NWA new world alloys limited

worth a very close look

  1. 7,649 Posts.
    lightbulb Created with Sketch. 2831
    This company has a copper briquetting plant in the DROC (Africa). It is steadily increasing production from 250t/m to the stated goal of 1000t/m within 12 months. Supply of ore was an issue, however, an announcement 2 days ago appears to have solved that issue. Expansion funding was subject to a supply contract being put in place, which has happened.

    At 1000t/m, my guess is a profit close to $1m/m...just a guess based on last quarter's figures....current market cap is $17m.

    Could be very tasty, very soon. All recent anns worth a read. Copper price will probably not affect this stock too much as supply contracts are in terms of a % of copper LME price.....I guess downside is thereby limited, but upside still exists.

    Do your own research.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.