(MENAFN- ABN Newswire) Developing a High Grade Neodymium & Praseodymium Mine
Updated Investor Presentation Sydney, July 23, 2018 AEST (ABN Newswire) - Hastings Technology Metals Ltd ( <>
Hastings Equity Statistics
Steady growth in market cap since May 2017
- Market Cap ~ A$ 180m
- ~ 1200 Shareholders: +55% in 2017
- Top 10 shareholders owns: ~ 70%
- A$59m raised since 2014
- Cash: A$25m as reported on 31st March 2018
- No Debt
- Included in the ASX All Ordinaries Index
JORC Resources and Reserves
High Neodymium and Praseodymium content
- Total Measured, Indicated and Inferred Resources now at 21MT(see Note below)
- Total Probable Ore Reserve at 5.15MT; Additional Production Target of ~ 2.5MT to be added mid 2018
- Target Total Reserves of 10MT by early 2019 on 100% owned ground
- DFS only on 100% owned ground; Additonal Reserves from JV tenements in future
- In-ground ratio of Nd-Pr as % of TREO ranges from 34% (0.40%/1.18%) to as high as 57% locally at Simon's Find deposit
Note: Hastings ASX release 22 Nov 2017;
To view the full presentation, please visit:
http://abnnewswire.net/lnk/309G848E
About Hastings Technology Metals Ltd
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