Shaw River – Namibian Manganese Project Expected to Generate Strong Cashflows

Mineweb reported on a recent scoping study by Shaw River Resources (ASX:SRR).

The editorial is quoted as saying:

A key conclusion of the Scoping Study (drawn from the extensive due-diligence information gathered by the Shaw River team during and after the acquisition process) was that the Otjo Project has the potential to generate strong operating cashflows from an initial 250,000tpa operation commencing in 2012, targeting 500,000tpa within four years.

To read the full editorial, click here.