Michael you spend a lot of your time commenting on others thoughts. I advise you to only concern yourself with the statements coming out from G6M and comment on them.
"The rest of the holders are clearly educated enough to see thru this attempt. They are happy and quietly hold knowing that this company will be successful tungsten producer and bring returns to shareholders in the not to distant future."
I ran the numbers based on the latest information from the recent investor presentation(to support the current CR) and previous G6M announcements and based on that I don't expect G6M to be profitable in the first year of production. You can respond with "you don't hold, down ramping" or you could give some constructive information suggesting the opposite. I know these sort of comments are not what shareholders want to hear, but that doesn't change the numbers. Yes I could stop posting but as a shareholder in other companies I welcome any and all points of view on the company I am invested in. I know you would prefer to pretend everything is great news. And perhaps my numbers are completely off/full of mistakes so take what I say with the normal caveat of this is not investment advice and DYOR."I'll be contributing to SPP at 14 cents as I'm confident in the future of this company despite the hurdles it has been faced and has now overcome."
IMO when building the Dolphin mine I would be expecting the hurdles you want to see over come are:
Producing concentrate: ZERO MTUS PRODUCED SO FAR
Producing concentrate at a profit: ZERO MTUS PRODUCED SO FAR AT A PROFIT
There is a reason G6M need 35million in further funds. Over coming hurdles (repeated cost blow outs) with increased debt and dilutive CRs does not instil confidence for me.
Michael do you think G6M will need to raise further funds after this $32m?
As to your "
G6M is the highest grade tungsten project in the western world" If you were to compare the two original pit designs of EQR and G6M back in 2021 you would find.
Mt Carbine BFS Pit- [email protected]%
Dolphin BFS Pit- [email protected]%
Yes things at Mt Carbine have changed since due to economics. But the resource reported back then is obviously still in the ground and about to be mined. Given that G6M still needs to raise the deferred capital to build the underground mine I don't see any value in discussing its relevance today. Apart from the fact that all need to be aware that the numbers for the "dolphin project" include the underground mine.
(20min delay)