Corcel PLC - London-based mining and mineral resource development company - In receipt of an externally commissioned gap analysis report conducted on its wholly-owned Wowo Gap nickel cobalt project. A key finding of the report is the need to update offtake assumption as a result of recent positive structural changes in nickel prices and the proposed broadening of focus to include multiple development concepts. Also a requirement to plan for expected wet conditions at the minesite.
Current stock price: 1.20 pence
12-month change: down 25%
By Heather Rydings; heatherrydings@alliancenews.com
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Corcel (CRCL)