Here is what I expect in the next 12 months.
CNQ to be in production early next year
CNQ to have another 1 or 2 interested parties for offtake and development
VML to have more exploration results which show better project/s
Both CNQ and VML to share expertise with common interests and parties.
I have a holding in both and not ashamed to admit I feel both will develop a lot further from current positions. Both companies are in development stage although at different levels.
AS for the hub idea, it is something which may or not happen, but at least it is good to be aware of variables and contingencies. I like the concept, but understand that some do not see merit in it. CNQ do not need VML and vice versa, as both have stand alone projects, but from a scale of economies point of view, joint cooperation would be somewhere in the Japanese ideology. The important thing to be aware of is that both companies are in an area growing as a large tungsten producing region, and there is always merit it cooperation. We see it so much these days in milk, wine and other regions...why not tungsten?
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