I'm not concerned about Pilot Mountain as I'm supportive Oliver.
My point is, they aren't anywhere near production to take advantage of the US DOD ban on Chinese tungsten and the likely Chinese reduction of bans from Dec 1.
We already have a significant deal with US users and plenty of discussions occurring behind the scenes. At present, from an industry perspective EQR is seen as being the world leader and ahead of the pack.
In the recent webinar, Kevin indicated they could sell their material 3 times over and the purchase of the Ferrotungsten plant gives them more choices.
EQR Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
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