With Tungsten in high demand getting an offtake would not be a problem imo.
SEI wants the financial backing to go with it and if they are talking to many financing partners why not announce an MOU with each of the offtake potential partners?
Imo this may speed things up a little and put them under pressure and give the market the much needed boost, just in case SEI did go back to shareholders for a top up.
All metal price's are having a run this week so I'd expect someone will grab the low hanging fruit soon
SEI Price at posting:
1.6¢ Sentiment: None Disclosure: Held