good article - great to see those guys are still covering the market
The contrast between G6M and EQR is quite outstanding....G6M at 133t versus Mt Carbine 507t (ex Saloro) for the quarter, a factor of circa 4 times.
Also, the ramp up capacity of 2.0ktpy for G6M vs 6.0ktpy for Mt Carbine (ex Saloro) a factor of 3 times
I dont think it would come as a surprise to anyone that G6M would have expenses which are unique to them due to their location - also, their host ore is not amenable to the benefits of TOMRA sorter technology which does not help them keep their processing costs down
G6M do sound like they are getting it together though so hopefully they can keep it up and manage expenses.
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