Very interesting video and worth listening too. Jim Morgan told me (when WLF started), he thought the WLF project wouldn't make it as they couldn't get their recoveries high enough and they spent over 200m pounds without doing the ground work. This guy just confirmed it.
Mark said very few other projects will be able to make it at the current tungsten price unless they have strong By Product or waste processing. That's one of the main reasons I invested in the first place. It was a low cost of capital project with by product potential and could be done in stages as opposed to financing a large project (like KIS and TGN).
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- A very interesting video you will be interested in.
A very interesting video you will be interested in., page-6
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