Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just a heads up
No numbers but talking on a Sirius Facebook page contractors have finished many staff as of tomorrow.
This is the actual post
Matty Colman I don’t know a figure but there’s been a lot there won’t be much happening on here. The majority of contractors have cut there work force by at least half
I got involved after talking to my heart consultant in jan 18 ( who was well invested) Started with 10k shares and built up to 250k Nice to see the rise over the last days another 3p and I’m back in the blue GL ALl Ps thanks to myo and paaa for keeping me so well informed not forgetting chesh jonesrichard and Jesse
Casapinos I as I said before as thick as pig shoot ! I’ve built all my life and have always seen overruns and over spends I don’t often post but you sir should do one ! I’ll sit on my holding until either I’m rich or very sad
Thank you for taking the time to write this post Myosotis
Call me a goon but I’m in till the death another cheap 35k shares just bought
God I love this board . Everyone is feeling a little deflated I’m sure . If only I had sold last week would of made 70k shares . Why did I top up yesterday ? Fact is there are so many ifs buts and maybe s , long term hold is the only way for me was 20k up now 5k down Ohh well !
The truth is I’m just a thick builder . I’ve invested in sxx simply because I believe in this project. I can’t afford to lose my money some 60k that I’ve worked hard for . I have read the ft and gut tells me it’s one sided . I was in in jan when we were at 22p and still continued to buy at 27/33 and 35 . Fingers are crossed and have watched this board for a good while , scaremongering springs to mind . They can’t ( surely) get this far and then fall over ? Chesh and co I hope your right ;)
Thanks for the post that makes complete sense now .
Managed to open a share fund account with HL this morning as ISA is full of sxx . I know there will be tax to pay on my buy this morning . as and when I sell (near to never ) Can I sell on 5/4/19 to put them back into another isa . I just didn’t want to miss out on the 35p dip this morning . Any pointers greatfully received .
https://www.gazettelive.co.uk/news/teesside-news/sirius-minerals-releases-contracts-lists-14996952
Just see this and thought one or two may be interested http://www.proactiveinvestors.co.uk/companies/news/197911/sirius-minerals-shares-set-for-a-re-rating-in-the-coming-months-as-yorkshire-mine-advances-through-development-197911.html
Greed is taking over can't help but think about that sell button , Note to self "hold your nerve matt"
I see 4.3 m traded
Not forgetting a trip to fortune s for fresh smoked kippers !
For those who have not seen it ....SUNDAY TIMES In a few years from now, Chris Fraser could be one of the most popular men in Yorkshire — provided his outlandish project goes to plan. The 43-year-old is the driving force behind Sirius Minerals, which is digging the biggest mine seen in Britain for decades to tap a rich form of potash-based fertiliser beneath the North York Moors national park. When the company starts extracting polyhalite in 2021, Fraser will begin signing fat royalty cheques. Local landowners such as the Crown Estate and the Duchy of Lancaster are in line to pocket $4.9bn (£3.5bn) over five decades. For an area whose economic decline is exemplified by the faded Victorian splendour of Scarborough, it is a colossal influx of cash. Fraser, a bluff former banker who was born in Somerset but grew up in Australia, will also create 1,000 jobs at the mine, plus 1,500 in the supply chain. Sirius, he says, will help “regenerate an area where there had been nothing but poor agriculture and very seasonal tourism”. He adds that prior to the company’s arrival, “if you wanted a high-paid job you would have had to leave”. There are several substantial obstacles to surmount, however. For one thing, Sirius will have to drill down 1,500 metres to reach the polyhalite deposit. It will also have to carve out a 36km tunnel to carry the ore to a processing plant on the coast, where it will be crushed, turned into granules and shipped overseas. On top of that, Sirius will have to convince farmers that polyhalite is as effective as other potash-based fertilisers. The project is a monumental undertaking, and Fraser has been likened to the 19th-century pioneers at the heart of the Industrial Revolution. Does he ever feel he has taken leave of his senses? “No,” he shoots back, with a chuckle. “Technology has moved on from the days of Brunel. Everything we’ve done, people said we could never do.” Last year, Sirius broke ground on the first stage of the mine, which involves boring two shafts 6.5 metres in diameter. To pay for this, Fraser drummed up $1.2bn from shareholders and other backers. The mining and agriculture tycoon Gina Rinehart, Australia’s richest person, put in $300m. Fraser needs a further $3bn to complete the tunnel, five metres in diameter, that will convey the polyhalite rock to the processing plant on Teesside. Sirius will use a taxpayer guarantee scheme to underpin the debt, for which it will pay the Treasury a fee. “Now we’re into the fun stuff. We’ve been through the pain of the planning process and getting the stage one financing done was hard,” says Fraser. The chief executive hopes to secure letters of commitment from creditors before the end of the year. Sirius has signed contracts with a number of big agricultural suppliers, which have agreed to buy a total of 4.3 tons of polyhalite a year when t
Yes 15.5 mil bought today so far only 4 mil sold That should pop the so up ?