RE: Ok what happens?10 Dec 2019 09:48
There has been no government backing and I don't expect Sirius to get any.
SXX have said what they intend to do - raise funds to construct shafts and dreisk the project via a strategic investor, debt, or if they can't avoid it an equity raise ( or if necessary a combination of any or all of the three ). Meanwhile Brexit and the election get in the way along with Trump and China so all we can do is wait to see what deal can be achieved. Maybe this week, maybe after Xmas, must be before the end of March 2020.
Can't come soon enough for me but after several years whats a few more weeks ?
GLA LTH. The value is there IMO.