Lindian Resources Says Malawi Project Accommodation Camp Now Operational; Shares Down 7%

MT Newswires Live
03/23

Lindian Resources (ASX:LIN) said the Tipume accommodation camp at the Kangankunde project in Malawi is now operational, with 65 units completed, according to a Monday filing with the Australian bourse.

Full camp completion is expected by mid-April, the filing said.

The company expects first production to occur in the fourth quarter, per the filing.

Shares fell 7% in morning trade on Monday.

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