SIR 0.00% $2.52 sirius resources nl

Glencore could emerge with a rival bid for Sirius, page-3

  1. 3,322 Posts.
    So in june I posted here some good advice to you all,
    sell at 4.00, sell n run like you stole it.

    but did you listen, i was laughed at wrongly, that was the top, I was right, I then said cheaper entry, sp will drop.

    now SIR SP sits at 2.61, intraday selling to 2.53, being 35% lower than june, IGOnow dragged down with it as the reality sets in. Both IGO SIR graphs look terrible, get that approval asap b4 they drop to $1 asap.

    Minus -$150M capex losses annually for 2 years for a medium mill of 1.5MTpa capacity same size as POSs mill at Lake Johnston already built costing a paltry $2M.

    Rob Dennis your COO took a directorship & bought 2.5M shares on market in POS rejoining his ANL buddies there yet didnt buy SIR shares on market nor get a directorship, funnelling his cash into POS shares. If your COO does that then maybe he thinks SIR SP is too high and POS SP is low, directorship glory none in SIR for him.

    Follow his lead, there will be no other bid, glencore is in strife itself. It wants offtake to eat bhps lunch not ownership of nova, the funds that didnt get out like hartleys did are talking it up, glencore is undercutting bhps nickelwest even more. Why isnt the SIR SP up 20% on this news? Graph looks headed to 2.00.

    I told you why in june.....debt rising, np lowering, hartleys sold the farm for its easy 2.50 to 4.00 trade,

    Face the fact, SIR has been the best pump & dump Ni stock ever seen since ANL 1997 FMG 2005 POS 1969 2000 2007 or MBN in 2007 outside of the N2 eclipse.

    5c to $5 to $2 to $4 to now $2.60. Take the profit n run like you stole it. Wait for 2017 for a low buyback if anything.

    2 years of unending cashburn, babies crying in that hot nullabor donga, RDennis has his hands full but im assuming they will dump him too. No matter he has hedged his bets well.

    dont delude yourselves, the shorts are in control, SIR is sold, IGO saved SIR from a 1.00 SP by 2017 thus far. Dont bite the hand that feeds.
 
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