Sirius Minerals Update from ShareSoc23 Dec 2021 22:51
Issued 23 December 2021
Sirius Minerals Update #15
Following the update in May, the Sirius Claim Group has been working with potential legal partners to consider potential claims.
There are a number of different claims that are being considered but, in all cases, they must pass the significant challenge of not only being considered technically viable by both legal and financial partners but also, that any derived awards/damages/compensation must substantiate the time, effort and risk of pursuing. It follows therefore, that reviewing potential claims is a time consuming and very detailed piece of work but we are confident that this stage of the process will be concluded by April next year. We would also remind readers that despite all the hard work that has been done so far, there is no guarantee that a viable claim as outlined above will be found.
As we enter this final period of review the more information, we have to collaborate what we know the better. Therefore, we would welcome contact from any previous employees of Sirius Minerals if they have any information to share, this would be confidential and can be anonymous simply email us: siriusclaim@montana55.co.uk
We truly appreciate that it is frustrating for ex-shareholders that we cannot provide further detail at this stage but, this is to ensure that we do not prejudice any claim(s) and we ask for your patience and understanding.
For those that have followed the related news over the last 20 months you will have seen that Anglo American have now removed Chris Fraser from the project, meaning that all the original management has now been changed. Additionally, they have made both financial and timescale reassessments of the project. Maybe they also now think that everything previously stated was not necessarily correct.
Wishing everyone a Merry Christmas and a happy New Year.
Best regards,
Paul Anscombe
Chair - Sirius Claim Group