Mwana Africa (AIM:MWA) is UK AIM-listed gold and nickel producer and explorer.
Current Share Price is 5p ; Mkt Cap £55m
Large Chinese Strategic Investor invested recently at 5.5p to own over 20%.
Gold in Zimbabwe : 70k oz production p.a. at $700/oz cash cost should be generating $70m cashflow p.a.
Nickel Mine in Zimbabwe (restarting from Care & Maintenance) : BNC with initial 7k tonnes p.a. production / Offtake in place with Glencore / Recent drill results of 27m @ 10% Nickel
Gold in DRC : 2m oz from having drilled 2km of 9km strike length. In the neighbourhood of 10m+ oz elephant fields owned by majors such as Randgold and Anglogold.
