NWA new world alloys limited

Slipped under the radar.Current s.p, 5 cents Mkt. cap. $11...

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    Slipped under the radar.
    Current s.p, 5 cents Mkt. cap. $11 mill.

    1 Current copper prod. in Congo 900 t per 1/4. New furnaces to be commssioned early May,upping prodoction to 1000-1200 t per 1/4.
    Est, revenue in excess $6 m June 1/4 (very conservative- copper at all time high)
    2 40% FREE CARRIED J.V. with Korab in Bachelor Tenemnt (adjacent Compass/Rum Jungle.Historic gold incl. 11m @6.4 g.t , 12 m @ 3 g.t.Drilling to commence this 1/4. Highly prospective uranium,gold.
    Summary: How many juniors will be cash flow (and profit) positive this year,with free carried interest in one of Aust's most prospective U areas ??

    Another way of looking at it.Copper production makes shares a steal, with U & gold exposure(free carried) thrown in for nothing !!!


    DYOR
 
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