re: mini bsg? Rosco, havent got any info on analysis of Co by anyone
If you have info I would be interested
Had a closer look this w/e and found out that the price of tungsten and moly has risen significantly over the last couple of years. Tungsten used to trade around US$60/MTU and has been over US $200/MTU in the last year
Given that the profitability of these types of projects are tied directly to the underlying metals price, this would make the Wolfram Camp project a better proposition given that the numbers were crunched on a much lower price. Given that demmand from China doesnt seem to be going away, and given that Tungsten and Moly are used in the steel hardening process it looks to me that this may be the right project at the right time
I have only to think of CSM and what their chromite operations have done to their s/p given that chromite is used in the steel making process . Perhaps QOL could become a profitable player in a niche market
When is the BFS coming out?
Will have to think further on it
QOL
queensland ores limited
