Executive Director, Richard Wolanski goes through a recent presentation on the company’s resource, its short term strategy and goals for 2011.
Richard explains how the company has been de- risked through an institutional placement in February and the removal of the parent company’s founding stake of 32M shares. Its JORC Vanadium/Titanium resource is one of the largest V/Ti in magnetite in the world and has the potential for 100+ year mine life.
SPM Price at posting:
29.0¢ Sentiment: None Disclosure: Held
