EQR 1.89% 5.4¢ eq resources limited

1134 mtu versus 20 tonne, page-8

  1. 23,612 Posts.
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    Without doubt its a poorly worded release as they haven't said what the tonnage shipped is , only the contained tungsten amount. So the 1134 mtu and the 20 tonne can both be describing the same thing. Mtu describes the contained tungsten in the concentrate and 20 tonne is the overall weight of the concentrate. What is missing is the grade , and grade can affect the price if those terms are contained in the contract.

    Still positive news though as they do have a shipment away.


 
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