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Chilwa Minerals: Multi-commodity project in Malawi with pathway to development
Summary by sharecafe.com.au
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1 Articles
Chilwa Minerals: Multi-commodity project in Malawi with pathway to development
Chilwa Minerals (ASX: CHW) is advancing the Lake Chilwa project in southern Malawi, a multi-commodity resource containing heavy mineral sands, rare earth elements and niobium. Trim Capital has initiated coverage with a valuation of A$1.53 per share based on an EV/resource multiple applied to a 113Mt resource, benchmarked against peer companies. The project is in late-stage exploration, with mineral sands expected to be the initial focus and ke…
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