One little important difference in the higher grade, lower grade discussion that's not understood. Yes, G6M has the higher grade in the world which is fantastic. My understanding is the Xray ore sorter can't be used by G6M, therefore they have to put all of it through the plant. Let's say 0.9%. Whereas EQR is able to use ore sorter at 0.35%. The ore sorter uplifts the grade by 10 times, giving 3.5% through the processing plant. That's why EQR has a lower cost of production.
We need to have successful non-Chinese tungsten producers in the world and Australia with the 2nd highest resource of this critical and one of the highest economically important minerals can be a major producer. When we are, the broader investment community will pay attention.
Unfortunately, what Plonka and a couple of others have been pointing out for a while. There are some major questions still to be answered by G6M management and it's not a quick fix and just throwing money at it doesn't solve it.
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