After an increase in the resource base of 9.6Mmtu at
The company reported an increased in situ hard rock resource of 28.7Mt at 0.30% WO3 (tungsten oxide), containing 8.6mmtu of WO3, up from 6.5Mmtu.
The broker raises its projected mining rate from the open pit and anticipates 80% recovery to a 50% WO3 concentrate. The Add rating is maintained.
Target price is
© 2023 Acquisdata Pty Ltd., source