tungsten, page-5

re: tungsten/moly payback in 7 months Plough

Estimated capex from Wolfram Camp is a measly 8.5M USD.

I imagine most of this will come from share capital....

Just have a look at the operating cash flows - USD14 million per annum.

How is that for quick pay back (7 months)....even though it might extend a few months at lower moly prices.

And the separate copper project is similar. Low capex, strong operating cash flows.

Perhaps now you see why my mule reckons the market cap of this company is a joke.

Looking at a 5 bagger, says my mule.