Local Acquisition, page-11

rebel888 - sorry but you are so badly mistaken its funny.....but rebel by name rebel by nature.

I am no bogan nor an uninformed punter, call me sir, "smart people" would not bet on SIR right now on this chart nor on the coming $800M capex spending next 3 years with -$200M pa cashburn and -$200M pa losses or -$75M pqtr losses. NO thanks. It worse than twitter right now.

I am a well educated, 23 year business running long term value investor and rich guy ...do not insult me or my team. I and my team have researched all the NI stocks with comparative analysis on over 30 market parameters and scoured over 8000 pages of research material and consulted with numerous shareholders small and large ...

SIR is either overvalued or many of the others are well undervalued. If you are so smart throw a dart which one? 50-50 chance there for you.

eg WSA produces $280Mpa+ income at $2.23USlb aisc/aicc (Dec qtr) yet valued now barely the same as SIR MC with SIR having no income for 2 years and aicc at $2.09 so they estimate without actual production (ie pie in the sky unresearched unrealistic dart throwing), try more like $3.80uslb.

with NP rocketing this year predicted by several analysts and some even recently calling $11.0USlb ie up 75% from here at $6.77Uslb, the major beneficiaries will be NI producers not Ni builders. Sure many analysts recomend a BUY on SIR like Hartleys in the WA sunday times last week. They hope for a spike to 3.10 maybe even $4.00 then to run it down to $2 again...range bound trading...welcome to the FMG pattern, the dream is over the long hard slog is in.

if you are so smart yourself, lets take a bet then shall we that SIR SP Oct 2016 is lower than now. If it cant break 2.80-3.10 its done for a while back to $2.20, and then the shorts will come in that will be the only way your banker darling buddies will make any money in SIR till 2017. Fact is a lot of posters on here are delusional and act like teeanage boys with "wet dreams [not my phrase but your guys phrase], instead of married experienced men...you better go attend to those screaming babies and wives in those hot dongas. No wet dreams there. No bogans or uneducated uninformed posters here either mate. attacking the man and not the ball shows immaturity and lack of education.