RE:RE:Tungsten West, prudent decision over Hemerdon will deliver..As far I as I can tell, Almonty is the "only" Tungsten specific experts in the game of mining and processing this ore.(Molly too, plus more)
They have two operating mines with long established off takers.
Now they have locked in Plansee off takes for Sangdong (15 years) and a proposed further off take for local consumption in South Korea long before the mine comes into production.
Who in this world today can do that ?
NONE AT ALL !
I have seen in the past similar things where a investor/banker/rich guy thinks that it is easy to get a mine online by hiring so called "expert" teams to try to bring a old and non-productive mine to life.
Most have failed due to the fact that the CEO's call and the team had no idea of what they got them selves into, and the team was only in it for the job/money on the short term regardless of them knowing the failures of the CEO's dreams.
For Almonty, there is no competion with the other Western miners, and I hope more come to succeed to promote more reliance to slow the China push to control this market.
These two mines :- Tungsten West and Wres are not worth looking at and remember that Almonty dumped the Woulfram Camp Mine in Australia for the same reason.
Lewis said "transparency".
Lewis said "no news until news is verified"
Lewis said "bi-monthly NR's"
Lewis said ??????
I can only hope that the long, long NR silence means some thing is on the cards that is not yet transparent to us.
It's way over time, so to avoid many emails, just be "transparent" Lewis and and let us know what is going on.
Have we got the civil works under way ?
Are the large mining equipment items on the boat ?
How long will it take to get the new KFC restaurant up and running ? lol.