Key Points I think it's expecially important to keep in mind that the estimates used have consistently been conservative. There are a lot of numbers being thrown around right now, and that's great. The better an idea we have of what the future hold, the better we can prepare for it. And the more we know about th present, the more we can infer about the future.
Here's what I think is most important to keep in mind. Any additions would be greatly appreciated, since more minds working together are likely to come up with better answers (but only if we don't silence dissenting voices; dissenters, that means you have to be polite and respectful, so we can all take you seriously):
1. It is vitrually unthinkable that tungsten prices will fall below (or even near) breakeven. We are going to make at least some profit, so long as we get an offtaker
2. Due to market conditions, it's virtually unthinkable that we wouldn't get an offtaker. A worst case scenario is a delay caused by IMC, although there is no reason IMC should want to delay.
3. Due to the positive BFS results, IMC has no reason not to go through with the deal. In fact, they very much need this deal.
4. Even with conservative estimates, projected profits mean this company is terribly undervalued. We all have different opinions on how much, but all estimates look great.
So the stock price is down. That means the company is even more undervalued than it was a month ago. We all bought it because we thought it was undervalued, and that hasn't changed yet. Being stressed about the price is irrational, unless there is a material change that changes the points above. So far, I haven't noticed any such change, although I continue looking.