Metallica Minerals Limited (ASX:MLM) Update On Cash Position And Listed Investments
Metallica's cash and listed share investments currently total approximately A$57 million compared to the Company's market capitalisation of around A$33 million. Metallica also has substantial additional mineral asset value in its flagship NORNICO nickel-cobalt & scandium project in north Queensland, plus advanced zircon-rutile and limestone-lime projects.
For the complete Metallica Minerals announcement including tables, please view the following link:
About Metallica Minerals Limited
Metallica Minerals Limited (Metallica) (ASX:MLM) was incorporated in 1997 by Founding and Managing Director Andrew Gillies. Metallica was established with the primary objective of creating opportunity and wealth for its shareholders through the evaluation and development of mineral projects in Queensland. Metallica was listed on the Australian Stock Exchange November 2004 (ASX:MLM). Metallica's focus and flagship project is its North Queensland Nickel Cobalt (NORNICO)
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