RE: Labrador Iron Mines Flying Higher30 Dec 2020 10:57
Good summary from a post on ADVFN
PEA report Parys mountain any day now. AYM thinks that we have 5 times more metal in the ground than our previous estimates.
PEA Labrador iron ore due 2021 with a view to production starting soon.
New acquisitions being lined up as we speak.
No placing due company has confirmed in last RNS
Sweden world class iron ore deposit option to be exercised. Iron ore prices have gone up more than gold in the last 12 months.
JV with QME who will earn in for 30% of Pary’s mountain to develop the mine.
Main market listed company not AIM with all assets in safe jurisdictions.
Experienced directors who have significant experience and have previously delivered shareholder value.