to scottm & michaelhaley
Agree with your comparison to G6M but inclined to go one step further....
I always feel that it is better to try to learn from someone else's mistakes then to learn from your own....
If you look at Wolf Minerals and then Tungsten West they both went into the same project with a big cloud over 1) costs and 2) risks
Wolf's costs were always based on old numbers and they had to much risk around community, environment (including archaelogical digs etc) but Tungsten West piled in again, probably still with many of those unkown costs and risks - so they didnt learn the lesson
My concern with G6M is that they could be positioning themselves for the same mistakes - they have additional costs specifically related to location and environment that EQR categorically do NOT have. As for risks, well I would hate to see the G6M risk register (if they have even done one properly) and yet EQR are virtually de-risked on all fronts.
I agree with scottm that we do need tungsten production success stories in Australia and globally - I hope I'm wrong for the sake of G6M shareholders but I think G6M will have some serious, serious, serious challenges.
We all need to go into these things with eyes wide open and not repeat other peoples mistakes
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to scottm & michaelhaleyAgree with your comparison to G6M but...
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Last
3.3¢ |
Change
-0.003(7.04%) |
Mkt cap ! $93.78M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.2¢ | $163.2K | 4.779M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 29276 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.4¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 29276 | 0.033 |
7 | 560550 | 0.032 |
3 | 628970 | 0.031 |
6 | 1050000 | 0.030 |
3 | 1355561 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 825695 | 6 |
0.037 | 295614 | 1 |
0.038 | 2956827 | 7 |
0.039 | 1652001 | 5 |
0.040 | 300000 | 1 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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