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Sirius Minerals (SRUXF) is trying to open a new mine in Yorkshire. The product, polyhalide, is an interesting one and has a likely market. The problem is that the ambition is too large for the capital base. They simply cannot finance the operation.
(Sirius Mining share price 20 Feb 2020, from London Stock Exchange)
A larger company could, in theory, finance that operation - that is, there's nothing wrong with the project per se, it simply needs a larger capital base applied to it to be able to bring