TUNGSTEN VS KIS, page-24

80-90 cents is a given IMO.

My upside forecast is $1 in the VERY near term, heading toward $1.50-$1.60 but that is on the run of the very strong narrative playing out here.

Most of the world's Tungsten is currently coming from China. Tungsten is essential for military applications (aircraft components, ballistics, ammunition etc).

KIS holds one of the largest (and highest grade) tungsten deposits on the planet.

KIS will be critical for supplying tungsten to the western world.

China stops supplying tungsten to the western world. Whoops! The what happens to KIS? We have customers lining up at our door. In fact, we already have customers lining up because we now learnt our lessons last year about how China's influence on global supply chains.

KIS entirely personifies Australia's ability to get some runs back on the scoreboard for the good guys.

Don't underestimate the narrative playing out here.