Okapi Resources
Financials:
Primary ticker: ASX:OKR
Stage of development: Exploration, Development
Primary minerals: Uranium
Project to promote: Tallahassee
Project location: North America
Website: okapiresources.com
Corporate presentation: Click here
Okapi Resources Limited recently acquired a portfolio of advanced, high grade uranium assets located in the United States of America and in the Athabasca Basin, Canada.
Assets include a strategic position in one of the most prolific uranium districts in the USA – the Tallahassee Creek Uranium District in Colorado. The Tallahassee Uranium Project contains a JORC 2012 Mineral Resource estimate of 27.6 million pounds of U3O8 at a grade of 490ppm U3O8 with significant exploration upside.
Cash: AUD4.4M
Debt: NIL
Major shareholders:
Management Ownership – 9%
Management Profile
Andrew Ferrier – Managing Director
Andrew Ferrier has 15 years’ experience mining and capital markets. Previously held senior roles for Pacific Road Capital, a large mining-focused private equity investment firm where he worked for 12 years across USA, Canada and Australia.