Ancient history in that article I should say. BB fled and I'm not seeing any indication of them making 1000 tonnes this year or being breakeven. Note reference to "scarce working capital". Old management couldn't fund and new mob don't seem to be able to. I can't see them making 1000 tonnes or being anywhere near brEakeven this year. Not even the decency to give an update on the market or production.
Why? That shouldn't be a surprise. Like all of these novice ASX companies in the rare earths space they don't want anyone to know the commodity price.
Apt looks like about $300 per whatever unit on metal pages. Rubbish from a number of companies about it being $400. Don't even think about the Ferrotungsten price. It's about $30/kg. I think Hazelwood raised it "scarce" capital when the price was $48/kg.
HAZ Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held