|Bid||3.4600 x 0|
|Ask||3.5360 x 0|
|Day's Range||3.3200 - 3.6480|
|52 Week Range||2.1000 - 8,389.0000|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||4.35|
|Earnings Date||Aug 17, 2018 - Aug 20, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||45.00|
Sirius Minerals is seeking a strategic investor to help fund a revised two-stage development project for its giant mine beneath the North Yorkshire moors. and access a deposit of polyhalite, a mineral that can be used as a fertiliser. Once that technically challenging phase is complete, Sirius will look to raise $2.5bn from banks and infrastructure funds to finish construction of the mine.
Relentless optimism is a must-have when seeking finance for mining projects — particularly one as ambitious as Sirius Minerals which hopes to mine pellets of potash fertiliser from the North York moors. Lombard has long admired the relentless optimism of Sirius boss Chris Fraser. Now Sirius says it has reworked its numbers, split the mining project into risky and less risky chunks and, having trimmed all but mission critical costs, reckons it has enough to keep things ticking over till April.
Every investor in Sirius Minerals Plc (LON:SXX) should be aware of the most powerful shareholder groups. Institutions...
Sirius Minerals scrapped a plan to raise $500 million in a bond sale on Tuesday, delaying a project to mine for fertiliser under a national park in northern England and halving the value of its shares. Sirius blamed market conditions aggravated by uncertainty over Britain's departure from the European Union for its failure to secure funding. Sirius said on Tuesday the government had turned down a renewed request for backing in August.
Anyone researching Sirius Minerals Plc (LON:SXX) might want to consider the historical volatility of the share price...