Post by
TELEMARKER on Mar 19, 2024 5:56am
G6M presentation
March 2024
https://wcsecure.weblink.com.au/pdf/G6M/02786473.pdf
Comment by
drixneon on Mar 19, 2024 9:26am
This post has been removed in accordance with Community Policy
Comment by
QuarterDollar on Mar 20, 2024 2:43pm
G6M......... what the heck does this mean?? "Average LOM All-In-Cost of A$296 per mtu of WO3 sold" If this is their costs, where in tarnation are their profits?
Comment by
corton68 on Mar 21, 2024 2:09pm
That is for the LOM plan (Life of Mine Plan) where they can tell all that they want. The reality is that in their last and best quarter (Q2 FY2024) they were having a cost of 1061 A$/MTU = 690 US$/MTU.
Comment by
QuarterDollar on Mar 21, 2024 9:12pm
Cost per MTU is greater than revenue per MTU.............where do I sign up?
Comment by
corton68 on Mar 22, 2024 6:34am
And to think EQ resources in the same boat. The concentrate customers must be laughing that shareholders subsidize their concentrate supply.
Comment by
TELEMARKER on Mar 21, 2024 9:28pm
1 A (Aussie) dollar = 0.67 US dollar Tungsten concentrate sells in US dollars