Our Corporate Mission is comprised of three definitive categories:
- detailed infill exploration;
- a transformation from exploration to production;
- maximisation of shareholder value.
The Board is initially focused on detailed infill exploration, within the Company’s Detailed Exploration and Production Licence area. By drilling to expand the reserve base, compiling the necessary engineering studies and providing optimised designs to the standards of a Bankable Study, we will continue to derisk the project. All work is being conducted to international technical and environmental standards appropriate for financing of a large scale project that will be both profitable and competitive with its peer group.
Secondly, and concurrent with the first objective, the Board aims to transform the Company from exploration to production. Having successfully obtained the Detailed Exploration and Production Licence for the project from the Russian Federation agencies, work will focus on determination of the optimal operation best suited to beneficiate the metal of Kun-Manie. Through the optimisation process, we will identify the specific project requirements and funding requirements to develop and operate one of the largest nickel copper sulphide deposits in the world.
As a public listed company on The London Stock Exchange, and as we progress through the pre-production assessment phase, all efforts will be made to maximise shareholder value.