Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So best wishes to you both.
In this life there are very fww certsinties and I feel nothing but the deepest compassion for all thoose who have suffered heavy losses here. A while ago I decided not tobrisk money on Sirius but that does not make me in anu way superior to those who have lost out. My preeent thinkinh is this: of course Boris is not going to help Sirius pit this sidevog an election but once he gets back, as I think is likely given the utter mendacity of Labour's position on Brexit (oh for a John Smth now!) Then Iwould not be surprised to see Boris helping out Sirius. A gamble, I know, but one worth considering at this price.
My point is that on 19th Sept., of all the directors only CFbought more shares - 250,000 to be precise.
No sign so far as I am aware of any Sirius directors apart from CF buying in at these prices.
A lot of people have made a huge loss, at least on paper, and I offer them my heartfelt sympathy. At the moment, I cannot see how there is any escape for them. I think that the company may well go into administration and that some miner with deeper pockets will buy its drilling and tunnelling rights and proceed with the project when it suits them to do so, lwaving LTH's with nothing. The mothballing of the Canadian mines is too alarming for me to purchase any Sirius shares just now and, much as I admire those who are prepared to soldier on in the teeth of the present adversity, SIrius is not for me at the moment. As to the future, well, I shall keep an open mind.
I notice there were some considerable late purchases on Friday including a sizeable block by CF.
Hope you get it back, John. May be a long wait.
has a majority of under 3,500. In Parliament BoJo has a majority of 1. Whatever you think of BoJo (and I hold him in seething contempt) this consideration will not be lost upon him.
are nil. He will be in election mode until November 2020.
Maybe Dickyboy and LL will be proved correct and the bonds will eventually sell. The other consideration I am pondering is this: if we leave the EU, then BoJo, who will be desperate to win seats in the north-east, will be free to offer SXX support. If the price stays around 8p the risk is probably worth taking, but only if we can afford to lose it. I can't, sadly.
I won't be investing further until all financing necessary to complete this project is in place. Just too risky for my taste. shall put my money elsewhere in the interim.
Pop into your local library, ask for the last fortnight's copies of the FT, and you'll see why the bond market is so unstable. The occupier of the White House is facing an election next year, so he has to be seen as standing firm against China, hence his trade war, which is unsettling investors the world over. Who can say when this will settle? I don't know. But I think it could go on until November next year.
If you can keep your head.......
The decision to invest in any share must depend in part on one's timescale. While I should certainly like to benefit from my investment, I remain alive to the possibility that I might not do so. That is the risk I take. But over the long-term, I cannot believe this proect will fail. Sirius may run out of money but, as I read matters, in such an event it would still have an asset which a major mining company would be interested in buying. The Sirius shares would then be bought by the purchasers at some sort of premium to my purchase price (I would hope!!!). Then my children might benefit.....I would hope. Now I may never be able to build my retreat on a distant island, but I think the chances of my children benefitting from my investment in Sirius are considerable. We're back to the old lessons.....there are other fish in the sea....don't put all your eggs in one basket.....money is not everything.....you can't take it with you when you go......live within your means and seek happiness and increase yiur self-esteem by doing sometjing worthwhile with your money. Best wishes, one and all.
Congrats to all who have sold out at a profit. I won't be selling for many years yet.
We're all human, and sometimes we say things we regret, but we can all still drink from the same bottle of Bolly!
sarcasm, and tasteless criticism here? Does anyone seriously think the rampers and de-rampers are having a major effect on the share price here? Remember Thumper's advice: "If you ain't got nuttin' nice to say, don't say nuttin' at all." Have a good Bank Holiday, one and all. Just think: you are all going to enjoy the week-end more than Theresa May!
So writes xxdodgerxx, citing the crisis at British Steel. I am afraid there is no disguising it now....Brexit is a disaster which is costing the country £800 million PER WEEK (Source: William Keegan in "The Observer", supported as I understand it, by retired civil servants). So it is clear that BoJo, Gove, Fox, Rees-Mogg and Corbyn have made the most costly blunder. And just in case anyone does not know, British Steel's difficulties are said to be Brexit-related. "What has all this to do with SXX" you ask? Answer: we cannot foresee what tariffs the EU will impose on its product. That is surely an imprtant factor when considering investment in SXX. And I note in passing that LL has gone quiet re Brexit these days.