Member Info for verdeceleste

and it's the big trade show in Athens this week - if any deal is going to be done in Europe this would seem to be a convenient place to hammer out the details?

Verde

Myo
Think you were asking yesterday about the halite layer that has to be bored through - this is the rock salt that Boulby sells:)

Verde

Myo

Last night I watched BBC Look North on iPlayer but never realised that there was more than one version until following your post this morning I saw the longer "Yorkshire" version. Amazing how just editing out a view seconds in a couple of places made them into two different animals.
Also threw up another one of those cultural divides. Here down South we get told not to eat veal parmigiana because it's cruel to baby cows - up North you get told not to eat the local equivalent - parmo - because it's fattening !!
Don't you lot know that all good things are immoral. illegal or fattening? :)

Verde

old news.....

wwguk

Thank's for your very helpful response from which I glean that there should be a market for both types of product. The faint worry I had was that we would have to offload 3mtpa at rock bottom prices.

Verde

As I understand it- the MHF consists of a very large shed with space for three granulating machines/processing lines whiich will each turn out 7mtpa of Poly4. but only two lines would be installed initially. The Jacob's release today makes it clear that only one processing line will be installed at first (yes - you can imply it from the Sirius RNS)
Thus for possibly several years Sirius will be producing 7mtpa of Poly4 and 3mtpa of crushed rock i.e waht Boulby sells.

My question is - does anyone have any idea of the sales price differential between the two forms? Is it even possible that the company may be coming round to the idea that it may not even be worth granulating if you are bulk selling to blenders.
Also are the TorPs for granulated Poly4 or just "polyhalite"?

Verde

last month I went on holiday and came back to find that I seemed to have missed out on a great buying opportunity - then SL you needn't read any further:)

Yesterday the SP came back to a "can't resist " level so I put all the spare cash in my HL accounts into SXX at 24.38p
This morning was bargain basement day and I had a fish around and managed to get another 25k at 23.26p.

I do realise it's been raining in some parts of the country but it's all OK here

Verde

All this activity from the Boulby people is really good news - they will have three years plus to expand the market before Woodsmith gets going and by then they will probably outrun their production capacity so Sirius will have a nice market opening :)
Remind me Myo - when does the Boulby mining permit expire -- was it 2023?

Verde

Kyoung

Where do you get your delay in stage 2 financing from?
the prospectus of April 2017 (p68) clearly gives a stage 2 date of approximately 2 years from 1/1/2017
suggest you start worrying NEXT YEAR

Verde

xant14

Bad idea mentioning Asfordby mine here - this lot get worried enough as it is:)

Verde

No brexit the first Poly4 will not be shipped until 2022 as the MHS will not be finished until then (see September 6th progress report) First shipments will be crushed polyhalite - like Boulby sells

Verde

GK

looks good to me - got some more today at 26.98p
and has everyone forgotten that the SP was under 23p only a few months ago?

Verde

GK

looks good to me - got some more today at 26.98p
and has everyone forgotten that the SP was under 23p only a few months ago?

Verde

There is a big trade event in Athens the last week in October
Maybe any Euro TorP will come during or just after the show?

Verde

thanks Stokey - I was just throwing out a suggestion - everyone's circumstances are different - please go into any type of financial planning only after looking into the rules fully

Verde

Kyoung - good posting - the higher Nutrien can manipulate the price the more profit Sirius will make :)

Verde

Fred was asking about handing over shares to kids who you don't 100% trust financially
I had similar doubts and never did anything about avoiding inheritance tax until 4 years ago when my daughter reached 40
Yes you can give it away with no tax penalty if you live 7 years
You may have heard talk that an ISA can be passed on tax free - but NOT if you live to over 75 - except to a spouse
Hargreaves Lansdown lets you set up accounts linked to your own - so you can monitor, buy and sell shares on those accounts - so I have a couple of accounts linked to mine.
Any adult can put up to their year's earnings in a SIPP - HMG kindly adds 25% and the money stays there until they are 55+. You can put in £2880 a year even if you have no earnings.
I don't know your circumstances but you may wish to consider it as an option

Verde

radsatser

Thank's for the clarification - there is always and expert at hand on this BB :)

myo

yes it's all a bit petty when we have 90 years or so to come at 20mtpa (or our grandchildren do)

Myo "caught in a landslide"

That's one I haven't allowed for - is it possible that the MTS could be swept away or delayed by years due to landslides? Is this why we have a thicker concrete wall in the MTS?
Redcar Mudstone sounds like a pretty unstable thing - is it like ordinary mud?

Just asking..........

Verde

been out all weekend - put me down for 32p/42p at 24th December

It's not the FT, just McCrum - when Neil Hume is writing there is more balance.
and if you go back a while the FT was really positive on Sirius - see www,ft.com/whitbymine

Verde