Develop Global Ltd (FRA:IHB1)
€ 1.56 0.08 (5.41%) Market Cap: 432.68 Mil Enterprise Value: 432.26 Mil PE Ratio: 0 PB Ratio: 1.72 GF Score: 36/100

Develop Global Ltd Acquiring Woodlawn Zinc-Copper Project Transcript

Feb 17, 2022 / 12:00AM GMT
Release Date Price: €1.95
William James Beament
Develop Global Limited - MD & Director

Good morning, and thanks for joining us to discuss what is a transformational deal for Develop and its shareholders. First of all, I would like to thank everyone involved in this deal, from my Board, senior management team and our advisers, Sternship, Canaccord, our legal team, Ashurst and our due diligence, independent due diligence, extreme metallurgy, NewExco and NTEC, fantastic result and an unbelievable team effort to pull off this transaction so quick into the company's existence being only around 7 months.

I would also like to welcome the incoming Heron team. They have done an amazing job in keeping this mine in fabulous conditions during the care and maintenance phase over the last year or 2 and also navigating an administration process during that. As you can see, we have done an absolutely cracking deal. We've secured an exceptional asset at a highly attractive price, and we are in no doubt that we will increase its value substantially as we apply our core strengths of expertise and capital. Opportunities like these are

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