The Group has acquired mineral assets in various stages of development throughout Africa, including mineral assets where there has been historical production.
The Group’s management has a proven track record of value creation in African mineral exploration with two members of the Board having been involved, as a founder and director, with UraMin Inc., a uranium exploration company sold to Areva for over US$2.5 billion in 2007. The founders are financially committed to the Group having funded the Group with equity and loans, all of which will have been or will be converted into new Ordinary Shares prior to or on Admission.
- The Group is focused on acquiring assets with historical exploration and/or historical production, reduced geological risk and potential for rapid advancement such as the RHA Project in Zimbabwe;
- The Group has acquired a wide range of commodities including tungsten, phosphates, lithium and tantalum, rare earth elements and clays that may be monetised in the near future;
- Management focus is on value creation through cost effective acquisitions and judicious expenditure on focused exploration and development; and
- The Group has a flexible approach to creating value which may include strategic joint ventures, disposals, development of projects to production by the Group itself or spin offs to new entities.
Some of the commodities we have exposure to:
3
Li
lithium
6.94
6.94
28
Ni
nickel
58.693
58.693
73
Ta
tantalum
180.95
180.95
74
W
tungsten
183.84
183.84
79
Au
gold
196.97
196.97
L
Limestone
REE
Rare Earth Elements
SM
Speciality Minerals