Ironveld shares soar as it moves forward with tests

By
0 mins. to read
Ironveld shares soar as it moves forward with tests
Master Investor Magazine 46 cover

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

The share price of AIM-listed miner Ironveld (LON:IRON) soared 39.13% to 2.47p (as of 14:30 GMT) after it said it had delivered sufficient ore from its South African iron, vanadium, and titanium project to undertake a full kiln smelting test. The company expects to receive results from its potential off-take partner within the next three weeks.

CEO Peter Cox said that: “Our sampling programme is progressing to plan and we are confident of reaching a long term off-take agreement with our potential off-take partner, which would generate significant revenue for Ironveld. I look forward to updating the market further in due course“.

Comments (0)

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.