GreenX Metals Limited NPV (DI) (GRX)

Sector:

Mining

44.50p
   
  • Change Today:
    -1.50p
  • 52 Week High: 60.50
  • 52 Week Low: 39.00
  • Currency: UK Pounds
  • Shares Issued: 273.19m
  • Volume: 0
  • Market Cap: £121.57m

Prairie Mining repudiates Polish chief national geologist's claims

By Iain Gilbert

Date: Tuesday 08 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Prairie Mining has rejected claims made by the Polish chief national geologist regarding its Jan Karski coal mine.
A bankable feasibility study is being undertaken by strategic partner China Coal on the Polish mine. Due for completion in September, the study was set to refute claims made by the chief national geologist in regards to the development progress at Jan Karski.

A spokesman for the Polish government stated that the comments made were "neither the position of the Government, nor of the Prime Minister," and Prairie added that those statements contained "errors of fact and omission."

Prairie focused on the claim that it was obligated to drill 23 boreholes over the concessions, by noting that it is required to complete only seven boreholes, which it has done so, and has the option of drilling additional boreholes if desired.

Despite this, Prairie said its submission for a mining concession remains on track.

As of 1430 BST, shares in Prairie Mining were up 3.88% to 26.75p.

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GRX Market Data

Currency UK Pounds
Share Price 44.50p
Change Today -1.50p
% Change -3.26 %
52 Week High 60.50
52 Week Low 39.00
Volume 0
Shares Issued 273.19m
Market Cap £121.57m

GRX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
61.21% below the market average61.21% below the market average61.21% below the market average61.21% below the market average61.21% below the market average
43.7% below the sector average43.7% below the sector average43.7% below the sector average43.7% below the sector average43.7% below the sector average
Price Trend
35.18% above the market average35.18% above the market average35.18% above the market average35.18% above the market average35.18% above the market average
54.48% above the sector average54.48% above the sector average54.48% above the sector average54.48% above the sector average54.48% above the sector average
Income Not Available
Growth
24.45% below the market average24.45% below the market average24.45% below the market average24.45% below the market average24.45% below the market average
29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average

GRX Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

GRX Key Personnel

Chair Ian Peter Middlemas
CEO Benjamin Rade Stoikovich

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