Pathfinder Minerals originally acquired a large African mineral sands project in Mozambique back in 2011 for £34 million via a paper reverse takeover transaction. These licences have been subject to dispute for 9 years trying to regain control of them through the courts. Recent news indicates that Pathfinder, finally, looks to be making serious progress at long last. A deal seems to be fast evolving on the licences with the key difference that there appears to be the buy in of all parties. Such developments would seem to herald a basis change for long suffering shareholders.
06 Apr 2020
With a deal on the key mineral sands licence now seemingly on the cards, Pathfinder is in the enviable position of being on the cusp of a journey which could create material shareholder value
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With a deal on the key mineral sands licence now seemingly on the cards, Pathfinder is in the enviable position of being on the cusp of a journey which could create material shareholder value
Pathfinder Minerals PLC (PFP:LON) | 0 0 0.0% | Mkt Cap: 2.91m
- Published:
06 Apr 2020 -
Author:
Dr. Michael Green -
Pages:
22
Pathfinder Minerals originally acquired a large African mineral sands project in Mozambique back in 2011 for £34 million via a paper reverse takeover transaction. These licences have been subject to dispute for 9 years trying to regain control of them through the courts. Recent news indicates that Pathfinder, finally, looks to be making serious progress at long last. A deal seems to be fast evolving on the licences with the key difference that there appears to be the buy in of all parties. Such developments would seem to herald a basis change for long suffering shareholders.