Amur Minerals PLC - Russia-focused nickel-copper sulphide explorer - Outlines strategy for creating bankable feasibility study for Kun-Manie nickel-copper sulphide project once permanent conditions TEO is completed. TEO is the mandatory Russian feasibility study. Bankable feasibility study strategy includes finalising the plan, costing and technical parameters, obtaining binding offtake agreements and sourcing funding for the study. Funding is to mostly come from debt, with a further component from equity or investment from an offtake partner.
Current stock price: 1.20 pence
Year-to-date change: down 40%
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
