Thanks, it's good to know that someone has seen some merit in something I've written. Actually I think I should stick to writing and give up investing (or is it gambling?). Yours was a good post. The main theme seemed to be that JOGMEC will encourage Watershed development come what may. That is one point of view, and it may be so, but surely the DFS will have to imply a profitable operation before any Japanese company is prepared to take up JOGMEC'S share, unless of course the Japanese government was prepared to subsidise them to ensure a strategic metal for the nation. I don't know if that happens in Japan, though. Assuming it does have to be a profitable concern (it would have to be for VML anyway), then the tungsten price and exchange rate will be key components of the DFS.
Anyway, I hope all turns out well. Good luck on the character-building front also.
VML Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
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