Don't know what is wrong with this one. The share price has gone...

Don't know what is wrong with this one. The share price has gone nowhere.

It seems the longer the project is delayed, the more capex will incur.

A few things this company can do:

1. Start drilling out the rest of anomalies to upgrade the resources basis for moly/tungsten;

2. Do a bulk sample metallurgical test to generate a concentrate specification to settle the off-take agreement;

3. Buy out the 15% interests from the partner by issuing new shares. ATM the partner will enjoy 15% of the benefit without spending a cent

4. The copper project might be a long shot. Do nothing on it.