(Source: World Titanium Resources Limited) 2c351a90-dee7-42cb-b558-cecd09289fe3.pdf ASX Release 30 October 2015 Quarterly Report - Period Ending 30 September 2015 HIGHLIGHTS Negotiations with the Madagascar Government are underway on the Large Mining Investment Act (LGIM) for the Ranobe project to stabilise taxes and provide financial incentives. A final capital estimate for the Ranobe project reported US$175m and included US$23m in contingency (15% of capital) but excluded the 20% VAT which is refundable and working capital. Based on the current low ilmenite price, your company will continue to investigate other mining options. Scoping study underway to assess the capital and operating...
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