Paul Atherley, Managing Director of Berkeley Energia Limited (LON:BKY), caught up with Proactive’s Andrew Scott as the company’s shares made their debut on the main board of the London Stock Exchange
Atherley says the will allow them to build support among European institutional investors while advancing activities on-site towards production.
The change, according to managing director Paul Atherley, will allow the company to build support amongst European institutional investors whilst it is advancing activities on-site towards production.
The AIM-listed uranium miner said it currently holds US$100mln in cash, while also currently holding 2.75mln pounds of triuranium octoxide (U3O8) concentrate under long term contracts over the first six years of production, with potential to increase annual contracted volumes further as well as extend the contracts by a total of 1.25mln pounds.
FUELLING EUROPE’S CLEAN ENERGY FUTURE
“The company is now focused on awarding major contracts, filling key management positions and conducting detailed reviews focused on ensuring that the very best capital and operating costs are achieved”
Paul Atherley, Managing Director of Berkeley Energia, gives an interview at 121 Mining Investment.
Interview With Managing Director & CEO Paul Atherley.
Berkeley Energia Ltd (LON:BKY) is awarding major contracts and filling key management positions for construction of the Salamanca mine, commencing in the New Year.
Amec Foster Wheeler, now part of the FTSE 250 listed Wood Group, has been selected to deliver a fixed price engineering, procurement and construction (EPC) solution for the construction of the mine, plant and associated infrastructure.
Paul Atherley, Managing Director, discusses the $65M Oman financing transaction, which fully de-risks the capital costs required to bring the Salamanca mine into production. Paul welcomes the Oman fund as a strategic, long term investor and shareholder in the Company and Mr Deepankar Panigrahi to their Board. The Salamanca mine is the only uranium mine under construction in the world today and the Company is well positioned going in to the New Year.