first shipment of wolframite to china, page-16

Jooooles , agree totally the lack of opperational information does not assist a proper analysis.Looking at the situation now there are not too many options .Either shareholders tip in again at say 2 cents or a White Knight steps in -perhaps one of major equity holders - that is if they want it .I mean shareholders will have little room to bargain if it were put to them that this person will save the sitation if they get these very favorable terms & significant equity .over a barrel so to speak - which might be the only option to loosing the lot .I think the first shipment that went off may have gone for testing to see if there was anything of real value in the concentrate eg like Rhodium or the like - the company didn't say anything about this so who knows & personally metallurgy is certainly not my expertise .At this point it's difficult (like the last time was) personally I wouldn't put in again , beter to just cut the losses even if the ship will go under