The volume is the key. Considering the low mc, low liquidity and the significant newsflow to come (albeit a tad late) the sp could spike significantly. Tungsten's use is now considered critical in the western way of life and to maintain it. Europe and USE consider it on the most critical list of elements. China holds a dominant position, like vanadium, in the sourcing of Tungsten. The prices have increased and maintained and considering the geopolitical issues with China and the USA and economic and military war on the table, short term producers (6-12 months) will be heavily favoured in the market.
SEI Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held