9th Nov 2020 14:35
Strategic Minerals PLC - Leigh Creek copper mine in South Australia - Following review, says project funding requirement reduced to USD2.2 million. Total project pretax cash rises by USD5 million to USD35.4 million, giving a net present value of USD26.7 million. "Asset level funding discussions continue and additionally include the option to fund via an ASX listing or pre-IPO offering," Strategic adds.
Current stock price: 0.37 pence, down 14% on Monday
Year-to-date change: down 46%
By Eric Cunha; [email protected]
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