RE:RE:newsThis is a sleeper. The company has less than 55 million shares on issue, as such i would not think that this is dilution at all. If there were over a billion shares - then i would think otherwise.
Management is more than capable of putting their world class tungsten assets to production. They are waiting for a rise in the underlying commodity price to make their moves.
Tungsten prices are currently on a slow rise back to $30USD/Kg. I would be seriously watching this as the months go by.