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Jameson Resources Limited ( (AU:JAL) ) just unveiled an announcement.
Jameson Resources Limited is progressing with its Crown Mountain Project by preparing responses to environmental assessments and negotiating an Impact Benefit Management Agreement with the Yaq̓it ʔa·knuqⱡi ‘it First Nation. The company is also engaging with Japanese and Korean steelmakers for potential product offtake and funding cooperation. A recent feasibility update has shown improved project economics due to increased coal price forecasts, despite inflationary cost increases. The project remains on track with no recordable injuries reported during the quarter.
More about Jameson Resources Limited
Jameson Resources Limited is an independent, growth-oriented developer in the steelmaking coal industry, focusing on delivering sustainable outcomes. The company is primarily engaged in the development of the Crown Mountain Hard Coking Coal Project, which is 90% owned by its Canadian subsidiary, NWP Coal Canada Ltd. Jameson is working towards advancing environmental approvals and permitting for this project, which has been identified as a high-quality steelmaking coal opportunity with competitive operating and capital costs.
Average Trading Volume: 120,094
Technical Sentiment Signal: Buy
Current Market Cap: A$71.07M
See more insights into JAL stock on TipRanks’ Stock Analysis page.