Looks like this is why Francis Harper is on the Board. Namely to get project funding for Watershed. 2 year payback looks too good to be true but there is upside if AUD drops and tungsten price continues its climb.
I was considering selling but not now. Hopefully there is a SP re-rating as a result of improved Watershed economics.
Hopefully this announcement will get some airtime and perhaps a broker recommendation or two due to the savaged share price.
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