Tuesday January 23, 2018
Falling out with my father over his loathsome cat Obe
Putting Peter Tatchell on the spot - should there be fewer gay MPs?
A few of we right wingers are total arseholes but the few have allowed Cathy Newman and Channel 4 News off the hook

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Sirius Minerals Cash Position – Just do the maths – Share Placing ahead DESPITE RNS denials

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

I seem to have rather riled Sirius Minerals (LSE:SXX ) with a suggestion last week that it urgently need to issue equity. The company has issued a statement today which says that “ The Directors of Sirius Minerals Plc, the globally diversified potash development group, would like to correct current misinformation about the Company’s financing plans for the York Potash Project. As at 31 January 2013, the Company had a cash balance of GBP24 million and no immediate plans for a placement of shares.

The development of the world-class York Potash Project will require multiple financings and these will be carried out when required, when opportunities present themselves and always with the best value to shareholders in mind.”

Ooooh er missus. Whatever you say.

Now let’s look at the facts.

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