RE: westh19 Mar 2019 13:54
It’s becoming quite terse now troa, the problem is reading through what’s in minds of some of these experts when they speak.. for example the chap talking a population numbers, I mean these are known and not related to cycles. Yet, clearly the recent upcycle is currently floundering.. what will happen.. will wres gold be the check that carries us through.. will the much predicted shortage of tungsten see the price rise in stormy global markets? Finding good honest information and solid data is a pig.. if Masterman is right about this product and it’s positioning then all should in theory be good in the medium/ longer term.. in reality we won’t have sensible internal or external data to make competent judgments for many months.. if Chinese Tungsten mines/resources are truly close to shrinking then we simply need to sit tight.. the facts are that we are sitting on a globally huge tungsten resource at our mines (perhaps close to 6% for a fifteen year period) it seems to me and and always has seems a compelling business investment case.
N