Resources Stocks Down Under 17 December 2020: Tombador Iron, Lucapa Diamond, Firefinch
Tombador Iron: Rapidly approaching an iron ore payday
In today's edition of Resources Stocks Down Under, Tombador Iron has performed well since its Reverse Take Over was completed on 5 October. This company, which is developing its 100%-owned Tombador Iron Project Brazil, raised $15m at 2.5 cents per share in order to get the project to the commissioning stage. Since mid-November investors in that round have been well ahead on their money. We like the near-term nature of this opportunity.
Also in today's edition, a look at diamond miner Lucapa Diamond (ASX: LOM) and gold miner Firefinch (ASX: FFX).
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Click here to read the previous edition of Resources Stocks Down Under published 10 December 2020