hi pokerface...you said
"remember they have only talked about 200m below surface so far. Capital costs recouped within the first 7 months.....would there be many mining projects anywhere with those sort of economics???
they have actually only drilled to about 110m , and the 7 month payback is based on 20 bucks a pound its about 30 bucks now , and looking strong , and the tungstan was based on about 210 bucks its about 250 now...
there bfs is very conservative...
imho...i think the chinese will see the real value in this and take it aboard , the downside is the directors selling the company to cheap and short changing there shareholders, i think this is highly unlikely..
last few days have seen healthy consolidation .
2 week prediction, page-8
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