"Tungsten prices are expected to go up. Overall all looking positive and I don't see any negatives in the tungsten market supply demand situation".
"Aim: Australia's largest tungsten producer. First Australian tungsen mine into production."
What do we have next?
(1) Down to final tests now for processing plant to commence. Good to get into production. Bulk metallurgy test being finalised now.
(2) JORC resources upgrade due out shortly according to the latest brr presentation 27 September, by Dr. John Bishop.
(3) Knowledge of what is in the tungsten dumps is about to be known and is about 5 weeks away. "Significant 18 million tonnes of dumps"
(4) Hard rock includes several kilomotres of exploration zone
That's why MLX bought in and now own 4.9% of Icon Resources. Good to know the big boys are happy with this stock.
Nice small market cap also.
Undervalued stock looking to go into production shortly.
Newminer.
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