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Business Development

Following the completion of a recent disposal and receipt of €6 million in cash consideration, Ormonde is primed to grow its business through project generation, joint ventures and / or acquisitions of resource projects that align with its strategy, which is to primarily target advanced natural resource projects in favourable jurisdictions, and in commodities with a positive market outlook.

Despite a generally positive long-term outlook for many commodities, the junior resource sector is currently suffering from a shortfall of available capital, providing Ormonde with a positive backdrop from which to identify and potentially access good quality projects.