VVS, many years of watching these operations .One gets a sense...

VVS, many years of watching these operations .One gets a sense of the genuine-ness of management .Do they sacrifice shareholder interest in order to preserve their own interest .This is an important sign because if market conditions worsen , they can't to back to the shareholders because they burnt them .The knifing of the option was a case in point here .If you look at Fox Resources they ceased mining because base metal prices collapsed & now are an exploration company(again)What-the ' but it can happen .QOL should be OK while the Tungsten price holds up , but the cash -burn rate should be monitored closely .Any fall below $5 million , might signify the need to preserve capital .Important here to watch when payment comes in for the concentrate .Will there be a big delay in payment .What short-term financing is in place , do they have an overdraft facility .It's just that they NEVER have had sucess in arranging financing .Good luck guys DYOR