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A comparison between EQR and G6M, page-166

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    Or you can take it a few other ways.


    “So even though G6M mined barely 1/5 the ore of EQR” it cost them 4/5 of the cost to process it.


    “made almost HALF the revenue” of EQR but paid nearly half in interest costs


    “Even though their grade is 3.5x they still produced 1/5 of the output”

    "even though G6M made 1/5 of the output G6M lost 5x what EQR lost."


    "They might be suffering financially ATM, but if they can pull it together by my reckoning they will hit profit much faster than EQR"

    What do you mean by pull it together?



    G6M is still planning to go under ground next year, build a renewable energy plant, add downstream processing and drill out king island. Luckily none of that will cost much.

 
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