Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
lf you dont understand the emotion of the shareholders that got SXX where they are today , & now giving it all a way for a pittance , you have no right to comment as you have with no empathy whatsoever . Go & nest somewhere else .
The whole reason people are up ln arms about this brilliant engineering mining project is Anglo American are getting it for peanuts , when considering all the monies us private investors have put into it Thats the whole point , & thats why lm voting No !!!!!!! Come on SHEP wheres your backbone .
l think there going to be in for a shock when we do all put our vote in though . Power of the people underestimated again .
Brexit comes to mind !!!
Terrible state of affairs , considering the value of the mining product , so its definitely a " NO " from me out of sheer principle !!!
Foreign means outside / yes ? Unless you work for the board of Sirius Minerals that is !!!
What a post from Pterois , said it all really !!!
lt does seem very wrong that after all the amazing effort / support / & financial backing Sirius has had from the people in the UK. & after so many years of promotion & developement of a unique & biggest single mining project ever in the UK. that Sirius Minerals is finally giving all this away for peanuts to a foreign company .
What is wrong also with our goverment for ignoring such an amazing project , & more interestingly would the goverment allow SXX to go into administration upon a significant NO VOTE ?
Furthermore we shareholders have to tolerate Chris Fraser & the board at SXX selling our company like they would sell there own car to webuyanycar.com . But the difference would be that we the people own 85 % of the car there selling .
lts just plain WRONG what is happening to us the private majority shareholders being kicked out of the company with so little
OK. Anglow Americans ridiculous & insulting offer is more or less done & dusted it would seem , whilst Mr. Chris Fraser is left with a big smile on his chops , having paid himself £ 950 . 000 pounds in wages during 2017 / 2018 together with an incredible £780 . 000 pounds in bonuses during same period , also what in 2019 . This is not to mention Mr. Frasers neally 7 million pounds worth of shares at 5.5 pence of which the vast majority he did not pay for himself .
So , why dont we all " VOTE NO " to AA offer & see what happens !!!
At least it would wipe the smile of Mr Frasers chops & take the SHINE off Anglo Americans insulting offer !!!!
l dont think for one minute the bod or AA would let SXX go into administration , so it could be worth a try !!!
The question is could we all agree to make it happen .!!!!
Sirius Minerals Woodsmith Mine in Yorkshire containing approx. 2.6 Billion tons of Polyhalite / valued at approx. £230 Billion pounds after recovery costs .
Neally a Billion pounds already spent on developement cost to-date .
Paid for mostly with 85 % private shareholders money .
Company equity around £ 575 Million after financial liabilities taken out , & SXX board of directors are going to give all this away , one of the biggest mining projects ever in the UK.to Anglow American for there petty cash offer of £ 405 million pounds .
WHAT A JOKE !!! BUT WERE NOT LAUGHING ARE WE !!!!!!!!!!!
But the" Warm"reality is that the total value of SXX polyhalite exploration to date is worth approx. £230 BILLION POUNDS & thats after mining costs taken out . SOME ASSET !!!!! & thats why im staying put .
steadygoes --The Foundation has been laid , & it will eventually be worth £ 230 Billion Pounds , given some more investment .
Good god !! Some more confidence .
Mind you when you consider SXX have an enormous asset with Woodsmith Mine valued at £ 230 BILLION POUNDS .
What else would you expect. ?
There you go , City Group read my post then .
More confidence from you lot please !!!!!!!!!!.
Good article on SXX in Sat. Daily Express , & yes cost of mine to completion nearing £ 4 Billion pounds . But , as pointed out in the above article , favourable proven mining conditions composed of Redcar Mudstone , together with a resource containing 2.6 Billion tons of Polyhalite worth in the region of £ 230 Billion pounds , should surely still be an enormous incentive for investment from somebody in the near future hopefully , & is why 85,000 pi invested in the first place .
lts not quite all over yet l feel .
Also its probably worth rememberlng for those concerned about any mining problems at Woodsmith , that there is a lot better understanding of tunneling today than when the Channel tunnel was constructed that had many complex & complicated geological engineering problems to deal with . SXX therefore spent a lot of time & money exploring the geology they would be up against . lts "definitively" not quite over yet in my book .
