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Greentech Technology International Limited ( (HK:0195) ) has provided an update.
Greentech Technology International Limited has announced an update to the Ore Reserve estimate for the Renison Tin Operations, reflecting an 8.6% decrease in total reserve ore tonnes and an 8.5% decrease in reserve contained tin over the past year. Despite these reductions, the Renison mine has a projected life of approximately 9 years, with expectations to convert 25% of inferred material to reserves over the life of the mine, potentially extending its operational longevity.
More about Greentech Technology International Limited
Greentech Technology International Limited is a company incorporated in the Cayman Islands, operating in the mining industry with a focus on tin production. The company holds a 50% equity interest in the Renison Tin Operations through its subsidiary YT Parksong Australia Holding Pty Limited, with the remaining stake held by Metals X Limited.
Technical Sentiment Signal: Sell
Current Market Cap: HK$382.5M
For an in-depth examination of 0195 stock, go to TipRanks’ Overview page.