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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

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Share Price: 0.185
Bid: 0.17
Ask: 0.20
Change: 0.00 (0.00%)
Spread: 0.03 (17.647%)
Open: 0.185
High: 0.21
Low: 0.185
Prev. Close: 0.185
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IN BRIEF: Strategic Minerals Says Leigh Creek Funding Needs Lower

Mon, 09th 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; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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