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Jameson Resources Limited ( (AU:JAL) ) just unveiled an announcement.
Jameson Resources Limited has made significant progress in advancing the Crown Mountain Hard Coking Coal Project, enhancing its economic viability with a substantial increase in pre-tax NPV. The company is actively engaging with Indigenous Nations and navigating regulatory processes to expedite project approvals, supported by recent legislative changes in British Columbia and Canada. Additionally, Jameson successfully raised A$3.44 million through a share placement to bolster its financial position.
More about Jameson Resources Limited
Jameson Resources Limited is an independent, growth-oriented company focused on developing sustainable steelmaking coal projects. The company operates primarily in the Elk Valley of British Columbia, Canada, known for its premium low-volatile steelmaking coal, and aims to deliver high-quality, low-cost coal with a reduced environmental footprint.
Average Trading Volume: 695,646
Technical Sentiment Signal: Buy
Current Market Cap: A$60.27M
For an in-depth examination of JAL stock, go to TipRanks’ Overview page.