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Sula Iron & Gold CEO on ‘better than expected’ valuation of Ferensola

Nick Warrell, the chief executive of Sula Iron & Gold (LON:SULA), says he is ‘exceedingly pleased’ with the more than 50% increase in the technical value of the company’s Ferensola project in Sierra Leone.

Warrell discusses the company’s share price, which he points out is well below the US$56 million independent assessor SRK reckons the project is worth.

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Price: 1.15 GBX

AIM:POW
Market: AIM
Market Cap: £8.87 m
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Red Rock Resources submits new licence applications to explore Victoria...

Red Rock Resources PLC (LON:RRR) chairman Andrew Bell tells Proactive it has applied for new licences in the Victoria Goldfields of Queensland, Australia through its joint venture Red Rock Resources Australasia with Power Metal Resources PLC (LON:POW). Bell says the ground under application...

on 05/19/2020

2 min read