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Sirius Minerals: Proactive Research analyst “not surprised” gargantuan financing failed

Proactive Research analyst Christopher Ecclestone gave his view on Sirius Minerals PLC’s (LON:SXX) collapsed project financing.

“I wasn’t surprised, I must say, It had always seemed like a stretch, in the best of times, and with the uncertainty about Brexit and all the other turmoil in the world … I always thought that it was going to be a trial and it has proven to be a trial that’s failed,” he said.

“The project has never stacked up for me. It has always been way too big.”

Quick facts: Sirius Minerals PLC

Price: 5.455 GBX

LSE:SXX
Market: LSE
Market Cap: £382.95 m
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