IMC likes the mine. It has now passed their due diligence.
The mine is of strategic significance given its position in South Korea and as a strategic source of tungsten outside of China.
The rest is just detail, in my opinion.
I'm surprised WOF hasn't risen faster on the news.
With the update to the $400 million NAV ahead incorporating the lower financing costs, and Korean labour costs, and further drilling, and the moly this stock is cheap. Also, gold is near a record which should bode well for the gold mine.