Member Info for verdeceleste

Mr.dt

As you say Brazil has magnesium (and sulphate) deficiency and they grow a lot of crops that need low chloride
Surely this makes Brazil THE place to get a premium price for Poly4 - we don't actually want a regular TorP - we need something much better. Maybe this is what is delaying things?

Verde

agree - I have had a look and 38.4p is my projection

really good - now have 80p for my 80th birthday as a probable in late 2021 and hopefully will still be around for the £1 party in 2023

off to the bar to celebrate,,,,

Verde

que sera sera

Superleggera

Sorry-I cannot malign you as what you say agrees with my understanding of the situation

but all is not lost the MTS is surely a transport facility which will keep 20mtpa of Poly4 off the roads and to the docks
the April 2017 prospectus p92 says the MTS will cost $857m
so surely HMG can back bonds to this amount?

Verde

and it;s the favourite
13.10 race @13/8

well spotted

short sellers cannot hurt a LTH
you do not have to sell and if they push the SP down you save money when you buy more

Verde

ll
agree with you on this
and so we get back to 16yr bonds backed by HMG
or dilution......

Verde

"may well become the profits powerhouse that many are expecting" says the article which I have just read
to me that's positive
I must be a glass half full kind of guy?

Verde

not thought of it that way - it is a fair chunk
how easy would it be to vary speed once the conveyor was installed? would they be running slower than 7.5m/s when production was a lot lower?

Verde

myo

thanks for the links - gaining 6 months must be good
However a new question now comes to mind....

2 shafts each with 2 winders gives 25,8mta - the MTS will deliver 20mta at 7.5m/s
any way of knowing if the conveyor could be speeded up say to 9m/s giving us 24mta?

I have never seen anything above 20mta mentioned but why not - technology advances

Verde

taufour
VED is likely being taken private by the majority shareholder so the institutions have probably sold up

probably why our CFO is on a bonus for upping the number of institutional shareholders

Verde

myo
your 10.39 posting has a mining schedule that does not resonate with me. has it been updated?
this schedule shows 20mta in 2016 - earlier than I remember - and this presumably means a stage 3 financing even before we get up to 10mta

also please can you clarify on
- 20mta is constrained by MTS capacity
- 13mta is constrained by one shaft/2 winder capacity
- 10mta was I thought constrained by docking capacity -

does the deal with Redcar port mean we can go straight to 13mta with very little capex?

thanks

Verde

chitting I stand corrected. Hopefully when we can get our own Poly4 it will also do something about the slugs

Verde

sorry Chitting but I've been growing spuds for years and never thought of using a potassium fertiliser and as spuds are OK in acid soil (Irish peat etc) it would be cheaper to use regular potassium chloride

However I look at things the recent SP range only makes sense if the market is anticipating a Stage 2 dilution of maybe 1.5 billion shares - (maybe some civil servant will decide they can guarantee the MTS, but not the rest??)
BUT if as we all hope there is no dilution the SP should go up to 40p-42p which means surely there will be a forced bond conversion at the end of the year.
So as a bond holder when do you sell ? What then happens to the SP ?

OzinHk - What about Gina's 5%? Also please remember that Poly4 contains only half the potassium that Potash does so will never(?) sell at the same price