Ann: 64% Increase of Mt Carbine Indicated Resources (In-Situ), page-66

I personally don't think either G6M or EQR will be paying a dividend anytime soon.


EQR perhaps if the tungsten price triples and they have too much money they can't spend it fast enough. I see so much internal growth potential at Mt Carbine and the surrounding areas that they will have so many competing prospects for their income that I don't expect a dividend will be occurring for many years. I wouldn't complain if they paid one though that's for sure.

G6M will not have any spare cash anytime soon even if they meet their goals. They have $50m+ of capex to obtain before the phase 2 can kick off. And they have $50m+ of debt to pay off.