some quick numbers please correct me where I'm wrong
40t in Dec@ 50% tungsten 20t tungsten=2000MTU (20,000 kg divided by 10)
2000* $300usd=$834,000AUD
Half of this is EQRs half is Cronimet right?
So currently bringing in $400k AUD a month revenue.
"With the Early Works being completed in the coming weeks, we see ourselves right on target with the production upgrade towards +/-90 tonnes of concentrate per month."
90t should put us right around the 1mil revenue a month. Looking forward to the next quarterly where hopefully we get some more details around the costs of tungsten production and cash flow from the quarry over the last 3 months..
All heading in the right direction. Happy holder here.
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