Tungsten is very much the "metal of the moment" and there have been substantial price increases in other ASX companies with Tungsten projects. SEI stands out because it has a JORC R&R and a FS (8/2012) which has been gathering dust on the top shelf up until now. The period of low WO3 (Or APT) prices appears to have passed and the current US$320/mtu price makes SEI's Mt Carbine Project a very attractive proposition. SEI has been a bit of a SLEEPER but I suspect that this is all about to change now as the market wakes up to the substantial value hidden in SEI. Soon I hope.
Please DYOR
SEI Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held