Business
Presenting at the London Investor Show
Presenting at the London Investor Show.
About this update from Keras Resources Plc
[{"type":"text","content":"\n \nRNS Number : 9202Q Ferrex PLC 21 October 2013 \n \n\nFerrex plc / Index: AIM / Epic: FRX / Sector: Mining\n21 October 2013\nFerrex plc ('Ferrex' or 'the Company')\nPresenting at the London Investor Show\n \nFerrex plc, the AIM quoted iron ore and manganese development company focused in Africa, is pleased to announce that it will be presenting at the London Investor Show at London Olympia on Friday 25 October 2013. At the event Managing Director Dave Reeves will provide both an overview of the Company's growth strategy as it advances its solid portfolio of iron ore and manganese assets in Africa, and will also participate on a panel regarding investment in Africa. \n \nThe Board looks forward to meeting existing and prospective investors at the event. For further information on the schedule for the event, and to register, please visit http://www.londoninvestorshow.com.\n \n**ENDS**\n \nFor further information and the full Admission document visit www.ferrexplc.com or contact the following:\n \n\n\n\n\nDave Reeves\n\n\nFerrex plc\n\n\n+ 61 (0) 420 372 740\n\n\n\n\nfinnCap\n\n\n\n\n\n+44 (0)20 7220 0500\n\n\n\n\nElizabeth Johnson / Joanna Weaving\n\n\nBroking\n\n\n\n\n\n\n\nMatthew Robinson / Ben Thompson\n\n\nCorporate Finance\n\n\n\n\n\n\n\nFelicity Edwards/ Elisabeth Cowell\n\n\nSt Brides Media and Finance Ltd\n\n\n+44 (0) 20 7236 1177\n\n\n\n\n \n \nNotes\n \nFerrex plc is an AIM quoted, leading iron-ore and manganese exploration and development company in Africa. The Company is focussed on advancing low capex deposits, which benefit from proximal established infrastructure, up the development curve and into production. Ferrex has a solid portfolio of assets including three primary projects: Nayega Manganese Project in Togo ('Nayega'), Mebaga Iron Ore Project in Gabon ('Mebaga'), and Malelane Iron Ore Project in South Africa ('Malelane').\n \nAt Nayega, Ferrex is currently conducting a Bankable Feasibility Study and expects to be developing Nayega during 2014. A Scoping Study indicates that Nayega could produce 250,000 tonnes per year of manganese concentrate at 38% with an initial capital expenditure of under $15m. The Company anticipates that cash generated from production at Nayega will be used to assist in the future funding of deve...