SIRIUS MINERALS PLC (SXX) Shares

ABOUT SIRIUS MINERALS PLC

Sirius Minerals  plc is a fertilizer development company with headquarters in Scarborough, United Kingdom. It is listed on the London Stock Exchange and a constituent of the FTSE 250 Index.

Founded in 2003, the company initially focused on exploring potash mining in North Dakota.

In February 2012 it abandoned attempts at overseas exploration and sought financing to begin construction at the Woodsmith Mine in North Yorkshire. It was admitted to the main market in 2017.

OVERVIEW OF SIRIUS MINERALS PLC

• Today Sirius Minerals plc focuses on this North Yorkshire project and mining the world’s largest deposit of polyhalite, a type of potash.

• In 2016 they decided to create a mine just south of Whitby with an underground conveyor system to transport the mineral from site to a materials handling facility nearby.

• Mining will be done on the Yorkshire coast in an area covering approximately 796 square kilometers – onshore (around 271 square kilometers) and offshore (535 square kilometers). The mineral seam is 1 500 metres below the surface.

• A production capacity of 20 million tonnes per annum (Mtpa) is expected which will contribute £ 2.3 billion annually to the UK’s GDP; £ 2.5 billion of annual exports and 2 500 direct and indirect production jobs as well as over 2 000 jobs during construction.

VISION & VALUES OF SIRIUS MINERALS PLC

• Sirius Minerals plc will contribute significantly to safeguard and enhance the natural environment in the area. A construction environmental management framework ensures that environmental impacts during construction are managed effectively to standards permitted.

• Apart from environmental projects, programmes to increase skills and aspirations, promote tourism and improve local rail services will be supported too. A growing local workforce will be enhanced by taking on apprentices and helping young people to gain much needed qualifications.

• The scale, thickness and quality of the deposit justify highly efficient, bulk mining methods and promise output over hundreds of years.

• The company’s approach to executing the financing plan ensures value to those holding shares or consider to purchase some.

MARKET PERFORMANCE OF SIRIUS MINERALS PLC

• Sirius Minerals plc’s shares are traded on the Financial Times Stock Exchange (FTSE) under the stock symbol SXX listed in the Industrial Chemicals sector.
• Half year results for 2019 show significant progress across all construction sites and activities. An operating loss of £ 14.3m for the period compared to £ 10.8m in the prior corresponding period was primarily due to a greater level of corporate sales and marketing costs.
• Loss of £ 3.1m for the financial period compared to that of £ 95.3m for the prior corresponding period is due to fair value gains attributable to derivative instruments in comparison to the fair losses incurred on these in the prior period.
• An operating income of £ 24.2 million at the end of 2018 and net income of £ 12.5 million complete a favourable performance in the market that gives shareholders ample confidence to buy or sell shares and expect sound dividends and returns.

Buy SIRIUS MINERALS PLC stocks / shares – A Step by Step Guide how to Buy / Purchase SIRIUS MINERALS PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy SIRIUS MINERALS PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SIRIUS MINERALS PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE SIRIUS MINERALS PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SIRIUS MINERALS PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy SIRIUS MINERALS PLC stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?