All good nice finish to the week and with the ramping up of the...

All good nice finish to the week and with the ramping up of the next campaign will not be low 4s for too much longer imo

Significant tonnages of feedstock secured for third ferrotungsten production campaign
??October-November ramp-up planned; production and sales volumes to further increase
??Product from second production campaign sold; working capital debt facility increased

Product from the second production campaign has been sold via the global sales agency agreement with
Wogen. Early settlement of sales enabled the retirement of a working capital debt facility ahead of maturity
and the same lender has increased the facility to $3.5m to assist with the ramp-up of production.

There is continued strong interest in the ATC ferrotungsten product and in hazelwood as a credible producer of tungsten master alloys.

http://www.hazelwood.com.au/files/HAcXX1pRlkVRDO9L.pdf