I took some more today.
Great news flow to come with resource upgrade imminent and then also the DFS due early Q3.
Near term production - with it targeted for end of calendar year.
Very low EV and IMO tungsten a very bullish commodity in the next 2-3years. Have done a lot off research to find decent RvR only RFR and 2 others have taken my interest with the other 2 not quite coming into my buy range. RFR having the early FCF is really the kicker for me.
only a current NPV of 40M but expect that to increase very nicely post DFS. Very low capex hurdle rate.
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Buying the fibonacci retrace with a potential perfect bounce on 8.9/9c.
Weekly into oversold and the daily RSI rangebound.
Will see which way she goes but super low EV for a near term tungsten play and exploration upside on the right commodities.
Sentiment buy reflecting actions today.
SF2TH
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