Sirius Minerals ($SXX), digging deeper into the myth
Is the recent dip in stock price an opportunity to buy?
3 interesting facts that every investor should take into account.
A)The external auditor warns the company might go bankrupt because Sirius is running out of cash. PricewaterhouseCoopers reports: “The Group is involved in efforts to secure short and long-term finance for its polyhalite project in North Yorkshire, the outcome of which is uncertain. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the Group’s ability to continue as a going concern.” (going concern means “open for business”) Read more
