G6M
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3.85% 2.5¢ group 6 metals limited

I could be wrong here but I thought the off-take agreements were...

  1. Coldwar2
    10 Posts.
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    18/04/22
    03:17
    Post #: 60891207
    I could be wrong here but I thought the off-take agreements were structured to receive the WO3 at spot price, at time of shipping, with downside protection.

    From the G6M website:

    Tungsten concentrates are typically composed of scheelite and/or wolframite and contain 65-70% tungsten trioxide (WO3) and vendors of concentrate tend to receive c. 70%-80% of the value of the tungsten in the concentrate based on the prevailing APT price.

    I am interested about how BNW got to $1.92 as well though?


    G6M Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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