70% of G6M output already sold to European buyers, i dont think anyone there will be to stressed about this Brazilian mine. It's like saying BHP would be worried about Vale mining in Brazil, not on the least.
Tungsten is in high demand just like BHP and Vale with iron ore, there's plenty of buyers for everyone's output. G6M having 70% already signed to deals 12 months before production starts shows thet very well. I would bet the remaining 30% of output will be signed up before they start to produce.
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---|---|---|
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3 | 215685 | 0.027 |
5 | 271510 | 0.025 |
3 | 176300 | 0.024 |
1 | 117000 | 0.023 |
Price($) | Vol. | No. |
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0.032 | 100275 | 1 |
0.033 | 20000 | 1 |
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