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IronRidge Resources Limited

IronRidge Resources Limited is an AIM listed (since February 2015) greenfield exploration company which was founded by an Australian listed company, DGR Global Limited who remain a key strategic shareholder. The company’s exploration assets are primarily focused on Africa including gold exploration in Chad, lithium in Ghana, gold and lithium in the Ivory Coast, iron ore in Gabon and alumina, titania, nickel and gold in Australia.

Executive summary

As at 30 June 2016, the company had net cash of approximately A$10.7m to support exploration efforts globally, including potential drill programmes. Book value of net assets was A$15.6m (including A$5.1m of exploration assets) as at 30 June 2016.

Quick facts: IronRidge Resources Ltd

Price: 12.8011 GBX

AIM:IRR
Market: AIM
Market Cap: £51.78 m
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Financial results and forecasts
Growth drivers
Management
Market conditions
Milestones & inflection points

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IronRidge Resources Limited

IronRidge Resources Limited is an AIM listed (since February 2015) greenfield exploration company which was founded by an Australian listed company, DGR Global Limited who remain a key...

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IronRidge Resources' Vincent Mascolo welcomes 'highly valuable' new data set...

IronRidge Resources Limited's (LON:IRR) Vincent Mascolo tells Proactive London's Andrew Scott they've identified a drill ready target at the Zaranou gold license in Côte d'Ivoire from recently secured historical data. He adds that they've also enlarged a second phase drilling programme over the...

1 week, 1 day ago

7 min read