Huge volume today on the BREAKOUT

Kim
I'm on these and topped up early yesterday looking good..

Will get a boost when entering the 250 in June.

Hi Driver, yes there is a good chance they will move to the 250 in June, Tracker Funds will be buying and after the transfer to the main market at the end of this month SXX should be flying higher. Nothing is guaranteed until the well known lady sings though!

200 MA beckons.

I feel a yeeeeehaaa coming on!

another rising day up to 23.875p + 0.675p

very strong on the order book bid side and only 185K left at offer 24p

DEPTH
142 v 62

Here's what needs to happen for Sirius to double

http://www.iii.co.uk/articles/405488/heres-what-needs-happen-sirius-double?utm_campaign=Afternoon%20update%2012/4/17&utm_content=1012526025962&utm_medium=email&utm_source=SmartFocus

RSI looking a tad over bought - and above the 200 MA.

Shake and up again

Those who sold, must be thinking of buying back

Chiny b#ggers

A late push to go over 25p

from 1.2M at offer 25p in 2 minutes was only 212K left

Looking good for next week..

26p +0.75p

after a few days of a pause late yesterday started to move forward again and has followed this morning

Looks fine today.

Goodbye AIM, hello Main Market!

Notification of admission to the Main Market

Further to the announcements previously made by Sirius Minerals Plc (the "Company") on 28 March 2017 and on 25 April 2017 the Company is pleased to confirm that, effective 8.00 am today, its entire ordinary share capital, being 4,164,514,405 ordinary shares, will be admitted to the premium listing segment of the Official List of the UK Listing Authority (the "Official List") and to trading on London Stock Exchange plc's main market ("Main Market") for listed securities (together, "Admission") and trading in the Company's shares on the AIM market of London Stock Exchange plc ("AIM") will be cancelled.

The Company is not raising any funds or issuing any new shares in connection with Admission. No shares have been offered or marketed to the public in the UK or elsewhere in connection with Admission or the publication of the related prospectus. The Company's shares will continue to be registered with their existing ISIN number GB00B0DG3H29 and SEDOL number B0DG3H2. The Company's TIDM code on the London Stock Exchange will continue to be SXX. The share capital of the Company following Admission is 4,164,514,405 shares in aggregate, each with equal voting rights. No shares are held in treasury.

Existing shareholders need take no further action to maintain their existing holdings as this change only affects the platform the ordinary shares are traded on.

Chris Fraser, Managing Director and Chief Executive Officer, said:

"This is another important milestone for the Company as we fulfil our commitment to move to the Main Market. The delivery of our Woodsmith Mine and associated infrastructure continues to proceed in a timely fashion and we look forward to providing further updates in due course."

a recent article .....

developer of the world's largest quality deposit of polyhalite in north Yorkshire. The mineral is a rich source of potassium and is a vital ingredient in fertiliser. Possibly the most enigmatic quoted company in the UK, with a market value of over £1 billion, with no revenues yet in sight, cash of £261 million, burning at£23 million in 2016 reducing to £12 million losses in 2017/18. It might seem hard to make a case to buy, but actively traded daily and considered by two brokers a strong buy, target price 60p equivalent to a £2.5 billion valuation


i recollect that production is not even due to start until 2021, and surely further cash calls before that

imo, you'ld have to be bonkers to throw money at this one .....

I've got one :-)

Not sure I agree with you Mr C. If I were a good few years younger, I would consider this a distinct possibility for good returns in the future. Five or six years is not really a long time to wait to double / treble or more, your money. Even putting some of these into a child trust fund might be a good move. In the short term, for us older investors, I am already in profit and will certainly try and trade a few. They are probably going to hit a few obstacles in development or actual drilling, but at least they will eventually have tangible product which we know will sell on the world market.....at an unknown price, I will concede. They have no problems raising finance so far and management seem to be reasonably competent. Lots of positives and few negatives, imo.

if you hold, then like BOO and FEVR, well and good
in this instance SXX may have a more provable asset than with oil reserves, but just read the article above and no doubt you'll see what i saw

The impatient and none holders always see more negative than the positives ones = bias

Now If I say do not buy any stock with a PE of 30+, they will say I am wrong, but they buy stocks with PE of 50 to 100

For SXX everything depends on hitting the capex and opex numbers and getting the fertilizer market to accept the product.
It looks to me as if the stuff works, so will the share price.

But of course nothing wrong with trading the stock, after all that is what the market is for...... buy low sell high.

Recent comment:
Broker Yuen Low at Shore Capital expects its promotion to give it another leg-up.

As a FTSE 250 company it will attract plenty of tracker funds.

“Even inclusion in the All Share index would result in the relevant tracker funds being obligated to invest in the company.

“We believe that Sirius is already benefiting: we think that the recent sharp rise in the share price is occurring in anticipation.”