rgb, you are right. It says in the ramp up into 3rd campaign report that: "More than $6m of tungsten feedstock is presently under contract and in transit to site; negotiations continue on additional tonnages of feedstock to enable continued ramp-up in accordance with management’s projections....."
Later in the ITIA conference reporting in the Engineeering study annpuncement, it was mentioned that " Additional feedstock contracts were negotiated with new and existing suppliers and other feedstock supply opportunities were introduced to the Company......"
All for the positive. Tungstan price is about $45-50/kg. Hence $6m worth of it will keep HAZ busy for awhile! The ATC plant's full capacity is 4000tpa. Let's wait and see the 3rd campaign result. I believe it will surpass all expectation IMO. DYOR.
HAZ Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
