Shaft Sinkers, the underground construction company, has seen its share price bomb after announcing it has suspended work for its Russian client EuroChem.
The suspension at EuroChem's Volgakaly potash mine has been forced by "extremely difficult ground conditions" which have made work "extremely slow".
Shaft Sinkers has now entered negotiations with EuroChem on amending or terminating their contract.
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Shares in Shaft Sinkers have dropped 61% this year.
BS
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