and while I'm at it.
I have block Rob1000 which is good as I can't see his BS. Now that he has shown part of his hand in investing in G6M.
A couple of things.
He bagged EQR management for a debt facility that had 5%.
He might want to check G6M current debt list. Pure is charging 12-14%. Even the largest shareholders & directors are charging 12-14% for their loans.
G6 are finally admitting they have processing plant and recovery issues. The fantastic lab results they promoted are hard to replicate in real life as I mentioned on their feed a year or more ago. Masan tried the same system and quickly discarded it.
Industry guys I have talked to have said the ore sorting is difficult on the G6 deposit and being able to improve the input grade isn't going to fix their recoveries. They already have a high grade. Ore sorting isn't going to help.
and while I'm at it. I have block Rob1000 which is good as I...
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5.7¢ |
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Mkt cap ! $127.5M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 1078 | 1 |
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