The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Regardless of speculation there will be some likely consistencies- while interest rates remain low the SP will rise to be proportionate to around 5% of the dividend if the dividend is over generous to start with but the dividend and likely dividend will drive the price initially.
The company profit will be used to clear debt and / or pay dividends until debt is clear. Any activity clearing debt will likely increase subsequent dividends.
The profit will be paid to each and every share and this is a 100 year mine. As long as the product is not outlawed it will sell. It canāt be stolen and it can be copied. It can be found and produced elsewhere but as this project proves it isnāt quick or easy.
$1bn profit for dividend payment is likely at the proposed production rate and profit per tonne. 10bn shares being in circulation after a dilution or two along the way still equals 10cents per share. Likely near parity of Ā£ and $ means 10p per share = Ā£2 per share at a 5% dividend ratio.
No exaggeration in there. Full production by 2027 means you will make 40% of todayās SP back in dividend for the next 100 years and 700% capital gain over the eight years.
I know many of you expect more - so do I. I just thought a very conservative version of the plan and timeline might make some of those questioning the randomness and vagueness of some speculation realise that a 10p dividend is really rather likely.
KOH - up until this post I had you as a relatively intelligent poster - always an agenda but at least some relevance.
But WTF is this? Apples and Oranges to the EXTREME. Absolute claptrap.
What single genuine relevance does the Kier situation have to the SXX position and progress?
Thatās rhetorical by the way as Iām not going answer any attempt to link two situations that are galaxies apart.
At what is for many a religious time of year I had a very wholesome thought - being an SXX holder is like an extreme self flagellation. Thrashing oneself everyday with a look at the SP but knowing that your faith is well founded makes it a bearable sacrifice.
There will be a great reward for this martyrdom.
(Apologies in advance to anyone who may find this offensive.)
The utter disrespect I was alluding to is more people selling than buying this stock and the resultant share price drop and languishing.
I certainly wasnāt referring to disrespect on here - it is a discussion board and most opinions and offerings have a valid place.
Now Iām definitely done for the weekend. GLA.
I cannot hang around to watch another pathetic day of utter disrespect for this amazing project, its incredible progress and itās spectacular prospects.
Surely there is a section of a financial institution somewhere that doesnāt consist solely of festering, weasel like, cautious to the point of impotence, throw granny overboard to self advance, rat people? Surely that section of people can now find some balls and start buying in to this TITAN of Britainās future.
Or maybe I ask too much.
The Google font has changed on the price service so that may cause some excitement and affect the SP.
The price looks like it has had support all day but has head butted 21.5. A really strong signal will be a push between 1600 and 1630hrs to close the plus side of that threshold.
Iām calling a 21.54 close.
Iām not talking about the SP Iām talking about my bank balance- Iāve held my SXX holding and therefore nothing has changed. Talk of people making money? They canāt make any money unless someone loses money. ZERO SUM.
On another board someone has made a claim to making A LOT of money via their SIPP. So selling high and buying low? Been a while then! I donāt see where SXX has made this person A LOT of money in the last month or two. Why they would mention previous successes today with so much else to talk about I have no idea.
Unless of course they have a SIPP facility for futures trading and they are selling contracts well - fairly sure SXX is not a prime candidate for that type of trading though.
Maybe they are just full of it.
Anyone fancy running a how and when equation to show us all receiving a 10p dividend?
A version factoring VERY expensive additional borrowing of $500m now and throw in another one in three years just to cover an expansion contingency or something.
I still think with 8bn shares in issue and a crashing product price of $100 a tonne there is still an equation that says $1bn divided by 8bn shares = enough for the company and enough for 10p dividend. (My finer detailed calls suggest 9.986p per share)
All above in good faith (and humour cos I donāt really have a clue) to lift my spirits and yours.
No matter who you blame or how you analyse this - someone is allowing this to happen to the SP and no one is doing anything to stop this happening to the SP.
This looks like insanity and that breeds fear and in we go. As always, the project hasnāt changed and it marches on.
There is absolutely no doubt in my mind now that we are vulnerable- not because of Chris Fraser or the team but because of fear and greed.
I will be here until 50% if my investment is paid back to me annually as a dividend but this pathetic dropping of the SP is really starting to grate on me because it does allow the lazy and dim witted to rip this stock up and it is not far of joke.
