At the crux of it, this is what drives me on the G6 story and...

At the crux of it, this is what drives me on the G6 story and 12/18 month timeline to production.

In the new world Resource wars, this is one hell of a bargaining chip!....

SP lows hit following recent CR, Fully funded, world class resource....and cheap per pound/...and SP is near ground zero given its history.

Exciting year ahead leading into production, happy chap.

But the advantage King Island tungsten has, according to Mr Jacobs, is that the project should be able to produce the material at about $US100 ($135) per metric tonne, versus China’s $US220 production cost.

“They can obviously undercut us, but they’ll be losing money and any sensible person would only bleed to an extent they can weather it and of course they get government subsidies.

“Those two issues really played against us getting conventional debt. [But] the shareholders came to the party with very commercial terms.”