RE: Tungsten $318529 Apr 2026 12:13
At this stage of our development, when it comes to valuation, it makes far more sense to be highly conservative, and under no circumstances would an analyst, or a company for that matter, ever use the spot price or anything close to it - if they did no one would take them seriously.
As far as we're concerned, the Zeus guidance demonstrates how, even at a very low commodity price, the project is hugely profitable. Everything thing else is super-thick icing on this delicious cake.