G6M
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0.00% 2.8¢ group 6 metals limited

Ann: First Shipment of Tungsten Concentrate Dispatched from DTM, page-12

  1. plonka
    934 Posts.
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    20/07/23
    08:32
    Post #: 68878927
    13 tonnes at 69% is 8.97t contained tungsten or 897 mtu. If this is worth 300k as stated it works out to $334.5 p/mtu contained. This is well below what was in the presentation from the 14th of June of $392. ~15% less. Given that the grade was 69% not 63% I would have expected the price to outperform not underperform.

    Does anyone know why?
    G6M Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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2.8¢ 2.8¢ 2.8¢ $1.377K 49.17K

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