NQ Minerals (LON: NQMI) CFO Colin Sutherland joins DirectorsTalk to discuss its further investment in Tasmania Energy Metals. Colin explains why this transaction is a good strategic fit for the company, provides more detail on the structure of the deal, how long it will take to develop an integrated facility and what other news we can expect from NQ over the coming months.
NQ Minerals is an Australia-based mining company which commenced production in Q4 2018 at its flagship Hellyer Gold Mine. The Company anticipates strong cash-flow and profitability from Hellyer and has a portfolio of exciting exploration prospects. The Company’s management team has decades of experience in the exploration and production of gold, silver and a variety of base metals.