Westwater Resources Announces Optimized Business Plan for Graphite Battery Materials Opportunity and Appoints Vice President of Marketing
Westwater Resources, Inc. (WWR)
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westwaterresources.net
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Source: GlobeNewswire
CENTENNIAL, Colo., March 01, 2018 (GLOBE NEWSWIRE) -- Westwater Resources, Inc. (Nasdaq:WWR) (“WWR” or “Westwater”) is pleased to announce the completion of an initial optimization study of Alabama Graphite Corp.’s Coosa Graphite Project and the development of an enhanced business plan for its advancement. WWR is in the process of acquiring Alabama Graphite Corp. (“AGC”), with the transaction expected to close during Q2 2018. WWR’s process of optimization is centered on both improvements to the economics and project risk reduction. This study has further de-risked the project, as well as improved the economics of the project over the near term. Results of the study include: Economic Improvements to the Coosa Project compared to AGC’s 2015 Preliminary Economic Assessment: Reduced initial capital expenditures by almost one-third to $30.0 million from $43.4 million.Increased the net present value (discounted at 8%) to $490 million from $444 million.Advanced revenues to 2020 from
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News
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Westwater Resources, Inc. (NASDAQ: WWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
WWR
Sec Filings
- 4/5/24 - Form DEF
- 3/26/24 - Form PRE
- 3/19/24 - Form 10-K
- WWR's page on the SEC website