Australia's Widgie Nickel rises on Faraday lithium project update

Win Metals

27/09/2023 05:29

** Shares of Widgie Nickel Ltd  WIN.AX  rise as much as
10.5% to A$0.210, on track for their best day since Jan 5, if
gains hold 
    ** The lithium explorer satisfies all the conditions
necessary to begin mining activities at co's Faraday lithium
project in Western Australia 
    ** Co expects an updated mineral resource estimate for
project will result in a materially higher lithium grade
    ** Co shares hit highest level since Sept 19 
    ** WIN stock down 42.4% YTD, as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))