G6M 0.00% 2.5¢ group 6 metals limited

Key take away is the sourcing of another $7m in loans from the...

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  1. 946 Posts.
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    Key take away is the sourcing of another $7m in loans from the big backers. Not the $19m they were chasing but a decent chunk. 1 year loan, no mention of interest rate.

    15,000t for August. If we assume grade of .5% and a recovery of 70% for the month it would result in around 5000MTUs of contained tungsten in concentrate. Given zero information as to production rates/recoveries/shipment sizes this is pure speculation. We are now half way through September and still only two shipments have been made so I think it is likely that they are falling well short of 5000MTUs produced in August.
 
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