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Ironveld

16:51 on 20/11/2017

Current Price 2.48p | Bid 2.25p | Ask 2.50p | Change 0.00%

Company Overview

Ironveld plc (formerly Mercury Recycling Group plc) is an exploration and development compan. The company is focused on the development of a new integrated Vanadiferous, Titaniforus Magnetite 'VTM' project on the Northern Limb of the Bushveld Complex north of Mokopane in the Limpopo province of South Africa. The company is committed to advancing the beneficiation of raw materials within the Republic of South Africa. The company will own and operate a 15MW DC furnace to beneficiate the ore to produce high purity iron products, vanadium and titanium . The 15MW DC furnace will be situated on the farm Altona in the Mogalakwena Municipality, a property to be leased. The company holds rights to the minerals covering a group of seven adjacent farms, measuring an area of 165 square kilometers and it intends to mine the VTM mineral resource. The JORC-compliant mineral resource is estimated at 80 million tonnes (VTM) containing 32 million tonnes of iron (Fe), 700 000 tonnes of vanadium and 9 million tonnes of titanium.

Stock Details

EPIC IRON
ISIN GB0030426455
Shares in Issue 327,544,175
Market cap £ 16.38m
Sector Industrial Metals & Mining
Indices FTSE AIM All-Share Index

Financial Highlights Year Ended 30/06/2014

Turnover £0.00 million
Operating Profit £-0.66 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -17.86
» More Financials

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Price Summary

Mid Price ? 2.38p
Bid Price ? 2.25p
Ask Price ? 2.50p
Volume ? 118922
Change Today 0.00p
% Change Today 0.00%
Open 2.36p
Previous Close 2.38p
Intraday High 2.50p
Intraday Low 2.36p
52 Week High 5.88p
52 Week Low 3.88p

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