Pfuzzy
Sorry to see THX down. I just think THX is very expensive that's why I didn't buy.
Anyway, I'll speak to Rob and make my suggestion to him regarding to tungsten. The project has been doing nothing since 2009. I know tungsten price down from US$50/kg to $27/kg, but WLF will be mining 0.15% and still think it is profitable.
Why not get them to look at PEX's 0.61% (much higher grade), low Australian dollar and cost, and potential copper and gold as by-products? I wouldn't settle anything less than $20m for tungsten, besides all share offer we're still indirectly invest in it.
Some future dividends from WLF will help fund our explorations (eg Apollo). This means we will NEVER need to raise any capital.
Just IMHO.
Pfuzzy Sorry to see THX down. I just think THX is very expensive...
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