re: Ann: 72% Increase Measured and Indicated ... nice report by Hartleys just out, I dont think much of Big hill as a resource but the ferrotungsten mill seems a nice way to vertically integrate with great cash flow. The CAPEX of US24.5.5 M for the plant seems low for a NPAT of $US32M per annum from 2012
have to agree the selling is due to a potential placemnt unless they can j/v Big hill.
