Hi, I come from China and I am not sure if everybody knows, but Beijing has recently approved a policy that NO MORE foreigner mining tungsten in China. Also, Chinese tungsten resouces can not be exported as well. The rumor is Chinese 2nd big Miner company have interest in RAU's resouces, they already setup agency and offices in Australia. In Oct 07, it also had a recruitment advertisement posted in China for those positions in Australia.
As RAU's recent explored tungsten mine is a world class one (8% of all over the world), it seems Chinese just want to acquire this for country reserve.
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
