KIS is now strategically important to the US military, page-106

Geopolitical relations between the United States and China have never been so dire. King Island Scheelite is the type of play that you hold for exposure to worsening relations as we seem on the precipice of a blue swan event in geopolitical relations.

In the past, China hasn't shied from prohibiting the issue of export licenses for critical minerals to Western nations in a tit for tat gambit (eg. Relating to Western posturing on Hong Kong). Ensuring supply networks is of critical importance to all Western economies.

The interim Tungsten price while great is irrelevant to the larger geopolitical picture. Western economies will make the price work regardless because they cannot depend on China and will not permit China to retain leverage over them through blocking export licenses. For this reason, countries try to accumulate a strategic stockpiles of critical minerals to support their manufacturing industry.

I know some shareholders are concerned with the flux in share price as options are exercised and dumped but soon enough we'll have news on the funding and make new highs. Just some patience is required. Apart from all the uses that are already known, there is also on-going research on the use of Tungsten in battery technologies that many shareholders might not know of.