Member Info for verdeceleste

PAAA
On reflection you are quite correct
Thanks
Verde

Looking at the latest presentation it still says still talking with banks about "dd and t&c"
So they still don't know if it's $400m or $600m of dilution? Makes a fair bit of difference.
Verde

Capital are holding in 2 funds - maybe one fund manager just did a swap deal with someone to balance between sectors or countries?
and I notice they are loaning out a load of shares to the shorters
Verde

Great video Rockhead
Is the single track section used by anyone other than the Boulby mine? It would make a great cycleway/footpath in a few years time.
Verde

If they were selling in the market surely Capital would have to notify going through 9% holding then 8% then 7% so could this be just one big off market transaction???
Verde

GK
Surely the rail link would not be a bottleneck - they would only need to add more wagons - the video shows a train with just 15 wagons - EWS trains regularly pull three times as many (similar) aggregate wagons past my allotment
On the other hand the polyhalite is deeper than the potash so it would take longer to hoist to the surface
Verde

TB
Yes and I'll be switching another load of SXX shares into my ISA on April 8th
Verde

This is called putting a positive spin on things - the opposite of some on this BB
Verde

May 2021 (as explained in my post last October)
Verde

SL:-
You have been having lots of fun stirring things up on this topic -As someone who has always forecast dilution at Stage2 not as good or bad but just as very probable here are a couple of questions for you:-
1) What would you say to a strategic partner paying $500m and getting 20% of the shares?
2) Would CF even contemplate such a thing?
just asking........
Verde

Scotman
Surely there are lots of institutions that will only invest in dividend paying companies. In the case of Sirius when it is producing 10mtpa and generating cash it would make sense for the BoD to borrow money to finance the expansion to 20mtpa and also pay a dividend - increases SP and reduces chance of a takeover
Think this was part of Plan A
Not at all sure this is definitive but it makes sense to me
Verde

LL
A couple of large gins will probably unscramble your mind:)
Verde

Chilting
As I recall the lease/licence of the Boulby mine runs out about the time Woodsmith gets production ramped up.
You may well be spot on,
Verde

SL
It's not usual to offer actual advice on this site but here is some for you

use the filter button .........PLEASE

Verde

SL is quite correct - do your OWN research - different folk have different circumstances so they will get different answers. I have done a load of research on SXX and own a lot of shares without being 100% in and have always thought there will be dilution at Stage2 -
I can work on the balance of probabilities and IMO the shares are worth more than the present SP so I am not selling but if I was investing other peoples money or was sitting on cash then I wouldn't think of buying until the Stage2 details were released
so you are probably all correct:)
Verde

well said Fred
Verde

Scotman
The RNS of 12th July last was for Block Listing of 782 million odd shares (to clear the remaining convertible bonds) since most of the bonds have not converted I assume these shares could be issued to a strategic partner without any prior notifications or shareholder votes.
But I am no expert on these things!
Verde

Myo
Thanks - I had not seen this animation before - now makes sense - we have had 4 big bits delivered which match the front of the machine - the only one not the diameter of the tunnel must be the extraction screw mechanism which is behind the start of the concrete tunnel lining.
This project is certainly educational
Verde

until 2015 (when I got into Sirius) the only thing I knew about Teesside was that it was home to the famous transporter bridge - so it was nice to see several good shots of it.
looking at the other shots - does anyone know what the funny shaped bit of the TBM in photo 96 does?
Verde

Just caught up with all the good news on the TBM
Am I the only one to think it's a bit sad that so many of you had nothing better to do on Valentine's Day ?
Verde