Shefa Gems (Shefa Yamim) (SEFA LN) # recently announced raising gross proceeds of £1m which is expected to be sufficient to significantly advance the company through mine licensing and to the start of mining and product sales. This follows the publication of a Technical Economic Evaluation (TEE) which demonstrated low operating and capital costs. The TEE considered both contract and owner-operated mining with LoM capital of US$7.5m and US$11.3m, and operating costs of US$27/t and US$26/
04 Jun 2019
From Mine to Market
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From Mine to Market
Shefa Gems Ltd (SEFA:LON) | 0 0 0.0% | Mkt Cap: 2.91m
- Published:
04 Jun 2019 -
Author:
Oliver O’Donnell -
Pages:
18
Shefa Gems (Shefa Yamim) (SEFA LN) # recently announced raising gross proceeds of £1m which is expected to be sufficient to significantly advance the company through mine licensing and to the start of mining and product sales. This follows the publication of a Technical Economic Evaluation (TEE) which demonstrated low operating and capital costs. The TEE considered both contract and owner-operated mining with LoM capital of US$7.5m and US$11.3m, and operating costs of US$27/t and US$26/