Interesting update from vml, which should be good for cnq regarding costs and currency moves. A little optimistic regarding tungsten price. Cnq at $1 currency and tungsten price of $290 gives irr of 60% and payback of 1.5 years. While they have jogmec, jogmec have said they will try and get some else to take the stake. At point I'm very happy to stick with cnq.
CNQ Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
