Member Info for Yorkshireman

0.22 to break even so current rise useless -- but gl to all investors

Once up and running, Sirius believes it will be able to produce at around $32.60 a tonne, while the market price is expected to be $125/tonne. A very healthy profit margin. There�s enough polyhalite in the ground for the mine to produce for 100 years or more. Depending on volumes (production could be as high as 20 mtpa) and exact market price, Sirius thinks EBITDA (earnings before interest, tax, depreciation and amortisation) will be between $0.7bn and $3.4bn a year. That kind of cash flow could be very attractive to investors, especially once the debt needed to build the mine has been repaid. All being well, there�s potential for a substantial, and sustained, dividend payout. However, even if all goes to plan that future is still some way off, and in a complex project like this there�s a lot that can go wrong. It�s three years until production starts, and six until the ramp up is complete. If the group encounters serious delays, the debt needed to fund the project could become an increasingly heavy burden. Debt repayments will make significant demands on cash in the early years in any case, potentially limiting the scope for returns to investors. We think all investments should be made with a long term view. But with Sirius that is truer than ever. The shares will be volatile over the years ahead, and price movements are likely to be news driven - since a lack of sales makes the group difficult to value.

Totally agree UTVF - good luck all until the end game ...........

We all know which is GODS County :D :D

. I don�t have an agenda personally and would like you all to make money - I�m not worried or trying to impress anyone -- yeah right --- thanks for the advice -- :D :D :D

Brainer think the light at the end of the tunnel --- is a train coming --

But if you ignore all posters who post 3-4 times a day or more for every day of the last 30 days - you get a slightly different view of Sounds position - know they have to make money - but how many normal investors really believe them??

I wasted my money on this --- currently 87% down on my investment - so 8% increase means nothing -- prob will be down again tomorrow -- but good luck to all day investors (who win) and hopefully good luck to all long term holders -- but not holding my breath.... or investing any more money in this..

Early April --- lots of large buys and sells -- which has lowered price -- agree someone with large investment playing with price -- emm anyone hazard a guess who?? :D and when will price go back to where it should be --- ?????

Thankyou -- appreciate advice -- but invested so more than likely lose money - but thats AIM -- a gamble - all the best ----

Thank You -- Good luck to you also -- love nice people

Agree with you camboy -- take a look at REDDE -- :D

Nice reply - Now all investors know what to believe :D whos the idiot now? :D

Just looked back---- londonse--- posted about clowns and circus - do you know him?

So he utterly distroyed shareholders in this company? Hence the current price yes? something we can agree on. So if he managed that - why is he wrong with his current forecast?

Difficult to know what to believe - as per subject - someone called you ramper - now you say Sefton Sefton Sefton to this post? So you are not a ramper? No one as yet has called you a clown- as far as i know. Just wanted to show what is said on internet about ADL

https://guerillainvesting.co.uk/2018/04/30/andalas-energy-investors-face-wipe-via-consolidation-another-placing/

Takeoff ---------- soon -- watch Stobart Fly ---- hold long term for dividend :D

Packed where i live - one case of internet can't compete - cheap prices - good cards and other items - on the high street - can't lose - and pays good dividend to shareholders :D If shop doing well where you live - and you want dividend income - no brainer..

Low can this go?