Australia's largest stock trading and investment forum Australia's #1 stock forum

EQR

Click for more information

0.00%

4.8¢ eq resources limited

Ann: Financing Arrangements Update - Mt Carbine Quarry & MLs, page-10

First 10 Last

Share
Profile

Follow
PickmeAmonkey

2,716 Posts.

151

01/03/19

15:24

Post #: 37622707
Share

Originally posted by vcr999: ↑

This is a standard SEI announcement always saying we are closer but never any real results,just stringing out shareholders patience.What about the 25 Lithium concessions in Chile that are eating away share holders funds and will need millions spent on them in a down Lithium Market.The 2 Gold Leases in different parts of NSW are wasting money.Not a mention that the Tungsten price has crashed, so the low grade tailings will run at a loss at this time.There are so many unknown details on Contracts with the Quarry owner and any new deal going ahead with Cronimet that make it impossible for an investor to make an reasonable assessment before investing. The only fact is if the Quarry is bought even for a terrible deal, management will receive all there bonus shares.There is no incentive for the Quarry owner to spend any money on maintaining his equipment.When I spoke with Jim the previous CEO, he have huge concerns about the quarry owner keeping his environmental obligations up to date.This was one of the issues with buying the quarry,with this huge delay if I was the quarry owner I would not spend any money I didn't have to leave it all up to the new owners. CHEERS

Expand

lol keep averaging down on GWR old M8!

Some of us actually want to make some money!

SEI Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

What's causing the cost-of-living crisis, and how to navigate it

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

There are more pages in this discussion • 89 more messages in this thread...

First 10 Last

Add EQR (ASX) to my watchlist

(20min delay)
Last 4.8¢		Change 0.000(0.00%)		Mkt cap ! $107.3M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.7¢	$8.412K	175.8K

Buyers (Bids)

No.	Vol.	Price($)
2	32705	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	199888	1

View Market Depth

No.	Vol.	Price($)
1	27205	0.047
2	41700	0.046
5	204000	0.045
2	200000	0.044
1	20000	0.040

Price($)	Vol.	No.
0.048	199888	1
0.057	277161	2
0.058	450000	2
0.059	1054694	5
0.060	363256	4

Last trade - 15.54pm 18/10/2024 (20 minute delay)

EQR (ASX) Chart