Excellent news, the mine is going ahead and earthworks are scheduled to start next month. A quality asset too, I could not find a better ASX investment for Tungsten, now classified as a critical metal. It has by far the highest grade ore deposit in Australia at 0.9%, almost three time higher than the next best. (see page 143 of https://www.austrade.gov.au/australian-critical-minerals-prospectus )
This bit from today's ann also highlights its quality ...
"The Dolphin Tungsten Mine is host to the highest grade tungsten deposit of significant size in the Western world, and we look forward to the recommencement of mining from this fantastic asset.”
All IMHO, DYOR
Excellent news, the mine is going ahead and earthworks are...
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