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An announcement from Titanium Sands Ltd. ( (AU:TSL) ) is now available.
Titanium Sands Ltd. has experienced delays in the renewal process of its Orion Exploration Licences but has received verbal confirmation from the Geological Survey and Mines Bureau (GSMB) in Sri Lanka that these licences have been approved, pending formal confirmation. The company attributes these delays to changes in the Sri Lankan government and internal processing issues unrelated to its operations. Despite challenges, TSL is optimistic about advancing its Mannar Island Project, especially with the recent governmental changes potentially bringing positive developments.
More about Titanium Sands Ltd.
Titanium Sands Ltd. is a company involved in the exploration and development of mineral sands projects. Its primary focus is the Mannar Island Project in Sri Lanka, where it aims to exploit high-grade mineral sands deposits.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $5.54M
For an in-depth examination of TSL stock, go to TipRanks’ Stock Analysis page.
