The quarterly report highlights are very encouraging. NWA is in the Congo, the sovereign risk is now stable, but the share price still reflects the perceived soverign risk. Actual production is increasing, and a furnace expansion program is underway. A newsletter that I subscribe to has a target price of 49 cents for NWA. If not before, the sp will probably jump with the next quartely report, but will bolt once the new furnaces come on line.
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new world alloys limited
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