10 IIF NotesThere was lots of rapid fire info - hard to keep track of everything but this is what I remember:
- Tungsten prices slated to go up as China removes import duties
- Confirmed ther IS a group that is selling. Weirdly this group was not happy with Almonty purchasing Sangdong?
- IMC is investing $100 Mil in an oxide plant in SK
- Pace of downstream approach is accellerating
- Moly discusstions progressing
- Reaffirmed he will not be posting pictures. Spoke of NGOs again. Wants to be discreet
- At Pana they are in to Level IV - EU also interested in the material not just USA
- They have "somethng in mind" for the Moly mine
- Paperwork being done for the next drawdown
- He wants no surprises when the lights are sweitched on at Sangdong
- Phase I (sangdong underground) concludes in September
- They are runnng out of space to store the ore
Don't rely on the accuracy on any of the above. Just trying my best to recount everythng said. . .
whois