Ann: Strong BFS Update Delivers 47% Increase In NPV, page-27

Plonka

Further to your post. Australia and US have signed a critical mineral agreement. The AFR has written an article about the agreement and critical metals. As per normal it's mainly about lithium and rare earths. Tungsten is mentioned in a graph as being 86% Chinese but no other mention.

We love being highly regarded in the world and being leading producers of anything. At the moment we rank highly on lithium and rare earth. Whereas we supply little tungsten (not in top 10), only from EQR waste dumps. Therefore, the media has little interest in tungsten. When the production starts over the next couple of months from us and G6M, Australia will quickly move into to the top 5 producers and maybe even top 3 by year end. Next year we will be top 2.

At that point our media will know what tungsten is as they will love being a top world producer. And we will love the cashflow.

The combination of growing defence demand and the launch of the Nyobolt/Callum car should get the EV attention and maybe push the tungsten price higher.

The bots are still playing in the stock, but at these levels it's still Christmas.