does it have a future

Well you could be in a worse place. Potential (apparent) financing shortfall for developing Wolfram camp is the only issue holding QOL back imho.

Interesting study released on Tungsten from the vital metals website http://www.vitalmetals.com.au/metal_markets/tungsten.phtml

From page 3 of the executive summary.

" ... the recognition of increasing costs to develop and operate mines outside China, plus the fact that tungsten has a ‘high value in use’ in most applications and substitution is unlikely, result in the conclusion that a continuing escalation in price structures is highly likely. During the next five years, it is forecast that global prices for APT will reach or even exceed US$300/mtu. "
http://www.vitalmetals.com.au/images/vitalmetals-13--ezeed.pdf