Erratic trading these last few weeks with SP jumping around a...

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mitis

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15/11/21

13:35

Post #: 57583251
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Originally posted by Nodollars: ↑

i doubt that’s the case. IMO management are seeing an opportunity to be a major supplier of tungsten to Western Europe of tungsten/tin and they are looking to step up and fill that void. Tungsten and Tin prices have only been going one way over the last 2 years and it will be much more profitable to expand the resource and become a bigger supplier. China controls 85% of the worlds tungsten supply currently so IMO western nations need to start securing their own supplies or they may be left with nothing.

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Erratic trading these last few weeks with SP jumping around a lot
But the chart above suggests it is looking to move north now if off screen sellers let it

RFR Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Erratic trading these last few weeks with SP jumping around a...

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