WFE 0.00% 2.4¢ winmar resources limited

Ann: Update on Status of Re-Compliance Listing, page-38

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  1. 3,667 Posts.
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    I would expect that they should be generating first revenues within 6 months from re-listing given that the plant is already there and will require, what we're told is only, minor modifications and upgrades to be commissioned. Selling the output shouldn't be difficult given the smelters across the border in Zambia that will happily take any feed they can get and the DRC Govt backed down from the planned ban on exporting concentrate.

    I haven't looked into the exploration tenements in much details, so I won't commit to a timeframe for expected discoveries to be made. wink.png
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