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In fact if this project doesn't go at least 1 year behind and 30% over budget I will be surprised considering the scale of the project and the challenging scope of work.
I'm not a share guru like some here but I do have a lot of experience of large industrial construction projects including mines albeit not underground. What makes me believe the same team can suddenly jump to say, 125% of progress to catch up?
Signing of the shaft sinking contract, which was expected by the end of 2017, is a priority but still not imminently on the critical path said Knights, who maintained a ‘buy’ recommendation and 60p target price.
RNS Number: 7711A Sirius Minerals plc 02 January 2018 2 January 2018 Sirius Minerals Plc Block listing Six Monthly Return Further to the announcement 29 June 2017 (RNS number 5035J) regarding the Company's block listing application, Sirius Minerals Plc ("Sirius" or the "Company") provides an update on the total number of shares listed under the block listing...
They have managed to go 2 months behind, in a 3 month period, ie they have done 1 months work where they should have done 3.
"delays in commissioning", I am not sure what this means.
Many positives in Sirius Minerals' latest update say brokers More offtake deals will be a material share price catalyst for the York Potash project developer believes Liberum irius Minerals PLC’s (LON: SXX) first quarter update' contained a number of positives, according to analysts at brokers Liberum and Shore Capital.
Richard Knights, at Liberum, notes that the fertiliser group is targeting a further 1.7mt of offtake deals by mid-year (to add to the 4.3mt already agreed), a total he thought might take longer to achieve.
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