"Don't know where you guys are based but its been damn fantastic down here in Tassie"
I hope so for all guys and girls down there. Unfortunately, here in KIS, I'm just a punter in the midst of Tasmania. But even Michael Ferguson, Minister for State Growth, is proud to present it: Significant project to boost King Island jobs
http://www.premier.tas.gov.au/site_resources_2015/additional_releases/moodys_affirms_tasmanias_credit_rating/significant_project_to_boost_king_island_jobs
"King Island Scheelite’s Dolphin Tungsten Project has the potential to generate significant investment, create jobs and boost the economy on King Island.
The company estimates the project could create up to 90 full-time equivalent jobs during construction, with around 55 ongoing full-time equivalent jobs on King Island."
From the mouth of the horse >>
which impressed me most, was this one
"While the project is still contingent on a number of other requirements, which the company is progressing, this is an important step in moving it forward. This will allow the company to continue the additional capital-raising necessary to bring it to fruition."
So I am lucky to be here on board since my first buy at 10c in late Nov 2020.
So remember, the mine was closed due to extremely low tungsten prices – not due to a lack of reserves !
"China has long held a monopoly on global tungsten production, controlling around 83 per cent of the world’s supply.
However the reopening of the King Island mine could leave other nations, that are similarly facing trade tensions with China, with a different option."
source: https://amp.news.com.au/finance/business/mining/australias-big-move-to-take-part-of-chinas-monopoly/news-story/289d8d3a3b856967ae0bb13f5f49a0a2
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- Ann: Dolphin Project secures $10M Tasmanian Government Loan
Ann: Dolphin Project secures $10M Tasmanian Government Loan, page-79
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