Plonka ...I have posted my thoughts on this question previously but since you asked a specific question, I will reiterate
EQR is going UP and G6M is going DOWN
It is just way too clear cut an argument - the risks are extremely high on the G6M side whilst EQR have eliminated virtually all their controllable risks and are converting rock to cash in record breaking ramp up efforts
Literally millions of $ going into their bank account every month now and nothing to impede ramp-up
G6M have the grades on paper but struggling to achieve on the back side of their gravity processing
With costs seemingly out of control, they are showing all the hallmarks of following in the footsteps of Wolf
A difficult project, a difficult location, ore not lending itself to xray ore sorter technology (a game changer all on its own) - not a good recipe for success
A damn shame quite frankly because another successful Australian tungsten mine would be great for Australia delivering into the much needed Critical Minerals Strategy
I hope I am wrong but thats my call - and I DO sincerely hope that G6M minority shareholders consider all these posts as trying to give them a heads up, look at the risks, see if the BOD and Mgt have demonstrated the capacity to manage costs, risks etc, and also consider if a 5.5 year payback fits into their investment strategy
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Plonka ...I have posted my thoughts on this question previously...
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $93.69M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $13.51K | 393.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29706 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29706 | 0.034 |
9 | 1480585 | 0.033 |
4 | 333750 | 0.032 |
2 | 508000 | 0.031 |
6 | 836699 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 150000 | 1 |
0.037 | 76315 | 2 |
0.038 | 475640 | 3 |
0.039 | 1110000 | 3 |
0.040 | 445847 | 1 |
Last trade - 15.17pm 20/06/2025 (20 minute delay) ? |
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EQR (ASX) Chart |