Mining companies quoted in Australia and Toronto are seeing the London market as an attractive source of funds and seeking a dual quotation. The latest is Castillo Copper (LON: CCZ) and the share price has already gone to a significant premium since it joined the standard list on 4 August.
Castillo raised £1.3m at 1.7p a share and the share price ended the week at 2.45p (2.2p/2.7p).
The original Castillo projects in Chile have been relinquished and it has two Australian opportunities and another in Zambia.
Mt Oxide
There are three core projects, but the one that management is focusing ...