RE: RNS21 Oct 2020 08:03
Michael Masterman, Chairman of W Resources, commented: "Noting the plant improvements achieved in Q3, we are extremely encouraged by the September performance, which is a strong indicator for plant performance and production in Q4. The works are proving successful, production is increasing and the superior quality of tungsten has been commended by one of our largest customers.
"With the improvements achieved in the quarter and the great support BlackRock continues to provide the Company, following the recently increased debt facility, we remain focussed on increasing production month on month, in order to start 2021 in a stronger position as we work towards achieving our T2 target production."