EQR eq resources limited

Ann: Mt Carbine Hits Bonanza Grades Under Open Pit, page-104

  1. 2,453 Posts.
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    A reasonable volume day but the large order was only nibbled once. We are near a 12 month high and the sizeable sellers ahead at 5.5 and 6 haven't moved for a couple of weeks so they aren't in a hurry to get out. They probably know the buyers will eventually take them out.

    I sense things are building behind the scenes. The Big Kev pre-crushing unit should be working which adds more stockpile supply to the processing plant. The other equipment - as posted on Linkedin (front end loads etc) should be arriving soon which will up the supply further. They may produce enough from the stockpile to run the processing plant 24/7 again, with minimal tailings.

    If you were a debt financier. Being able to see the process in operation and assess recent drilling results would give a lot more confidence that your capital isn't at risk compared to another project that is a greenfield site or an old mine site that hasn't bee worked for many years.

    It's been a long wait, but the story is building.

    Patience is a virtue. I've even broken out the Mt Carbine stubby holder for a couple of ales.
 
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(20min delay)
Last
3.8¢
Change
0.001(2.70%)
Mkt cap ! $103.6M
Open High Low Value Volume
4.0¢ 4.2¢ 3.7¢ $176.9K 4.523M

Buyers (Bids)

No. Vol. Price($)
5 191909 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 136260 4
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Last trade - 13.19pm 27/06/2025 (20 minute delay) ?
EQR (ASX) Chart
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