IN BRIEF: Altus Strategies Notes Rise In Diba's Net Present Value

Altus Strategies PLC - Didcot, Oxfordshire-based mineral project royalty generator - Updates ...

Alliance News 18 November, 2020 | 9:23PM
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Altus Strategies PLC - Didcot, Oxfordshire-based mineral project royalty generator - Updates Preliminary Economic Assessment for Diba gold project in Mali, to incorporate the significant increase in modelled oxide gold recoveries from 80% to 95%, in line with results of the metallurgical testwork.

There has been a 32% increase in posttax net present value to USD107 million at a gold price of USD1,500 per ounce.

Current stock price: 62.95 pence

Year-to-date change: up sharply from 31.25p

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Altus Strategies PLC 83.00 GBX -2.92 -

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