Member Info for TonyFawcett

Looking forward to next weeks update , should have a positive reaction, news on Commitment letters should be out by the end of the month, could be a profitable couple or three weeks. Here’s to the £1 party.

Nick Slater is probably simply realising some Tax losses , and he must have a substantial amount in VAL, the positive thing to be taken from this is that he found someone willing to take these share from him. Just as the last fund raising was soaked up quite rapidly, it confirms some confidence in VAL and its excellent prospects.

Trying to predict share prices confounds the experts so looking at the fundamentals of Polyhalite and it’s
Potential is probably a better indicator of shareholder value and returns. Worldwide fertiliser commodity markets are supported by several factors, worldwide population growth, because of this global demand for fertiliser will reach 320 million tonnes by 2020 from 285 million tonnes back in 2015. Demand will continue to rise as the demand for food from a growing population increases. Poly4 has already proved in trials how a multi nutrient fertiliser can have a positive effect on plant health leading to higher yields especially in drought conditions by making nutrients available at the optimum time. Exchange rates and shipping costs will have a direct and indirect effect on future profitability of Sirius. Forecasts based on these fundamentals can enable analysts to forecast future profitability and therefore predict future value and translate this to the share price. These fundamentals Translated to the sp things are looking very positive. Why the share is languishing at the current levels is purely down to uncertainty regarding St2 funding, once this is finalised then we should see a substantial rise. If you look where the share price was three years ago and where it is now , the project has been massively de risked over that period , planning, construction progress, St1 financing etc, yet the share price remains pretty much unchanged. IMHO the share price is too low and does not reflect progress to date and once St2 funding has been finalised and agreed then we will be rewarded. £1 Party next Christmas fingers crossed.

DuracellAA
The mole bores the tunnel, they have to bore 250 metres mechanically with peckers before the mole can be positioned in the tunnel.

DuracellAA
The mole bores the tunnel, they have to bore 250 metres mechanically with peckers before the mole can be positioned in the tunnel.

From what I can gather is the company is confident of getting the finance through, we will be updated in the first full week of the new year with the Quarterly Update w/c 07/01/19. Letters of intent by the end of January and St2 Finance by the end of the first Quarter. SXX has a track record of accomplishment and success. The Mole is on course to be tunnelling in February as previously predicted. SP is only going one way in the New Year and it’s not down. A visit to the Woodsmith Mine Site and a drive around the road that surrounds the site fill me with confidence that things are full steam ahead, the dry and mild weather is speeding up the progress makes me less sceptical than most.

In January an announcement regarding letters of intent will probably be coincided with the Quarterly Update which is due anytime after the 12th, it could of course be delayed upto the end of January whilst the i’s are dotted and the t’s are crossed. I am aware that mining teams have been working over Christmas , presumably to get the tunnel mole installed as this will be a major milestone in the mines development and a massive achievement that is months ahead of schedule. By the end of the first quarter we should have news of St2 finance and by this time the sp should be well above it’s current level as the Civil Servants who run the country (whilst Politicians argue over Brexit ) will have Approved Goverment Guarantees to support the borrowing.

We can expect Banks Letters of Intention stretched out until January now , may coincide with Quarterly Update. No point in making any announcements over the next two weeks as it will land on deaf ears.

Let’s hope the BOD share purchase was out of greed rather than guilt. They’ve lost less than me and been paid handsomely. It beggars belief watching your investment dwindling by the day.

No news = No SP Movement. The Aim market is essentially News Driven.

I want SXX to continue the success and build on its achievements thus far, as a shareholder I of course want to see the shares rise. But we have to be realistic under current market conditions as to why the share price is so depressed. This company has overcome hurdles that no one thought it could and as stated on my previous post when you see the progression and investment going in you would have thought the Directors are pretty confident of success even in turbulent and uncertain times so as previously stated I am a holder not a seller. And I remain hopeful of some good news soon but in the absence of I will remain cautious.

It’s already priced in but in the absence of positive news on St2 Finance then this share is going nowhere. What concerns me is that the cash burn has been ramped up considerably lately. Hopefully st2 Finance is still on course , and would seem the Directors are confident of it being completed when you see how many people they are employing, there’s 80 working in their Head Office. I haven’t a clue what their actually doing but salaries are generous and the Payroll is growing. A CEO on £400,000 pa alone all adding to the costs. With Globel Economic worries tightening the money supply they have a big job on their hands. But their track record of achievement is telling me to hold on to my shares.

With the Banks running for cover afraid of an impending recession a collapse of the EU becoming an ever nearer possibility. Goverment instability and the chances of a No Deal put the chances of a Goverment Guarantee at best being remote. On top of which the absence of Lenders letters of Intention which were forecast by the year end make more shareholder support and share issues a more likely to carry on funding unless a Partner or buyer is found. Unfortunately share price could dip below 15p unless the company can come up with some better news in next months quarterly update, if that is delayed for any reason then we might see investors running for cover.

The current share price does not reflect the underlying value of the Company particularly with the potential value of 401 and 201 that have not been factored in to the share price. We should see a bounce today, in three months time you won’t get them at current levels.

Lost virtually all my investment, gutted. My wife is threatening to throw me out. If it was not for bad luck I wouldn’t have any at all ! I think we must have cause for some recall with the BOD. I would like an explanation as to how after all their recent RNS’s they must be guilty of misleading Shareholders.

The BOD must come clean on what the hell is going on, we have been taken for a ride , we can wait no longer
they need to reassure investors urgently

Well that’s been well received by the markets , Not!
We were hoping for better news than that to lift the sp, with the absence of a deal on 401 the sp will probably drift lower. There are a lot of small investors on here who are suffering massive paper losses because of an inability by the BOD to finalise a deal.

I think the share price is where it is because of all the Political and Economical uncertainty, Banks are building up their capital reserves and restricting lending. Banks are cash hungry when I speak to friends in business who are experiencing undue pressure from their banks . I am not sure Banks have an appetite for this scale of lending in these uncertain times even when it’s syndicated. Political Unrest and uncertainty will undoubtedly delay a Treasury Guarantee or even prevent it. Therefore the only option is a share dilution hence the current share price. I look forward to the Quarterly Update in January and where we may see more clarity of the current situation and predictions.

There is a Quarterly Update due in January, we were also promised Funding Letters of Intent by the end of this month.
I would particularly like to know what the current cash burn is and how long current cash will last . There seems to be noticeable activity and progress on all three sites so an update would be welcome.

Unnecessary wide spread, come on MM’s this is greedy.