NWA new world alloys limited

action a plenty...up she goes

  1. 7,650 Posts.
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    NWA is worth a good look. These guys seem to be doing what they say they will do. Lifting production all the time in the copper briquetting business. They made a maiden profit of $.25m last quarter on production of around 750t. They aim to lift production to 3000t/q within 14 months. Given economies of scale you would imagine that profit would be at least 4 times that currently.......mmmh, that would be maybe $4m+/annum. Market cap about $11m. Recent announcements seem pretty positive. Worth a look, imho....but do your research.
 
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