I am thinking more inline with your figures, This stock wasn’t even on my radar till I saw the afr early yesterday morning. Chucked a sickie, read as much as I could on tungsten generally then the feasibility study before market open.
all looked the goods so I got in with a starter parcel at .16 yesterday morning. Ran the old NPV over SOI which from memory was somewhere near 76cents, minus discounting for pre-production uncertainty and am aiming for .50 odd.
will continue to add to my position up to .35 then see what happens
edit: the only reason I posted was to call out blatant ramping, then I got distracted, ha
Cheers, Jeff
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