EXPLORATION & DEVELOPMENT

Strandline seeks country clarity for fundable Fungoni

MINERAL sands junior Strandline Resources has reported “outstanding financial returns” for its Fungoni project following a feasibility work, with the big challenge at the moment being convincing the market.

Michael Quinn
Strandline seeks country clarity for fundable Fungoni

For despite Fungoni having relatively modest capital costs of US$30 million, a headline NPV of $43 million and IRR of 56%, Strandline’s share price gain of 20% to A0.6c following the release of feasibility...

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