Strickland Metals
Primary Ticker: ASX:STK
Stage of Development: Exploration
Primary Minerals: Copper, Gold
Country / Region: Serbia
Market Cap 320m
Corporate Presentation: Go to presentation
Website: Strickland Metals
Strickland Metals owns the 5.4Moz Au Eq Rogozna Gold Project in Serbia With ~$32.7M in cash and liquid assets supporting our aggressive 50,000m drilling program, the Company is well-placed to deliver substantial resource growth over the next 2 years. We are looking to attract investors who share our vision of creating a mid-tier natural resources company in the medium term.
Management Profile:
Paul L'Herpiniere, Managing Director. A geologist with >20 years international experience, specialising in project generation, exploration management and more recently, fund management.
What is your rationale for taking part in 121 Mining Investment?
Engage with long-term institutional and corporate investors who may be interested in being a key part of our journey from a junior to mid-tier natural resources company.
What are your key goals for the next 3, 6 and 12 months?
3 Months
- To complete the current drill programs at Rogozna.
- To make another discovery at the Rogozna Project.
- To increase institutional ownership to >25%.
6 Months
- Increase Rogozna Resources to >9Moz AuEq..
- Deliver maiden scoping study for Rogozna.
- To increase institutional ownership to 30%.
12 Months
- Increase Rogozna Resources to >10Moz AuEq.
- To make another discovery at the Rogozna Project.
- To increase institutional ownership to 35%.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The main risks we are facing are technical risks associated with advancing the Rogozna Project though feasibility studies.
What do you think makes your company such a compelling investment?
- One of the largest resource bases on the ASX, with significant resource upside potential.
- $32.7 million in available funding to deliver on our ambitious growth strategy.
- A management team with an excellent track record in creating value.
What are the top 3 key investor takeaways?
- Strickland Metals is a standout amongst ASX-listed Junior Gold Companies.
- We have more leverage to discoveries, resource growth and the strong gold price than any of our peers.
- Our fully funded growth strategy can deliver substantial value within two years.
