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Sirius Exploration -Green play? (SXX)     

P J H - 30 Jun 2009 16:01

Chart.aspx?Provider=EODIntra&Code=SXX&Si

chessplayer - 18 Aug 2016 11:31 - 698 of 976

Is that a prediction?
I thought perhaps we already had it.

deltazero - 18 Aug 2016 11:49 - 699 of 976

plenty in the tank here - should be preparing for 3 figures

HARRYCAT - 18 Aug 2016 12:01 - 700 of 976

Just a thought.....cash burn is approx £8m per six months. Cash in the bank at June 2016 was £17m (I have rounded up/down the figures). Assuming cash burn is steady, which it probably won't be...I assume an increase....there is only enough cash remaining until June 2017. I can't imagine they will wait until the last minute, so a big placing has to be in the pipeline?

chessplayer - 18 Aug 2016 14:28 - 701 of 976

What if any news is there on the
starting and finishing dates for the work to be undertaken ?

HARRYCAT - 18 Aug 2016 17:30 - 702 of 976

This link should answer your question. Turn to page 21:

http://siriusminerals.com/site/flexpaper/Publications/project_summary_document_july_2016/project_summary_document_july_2016.php

chessplayer - 19 Aug 2016 08:27 - 703 of 976

Thanks Harry.
It certainly looks like at least 2021, even if they started today!
It's good to see though that this movement upward is based on very high volumes.

skinny - 19 Aug 2016 09:41 - 704 of 976

Looking over bought?

Chart.aspx?Provider=EODIntra&Code=SXX&Si

HARRYCAT - 19 Aug 2016 09:44 - 705 of 976

Definitely. I don't hold, but presumably you holders are having to decide whether to take profit or ride out the dips?

skinny - 19 Aug 2016 09:47 - 706 of 976

Yes - I'm sitting on +170% - so decision time looming!

HARRYCAT - 19 Aug 2016 09:50 - 707 of 976

Your round then skinny.....before the tax man gets his hands on some of the profit!

skinny - 19 Aug 2016 09:52 - 708 of 976

Fortunately they are sipped - unfortunately not a large holding!

kimoldfield - 19 Aug 2016 11:10 - 709 of 976

Sold a chunk and hey........sp goes up again! :o(

Hiram Abif - 19 Aug 2016 13:52 - 710 of 976

SP @ 40p - a Psychological profit taking milestone for some long-run investors; especially as stock is becoming rare. Expecting all the usual antics from MMs & BB de-rampers etc., to release more shares, resulting in a small dip.

'Second wind investors' will re-buy on dip and SP probably sail through 40p barrier toward next psychological hurdle 50p-60p.

Lots of upward mileage still over the next year on SXX; jut need to surf waves in the right direction.

DYOR
HAb

skinny - 19 Aug 2016 16:08 - 712 of 976

Thanks for the link Harry. HMI makes this rise look relatively tame!

mitzy - 20 Aug 2016 21:15 - 713 of 976

Heading to 55p imo.

skinny - 21 Aug 2016 11:03 - 714 of 976

Sirius Minerals attracts 25% upgrade

kimoldfield - 21 Aug 2016 14:44 - 715 of 976

Attractive short and long term opportunities; listen to Yaz, she knows all about it!

chessplayer - 22 Aug 2016 09:00 - 716 of 976

If we can read between the lines , what can we say are the main reasons for the doubling and then some of the share price.

Maybe the following points.
1. Perhaps a realization that there is a world class product to be marketed.
2 Borrowing costs are rather less than envisaged earlier.
3. The reduction in interest will further cheapen the above costs.
4. The project could get started in the next few months.

skinny - 22 Aug 2016 09:25 - 717 of 976

Liberum Capital Buy 42.25 40.00 40.00 Retains
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