Tungsten Is full funding being negotiated, page-3

I'm a little confused with the projects definitions that have appeared. Corrections to my understanding are welcomed

I was under the impression that there are three production projects, and an exploration project.

Tailings re-treatment - attempted and generally has failed, Mits wanting 100%. Plant is sitting idle, has been improved greatly since failure, earning R&D grants from the Govt for technology of processing.

Stockpile, 6m tons with a permit in place to process up to 3mt per annum. Mits wanting 80%. Needs $14M more to get going, Mits stalling endlessly. Are they really desperate for Tungsten - clearly not.

Open Cut mining synonymous with Hard Rock mining; waiting on Permit. Needs additional capital expenditure to pump, drill, blast, process. Mits wants some of it, needs other off-taker(s) who can provide funding. Presumably Jim is closer to this than a year ago, but could be just as far away as ever.

Exploration and JORCing of Peterson's lodes and more. Could be underway now. Waste of current cash reserves unless angling for a buyout, in which case higher resource higher price (presumably).