ASX:SMIMetals and Mining
Santana Minerals (ASX:SMI): Assessing Valuation After Full Bendigo-Ophir Land Acquisition and Royalty Removal
Santana Minerals (ASX:SMI) has secured full freehold ownership of the Bendigo-Ophir Gold Project land in New Zealand by committing to pay NZ$50 million in stages. The company has also removed key royalties that previously affected the site’s economics.
See our latest analysis for Santana Minerals.
The staged land deal and royalty removal seem to have injected fresh optimism into Santana Minerals, fueling a strong run in its share price. Momentum is clearly building, with a 24% seven-day share...