Multichannel Podcast - Alan Green talks to Hugo Schumann, Chief Commercial Officer at Apollo Minerals ASX: #AON
Multichannel Podcast - Alan Green talks to Hugo Schumann, Chief Commercial Officer at Apollo Minerals ASX: #AON. Hugo discusses the recent A$6m fundraising and the participation of major mining institutional investors Blackrock and Old Mutual Global Investors. The funds will be used to explore and develop the Couflens project in S France, which includes Salau, the World's highest grade tungsten mine. The project also includes a significant gold resource. Hugo also looks at the mining and labour reforms in France, and moves by French President Macron to streamline the mining license application process. Key investor takeaway points include: 1) Couflens is an early stage tungsten and gold project with big exploration upside 2) the project is underpinned by solid economics of the world's highest grade tungsten mine 3) Company chaired by Ian Middlemas, who has a great track record chairing Papillon Resources and Berkeley Energia.