The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

Join ShareProphets at less than 2p per article

> All the big AIM fraud exposés

> 300 articles and podcasts a month

> Hot share tips

> Original investigations by our experienced team

> No ads, no click-bait, no auto-play videos

Find out more

Decision day nearer for Sirius Minerals

By Robert Tyerman | Friday 16 January 2015

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Sirius Minerals (SXX), the ambitious company seeking to exploit the world’s largest and highest-grade deposit of the high-nutrient agricultural fertiliser Polyhalite, has withdrawn one of its planning applications for the project, in the North York Moors National Park, for ‘re-tweaking’ and re-submission. But managing director Chris Fraser is still pushing ahead with off-take deals to help fund the £1 billion-plus York Potash project and the company, which hopes to be in production by 2018 if all now goes well, insists it could have the green light by May and then be on its way from a quote on AIM with a £182 million stockmarket value to membership of the FTSE 100 share index of the most heavily-capitalised companies in Britain.

You have reached premium content

You must be a paid subscriber to see this page.

Already a subscriber? Click here to sign in

This area of the site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Site by Everywhen