A couple of changes since the March presentation. page6 BFS (Bankable Feasibility Study) underway. Strong interest from debt financiers. page 8 Quarry revenue $4.1m & targeting more. page 9 APT price increased from $260 in Mar to $283. page 10 Site overview includes Iron Duke potential. They are more confident this is one deposit. page 11 This suggests Iron Duke might be bigger than the existing Mt Carbine. page 12 Development Timeline above the line - the symbols haven't moved. Full Scale end of Q3 2022 below the line - feasibility has moved a quarter due to including Open Pit. This has moved the debt facility and upgrade plant construction a quarter. - the underground timeline has been removed as the focus is on the pit extension.
EQR Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
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