Kopore Metals Ltd ( (AU:EEL) ) has shared an announcement.
ENRG Elements Limited has announced significant cost reductions following a review by its newly appointed directors, which will enable the company to strategically assess its assets and explore new business opportunities. The company has renewed exploration permits for its Agadez Uranium Project in Niger, which hosts a substantial inferred mineral resource, while deciding to relinquish its lithium exploration licenses in Manitoba due to their limited potential. The board is focused on stabilizing the business and maximizing shareholder value through prudent cash management and strategic asset evaluation.
More about Kopore Metals Ltd
ENRG Elements Limited is a company operating in the resource exploration industry, focusing on uranium and lithium projects. Its primary assets include the Agadez Uranium Project in Niger and previously held lithium exploration licenses in Manitoba, Canada. The company is committed to maximizing value from its existing assets and exploring new business opportunities.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.88M
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