Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
The £500 000 of funding raised on Thursday by triple-listed Ferrum Crescent will enable the company to complete the bankable feasibility study (BFS) at its high-quality Moonlight magnetite iron-ore project, in Limpopo. The company had received applications from shareholders to subscribe for 100-million shares at £0.005.
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