Not a one trick pony20 Mar 2026 08:23
Market chaos and global meltdown is hard to watch.
What a crazy sad world we live in currently. I’m glad that at least we’re not a one trick pony and in this extraordinary era or war , debt and lack of precious metal strikes globally etc , that we as a.company, aren’t a one trick pony!
I’m hoping that our illustrious leader has other aces in his bag that he’s working on like what else is in our armoury. Tungsten for example. Don’t we have a tungsten source to sell as extra leverage …
Let’s see how we manoeuvre through these difficult times and come out well positioned. I have faith !
Here’s a snippet from press coverage this morning on tungsten :
‘THE price of tungsten is surging as the crisis in the Middle East fuels demand for missiles, shells and other munitions.
Analysts said the critical mineral had recorded a “stunning” 500pc rally in the past year after China imposed export restrictions and the US-Iran war squeezed global supplies.
The “war metal” is widely used in defence because of its tough, dense nature and 3,422C melting point, which makes it ideal for high-temperature applications. It goes into everything from hypersonic missile nose cones to armour-piercing bullets, bunker-busting bombs and “airburst” counter-drone shells.
Since the end of January alone, when American forces first began massing in the Middle East, the price of tungsten has jumped from $1,225 per tonne to $2,165 per tonne on the spot market.
Analysts said the tungsten price rally started last February when China – which produces more than 80pc of the world’s supplies – slapped export restrictions on the metal. Demand has then surged further as the crisis in the Middle East led to the US, Israel and countries in the Gulf firing thousands of interceptors and shells to hit missiles and drones launched by Iran.
The air defence blitz has left America and its allies scrambling to replenish munition stocks, which are now reportedly running low.’
GLA! There will be light for the SP in due course. The entire global economy is in meltdown. Not just is ! But we have more aces up our sleeve I think !
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