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Pembridge Resources 'in a much stronger financial position' as it ships first consignment of copper

Pembridge Resources PLC's (LON:PERE) Gati Al-Jebouri caught up with Proactive London's Andrew Scott soon after announcing they've shipped its first consignment of copper since the re-start began.

The copper left the port of Skagway bound for Sumitomo warehouses in Japan.

He says despite the uncertainty, they're still operational and producing concentrate, which is a big positive given the circumstances.

In the first three months of this year Minto produced 6,975 wet metric tonnes of copper concentrate and received payments totalling US$18.7mln from Sumitomo for production.

Quick facts: Pembridge Resources PLC

Price: 3.125 GBX

Market: LSE
Market Cap: £2.33 m

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on 13/3/20

2 min read