Western Areas NL:Update
Western Areas NL (TSX:WSA)(ASX:WSA) reported an expected significant increase in earnings for the 6 months ended 31 December 2009 interim result when compared to the previous corresponding period. This is in accordance with ASX Listing Rule 3.1 (Continuous Disclosure).
The press release is quoted as saying:
The December 2009 Interim earnings result has increased due to increased nickel sales, a higher average nickel price per pound received for sales and infrastructure access fees received by the Company as part of the Lounge Lizard access agreement.