let's not turn everyone off posting info on the forum after all we are all here to see this Project turn into one of the Success stories that this country needs...!

Thanks Alicia42, a very just article IMO, I also expected a little more from HMG myself to be honest..!

And good old gillian.hogarth.9 goes and spoils it lol :-))

I've just pulled an appointment card out of my wallet for when my pooch had his annual injections last year and I've noticed that I have wrote on it the appointment date and SP of SXX on the day, it reads, 23-May-18, SXX - 33.28.
I wonder if that SP will be similar on that date this year lol

BF, the term appears perfectly correct to me. Financial close means financial agreements have been signed and all the conditions agreed. Once this is completed we can draw down from the Fundraise money and crack on with the build..!

That should read tranches 1 & 2

In addition, I just have a gut feeling that the $400-$600 fundraiser isn't as much of an issue as tranches 2 & 3, I've obviously got no backing for this but once again time will tell...!