Member Info for woolverstone13

Bearing in mind we are shortly to hear a response from the government regarding the petition, would it not be political suicide in especially the Teeside and the North for Boris and the government to say they are not will to back SXX and save thousands of jobs in one of the most deprived areas in the country. This is a vote winner and if they cannot see it or ignore the opportunity to put the money where there mouth is than the whole of the North will vote against them for making promises they had no intention of keeping.

Remember the Only Fools and Horses "Peckham Spring Water" I think?

Woodstock Springs Eternal would be a good name

Bearing in mind the work that has been done so far, the assets of SXX and of course the the potential value when complete and production in full swing. What in all honesty and I know we all have emotive feelings regarding SXX would be the likely complete buy out price of SXX at this time???. I know there are many factors to consider but long term shs must have been wondering what they could expect if a buyer took over. ???

Judging by the markets attitude towards SXX regarding the last bonds at a supposed 15% interest, has anyone thought that maybe there are no financing options left to SXX and only a complete takeover or strategic partner are the only possible solution to SXXs problems.

There were originally 85000 LTSHS Does anybody know how many are left. Would think about 25000 but a total guess

Agreed, but whilst completion of the mine will de risk the project it seems that the markets are also very unhappy about the amount of POLY 4 that could be sold and the price. I also feel that the major fertiliser miners see SXX as such a major threat to their markets that they are influencing the finance markets against SXX, The major hoover companies shunned Dyson for many years because they new he was on to a great thing. Now look at the Dyson market share. If SXX get the mine finished without to much dilution then they will corner the market and the SP rise will more than negate that dilution. Might take a bit longer but it is achievable.

Read somewhere that SXX asked all bondholders to contact them with regarding to having their money paid back to them. The money is untouchable by SXX

Unfortunately we are now in the Hard end of Business scenario. SXX whilst having a great project its financing avenue options appear to have been closed down. This leaves it at the mercy of larger companies who can sit and wait until it really is at deaths door before making their move. It would be interesting to know if SXX are still in talks with JPM to find a solution considering at one time they were willing to underwrite 2.5 Billion. Its frustrating not having any clue as to whats going on behind the scenes so we have to rely on gut instinct. As to the ASSET VALUE thats a hard one to guage considering the low SP but I think its largest asset is the planning permissions. What price are these worth on their own £500million or more ??? because with out them everything else is irrelevant

Not sure how late after the close an RNS can be put out by SXX but it would be lovely if they put out the super RNS we shareholders are looking for after the Friday close. That would give the shortsellers something to contemplate over the weekend wondering how much money they would be down come Mondays opening.

Aubery. Hope your right

Surely the RNS will just state that they are still looking at all options, and detailing all the possible options they have left, rather than stating that they now have a solution to the funding and its full steam ahead. I think its going to be a few months of hard negotiating from SXX with potential partners/backers before we hear any concrete news , so possibly no real movement in the SP for several months. Lets hope it doesn't spoil xmas for LTS

Looking at the host of small buys and sells these day traders must be making less money then if they actually went out to work on the minimum wage. Still for them to earn a decent living probably breaches their human rights and then theres the benefits they get from DHSS which they buy and sell SXX shares instead of paying the rent.

Whilst the Qataris Norwegians and other funds are said to be large investors their investment in monetary terms is really not that great against the past value of the company. Now the largest holder owns approx 6% of SXX which on its present value represents appox a £15,000,000 investment. This is a drop in the ocean considering the 3 Billion need to finish the mine. Gine Reinhart is in a different league and is in pole position if she chooses to which I am sure she will pick up SXX for peanuts and finish the job herself with CF still in the role as CEO.

Not alluding to anything its just what I think is going to happen. Guess I should keep my thoughts to myself. Am not wanting to upset anyone giving out my opinions.

Regarding the RNS due at the end of the month detailing the strategic review what exactly are we hoping for. I can only envisage a broad statement of what SXX options are and nothing of any real note to lift the SP.. I also think its going to be into next year before we finally know our fate good or bad so along way to go and a nail biting wait

Whilst all the newspapers seem to write negative things about SXX at least SXX are getting exposure, which I am sure can only help SXX. Any type of mining finance is being hammered at the moment regardless of potential. All is not lost hang on and you will be rewarded.

Does not bode well for SXX looking at the costs involved

Whilst I know the JPM deal is dead in the water and the government will not back SXX. Gina Rienhart has huge vested interest in SXX as does the Norwegians and Qataris. Why then could not any one of them put up the guarantees for the bonds safeguarding their already large investments, or are they all sitting like vultures round a dying man waiting to pick the bones of SXX on the cheap when they run out of money? and go on to finish the mine themselves and reap the huge rewards.

Did CF give any interview to the DM recently? If so what the hell was he thinking of with the so called strategic review due shortly. I have read a lot on these boards and elsewhere with many different opinions. If CF did say it was ok to start the ball rolling with IPO and then go private then we have all been shafted. I have felt for a while that from start to finish CF was always willing to hand over SXX at a ridiculous low price to big investors staying on as CEO . We will see but I would not be surprised to see SXX in the hands of Gina and her Aussies friends.

I know the 85000 shareholders do not view this site so would not see anything regarding the petition. It should be promoted everywhere. Facebook, Twitter etc and for a small outlay in a National Newspaper. That way it would be seen by a huge number of people not even shareholders but who would sign the petition knowing the benefit it would have to the local region, the country and the world at large.