I find this interesting. There has not been a preliminary...

I find this interesting. There has not been a preliminary webinar prior to recent quarterlies with the quarterlies, while not being the disaster that some have portrayed where far from flattering. May be being overly optimistic but it appears the company wants to do a bit of singing/bragging.

From my perspective, I expect both mines to be production positive. The production costs at MC should be reduced due to the contracting arrangements concluding but will need to see how much "staff" costs increase. Will EQR, the company, be making money? Lets wait and see.
Last quarterly there was a surprise 3.4 million investment on a redesigned environmental barrier which was 30% complete. I hope that is 90% spend with only 10% more spend to actually complete. New investments in both mines should be comparatively small compared to previous quarters.

I can see the tungsten price increasing further. I don't believe China has the capability or the will to flood the market again. There "cheap. low hanging fruit" may be coming to an end and they will want it for themselves giving the current political climate. Hope my optimism is warranted.