Here is some clarification recently published in the King Island Courier.
“Group 6 Metals has made this decision based on the following key points:
• Connecting to the King Island electrical grid would result in the mine receiving a small percentage of the current renewable energy capacity available on King Island, with most of the power being generated by diesel generators at the Currie Power Station.
• The transmission upgrade costs to provide the permanent demand to the mine site have significantly escalated making it an uneconomic solution for the mine.
• Reliability and operational flexibility requirements of the process plant to maintain steady state production are better achieved with a dedicated, off-grid power station.
“The company has commenced work on a longer-term permanent power solution for the site, whereby a significant proportion will be sourced from renewable generation resulting in lower emissions and power costs.”
- Forums
- ASX - By Stock
- G6M
- Ann: Dolphin Tungsten MIne Development Update
Ann: Dolphin Tungsten MIne Development Update, page-16
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add G6M (ASX) to my watchlist
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.10M |
Open | High | Low | Value | Volume |
2.7¢ | 2.9¢ | 2.7¢ | $14.81K | 538.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 115695 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 161616 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 115695 | 0.027 |
1 | 100000 | 0.025 |
4 | 226384 | 0.024 |
5 | 744193 | 0.022 |
2 | 357142 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 161616 | 3 |
0.030 | 118491 | 4 |
0.031 | 250000 | 1 |
0.034 | 80000 | 1 |
0.035 | 136345 | 3 |
Last trade - 15.58pm 27/06/2024 (20 minute delay) ? |
Featured News
G6M (ASX) Chart |