HAZ 0.00% 4.0¢ hazelwood resources ltd

Killing silence, page-11

  1. 4,382 Posts.
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    Hey Jaybo...yep hoping for fin. results that show the trajectory they have estimated.

    Compared to other ASX tungsten plays, I still think HAZ is one of the better ones because of their smelter operation.
    There are a number of pure play tungsten miners like Thor (THR) and Vital Metals (VML) and others not worth mentioning, but imo they will struggle to get financing to develop their projects at current Tungsten prices.

    HAZs Mt Mulgine is a quality resource and although still under development and feasibility study I can't help but think HAZ has an advantage in that they own a smelter that can potentially finance and off-take Mt Mulgine.
    Imo there are also production efficiencies to be had here for their smelter because it can be fine tuned to the metallurgy, grades and volumes of Mt Mulgine feedstock...in other words, not at the mercy of the quality, quantity and metallurgy of third party feed stock suppliers.

    Time will tell.
 
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