Highlights
ASX: KIS       KING ISLAND SCHEELITE LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.073   -0.002 (2.67%)  0.071 - 0.077  121,928

Overview

 
Avg Volume (4 weeks):155,646
4 Weeks Range:0.071 - 0.092
4 Weeks Price Volatility (%):
9.52%
52 Weeks Range:0.052 - 0.135
52 Weeks Price Volatility (%):
25.30%
Average Price Target:-

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Business Background

King Island Scheelite Limited is focused on the exploration, development and production of tungsten deposits. The Company is engaged in the development of the King Island scheelite deposit. The Company's Dolphin Project is focused on redeveloping the original scheelite mine on King Island. The King Island Scheelite project is near the town of Grassy, on the south east coast of King Island, an island in Bass Strait. The King Island Scheelite project includes the Dolphin, Bold Head and Tailings deposits. The Company intends to construct a processing plant at the Dolphin Project with annual capacity of approximately 300,000 tons. The mill will produce approximately 3,500 tons of over 65% tungsten concentrate per annum. This product will be shipped to customers in bulka bags inside conventional shipping containers. King Island is positioned mid-way between Victoria and Tasmania. The Dolphin Project Exploration area includes South Bold Head, Bold Head Mine, South Dolphin and West Dolphin.

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