Update: Great Western Minerals Reports Strong Q2 Earnings
- Great Western Minerals reported a 31% increase in sales for its Less Common Metals (LCM) unit: losses declined.
- The company released a robust feasibility study for its Steenkampskraal Project.
- While I didn't anticipate such strong figures from LCM, these figures show the strength in the company's downstream operation make the potential synergies with the upstream operation stronger.
- I remain convinced that this is a good speculative stock for rare earth element investors.