Very good announcement by Astron (ATR) today. Looks like the Chinese market for Zircon and Ilmenite is very bullish. Mentions that the joint venture with Carnegie plans on producing 20,000 tonnes of Zircon a year and 100,000 tonnes of Iilmenite. Market still valueing this project at nil worth to Carnegie even though Astron are funding the project. Only a small mine however looks like becoming a full scale cash positive mining operation. CNM market cap still almost below their cash and PDX share holding value alone. The Gambian mine and Wave trial still worth nothing.
Frustrating
CNM
carnegie corporation limited
