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Landore Resources Share Price Drops Amid BAM Gold Project Valuation

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Landore Resources Limited's share price fell 5.6% on Friday, trading at GBX 1.51 after previously closing at GBX 1.60. The company is the 100% owner of the BAM Gold Project in Northwestern Ontario, Canada, which has a resource estimate of 1.5M oz Au.

From dailypolitical.com

Why it matters

Some supportBrind's analysis of the reports

The company has a market capitalization of £5.62 million and aims to crystallize value from the BAM Gold Project, which was last estimated to have a Net Present Value of US$333.6m based on a May 2022 PEA.

From dailypolitical.com

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