SEI 0.00% 2.9¢ speciality metals international limited

Tungsten price is up again. From $322-$330 to $325-$334. The...

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    Tungsten price is up again. From $322-$330 to $325-$334.

    The Lithium will be the cream on top. The tungsten project is the main potential.

    The quarry deal is the next important piece as it gives access to ready cashflow, head lease and removes the royalty payment (which is significant over a number of years).

    Commentary over "spilt milk" just ends up in a verbal argument. Concentrate on the opportunity.

    It's also important to say. This is a higher risk investment and it always has been. Things don't go according to plan on many fronts. There are many things that management can't control, so blaming them suggests lack of understanding what they are doing.

    In the 10 years I've invested there have only been 3 tungsten mines open anywhere in the world and one (WLF) is holding on only from extra debt funding.

    If this does become operational. It will provide many bags. If not, well, that's part of high risk investing. BUT we are getting closer and I'd still rather be sitting in SEI then any other tungsten play because it has been a proven commercial mine.
 
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