London South East December Webinar: Atlantic Lithium, ValiRx, Cora Gold & Longboat Energy

London South East were delighted to be joined by a diverse group of companies for our final live event of the year. What each have in common is a low market cap versus the Net Asset Value potential for each individual company.

First to present was Vincent Mascolo, CEO at newly named Atlantic Lithium #ALL. Atlantic have a low cost high return lithium project in Ghana, close to the coast and a major port. The Ewoyaa project is fully funded to production by Nasdaq-listed Piedmont Lithium. The project metrics are ‘amazing’, strengthened by the newly announced Scoping Study upgrade.

Hear Vincent speak at 01:26 and take questions at 0:15:42

Suzanne Dilly, CEO at early stage drug developer ValiRx spoke next. ValiRx #VAL are hoping to receive the first payments for their VAL20l prostate cancer drug from TheoremRx before the end of the year, having signed a non-binding letter of intent in early November for US$61M. The company will update shareholders if there are any delays. The company intend to become a supplier to the pharmaceutical industry as well as a drug developer, a new strategic direction for the business.

Hear Suzy speak at 0:27:03 and take Q&A at 0:48:37

Bert Monro has just raised £4.25M for the Cora Gold Sanankoro Gold Project in Southern Mali. The #CORA Scoping Study upgrade added 200% to the Resource figure, making it 809,000 ounces of gold. Bert is very confident the the mine will eventually produce 2 million ounces of gold. The project metrics are very good says Bert, and they believe they are unusual and fortunate as an AIM developer to have the Lionhead term sheet for $25M ready and waiting post-DFS in H1 to help fund the cost of the mine development.

Bert presents at 0:56:23 and takes Q&A at 01:43:23

Helga Hammer is CEO at Longboat Energy, formed from the old Faroe management team, who built and sold oil assets worth $900M. Longboat have themselves raised £85M and with that have bought stakes in and created a portfolio of 7 near-term wells in the Norwegian sector of the North sea. Three have already been drilled, with two finds, Egyptian Vulture and Rodhette and four more are to come, two spudding this month. The company is in the middle of a very exciting and productive period says Helge.

Helge presents at 01:26:49 and takes Q&A at 01:43;28

#ALL #VAL #CORA #LBE #Gas #Lithium #Gold #Biotech #VAL201

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