SL1 0.00% 0.0¢ symbol mining limited

Ann: Symbol Executes Offtake Agreement and Loan Facility, page-37

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    (Acquisition news soon IMO- first mover advantage)

    What recent news would you like to highlight to investors attending?


    Continued high grade exploration results from Macy prospects and greenfields targets
    Completion of Scoping Study on Macy deposit
    Commencement of mining at Macy and initial revenue generation
    Further resource delineation at Aisha and other prospects
    Expanded mining program
    Expected project acquisitions taking advantage of first mover advantage in Nigeria

    What are your key goals for the next 3, 6 and 12 months?

    3 Months:

    Continued high grade exploration results

    Aisha prospect Resource drillout

    Additional exploration across 500km2 of tenements

    6 Months:

    Commencement of Mining

    First sales and concentrate shipment

    First revenues

    12 Months:

    Establish Resources over 1mt

    Acquisition of other Nigerian projects

    Expansion of revenue generation

    What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

    Key Risks

    Nigeria – strong joint venture partners. Continue community and Ministerial engagement programs. Be a good corporate citizen in country.

    Commodity Prices – diversify metals exposure through acquisition

    In a sentence, what do you think makes your company such a compelling investment?

    Symbol Mining is unique given ultra high grades at shallow depths, where the mineralised ore is non-disseminated; therefore a high grade concentrate can be delivered at low cost with limited processing. Symbol provides an exposure to base metal production along with exploration upside over a large tenement package in a frontier mining jurisdiction
    Last edited by BlueSkyOne: 19/07/18
 
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