Scarborough Borough Council (SBC)

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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North Bay Residents Association

Captain Black's picture

North Bay residents & representatives have been meeting to discuss the ongoing Sands & surrounding developments.  A round table meeting was held at the Town Hall on 25th September 2018 to discuss with Roland' Duce's representatives (Architect, Design & Development) local & business residents,  local Councillors, local residents & business who had concerns.  

From the notes to that meeting:

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Elections Timetable

Captain Black's picture

Guidelines and restrictions on decision making and publicity during the pre-election period:

"As you will be aware, local borough and parish elections are due to take place on Thursday 2 May so I thought it would be useful to remind you about the guidelines and restrictions on publicity during the pre-election period, known as purdah, which will start on Wednesday 13 March.

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Election Briefs

Captain Qahn's picture

"The session on Tuesday 19 February at 1.00pm at the Town Hall, St Nicholas Street, Scarborough, will include discussions about the role of a councillor, the responsibilities of the council and how it operates, as well as the skills required for the role.  There will also be a chance to quiz current councillors to find out what it is really like to be an elected member of the council.

The aim of the session is to inform those who might be interested in standing for election but are unsure about what is involved.

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Pride & Impediment?

Captain Black's picture

I look forward to hearing about the Premier Inn site visit.

"The original foundations and basis of the Sands development as shown, were to add value to the local economy  and enhance the environmental aspects of the North Bay for visitors and the local community.

" The Sands scheme has an important role in helping to achieve the renaissance of the North Yorkshire Coast by 2020 and Key Aims 2 (Building Prosperous Communities) and 3 (Creating Healthy and Vibrant Communities).

see   REPORT TO CABINET  TO BE HELD ON  16 OCTOBER 2007

" Forest View

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Sirius Minerals - Progress

Benefitz Betty's picture

"2 July 2018  Sirius Minerals Plc Quarterly progress update

* The project remains on track to deliver first polyhalite and commercial production on time 

* The fully procured and financed capital estimate will be provided to the market once binding financing commitment letters have been executed

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