tungsten first 20 ton cash flow fucture growth, page-42

Thanks Banksy,

From the previous article posted:

"It was noteworthy that investors piled into Chinese tungsten stocks listed in Shenzhen and Shanghai after the announcement. They may also have been encouraged by China Minmetals hiking its tungsten price by 2.4 per cent last week to $US20,510 a tonne."

I know this isn't a proper comparison as I'm quite sure it's not the same 'stuff' and that our 'stuff' is more valuable.

This would be equate to roughly $410,000 for our first load.

However, the APT prices are roughly $400 per 10kg of tungsten (or something like that, it's all very confusing). That is about $40,000 per tonne. And with (say) a 20% discount for quality that gives us $32,000 per tonne and equates to roughly $640,000 for our first load.

My figures may be wrong please don't rely on them.