G6M 11.5% 2.9¢ group 6 metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-21

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    G6M must be very close to an announcement regarding capital raising or worse IMO. $1.2m in cash at 31st of march. They had negative cash flow of about $5m per month last quarter from operations. They also owe $3m in loans this quarter and owe $25m next quarter. Not looking good.

    The APT price is just starting to move. There is an investor update thread over on EQR where one of the board members from Europe comments on the tungsten market (starts around the 15 minute mark) if anyone is interested.
 
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