XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Weekend Lounge: 22-24 Feb, page-19

  1. 568 Posts.
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    STTCOMP ANW FA LONG 

    Market Cap (MC) $ 29.8 m
    Cash in Hand (CiH) $1.05 m 
    Price on posting: 1.5 c

    • About to commence Tin production in Tasmania. 550 tonnes per year. Tin price at all time high of @ $30,000 AUD. AISC per tonne of @ $17,000 
    • A second Tin project in NSW is pending approval of the Mining Operations Plan (MOP) and will conduct an initial trial mine of 410,000 of ore. Has 57,000 tonne of contained Tin
    • Cobalt project at Mt. Cobalt - currently awaiting assay results
    • Also have Nickel, Silver, Manganese

    Have a look at the table below created by Rio Tinto. Says it all. ANW have five of the top six metals for the future. Just need to kick off production at Granville Tasmania to generate some income to fund Taronga. 

    IMO
    https://hotcopper.com.au/data/attachments/1448/1448856-6ed40855d3f8d365d943013ecb079e4b.jpg
 
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