Circum & October21 Oct 2020 09:27
We continue to hold 5 010 333 shares in Circum Minerals Limited ("Circum"), currently valued in total at $6 262 916.25. Circum has undergone a change of management control and has undertaken a review of the previous studies with the specific intention of reducing capex, accelerating time to build and improving the internal rate of return ("IRR"). Circum has indicated that preliminary reports should be available in October 2020, final reports in Quarter 1 of 2021 and re-energised discussions targeted to a liquidity event possible from as early as October 2020, dependent on preliminary results.
Note--preliminary reports should be available in October--discussions will follow.