Home » Apollo Minerals (AON) » Apollo Minerals $AON – Reopening the World’s Highest Grade Tungsten Mine, With Gold Upside

Apollo Minerals $AON – Reopening the World’s Highest Grade Tungsten Mine, With Gold Upside

Capital Network Research note – May 14th 2018

Apollo Minerals Limited (ASX:AON) is an Australian Securities Exchange listed tungsten-gold company with projects in the Pyrenees region of Southern Europe. In May 2016 the company was restructured with new management and capital that enabled it to acquire an 80% interest in the Couflens Project (July 2017) in southern France and a 75% interest in the Aurenere Project (April 2018) in northern Spain.

The key metals sought are tungsten and gold….

Tungsten prices are increasing, up 54% in the last 12 months….

Management has an enviable track record in project development….

Valuation: Based on historical production figures, remaining resources, updated capital and operating costs….

Link to view the full research note: Apollo Minerals Limited – Reopening the world’s highest grade tungsten mine


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