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Tungsten West (LSE:TUN) Construction In Progress : £16.47 Mil (As of Sep. 2023)


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What is Tungsten West Construction In Progress?

Tungsten West's quarterly construction in progress increased from Sep. 2022 (£9.39 Mil) to Mar. 2023 (£13.72 Mil) and increased from Mar. 2023 (£13.72 Mil) to Sep. 2023 (£16.47 Mil).

Tungsten West's annual construction in progress increased from Mar. 2021 (£0.00 Mil) to Mar. 2022 (£3.91 Mil) and increased from Mar. 2022 (£3.91 Mil) to Mar. 2023 (£13.72 Mil).


Tungsten West Construction In Progress Historical Data

The historical data trend for Tungsten West's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tungsten West Construction In Progress Chart

Tungsten West Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Construction In Progress
- - 3.91 13.72

Tungsten West Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Construction In Progress Get a 7-Day Free Trial 0.36 3.91 9.39 13.72 16.47

Tungsten West Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Tungsten West (LSE:TUN) Business Description

Traded in Other Exchanges
Address
Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS
Tungsten West PLC owns and operates historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon, England. It has a compliant Mineral Resource of approximately 325Mt at 0.12 per cent. WO3. The company's main country of operation is the United Kingdom.

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