TGN's Mt Mulgune project has the same mine life and about twice as much Tungsten as Watershed.
* watershed has significant potential to increase Tungsten resources.
TGN & VML = same mine life, both projects are located in Australia. Same product.
(Looks like CLQ vs AUZ)
VML all approvals in place + DFS.
Current MC is dirty cheap, considering solid FA should be valued at 50M now + gold is a bonus and looking very good.
Watershed offtakes or MOUs seem a matter of time at current Tungsten price.
(TGN MC 280M with a few non-binding offtakes)
I believe VML could do this too in the near future.
IMO DYOR
Ann: High Grade Gold Results at Bella Tondi, Visible Gold Panned, page-48
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