Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Africa-focused gold and coal retreatment investment outfit Armadale Capital (ACP) is poised for the imminent completion of a definitive feasibility study on its flagship Mpokoto gold project in the mineral-rich Congolese province of Katanga. The AIM-quoted company, whose shares had fallen by so much it recently carried out a one-for-150 consolidation, raised £700,000 the other day at 3.5p to help take Mpokoto, where it owns 80%, into production in the first half of next year.
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