ANW just started tin production, (2nd asx listed tin producer)...

  1. cr7
    801 Posts.
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    ANW just started tin production, (2nd asx listed tin producer) expected to produce 50 tons ($1m at current spot price) before the end of the year and then ramp up to 500 tons pa ($10m at current spot price) from next year. Also currently drilling for Cobalt at Mt Cobalt pardon the pun lol, which by all reports is highly prospective for Cobalt.

    'The Company has commenced a 600m Reverse Circulation (RC) drilling program targeting down dip
    extensions to historic workings (Figure 1). Historical records for the Smith Mine report mining a lode
    approximately 7m in true width to a depth of 25m with a grade of 7.5%Co, 2.5%Ni and 18%Mn2'

    Just finished a placement and entitlement offer.

    Market cap $20m @1.3c
    Cash $2.5m
 
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