RFR 0.00% 3.7¢ rafaella resources ltd.

Good presentation, funding for tungsten project may be mainly...

  1. 721 Posts.
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    Good presentation, funding for tungsten project may be mainly debt which makes sense at the current share price. Amount needed very small in comparison to other projects. My guess is around 10 million only. Potentially new offtake partner just around the corner, feasibility study out soon, 9 months to commission from go ahead. Revenue should be coming in at the end of next year. Very excited about new high grade nickel asset, drill ready once targets are defined. Could be an exciting 2021 with nickel drilling and tungsten project plant build and revenue. Once the tunsten project is funded i expect a market in excess of 50 million, lots of upside from here.
 
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