re: Ann: Change of Director's Interest No... Amok,Thank you very...

re: Ann: Change of Director's Interest No... Amok,

Thank you very much for your post I think this sums up Mitsubishi’s slow methodical process. But I can’t see Mitsubishi walking away.

Clearly the disappointing tailing plant funding plan lost momentum. The new board and CEO recognized this and have focused on a Mitsubishi for funding the project.

Mitsubishi are working closely with a small cap and to my knowledge is unprecedented.

Extract from the Mitsubishi website.
http://www.mitsubishicorp.com/jp/en/bg/metals/dmri_a.html

Quote
In Mineral Resources Investment Div.A, we are engaged in the business field of investment in resource development to ensure stable supply of raw materials and fuels such as coal (coking coal and thermal coal), iron ore and uranium to our customers throughout the world, which include steel mills and electric power companies.
Unquote.
It seems we are close to adding Tungsten to this list.

I agree with your comment:-
“Give it time and give them some kudos for even getting an interested Japanese partner onboard in this current climate.”

Please DYOR.

P.S. Tried to give you thumbs up.