Who the f@ck is selling into this price! I want to kick their @rses.
In fact not ādue to bringā. IS BRINGING!!
due to bring....,,
Jimmy - Penny stock? You have lost all credibility right there. SXX is an enormous project billions of dollars along its path. It is due to being a huge economic boost the an entire region of the U.K. It has potential earnings of a billion dollars a year and it is not a conceptual or fashionable or technical stock- it is a physical commodity waiting to be tapped. There is some risk in relation to future SP and future income per share.
It is not a penny stock and you show your lack of knowledge in such matters by suggesting so.
I’ve just trawled back a few hours worth of posts - not good reading. Quite a bit of bitching and back biting that doesn’t look to be worthwhile, justified or proportionate.
If you are invested in SXX then we have a common goal and can surely be a bit more tolerant and display a bit more humility.
Let’s keep the intelligent input up and let’s have some constructive debate where possible. Opinions can differ but be part of the same overall aspiration. People with other agendas can respectfully poke the bear or play devil’s advocate for a bit of sport.
We are all more than a little frustrated at the utterly dull SP activity at what most perceive to be an entirely unjust level, and of course the seemingly endless wait for a solid piece of positive news.
News will come soon and we will most likely have only very positive decisions to make about our SXX involvement- let those of us invested support each other while we wait with a united front.
Enough haters out there as it is- don’t let frustration cause infighting.
I love you all x
Rusirius - not following the main markets at the moment? Yes ‘moment’ is about right. It is absolutely following the main markets if you look further than a day or two. The SP is down because of the increase in Capex and the general market sentiment- there is no conspiracy theory to be had.
The market is a simple numbers game backed up research or inside knowledge. Fewer and fewer people are prepared to do the research. Even fewer are prepared to wait weeks let alone months for a return.
Unfortunately the doom and gloom of a tired LTH of SXX doesn’t look much different to a full on deramper.
The news is coming very soon and it will be exciting. People regularly berate the positive posters with a ‘get real’ or ‘smell the coffee’ type retort- how about you get real and realise this is imminent and the chances of this share going to 15p vs 45p are virtually non existent The HUGE amount of information and physical evidence available point to a fairly standard process being put in place to secure this project through to production. I struggle to find anything that points elsewhere. There MAY be less favourable terms but that’s a 50/50 with there may be FAVOURABLE terms.
Stop with the ducking witches mentality please.
SXX is an amazing investment OPPORTUNITY- do it or don’t do it but stop with the unrealistic doom and gloom whilst accusing those who are heavily invested of having rose tinted glasses. Of course we have!! We are positive for the reasons we see fit. If you don’t like the look of SXX then move on.
I am more than happy with my investment and its potential - I’m looking for the good and I see the good.
Why? Why does SXX have a 4% range today? What drives this? No logic, no substantial reason for it. It’s over active for the sake of it - noise in the SP but no noise in the real world to prompt this.
Should just not watch itvbut I can’t help myself.
BTW my chart analysis was sarcasm as the movement is so tiny and I hate charts and “new higher lows” is about my limit.
Ignoring the suspicions of some that SXX may be a bit leaky at times, the whole point is that a piece of news that has a likelihood of affecting the SP will be released without warning. You will have no time to react and you will not get in to the market very easily as the price flies.
The price is falsely suppressed at present and that effectively puts it in a catapult waiting to be released. The SP will see the reversal of the run down to 22p when it had been holding very nicely above 35p. The difference now is a 20% max increase in CAPEX that actually brought with it collateral positives. Simplistic views support a suggestion that the SP will ping through to hit the 40p ceiling again and then will settle at 32p upon clarification of how the CAPEX increase will be funded. Then there’s the possibility of what will be perceived as favourable terms for ST2 funding - this could come in many formats. I don’t mean ST2 confirmation in general terms and what that will bring to the SP, I mean the detail of the deal that the IIs may like more than they thought.
Other than that I have no reason whatsoever to believe that this share could pop without warning.
With new higher lows of 23.75 23.77 and 23.80 I think by the end of next week we will be pushing 25p.
Or, of course a smash it out the park piece of news could drop on any day between now and then and push us back through 30p in one mad two hour session. Just saying.
Onwards and upwards - make sure you are in and not out when it pops.
Damn! SXX OBVIOUSLY!!!!