cannot believe these guys. Wolfram Camp costs more than twice as much to run as the current tungsten price if you look at the Almonty financials. Loss maker teams up with another loss maker.
Give away the tungsten projects the shareholders paid for and buy a certain loss maker. It would have cost millions less if they had kept their ground in WA.
Why give away their tungsten projects for next to nothing?
It smells. Someone's hand is in the biscuit barrel.
News: ATA Almonty Industries says signed binding heads of agreement to sell Wolfram Camp mine, page-4
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