ASX: KIS
Market Capitalisation $ 5.0m
Shares on Issue 96.5m
52 Week High $ 0.126
52 Week Low $ 0.052
Share Price (28/05/2013) $ 0.052
King Island Scheelite Limited (KIS)
The Dolphin Project on King Island, Tasmania could meet a significant proportion of the world's tungsten requirements. Producing some 3,500 tonnes of tungsten trioxide (WO3) per annum in an industry standard 65% tungsten concentrate.
Tungsten price
Metal Pages APT USD36,000-37,500/ tonne (28/05/2013)
Directors
Johann Jacobs Chairman
Robin Morritt Director
Chris Ellis Director
Simon Bird Director
Contact
Simon Bird
Chief Executive Officer
King Island Scheelite Limited ABN 40 004 681 734Level 26, 259 George Street
Sydney NSW 2000
GPO Box 5154
Sydney NSW 2001
P. +61 2 8622 1400
F. +61 2 8622 1401
www.kingislandscheelite.com.au
HIGHLIGHTS Following the recent announcement on the completion of a value engineering review King Island Scheelite Limited is pleased to announce a capital raising to progress plans for reopening the tungsten mine on King Island. Key elements of this capital raising: