Tungsten plays seem to be difficult affairs ( eg QOL a total disaster ) with mining reality much harder than feasibility studies suggest.
Despite improving tungsten prices, currency movements, and the large amount of money and time spent here on improving 'processes' and the decimation of shareholders funs managment are looking to sell still.
This suggests to me there must be problems in processing the ore of a variable nature which makes the economics at best 'uncertain' going forward.
However this could be one of the better 'recovery' stocks, going forward, on the market if they get on top of things.
Blastoff
HSK Price at posting:
27.0¢ Sentiment: None Disclosure: Not Held