Focus 1 & darryle,
Thank you for your posts.
I am also frustrated.
I believe we have a very very good Tungsten deposit in Mt Carbine with the approval in place for building the process plant.
We have a Tailings off take agreement with Mitsubishi confirmed on the 1 Aug “Mitsubishi reinforces interest in Mt Carbine” and Mitsubishi are prepared to commit $15 Mil to the project. (MOU in place details still TBA)
KEY EVENT.
The Sydney worldwide Tungsten conference has just concluded with a site visit to Mt Carbine with hopefully a group of decision makers.
I have also been watching the share trading of the last few weeks and it seems that the share price is being held down by very small volume trades. (Up to $0.07 then down to $0.06 on very small trades) Considering the mood of shareholders this could be the maneuvering for an opportunistic take over or capital injection.
I will clearly be reflecting my frustration when it comes to voting at the AGM.
But I am confident that management are focused on the big picture which I think announcements are showing. (Not the tailings which is frustrating hot copper but did get CNQ a substantial R & D ATO rebate and is giving CNQ some overhead recovery.)
We really need to close a deal or sell CNQ.
Note Just my comments please DYOR.
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Focus 1 & darryle,Thank you for your posts.I am also frustrated....
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