As l exspressed the other day , its a dodgy old game investing on the stock market . your relying only & completely on the future proposals of developement intentions set out in the companies RNS statements . ( lf your lucky enough to get one )
How many times though have these intentions that you wait months to hear about have mislead , evaporated , or failed completely of there developement proposals , & left investors high & dry . l could write a book !!! Roobans would probally agree with me on this after an experiance with a certain company chairman Mr . R . Grewal .
Hence my decision now to never trust & gamble on the stock market again .
However , l,m still holding on to my shares in Sirius Minerals , & somehow do believe in there incredible mining project in Yorkshire , even though there is still some risk & little comfort from the companies latest short & uninspiring RNS statement .
( They surely could have been a bit more confident with there suspension proposal ) !!!
Looking further ahead , Myos ( " Perspective" post ) at 10: 23 am. does present perhaps a slightly better picture & some confidence of where the company is at the moment , & this together with finally we hope a country leader , that has tucked his shirt in , tidied himself up a bit , & appears very determined to sort the UK. out wherever you live . Boris is a man that calls a spade a spade ,& thats exactly what this country needs at the moment , confidence & inspiration . Lets also hope that SXXs management follow suit , tuck there shirts in , & get the funding sorted once & for all !!!
Sirius Minerals hardworking people & contractors building the mine , together with investors loyalty , surely deserve nothing less.
Tread carefully people .
There,s something odd & unsettling with Sirius Minerals latest RNS only briefly outlining the stupid reason for there decision to suspend the bond offer , which has consequently & obviously resulted in so much uncertainty within the market share price
As somebody said earlier , why a suspension , they could have just left it open . What difference would it have made to the price of bread under the current financial upsets , which will probally settle down anyway .
What will change in 6 weeks time or so to make the bonds asset value more attractive .
lts certainly not very confidence boosting to all concerned , especially when considering SXX s currently employed very exspensive world class engineering contractors who are working there nuts of for the company , & just maybe now wondering what the hell is going on , & whether there going to be whistling down the wind for there next invoice payments . wouldn,t you.
How is SXX convincing them otherwise , when they put out RNS as they have done .
There,s obviously a lot more to all this than meets the eye , which the market rightly or wrongly is not being informed of .!!!!!!
Meanwhile private investors in general are running around like headless chickens trying to decide whether to buy --sell--or hold after SXX timebomb announcement .
lnvesting in the stock market has always been & always will be a dodgy old game , & this company investment is certainly proving to be no exception , which is a shame for all concerned .
lm holding for now , but for sure this is going to be my last stock market investment .
The uncertainty & volatillity is not for me anymore .
lm going to just appreciate what l have got & not yearn for any more .
Tread carefully people .
So !! Lots of early comment , but nobodies got an alternative to MR. Johnson to run the country ?
l agree , what a company , what a team , & what a project .!!!!!
And !!! What about bumbling "Boris " & his maiden speech in Parliament . Boris,s bumbling finally turned out to be a man with a brilliant brain combined with a stealth determination to hopefully get to grips with our countries problems & finally sort them out whatever part you live in .
Everything in life has an element of risk involved as were all to well aware of , but with the company & people above involved makes me feel a whole lot more confident .
lf the above linked report is so positive & good , why have Randeeps companies , G .D.G / G.D.L./ G.E.L.in China been such a failure & lost shareholders money , whats suddenly changed after all these years working with the very dodgy chinese companies . Finally selling Most of G.D.G.gas assets to pay of dept & presumably starting all over again with cbm gas developement in China .
No comments then , your a funny old lot on this forum , but l do admire your project enthusiasm , lf your not careful you will finish the mine tunnel before Sirius with your hyperactive mindsets . What a project it is though , & thinking about it l could do with a bit of excavation material under my old patio where its sunk a bit . GLA
ffcmember : Buys & Sells trade charts , with respect your point is taken with other comments here on incorrect entries .
So what is the point then of the charts if they cannot be trusted with accurate data imformation that so many investors follow & make comments on . "The title arises under misleading financial lmformation "
Many investor consumers are without doubt influenced by the content of these charts & that is morally wrong .
The only reason the FCA dont take this up , is the disclaimer third parties add to the end of there financial websites that most investors never get round to reading . On a final note can anybody impress on me the point of the charts in question & the purpose they serve with so much incorrect data imformation ?