EQR 3.51% 5.5¢ eq resources limited

Ann: Quarterly Activities Report , page-12

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  1. 2,803 Posts.
    lightbulb Created with Sketch. 74
    Hmmmm, if I can make it to AGM I think I will ask, otherwise might give them a call.
    Cant see how their production profile can cost this much.
    What would they have, 10-15 staff max, 8mWh per day electicity, couple of diggers/dozers running?

    And I cant see how any additional CAPEX for new trommel/screens would be anything like that cost either.
    What was the initial cost for the plant again, including the jig - $4-6M?? I cant remeber off hand.

    I have noticed with some other companies that the figures in 5Bs seem to be complete BS at times - almost made up, could be the same here.
 
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