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clock Created with Sketch. 05/05/22
16:56
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Originally posted by BraveNewWorld:
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Have listened to Mr Black’s bullish predictions about Sangdong startup for 2 years now. I understand that banks move slowly but this delay means their capex of $75m will probably not get them to the finishing line given the incredible cost pressures in mining and inflation in general. In reality their capex is going to be $100-150 million. That is my 2 cents worth and I could be wrong.
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If you are keen on tungsten, suggest you do some DD on EQ Resources (EQR) who are current producers and fully funded
(20min delay)