Member Info for woolverstone13

I guess any more dilution like a 50% partnership will have most of us about 90% down. Lets say give or take 3p. with possible more dilution further down the line. It seems we are just having our shareholdings whittled down to nothing. At these sort of levels the company will need to become a 25 bagger just to break. even. I am not sure i have that long to wait as I am sure others are as well

In one of the news reports CF said the current valuation of £300.000.000 was misleading and that the value of the company at this stage was between 10 and 12 Billion and when finished would be 16 Billion. Now I am no expert but if that was the case then no bank, bond buyer or investor would have any problem lending the company 3 billion to get the job finished. It would be a no brainer. What I also find hard to work out is the lths believing they will get such high dividends years down the line. Projecting dividends in advance is impossible to do. It reminds me of the endowment mortgage miss selling of the 70s and 80s when people were promised their mortgages would be paid off and they would have thousands over to enjoy. Never happened and they were left so short some could not pay off their mortgages

It would only make a small dent in their expenses

One day an Australian was lying under a Dream Catcher and he had the dream of all dreams but did not know how to catch it. So he traveled to Yorkshire and sold his dream to the good and the proud and said look around you what do you see. They looked around and all they could see was unemployment, neglect, deprivation and no one investing in their area. All they had to do to realise their dream was to give him their pensions,life savings and children's inheritance and they would have wealth,employment and regeneration. Now the good and the proud are angry and broke because they followed the dream of the man from Australia and did not follow their own.

I believe there are several companies running the slide rule over SXX as its a project that would fit into many companies profile. The problem I think is the high revenues being quoted years down the road that they are trying to quantify

Should read government do not believe

Its not as if the Government have to actually put up any money. Just back up what they say about the Northern Powerhouse with a commitment . The only reason I can see that the government has refused backing knowing it would see the mine through to production is that they do believe the figures that SXX havd come out with regarding not only total build costs but more importantly the revenue figures that have been put forward. Costings together with any problems along the way can be calculated but to produce such high revenue figures years in advance is impossible to predict as there are so many variables. The forward figures are also maximum figures, ie what ever they mine will be sold at such a price. Again impossible to equate

Was wondering if some words are stopping the message being posted. I typed it 3 times and it did not appear

Have tried to post message, typed it 3 times and pressed post nothing appears. So just typed a and it posted fine. any idea why

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Showing on this site some 1800 trades today. On other sites they are showing some 20000 plus trades why?

Yes but did the sp rise. The sp is being manipulated

Words are so easy to say. But MPS words are all lies and bluster with no substance. They care for nothing but that fat salaries expenses and egos.

How many times has CF said this or that and then switched track because the financing was failing or something else.

I agree loss at the moment £32000 with £12000 left. I am swaying from hold to sell every 5 minutes. If and a big if it comes good it will be years down the road before I recover. Should really take the 12k and put it in something boring paying dividends. At least I will have something in the future

From the Gazette though SXX denies its half the workforce. That was a short apprenticeship for some. Shares could tank again tomorrow. Hope not

I was surprised to see JPM saying so many negatives about SXX and the risks. If they felt that bad why did they offer 2 Billion then. It would have been nice if they said they thought SXX was a great company going forward with great management, product or just anything positive.

In the blue today wow!! My holdings went up by £ 20 only another £ 31980 to go and I break even.
Sorry but I have become a very bitter grumpy old man since Monday.

Am right in assuming that the big fund holders of SXX and the big shorters when they buy or sell do not show up on the buy/sell boards. I have not seen any 10s or 100s of millions of share trades which you would expect when the big boys make a move. If thats the case then the sudden 10% drop for apparently no reason on Monday would have been a fund selling a very large volume and having prior knowledge

I see the shorts have now increased to 7.42% they smell blood and obviously waiting for this to go to zero