's () (FRA:N9F) Alistair Cowden talks to Proactive London about their plans to turn the 'unloved' Morila Gold Mine in southwest Mali into a major gold producer.
Cowden explains their plan to raise funds through a placement and share purchase plan (SPP) of up to $70 million to complete the acquisition. He explains how the 'world class asset' has been left for a decade due to lower gold prices but now there is significant potential.
The plan is to continue tailings operations and generate cashflow as well as commence infill and extension drilling at Morila and its satellites.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Mali Lithium Ltd named herein, including the promotion by the Company of Mali Lithium Ltd in any Content on the Site, the Company receives from...
FOR OUR FULL DISCLAIMER CLICK HERE