Sirius Minerals discussion

I think we’re due a discussion on Sirius Minerals - brokers including Interactive Investor and HL have seen the ambitious fertiliser mining project among their top-traded stocks.

Some commentators have referred to the project as a “lottery ticket” with many retail investors anticipating huge returns if the mine turns profitable.

That has always been balanced with high risks - in particular recently when a Government loan was withdrawn leaving the company with a significant funding gap. That has now been filled with a new scheme backed by JP Morgan.
(https://www.proactiveinvestors.co.uk/companies/news/219328/sirius-minerals-launches-us38bn-markets-led-stage-2-project-financing-219328.html)

The share price has fallen 17% today as a result of the dilution, but does this mean the risks have also been lowered thanks to this big step? Are you looking to buy, increase, hold or sell a position in the near future?

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