is wolfram profitable the answer is no, page-34

"The figures show that they are producing a positive cash flow"

and thats what we need to know. Just as capex is sunk so are (debatable) poor decisions in the past.

"There was no bankable feasibiltiy study ever done on Wolfram, so we don't know how they concluded that this was ever a smart decession to be made."

So why did you buy the stock?? How did you conclude it was worth buying?

"Why do you think they raisd 12 million? When only a few million was required to finish the plant. These are serious questions."

Well they said to pay off remaining capex and for opex until cashflows from concentrates start flowing. They produce this month but that doesn't mean they have cash this month. In addition they are presumably wanting to drill to expand the resource/mine life and drill etc. down at the copper/gold project.