I tried looking for a DFS or even a scoping study for this project could not find any, as at some stage after they mine out the pit floor they are going to need to do a cut back on the pit , and be interested to see the costings on that .
The chairman does not inspire me with confidence , MD seems to be keen though .
ASX listed WLF that had a tungsten mine in Southern England went broke and there was an ASX miner that got the Wolfram camp mine back up and operating that also went broke from memory , Tugnsten seems to be a tough gig which is surprising considering it is just heavy media separation .
Prices around $A500 a MTU for ATP are working in G6ms favour though currently and a 0.9% grade for open cut seems extremely good .
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