Stranger Holdings (GB:NEO) has released an update.
Neo Energy Metals PLC has successfully completed its due diligence on the Beisa North and South Uranium-Gold Projects, confirming robust resources and technical merits, and is finalizing acquisition documentation to become a leading uranium mining company in South Africa. The Beisa Projects boast significant resources, with 90.24 million pounds of uranium and 4.17 million ounces of gold, and the company is progressing towards the formal acquisition completion expected by 30 September 2024. This strategic move underscores Neo Energy’s commitment to rapid development and cash flow generation, while eyeing long-term growth in Africa’s uranium sector.
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