Home  |  Message Board  |  Fan Pics  |  Fan Polls  |  RSS Feed  |  Top of Thread  |  Login  |  Register
Display By:
Home  |  Message Board  |  Top of Thread  |  Login  |  Register
Display By:

 

Previous Thread   |  Top Of Board  |  Start New Thread  |   Next Thread
Borotommo Posted on 12/09/2019 09:15
SXX
 
 
Hold on to your hats!!!
IP: Logged
Wev1 Posted on 12/09/2019 09:25

SXX

 
Why, has there been some news?
IP: Logged
Wev1 Posted on 12/09/2019 09:31

SXX

 
Why, has there been some news?

Must have as it's up 5%, but still a long way to go to get back to the 20's where most will need it. Think my average is around 15.
IP: Logged
Cleveleyssmoggie Posted on 12/09/2019 11:11

SXX

 
Not much volume, narrow spread.
IP: Logged
Marvanelli Posted on 12/09/2019 11:16

SXX

 
Hasn't been this low since 2016.

Whoever jumped on, in the last few years will be down.

Of course, long-term it still may prove to be profitable [^]
IP: Logged
Wiseman_Vaughn Posted on 12/09/2019 11:28

SXX

 
small growth this morning - nothing more although thinks looking a little more promising.

What is everyones cash out target?
IP: Logged
Borotommo Posted on 12/09/2019 11:39

SXX

 
Surprised at the lift, this morning, but as mentioned, there's no huge volume. There's usually some underlying news when we see 5% rises.

At 45p, I'll be taking my money back (fingers crossed) leaving me about two thirds to ride
IP: Logged
Wiseman_Vaughn Posted on 12/09/2019 11:48

SXX

 
I bought in at 14p then 8p so 45p would be great - mind you, I'm talking about £100s rather than £1000s invested.
IP: Logged
howcarlin Posted on 12/09/2019 18:15

SXX

 
Lots of recruiting going on as well. Looks promising.
IP: Logged
japsterbor0 Posted on 13/09/2019 11:49

SXX

 
I bought some more at 9p so my average buy price is 25p so still well down. But I've bought at 11p, 17p, 22p and 30p and plouged it back in so in reality I think I'm maybe down 50%.

Always knew it was a high risk investment ... but still have faith in it. We'll see!
IP: Logged
smoggieboy Posted on 13/09/2019 14:45

SXX

 
as long as it stays as Sirius and not bought out
IP: Logged
Wiseman_Vaughn Posted on 14/09/2019 09:35
Edited On: 14/09/2019 09:35
SXX

 
Like the sad man that I am I follow some of the chat on here. Some decent insights - sometimes but generally people dreaming about £1+ share prices. We live in hope!

https://www.lse.co.uk/ShareChat.asp?ShareTicker=SXX&share=Sirius-Minerals

Link: SXX
IP: Logged
howcarlin Posted on 16/09/2019 16:53

SXX

 
Took a pasting again today. Ouch
IP: Logged
Wev1 Posted on 16/09/2019 16:56

SXX

 
It's about where it was a week or so ago now, hopefully it stays away from where it was in August.
IP: Logged
boro-exile Posted on 17/09/2019 07:52

SXX

 
Not good news this morning. Govt. refuses funding.
IP: Logged
howcarlin Posted on 17/09/2019 08:34

SXX

 
Bloodbath
IP: Logged
deganya Posted on 17/09/2019 10:49

SXX

 
Thousands of small investors have been stitched up by this government and JP Morgan.

There is no logical reason why the government cannot guarantee this bond.

Where are you now Ben Houchen?
IP: Logged
go_nads Posted on 17/09/2019 10:53

SXX

 
You look at the money spent down south on infrastructure and over spend and not an eyelid is blinked by the government.

You then have a project like this that has real economic implications for a whole area and yet the government don't want to get involved.

It stinks, anyone from the North who continues to support this lot want to have a real look at themselves.
IP: Logged
Anton_Berg Posted on 17/09/2019 10:58

SXX

 
The government should step in to support an inherently risky enterprise, and do some unwise penny share enthusiasts a favour?
IP: Logged
go_nads Posted on 17/09/2019 11:15

SXX

 
No, the government should equally support industry and enterprise in different parts of the country equally - they don't.

Hence Port Talbot secured government assistance but the steel works here were shut down because the "EU rules forbid it" - when that was proved to be an inherent lie.

The Government has utter contempt for this area yet there are swathes that are too stupid to see it.
IP: Logged
Cleveleyssmoggie Posted on 17/09/2019 11:22
Edited On: 17/09/2019 11:25
SXX

 
They should have gone to shareholders for this $500 million during the last share issue at 15p. The interest rates on these bonds is eye watering and the bond market still donít think its worth the risk.

Itís the equivalent of buying a house and borrowing the deposit before taking out the mortgage.
IP: Logged
go_nads Posted on 17/09/2019 11:30

SXX

 
They still might, they are looking at the options, I'm pretty sure this project will still go ahead, it might just take longer.
IP: Logged
Cleveleyssmoggie Posted on 17/09/2019 11:37

SXX

 
They will go back to shareholders, if only to cover day to day business costs. They have 450 crop trials ongoing worldwide.

Problem being they now have to issue at least 3 times as many shares.
IP: Logged
Wev1 Posted on 17/09/2019 12:11

SXX

 
If they prove the crop trials and carry on one of the TBM's on programme and on budget it should hopefully de-risk the project for any investors.

The mine will have come a long way since JP Morgan were originally working on the 2.5bn and then offered the cash, pending getting the 500m bonds. It will be much further on when the money is about to run out.

Hopefully will just be a case of "Look what we've managed to do, can we now have another chat about that rolling credit facility?".

They mentioned doing away with drive 2, as the TBM from drive 3 is going faster than expected, so could go all the way to drive 1. This probably isn't great for the tunneling contractor Strabag, but could reduce the cost of the mine overall.

Brexit certainly isn't helping this either. If any credit company suspects "No Deal" and this being sold on WTO, when trying to make a market then it has no chance.

It's not looking good for investors at the minute though, no doubt about that.
IP: Logged
Previous Thread  |  Start New Thread  |  Top Of Board  |  Top Of Thread  |  Next Thread



Home  |Message Board  |  Top of Board  |  Login  |  Register


Copyright © 2008 to 2019 Fansonline.net Ltd

FansOnline.net Ltd
Unit 7
Brentnall Center
Gilkes Street
Middlesbrough
Cleveland
TS1 5AP
Fansonline Home | About Fansonline | Contact Fansonline | Advertise On Fansonline | Privacy Policy | TOS
10.0.166.103