Construction update Summer holidays nearly over and fund managers returning soon to look for good investments. Keep the faith. Also holding. Sirius quarterly report due end of September.
Construction update All very nice to see Billy, but, until / unless they get the finances sorted out, we’re due to run out of cash by, roughly, the end of September, so what’s happening on site at the moment is all a bit academic. BB - still holding like, but it’s a bit of a sweaty bum time
Construction update The main parts of the first Herrenknecht AG Shaft Boring Roadheader arrive on Teesside for transport to Woodsmith mine, including SBR cutting head.
Construction update Great photo from inside of Service Foreshaft is posted by Sirius. facebook.com Sirius Minerals Work continues to progress at Woodsmith Mine. This is the current view from the bottom of the service shaft. #construction #mining #engineering
DId you know? an interesting snippet from a BBC article And then Sirius post this statement yesterday afternoon. Say no more. "UN reports that promoting sustainable land management can reduce land degradation and loss of biodiversity. Naturally-occurring POLY4 can help support ecosystems and preserve soil, which is essential for future food security. "
DId you know? an interesting snippet from a BBC article “Topsoil is the outermost layer of soil, from which plants obtain most of their vital nutrients. And the WWF estimates that around half of the world’s topsoil has been lost in the last 150 years, yet it may take up to 500 years for 1 inch of soil to form naturally. Erosion, intensive farming, deforestation and global warming are all thought to be contributing to the loss of topsoil, on which the vast majority of global food production depends.” Sirius advise POLY4 assists soil nutrients, conditionand retention.
Construction update August 14th. New aerial photo show some very large steelwork being assembled at Woodsmith mine. The headframe for the mineral transport system access shaft at Woodsmith Mine is now being constructed, ahead of shaft sinking operations commencing later this year.
Construction update From August 9th. News from site. The first parts of the Herrenknecht AG Shaft Boring Roadheader have arrived at Woodsmith Mine. The 300t machine will begin sinking the inner service shaft in the coming months. After completion of standard shaft sinking practices to 120m, excavation position presently below 85m. SBR to begin work in December after assembly and testing.
Tipped today as a speculative buy Have not read the article to much bother subscribing ect. Looks like same story by headline ?
RNS Bond withdrawn ciao Orso Shares traded daily on the “Open Market” are listed by websites, and this is what I have posted. Agreed, a buyer needs a seller. However, a Broker can use there own Inventory of shares to make a better margin on a deal, whether it be a sell or a buy order or even “internalize” some bought shares. Can this be where the daily difference occurs.
RNS Bond withdrawn Grrrr. There have been EXACTLY the SAME number of buys and sells, as every sell is a buy and every buy is a sell, you retard. Clearly, as the price has risen throughout the day, people are willing to pay a higher price overall. This is a GOOD THING if you are long, and a BAD THING if you are short. Enough and shut up, billygoat.
RNS Bond withdrawn Steady as she goes. More buys than sells. 36Mill to 29M sell.
RNS Bond withdrawn It appears the withdraw reason is Market conditions for Bond market, which is suffering due to US influences. Meanwhile, more crop trials results keep showing POLY4 increases yields and enriches soils. A recent annoucement for India trials showed better corn growth, which is a big market there. The market is there and not as some detracters keep saying. IMHO. IB
RNS Bond withdrawn Thanks for your thoughts Snowman, I’m only a small holder (15p average) and trying to work out whether to add a few more or not. The RNS was far too brief and investor relations are very much sticking to their script so struggling to work out whether there’s potentially a bigger problem other than ‘market conditions’ as they put it. That said, I can’t imagine why investors wouldn’t want the bonds, its only a few months ago that the company raised a significant portion of new equity, surely they all do a similar due diligence?! Maybe they were holding out for some sweeteners, maybe the demand wasn’t there or it might just have been a simple timing issue. I guess we’ll find out within the next two months.
RNS Bond withdrawn More buying than selling today on half the volume of panic Tuesday. 88mill BUY to 64 mill SELL, good, the ship needs calmer waters for the next few days.