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

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?

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

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

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.

Looking over bought?

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

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

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

Fortunately they are sipped - unfortunately not a large holding!

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

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

Worth a read and also worth noting the timescale!!

http://www.proactiveinvestors.co.uk/companies/news/129383/a-closer-look-at-ambitious-sirius-minerals-north-yorkshire-polyhalite-project-129383.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-355896-PROACTIVITY+-+Aminex+and+Solo+Oil+put+in+spotlight+after+first+gas+payments+in+Tanzania

Also interesting that HMI has also gone up, in the same sector.

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

Heading to 55p imo.

Sirius Minerals attracts 25% upgrade

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

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.

Liberum Capital Buy 42.25 40.00 40.00 Retains

In Harry's 711 , above, Shore Capital suggests a price of 60.