With an oversubscribed placing and strong shareholder support in the UK, Europe and Australia, potash developer Davenport Resources (ASX:DAV) is going through a renaissance. With a cornerstone bank as an investor, Managing director Chris Gilchrist says the company will be far from news 'light' in the coming twelve months with clearly defined milestones and timelines that include drilling in Germany and hopefully a significant mineral resource update by the year end. With 5.3 bln tonnes of potash resource, Gilchrist tells Proactive London that Davenport's resource is the largest in Western Europe.
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Davenport Resources aiming for significant mineral resource update by end 2021
Davenport Resources aiming for significant mineral resource update by end 2021
Quick facts: Davenport Resources Ltd
Price: 0.085 AUD
ASX:DAV
Market: ASX
Market Cap: $35.97 m
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