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Greenwing Resources Ltd ( (AU:GW1) ) has issued an announcement.
Greenwing Resources Ltd has made significant progress in its Que River Project in Tasmania, achieving technical and permitting advancements and completing a positive Scoping Study for mining recommencement. This study outlines a low-cost pathway to early cash flow, with potential mining and processing of approximately 665 kt of ore. In Madagascar, the company is monetizing surplus equipment and engaging in discussions with potential strategic partners to diversify graphite supply chains. Meanwhile, in Argentina, Greenwing is focusing on cost discipline at the San Jorge Lithium Project while planning strategic discussions with local government officials.
More about Greenwing Resources Ltd
Greenwing Resources Ltd is a company primarily focused on lithium and graphite assets, which are supported by strong long-term market fundamentals. The company also has the Que River Polymetallic Asset in Tasmania and is exploring alternative ways to realize value from its diversified asset portfolio.
Average Trading Volume: 533,647
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.96M
See more data about GW1 stock on TipRanks’ Stock Analysis page.