Member Info for verdeceleste

Yellow
"consolidation means that the share price can fall to 22.78p"
Utter rubbish - go crawl back into your hole

Verde

LL
Fred was in India when this topic last came up.
Since the BOD has a stated policy (backed by a big bonus) of attracting institutional investors then consolidation is likely at some point.
Fred
It's all in the mind - you like a small SP - American institutions like a $50 or $100 SP.
No logic behind it either way:)

Verde

Milo
Or one could look at the professionals who two years ago put $400m into the convertible bonds to get 8.5% - when Sirius didn't even have a hole in the ground.
Since then, nothing has got riskier and the timescale is two years shorter.
If those guys got the odds right then even a 50p SP in 5 years time is still a good bet

Verde

You lot all seem to be forgetting Investing rule 1 - do NOT get emotionally involved -yes SXX is an absorbingly interesting case but if you keep getting all het up you will probably never live to see 20mtpa

Verde

Fred - your type of attachment to SXX is OK:)
IMO

"not a replacement,an enhancement"

This sounds like a really good marketing approach - better than "niche", "new", "disruptive", "organic" etc - can sell to each and every farmer with "enhancement"

Verde

For once a MF piece I can actually agree with !!!

Verde

I am a pretty tolerant type and have never filtered out any poster but have finally run out of patience with Skier1 and hit the button
Suggest you all do the same

Verde

Chesh - yes most things seem pretty obvious after I've been in the bar a few hours :)

Verde

Chesh

Been really happy with my investment until I saw your chart - now utterly confused:)

Verde

Jim Glickenhaus last posted here on August 6th this year - he's still on board:)

Verde

First quarter of next year

The honest folk on this board preface remarks with IMO and DYOR but purely as a result of a Revelation I now know that the first road header machine will reach the polyhalite seam on Friday April 15th 2021.
So the SP will get to £1 a week or two later (probably)

Which of you is running the First Poly Sweepstake?

Happy Tuesday

Verde

Rest of the World in practice looks like Australia - that's Gina's 50 ktpa
So that is still 1.75 mtpa for Europe - would this be Keytrade?

Verde

On page 6 there is a pie chart showing 18% of 10 mtpa going to Europe
This surely indicates that they expect to sign European deals for 1.8 mtpa?

Verde

Just found this wonderful quote which can be applied to SP, Brexit etc
"It would be almost culpable euphoria to suppose that anything is likely to happen"

Verde

Another quote I found "progress bustles along" - sounds like Woodsmith :)

Golfer

Thanks - exactly the sort of reply I was hoping for - now clear in my mind and won't worry no more:)

Verde

prevost

just stopped laughing

Verde

nice to see Sirius getting into "women in mining" but why no mention of Saint Barbara? not a lot of picks and shovels either :)

Verde

Thanks for the replies - the Channel Tunnel is the obvious example and to just abandon the machines sounds the simplest way out but I thought these things were being leased and £8m a pop may be nothing to HMG but £16m for the two may worry the rest of us:)
Myo - the other two possible shafts seem to be in the wrong place for this purpose and since they are described as ventilation shafts I assumed they were only small bore.

Verde

This morning I woke up worrying about Sirius - not the SP but the big machines that are going to bore the tunnel.
The number one machine is OK - it starts off down a ramp and when it gets to Lockwood they presumably take it to bits and hoist it up the shaft and away.
What about the other two machines - they are due to meet somewhere between Woodsmith and Lockwood - nose to nose - then what? They can't reverse because the concrete segments would prevent it - so are they broken into small bits and hauled 12km back?
This is a serious question - the internet just shows tunnel boring machines breaking through into empty space!

Verde