Investment Case24 Jan 2020 09:36
A cash generative and profitable gold producer focussed on building production and global profile
Niche recovery business with an experienced management team and global opportunities being
targeted for growth
Strategic plan to secure investment partner for primary mining operation in Kenya, which has a
670,000oz Resource
Undervalued relative to peers with a fair value of 13p
Targeting 50,000oz Au p.a from gold recovery and 50,000oz Au p.a from primary mining in next
2 years
Underleveraged with a capacity to raise non-dilutionary capital for growth projects