From the G6M website:“Due to the high-capital cost associated...

From the G6M website:

“Due to the high-capital cost associated with the construction of a chemical processing plant to produce APT, the most commonly traded form of tungsten, most junior miners produce a tungsten concentrate.Tungsten concentrates are typically composed of scheelite and/or wolframite and contain 65-70% tungsten trioxide (WO3).”

”Tungsten concentrates are purchased by secondary processors that convert them into a variety of tungsten powders (intermediates), predominantly APT.”

To me that looks like the ore will be exported after it has been processed with a third party converting the product to APT, however it does not explicitly say that anywhere on the website. So if the price of APT remains as is or edges higher by my calcs the mine could feasibly make a profit of ~90m p.a. after costs. I’m hoping that translates to a share price of >1.10.

IMHO DYOR