Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Sirius Minerals PLC chief ‘delighted to have reached this point’ with project financing

Friday, November 11, 2016 7:06
% of readers think this story is Fact. Add your two cents.

Sirius Minerals PLC CEO Chris Fraser spoke to Proactive a week on from firming up the company’s $1.2 bln first-phase financing plan for their Polyhalite mine in North Yorkshire.
‘We’re delighted to have reached this point. We’ve got the shareholder vote to go but it’s great to reach a major milestone like this. It’s taken a long time but it’s a pretty significant achievement for us and it’s good that we’ve not only achieved a milestone for us but also set a few benchmarks in the process”, Fraser said.
”Our focus has always been on bringing this project into production – we’ve done everything we can all the way through to minimise dilution, which is a bit of dirty word in retail investment land, but ultimately you need capital to unlock the value and deliver a project like this. We believe the package we’ve put together here does the best job and is absolutely in the best interests of shareholders.”

Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.