IN BRIEF: Corcel notes nickel read-across on battery metal portfolio

Thu, 10th Mar 2022 20:30

Corcel PLC - London-based mining and mineral resource development company - Notes Mambare mining lease application progressing with the application now passed to the National Executive Council, which is likely the final step in the application process. Company also notes the significant rise in nickel prices and the favourable impact on the economics of its upstream battery metal portfolio, with prices well in excess of the company's "base case" assumptions.

Current stock price: 1.57 pence

12-month change: up 42%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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