Sirius Minerals PLC

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Market Cap:
£301.27 m
52 weeks high
52 weeks low

Viewing results 1-25 of 425


Sirius Minerals broker sees “plausible solutions” to attract strategic investors

“The logic is that in order to derisk the shaft, a strategic would only need to pay for the shaft to be sunk to the polyhalite extraction level, not the entire fit out of the shaft”...

1 day, 21 hours ago
Basic Materials

Losers and winners of the Sirius Minerals saga

The dramatic reversal of fortunes for the potash miner sent its share price crashing on Tuesday, however, some on the market are cashing in on the misery...

1 day, 23 hours ago

Sirius Minerals Yorkshire mine will be ‘on ice’ for a while after financing collapse says Proactive Research analyst

“The project has never stacked up for me. It has always been way too big," said Proactive Research analyst Christopher Ecclestone....

2 days, 1 hour ago

Sirius Minerals' fields and dreams: why small cap firms struggle when building projects

"Build it and they will come" ... was basically the theory, but first Sirius needed enough capital to pay for the whole mine development...

2 days, 20 hours ago

Sirius Minerals: no potash at the end of the rainbow?

We could end up with a useless hole in the ground that is so expensive, even Robbie Williams would baulk at paying for it....

2 days, 21 hours ago

Sirius Minerals: analysts see 'a few options' to salvage Woodsmith project

House broker Shore Capital suggested that alternative solutions could potentially include teaming up with a strategic partner...

3 days, 1 hour ago

Sirius Minerals financing falls apart amid Brexit bond turmoil, Boris Johnson’s govt refuses funding support

The US$500mln bond issue is cancelled, US$400mln of previously raised funds will be returned and the anticipated US$2.5bn credit facility won't go ahead....

3 days, 1 hour ago

Why Sirius Minerals must close its US$500mln bond issue by the end of next month

The company is running out of cash, and the successful issue of US$500mln of junk bonds will free up another US$3bn of much-needed funds, which if it doesn’t secure, could force it under...

on 13/8/19

Major mining companies faltering as trade war hammers commodity prices and dampens demand

Glencore's basis earnings per share dropped by 89% on the comparable period a year ago...

on 7/8/19

Sirius Minerals slides as Berenberg downgrades to ‘hold’ and cuts target price in half

The broker said the risk to the potash miner's Woodsmith project in Yorkshire was now "too high" after it suspended a US$500mln bond offering on Tuesday...

on 7/8/19

Sirius Minerals slumps as it slams brakes on US$500mln bond offering

“Sirius is now at the crucial juncture of its US$3.8bn Stage 2 financing package for the construction of its paradigm-shifting North Yorkshire polyhalite project in England,” Shore Capital said....

on 6/8/19

More lumbering mis-steps from the Sirius Minerals white elephant

Sirius Minerals can't finance construction of its Polyhalite mine in England...

on 6/8/19

Sirius Minerals to be hit with higher-than-expected yield on bond issue

Liberum repeated ‘buy’ rating and a target price of 40p on Sirius Minerals shares...

on 2/8/19

Sirius Minerals - City broker reveals how and why debt deal could help unlock significant value

“Expect shares to grind higher as bond nears completion,” said Liberum analyst Richard Knights in a note to clients....

on 23/7/19

Sirius Minerals bosses to begin bond roadshow this week

On Friday, Sirius launched a US$500mln high-yield bond to help fund the development of its Woodsmith fertiliser mine, and bosses are now pitching the investment to institutions...

on 22/7/19

Sirius Minerals launches US$500mln bond to fund development of huge fertiliser mine

Completion of the US$500mln bond will unlock a US$2.5bn revolving credit facility from JP Morgan, which should see the project funded through to completion...

on 19/7/19

Sirius Minerals confirms US$3.8bn stage 2 financing on track to complete by end of September

Sirius has already raised US$825mln from investors, and the remaining US$3bn will take the project through to completion...

on 2/7/19

Sirius Minerals capital raises have not been positive for shareholders on a simple per share basis, so what’s next?

“Given the aggressive sell-off in the Sirius Minerals share price since April, any negative updates are likely to be met with further declines, but if the stock can hold above the 13p mark, it would be well positioned to claw back some of the recent losses"...

on 27/6/19

Move over Sirius Minerals!! Well success puts Union Jack Oil’s Yorkshire project on the map

"The initial results of the West Newton A-2 appraisal well exceed our expectations,” said David Bramhill, Union Jack’s executive chairman...

on 17/6/19

Sirius Minerals lands major supply deal with Indian farmers co-op

"We are delighted to be embarking on a long-term partnership with IFFCO, an organisation with a wide reach and a proud history in India and a substantial profile in the global fertilizer market,” said MD Chris Fraser....

on 12/6/19

NQ Minerals now generating significant cash flow from the Hellyer mine in Tasmania

Chairman Brian Stockbridge said 2018 was a "transformational year" for the company...

on 5/6/19
Industry & services

Is London's fickle funding appetite part of Lasker's 'disastrous' cycle?

Stock market sage Bernard Lasker once said: “I can feel it coming...A whole new round of disastrous speculation, with all the familiar stages in order: blue-chip boom, then a fad for secondary issues, then an over-the-counter play, then a garbage market in new issues and finally the inevitable crash.”...

on 24/5/19

Sirius Minerals shares look sharply undervalued, Liberum analyst says

Analyst Richard Knights has a 40p price target, suggesting some 167% upside to the current market price....

on 23/5/19

Sirius Minerals says open offer share sale sees strong demand, closes oversubscribed

The FTSE 250-listed firm said it would be issuing the full 218mln allocation of new shares which are priced at 15p each, in line with the placing shares launched in early May...

on 21/5/19

Weeks after investing in Sirius Minerals, Norway’s sovereign wealth fund takes stake in Metro Bank

The fund, thought to be the largest of its kind in the world, has taken a 3.1% stake in Metro Bank, which had to tap the market for more money last week to shore up its balance sheet...

on 21/5/19