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Sirius Minerals : Into Darkness

Captain Black's picture

"Quarter Two : Progress Update

* Comprehensive US$3.8 billion funding solution for stage 2 financing requirements launched on 30 April 2019 and on-track to complete before the end of September 2019

* Successful completion of US$425 million equity offering and US$400 million convertible bond offering

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Locked & Stocked

Captain Qahn's picture

Remarkable :-

"“This is a hugely important project for the North East of England and it’s great to see so much involvement from the local community, this is going to be such a boost for the local economy,” he said.

“The scale of the project is extraordinary. There are not many projects in Europe bigger than this. It’s not just the scale of the project which is important but the thought that’s gone into it, too. All the elements of engineering are coming together for this statement project.”

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Sirius Mine Funded

Captain Black's picture

The Launch : "The Stage 2 Financing consists of a combination of:

(i)    an underwritten Firm Placing and Placing and Open Offer to raise gross proceeds of approximately US$400 million 310 million) at a price between 15 and 18 pence per New Ordinary Share (the "Issue Price") launching immediately following the release of this announcement;

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Sirius 2019 >> MMXXI

Captain Black's picture

Special K : Valiam

"Fertilisers are routinely added to soil to enhance plant growth and increase crop yields. They include three main macronutrients: nitrogen (N), phosphorus (P) and potassium (K). If any of these macronutrients were to become unavailable or inaccessible to agriculture, a global food crisis of unprecedented scale would likely ensue. 

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