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Stockbox – Interview with Neo Energy Metals #NEO CEO Sean Heathcote
18th August 2024 / Leave a comment
Stockbox spoke to Sean Heathcote, CEO of Neo Energy Metals #NEO following the recent RNS on the acquisition of the 90MLB uranium resource project and giving an update on the project. Watch below.
The company plans to advance the project by securing a commodity-linked debt facility tied to the gold within the deposits, allowing them to retain the uranium. The aim is to finalise this funding by the end of September and proceed with updating the mineral resource estimates and further drilling.
The Biesa project is unique in that both gold and uranium can be mined simultaneously, making the uranium effectively free from a cost perspective, as the gold revenue is expected to cover most operating and processing costs.
Stockbox Minerals talks to Fulcrum Metals following the LOI for the sale of its uranium assets
3rd April 2024 / Leave a comment
Stockbox Minerals talks to Fulcrum Metals following the LOI for the sale of its uranium assets. CEO Ryan Mee discusses the terms of the deal with Canada listed Terra Balcanica Resources and the C$3.3m of cash and shares the deal brings into the business. Ryan also discusses progress at the Big Bear and Jackfish project, the Tully Gold project plus the Teck-Hughes project sampling programme, and in particular the testing and study agreement with Extrakt Process Solutions. Ryan also highlights the recent appointment of Jason Brewer as strategic advisor, and gives investors a flavour of upcoming developments to watch out for.
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