21/03/11
Strategic Natural Resources was dubbed an ‘unknown gem’ of the micro-cap market by Evolution Securities, which this morning initiated coverage of the company with a buy recommendation. Veteran mining analyst Charles Kernot values the shares at 49 pence each. The bullish circular had an instant effect on SNRP, which advanced 2.12 pence, or 11 per cent to 20.88 pence a share.
25/11/10
We speak to Jeremy Metcalfe at Strategic Natural Resources on progress so far in finding customers for the coal from the Elitheni coal mine in South Africa. He tells us the company is in active negotiations with several large independent power companies and now fewer than 20 potential off-take partners.
21/10/10
Strategic Natural Resources shares jumped over 20% this morning after the group received the final part of the feasibility study for its Elitheni coal project in South Africa. The share has now doubled in value in just five sessions on the AIM market.
20/10/09
Closer to home and the location of the Elitheni project in South Africa has proved to be a major benefactor in the company’s success.
17/02/09
